Fiscal deficit of government to ease by 20 to 30 bps to 4.2% of GDP by RBI’s bumper dividend: SBI
Business

Fiscal deficit of government to ease by 20 to 30 bps to 4.2% of GDP by RBI’s bumper dividend: SBI

[ad_1] The fiscal deficit of the central government could ease by 20 to 30 basis points from the budgeted level of 4.5 per cent to

Watch out for these stocks: SBI, Nazara Tech, Ola Electric, Godrej Enterprises, BSE, Sonata Software, Ugro Capital, REC, Bajaj Finserv, Bajaj Holdings, Gensol, United Breweries, KPR Mill
Business

Watch out for these stocks: SBI, Nazara Tech, Ola Electric, Godrej Enterprises, BSE, Sonata Software, Ugro Capital, REC, Bajaj Finserv, Bajaj Holdings, Gensol, United Breweries, KPR Mill

[ad_1] The Executive Committee of the State Bank of India’s central board on Tuesday approved long-term overseas fund raising of up to $3 billion. This

SBI cuts deposit rate by up to 50 bps on few tenures
Business

SBI cuts deposit rate by up to 50 bps on few tenures

[ad_1] The country’s largest lender, State Bank of India (SBI), has cut interest rate on term deposits by up to 50 basis points (bps) on

Digital pivot pays off: YONO powers SBI to record profits, global recognition
Business

Digital pivot pays off: YONO powers SBI to record profits, global recognition

[ad_1] State Bank of India posted record profits of about USD 9.2 billion in fiscal ending March 2025, becoming only the third Indian company, after

SBI to decide on  billion fund raising on May 20
Business

SBI to decide on $3 billion fund raising on May 20

[ad_1] State Bank of India (SBI) on Wednesday said it will consider raising $3 billion through public offer or private placement during the current fiscal.

To stem CASA deposit decline, SBI eyes cash-rich segments
Business

To stem CASA deposit decline, SBI eyes cash-rich segments

[ad_1] CASA deposits of SBI declined to 39.97 per cent of domestic deposits as of March-end 2025 from 41.11 per cent as of March-end 2024

SBI board approves sale of 13% stake in YES Bank to Sumitomo for ₹8,889 crore at ₹21.50 per share
Business

SBI board approves sale of 13% stake in YES Bank to Sumitomo for ₹8,889 crore at ₹21.50 per share

[ad_1] The deal reflects growing foreign interest in India’s private banking sector.  | Photo Credit: SOMASHEKAR G R N The country’s largest lender, State Bank

Banks led by SBI to sell their stake in YES Bank to Sumitomo Mitsui Banking Corporation
Business

Banks led by SBI to sell their stake in YES Bank to Sumitomo Mitsui Banking Corporation

[ad_1] Investor-Banks led by State Bank of India (SBI) seem to have finally zeroed in on an investor to sell their investment in YES Bank

RBI may effect cumulative rate cut of 125-150 bps in FY26, says SBI study
Business

RBI may effect cumulative rate cut of 125-150 bps in FY26, says SBI study

[ad_1] The Reserve Bank may cumulatively cut the key interest rate in the range of 125-150 basis points this fiscal amid benign inflationary patterns, an

‘Grahak Mitras’ to shepherd SBI customers towards alternate banking channels
Business

‘Grahak Mitras’ to shepherd SBI customers towards alternate banking channels

[ad_1] State Bank of India (SBI) plans to engage the services of personnel from its wholly-owned subsidiary, State Bank Operations Support Services (SBOSS), to shepherd

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