[ad_1] Photo used for representational purpose only. File | Photo Credit: PTI Five of the top 10 most valued firms together lost ₹86,447.12 crore in market valuation last week, with Infosys, Tata Consultancy Services and State Bank of India taking the biggest hit. Last week, the BSE benchmark fell 462.8 points or 0.79%. While Reliance […]
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[ad_1] File photo of SBI group chief economic adviser Soumya Kanti Ghosh. Mr. Ghosh recently said RBI should consider decoupling from the U.S. Federal Reserve. | Photo Credit: The Hindu The RBI should “pause and think” if it can continue mirroring the U.S. Federal Reserve “stroke by stroke” in terms of rate hikes or decouple […]
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[ad_1] Image for representational purpose only. | Photo Credit: The Hindu The State Bank of India (SBI), said it has raised ₹3,717 crore through its third Basel III compliant Additional Tier 1 bond issuance in the current financial year at a coupon rate of 8.25%. The proceeds will be utilised for augmenting Additional Tier 1 […]
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[ad_1] TI Clean Mobility Pvt. Ltd. (TICMPL) has signed definitive documents with Tube lnvestments of India Ltd. (TII), Multiples Private Equity Fund lll, SBI and other co-investors to raise ₹1,950 crore to fuel its EV business through organic and inorganic routes. The investment will be in the form of equity and compulsorily convertible preference shares. […]
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[ad_1] SBI Chairman Dinesh Kumar Khara during platinum jubilee celebrations of All India State Bank of India Staff Federation, in Kolkata, on November 26, 2022. | Photo Credit: PTI Chairman of the country’s biggest lender State Bank of India (SBI) Dinesh Khara on November 26 asserted that analysts and broking houses are praising the financial […]
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[ad_1] Representational file image. | Photo Credit: Reuters State Bank of India has raised the marginal cost of funds-based lending rate (MCLR) by 15 basis points across tenors, making most consumer loans costlier for borrowers. The revised rates come into effect from November 15, 2022. The benchmark one-year MCLR, which is used as base for […]
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[ad_1] Representational file image. | Photo Credit: Reuters State Bank of India has raised the marginal cost of funds-based lending rate (MCLR) by 15 basis points across tenors, making most consumer loans costlier for borrowers. The revised rates come into effect from November 15, 2022. The benchmark one-year MCLR, which is used as base for […]
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[ad_1] With a projected growth rate of 6.8% and inflation “much under control”, India is doing reasonably well State Bank of India Chairman Dinesh Khara said With a projected growth rate of 6.8% and inflation “much under control”, India is doing reasonably well State Bank of India Chairman Dinesh Khara said The impact of a […]
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[ad_1] The report basis its optimism on the rising corporate revenue and profit and the growing bank credit coupled with ample liquidity in the system. The report basis its optimism on the rising corporate revenue and profit and the growing bank credit coupled with ample liquidity in the system. SBI Research has projected the Indian […]
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[ad_1] The SBI move follows an off-cycle rate increase by the Reserve Bank of India which hiked the repo rate by 0.40% to 4.40% The SBI move follows an off-cycle rate increase by the Reserve Bank of India which hiked the repo rate by 0.40% to 4.40% The country’s largest lender State Bank of India […]
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