SBI

Amidst the continued rise in inflation, it is now almost certain that the Reserve Bank of India (RBI) will raise key policy rates in the June and August policy review meetings, thereby taking it to the pre-pandemic level of...

The country’s largest lender SBI has lined-up a dozen non-performing assets (NPAs) on sale to recover loan dues of over Rs 820 crore, as per the bank’s notifications. In terms of the bank’s policy on sale of financial assets,...

ANMA Integrated Development Association (AIDA)-Don Bosco, implementing SBI Gram Seva programme in Dimapur handed farm mechanisation equipment to farmers’ club of four adopted villages of Urra, Khriezephe, Bade and Diezephe on Monday.A press release from AIDA informed that while...

State Bank of India, the nation’s largest lender, has stopped processing transactions of Russian entities that have been sanctioned by the West over Moscow’s invasion of Ukraine, sources said.To effect this, SBI has issued a circular as it fears...

The country’s gross domestic product (GDP) is likely to grow at 5.8 per cent in the third quarter of fiscal 2022, according to an SBI’s research report- Ecowrap.The country’s economy expanded by 8.4 per cent in the second quarter...

The approvals required for setting up National Asset Reconstruction Company (NARCL) and India Debt Resolution Company (IDRCL), including from the RBI, have now been received, lending major SBI said on Friday.Accordingly, both the companies are ready to commence their...