SBI to organise outreach programme for farmers on July 18

Jul 16 2018

Country's largest lender State Bank of India (SBI) will organise a nation-wide Kisan Mela on Wednesday as an outreach programme for farmers and to impart financial literacy.

SBI's Bond Plan Eyed by India Firms Mulling Offshore Return

Jul 13 2018

A planned bond sale by State Bank of India may help the nation's borrowers decide whether the timing is right to return to the offshore market, which they've been shut out of amid an emerging-market rout.

Sensex rallies 400 pts to hit record high; RIL shares surge 5%

Jul 12 2018

BSE Sensex soared over 400 points to hit its record high after Reliance Industries (RIL) reclaimed USD 100 billion (approx Rs 6,86,604 crore) market capitalisation as its shares a hit 52-week high today.

IndiGo puts 1.2 million seats on sale at Rs 1,212

Jul 10 2018

In the largest discounted ticket sale offer by a domestic carrier, no-frills airline IndiGo has put 1.2 million seats up for grabs with fares starting at Rs 1,212 for travel across its flight network, including overseas destinations.

SBI Card plans to launch 4 new products this fiscal

Jul 08 2018

In a bid to increase its portfolio, SBI Card plans to introduce four new products in the market during the three quarter of the current fiscal.

MSP hike could impact retail inflation by 73 bps: SBI report

Jul 06 2018

The hike in minimum support price (MSP) of 14 summer crops can increase retail inflation by 73 basis points, depending upon the level of procurement, an SBI report said.

Banks working closely with UK authorities to recover dues from Mallya: SBI MD

Jul 06 2018

Indian banks are working very closely with the UK authorities to recover maximum out of assets owned by Vijay Mallya, Basu said.

Hong Kong court grants British lesbian right to spousal visa

Jul 04 2018

Hong Kong’s top court ruled on Wednesday that a British lesbian should be granted a spousal visa in a landmark judgment that could open the door for expatriate same-sex partners to move to the Chinese-ruled city.

MFs' AUM rises 20% to Rs 23.4 lakh cr in Apr-Jun quarter

Jul 04 2018

Mutual funds' asset base rose to Rs 23.40 lakh crore in April-June quarter, a 20 per cent surge from the year-ago period driven by participation from retail investors and a spirited investor awareness campaign by the industry.

Arijit Basu takes over as SBI Managing Director

Jul 02 2018

Banking professional Arijit Basu has taken over as a new Managing Director of State Bank of India (SBI), an official said on Monday.

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