Articles for Banks Sbi

A big refinery, a large loan, and a bunch of eager banks
1 month, 2 weeks ago

A big refinery, a large loan, and a bunch of eager banks

Live Mint  

Mumbai: India’s top lenders are falling over each other to finance a ₹39,000 crore refinery being set up by Chennai Petroleum Corp. and Indian Oil Corp. in Tamil Nadu, in one of the largest corporate loan deals in recent times. State-owned banks like State Bank of India, Bank of Baroda and Punjab National Bank are among six lenders which have …

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FD interest rates: Here’s what is on offer by HDFC Bank, SBI, ICICI, Canara & more — compare who is offering most
1 month, 3 weeks ago

FD interest rates: Here’s what is on offer by HDFC Bank, SBI, ICICI, Canara & more — compare who is offering most

Live Mint  

India FD interest rates comparison: Public and private banks in India offer a varied range of fixed deposit interest rates, and it is thus recommended that you compare most options available before making an investment. Private Banks' FD Rates India's largest private lender, HDFC Bank, is offering FD interest rates between 6.60-7.00 per cent for all customers and between 7,10-7.50 …

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SBI, HDFC Bank and ICICI Bank are India's 3 best banks, says RBI
1 month, 3 weeks ago

SBI, HDFC Bank and ICICI Bank are India's 3 best banks, says RBI

Hindustan Times  

The Reserve Bank of India has designated State Bank of India, HDFC Bank and ICICI Bank as Domestic systemically important banks, PTI reported. HDFC Bank, the largest private sector lender, continues to be bracketed in bucket 2, under which it will have to maintain a higher CET1 by 0.40 per cent, the PTI report added. "Hence, up to March 31, …

India Bank Pti Cent Rbi Hdfc Bank Icici Bank
SBI, HDFC Bank and ICICI Bank are India's 3 best banks, says RBI
1 month, 3 weeks ago

SBI, HDFC Bank and ICICI Bank are India's 3 best banks, says RBI

Hindustan Times  

The Reserve Bank of India has designated State Bank of India, HDFC Bank and ICICI Bank as Domestic systemically important banks, PTI reported. Photographer: Dhiraj Singh/Bloomberg {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The SBI continues to be remain in the top 4, which requires the country's largest lender to keep an additional CET1 of 0.80 per cent, as per the list.The Reserve …

India Pti Cent Rbi Hdfc Bank Icici Bank Hdfc
SBI research finds 3x increase in net profit of banks under Modi govt
1 year, 4 months ago

SBI research finds 3x increase in net profit of banks under Modi govt

Op India  

The Indian banking sector has witnessed tremendous transformation between Financial Year 2013-2014 and Financial Year 2022-2023, revealed a research report by the State Bank of India on Tuesday. Screengrab of the key banking indicators from FY14-FY23, chart via SBI Research/ RBI Moreover, the net profit of banks tripled from ₹809 trillion to 2,480 trillion between Financial Year 2013-2014 and Financial …

India Research Financial Banking Indian Profit Report
MasterCard Ban to Hit SBI, Yes Bank, 5 Others. Will Your Debit, Credit Card be Blocked?
3 years, 5 months ago

MasterCard Ban to Hit SBI, Yes Bank, 5 Others. Will Your Debit, Credit Card be Blocked?

News 18  

The Reserve Bank of India had said in a statement that a ban on Mastercard would be imposed effective from June 22. A little further down the spectrum, Induslnd Bank, ICICI Banks and Axis Bank will be the second most affected as they have around 35 to 40 per cent of their credit card schemes tied to the banned card, …

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SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI
3 years, 11 months ago

SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI

India TV News  

The RBI on Tuesday said state-owned SBI, along with private-sector lenders ICICI Bank and HDFC Bank continue to be Domestic Systemically Important Banks or institutions that are 'too big to fail'. "SBI, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks, under the same bucketing structure as in the 2018 list of D-SIBs," RBI said …

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SBI needs moratorium cloud to lift if it has to lend without restraint
4 years, 5 months ago

SBI needs moratorium cloud to lift if it has to lend without restraint

Live Mint  

India’s largest lender is willing to take risks and lend amid a raging pandemic, even though the rest of the financial year looks like a washout for the economy. “A bank’s job is to take risks, and this is the best time to take risks,” State Bank of India chairman Rajnish Kumar said in a virtual press meet while announcing …

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SBI, Bank of Baroda savings accounts: minimum balance rules, penalty explained
5 years, 8 months ago

SBI, Bank of Baroda savings accounts: minimum balance rules, penalty explained

Live Mint  

New Delhi: Regular savings accounts require customers to maintain a minimum average balance. State Bank of India, Bank of Baroda and other leading banks have fixed their monthly minimum average balance requirements according to the location of a customer's account. Here are the MAB requirements and penalty charges levied for non-maintenance of balance by SBI, and Bank of Baroda : …

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Faster transmission soon as SBI adopts repo-linked rates
5 years, 9 months ago

Faster transmission soon as SBI adopts repo-linked rates

Live Mint  

In a major development that could eventually lead to significant improvement in interest rate transmission for consumers, State Bank of India Ltd on 8 March announced the linking of savings bank account deposits and short-term loans to the Reserve Bank of India’s repo rate. The SBI move Starting 1 May, SBI will link savings bank deposits above ₹1 lakh and …

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