By Malvika Gurung Investing.com -- The domestic market traded on a weak note on Tuesday amid downcast global cues on fears that the Fed would continue its aggressive hike of interest rates...
Chennai, Dec 6 (IANS) With the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) expected to revise upwards the interest rate on Wednesday, industry players are voicing out for a...
By Malvika Gurung Investing.com -- Despite a gloomy session on Dalal Street on Tuesday, PSU banking stocks are trading higher and have been on investors’ watchlists for the past 6...
SBI Card has updated the reward point policies for users of its credit cards as of January 1, 2023. Furthermore, processing costs for transactions involving credit cards were changed as of...
Recently, SBI raised Rs 10,000 crore through its maiden issue of infrastructure bonds, for funding infrastructure and affordable housing segment.
State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 550916.28 Crore).
Mumbai, Dec 5 (IANS) The Unified Payments Interface (UPI), debit and credit cards, prepaid payment instruments like mobile wallets, and prepaid cards logged 23.06 billion transactions...
New Delhi, Dec 5 (IANS) This has obviously made things lopsided when it comes to governance of Indian banks. For instance the Reserve Bank of India (RBI) can issue guidelines to private...
SBI Life has broken out from a symmetrical triangle at 1274-1275. Following a breakout out from the price pattern, the 50-day MA crossed above the 100-day MA which confirmed the bullishness...
The brokerage likes Tata Motors given the cyclical recovery and improving franchise in India, leadership in the electric vehicle (EV) space, and JLR's focus on returning to higher margin...
These bonds are used by individuals or entities to donate money to political parties
The RBI's three-day monetary policy committee meeting has commenced today. Financial markets will be keenly watching the committee's rate hike stance if any, as inflation is still above the...
Financial markets will be keenly watching the committee's rate hike stance if any, as inflation is still above the 6 per cent target band.
The official notification by the Ministry of Finance stated that the electoral bonds will be valid for 15 days from the date of issue.
State Bank of India (SBI): The state-run lender on Friday (2 December) said it has raised Rs 10,000 crore through its maiden infrastructure bonds, offering a coupon rate of 7.51%. The tenor...
The interest rates on home loans are as low as 8.40 per cent. SBI has waived processing fees for both regular and top-up home loans.
New Delhi, Dec 3 (IANS) The Government on Saturday authorised sale and encashment of electoral bonds through 29 branches of State Bank of India (NS:SBI) across the country between December...
The amount raised through bonds will be utilized in enhancing long term resources for funding infrastructure and affordable housing segment. The tenor of these bonds is 10 years. The issue...
Digital Rupee: On December 1, the RBI launched the Digital Rupee pilot in four cities - Mumbai, New Delhi, Bengaluru, and Bhubaneswar.
This is the largest single infrastructure bond issued by any bank in the country.
SBI chairman Dinesh Khara on Friday said the Reserve Bank's first pilot project for retail digital rupee is a "game changer" with durable effects that should ensure better monetary...
Digital rupee: SBI Chairman Dinesh Khara today (December 2) said the Reserve Bank's first pilot project for retail digital rupee is a game changer with durable effects that should ensure...
RBI's pilot project on retail-CBDC is a game changer with durable effects that should ensure better monetary transmission at much lesser costs, said SBI Chairman.
The pilot project for retail digital rupee, RBI's central bank digital currency (CBDC) started in Mumbai, New Delhi, Bengaluru and Bhubaneswar on Thursday and State Bank of India (SBI) is...
Anonymity factor is critical for its acceptance, asserts Dinesh Khara
10-year paper priced at 7.51%, or about 17 bps above benchmark g-sec yield
The issue attracted overwhelming response from investors with bids of Rs 16,366 crore and was oversubscribed by about 3.27 times against the base issue
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