SBI raises ₹10,000 cr via 17th infra bond issue
The PSU bank has raised the debt capital at a coupon rate of 7.23% payable annually for a tenor of 15 years.
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HDFC, ICICI, SBI among RBI’s systemically important banks
The additional Common Equity Tier 1 (CET1) requirement for these domestic systemically important banks will be in addition to the capital conservation buffer.
SBI shares up 1% post Q2; should you buy, hold or sell?
Brokerages remain bullish on SBI with ‘Buy’ ratings, expecting potential upside of up to 25% from the current level.
SBI Q2 profit rises 28% to ₹18,331 cr; to raise ₹20,000 cr via bonds in FY25
The net interest income jumped 5.37% YoY to ₹41,620 crore in Q2 FY25, from ₹39,500 crore in the same period last year.
SBI plans to hire 10,000 in FY25; here’s how stock reacts
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.
SBI raises ₹15,000 cr via Basel III bonds in a month
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.
SBI raises ₹7,500 cr via Tier 2 bonds; here’s how PSU bank stock reacts
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 raises ₹10,000 cr via infra bonds; here’s how stock reacted
This is the sixth infra bond issued by the PSU bank; the proceeds will be used for funding infrastructure and affordable housing segments.
SBI bats for tax parity of FDs with mutual funds, stocks
The government should tweak the tax rate on interest earned from fixed deposits, says SBI's group chief economic adviser
SBI Taps Tech To Boost Profits
India’s biggest lender banks on technology to grow in the face of onslaught by fintech players and private banks.
