This is the first offshore USD Secured Overnight Financing Rate (SOFR) linked syndicated loan raised by SBI through its Gift City branch.
NETC FASTag has been witnessing exponential year-on-year growth of 53% in terms of its transaction volume
JBIC is a policy-based financial institution of Japan, and conducts lending, investment and guarantee operations while complementing private sector financial...
The move comes after the company has revalued itself at Rs 5,257 crore now after the deal with Cube Highways of Singapore failed last year, due to regulatory...
While HDFC Bank, ICICI Bank, Hindustan Unilever Limited, State Bank of India, Bajaj Finance, HDFC and Bharti Airtel were among the laggards from the top-10...
GAIL has a deal to receive 2.5 million tonnes of liquefied natural gas (LNG) annually on a delivered basis from Russia's Gazprom.
SBI said it has placed these accounts for sale to asset reconstruction companies (ARCs)/banks/Non-Banking Financial Companies (NBFCs)/financial institutions...
The lowest interest rate offered by the government on provident fund is because of low interest regime currently prevailing in the economy
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Bhatia as a member initially for a period of three years from the date of...
The SWIFT is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.
In general terms, Phishing is sharing of fabricated information by fraudsters to bank customers in the form of fake e-mails, text messages, and websites.
Lenders, including SBI and HDFC Bank, have hiked interest rates on their fixed deposits recently
Termed as the biggest banking fraud, the ABG Shipyard Limited, a Gujarat-based shipbuilding firm, defrauded a consortium of 28 banks including the State Bank...
During the third quarter ended December 2021, SBI recovered Rs 1,500 crore from written-off accounts and for the nine months during April-December FY22, the...
The customers can now ride home their favourite company scooter at the lowest interest rates across India for a hassle-free experience.
The five courses are--Banking Fundamentals, MSME Lending, in a Nutshell, Electronic Payment System In India, Priority Sector Lending Norms, and NRI Business &...
To increase the digital transaction, the National Payment Corporation Of India (NPCI) offers IMPS services, so that customers can make instant monetary...
The budget 2023 has pegged the Centre's gross borrowing at a record Rs 14.3 lakh crore and for the FY22 at Rs 10.5 lakh crore, lower than Rs 13.5 lakh crore...
The interested ARCs/banks/NBFCs/FIs can conduct due diligence of these assets with immediate effect, after submitting expressions of interest and executing...
State Bank of India's net interest income or the difference between interest earned on loans and interest expended on deposits advanced 6.5 per cent to Rs...
The 30-share BSE Sensex plummeted 1,836.95 points or 3.11 per cent amid geopolitical tensions, a global sell-off triggered by a hawkish US Federal Reserve and...
The total income declined to Rs 20,458.31 crore in the quarter under review from Rs 26,551.90 crore in October-December 2020 period.
SBI was given Rs 873.07 crore towards reimbursement of ex-gratia between July 23 and September 22, 2021.
On March 27, 2020, RBI announced a loan moratorium on payment of instalments of term loans falling due between March 1 and May 31, 2020, due to the pandemic.
The bonds will be listed on Taipei Exchange (TPEx), Singapore Exchange Securities Trading Ltd (SGX-ST) and India International Exchange IFSC Ltd (India INX).
