India Inc On An Ad-renaline Rush!
As firms bet big on brand visibility, cumulative advertising and publicity spend of BSE 500 companies hit ₹80,000 crore.
As firms bet big on brand visibility, cumulative advertising and publicity spend of BSE 500 companies hit ₹80,000 crore.
The revised MCLR will take effect on October 15, 2024
State Bank of India reportedly plans to hire 10,000 new employees and open 600 branches during the current financial year to improve its operations.
Jairam Ramesh revealed SBI's plan to take a dual role in restructuring SIIL’s debt, shifting from primary creditor to equity stakeholder.
Tamil Nadu continues to be the most urbanised state with 54% of the population living in urban areas followed by Maharashtra.
In less than a month, State Bank of India raised a total of ₹15,000 crore through issuance of Tier-2 bonds in two equal tranches.
The PSU bank has raised the fund at a coupon rate of 7.42% through its first Basel III compliant Tier 2 bond issuance for the current financial year.
SBI reported a net profit of ₹17,035 crore, witnessing a growth of 0.89% YoY, while its net interest income (NII) surged 5.71%
10 out of 12 Nifty bank stocks were trading lower, barring Federal Bank and AU Small Finance Bank.
In the BSE Sensex pack, 11 out of 30 stocks ended in green on Budget day, led by Titan, ITC, Adani Ports, NTPC, and Infosys.