[ad_1] MUMBAI: State Bank of India, the country’s largest lender, is re-jigging its senior leadership positions with at least four key executives getting new roles, according to people familiar with the matter.Rajay Sinha, chief general manager in charge of global markets, will become managing director and chief executive at the brokerage arm SBI Capital Markets … Read more
[ad_1] NEW DELHI: The reverse merger of HDFC with its subsidiary HDFC Bank effective Saturday has increased the total business of the merged entity to over Rs 41 lakh crore, closer to the country’s biggest lender SBI.The total business (deposit and advances) of State Bank of India (SBI) stood at Rs 70.30 lakh crore at … Read more
[ad_1] The report highlighted the impact of the withdrawal on deposits The State Bank of India (SBI) has released a report explaining how the recent withdrawal of Rs 2,000 notes could boost bank deposits, repayment of loans, and even the GDP of the country. The report said the withdrawal was a precision strike and suggested … Read more
[ad_1] NEW DELHI: Six of the top-10 most valued domestic firms together added Rs 1,13,703.82 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in an overall bullish trend in the equity market.Last week, the BSE benchmark jumped 758.95 points or 1.21 per cent. The 30-share BSE index zoomed 466.95 … Read more
[ad_1] Stocks to Watch June 6: The Nifty futures contract traded on the Singapore Exchange indicates a negative start to domestic equities. The contract was trading at 18,708, down 17 points or 0.09% from the previous close. IndiGo: IndiGo aims to carry 100 million passengers in the year ending March 2024, as the carrier adds more … Read more
[ad_1] Stocks to Watch: Nifty futures on the Singapore Exchange traded 44 points, or 0.23 per cent, lower at 18,686, signaling that Dalal Street was headed for negative start on Wednesday. Adani Ports & SEZ: The company clocked 5.1 per cent year-on-year (YoY) rise in consolidated net profit to Rs 1,158.9 crore for the January-March … Read more
[ad_1] NEW DELHI: Public sector banks’ cumulative profit crossed the Rs 1 lakh crore mark in financial year 2023, with market leader SBI accounting for nearly half of the total earnings.From posting a total net loss of Rs 85,390 crore in 2017-18, PSBs have come a long way as their profit touched Rs 1,04,649 crore … Read more
[ad_1] NEW DELHI: Public sector banks‘ cumulative profit crossed the Rs 1 lakh crore-mark in the financial year ended March 2023, with market leader State Bank of India (SBI) accounting for nearly half of the total earnings.From posting a total net loss of Rs 85,390 crore in 2017-18, the Public Sector Banks (PSBs) have come … Read more
[ad_1] New Delhi: State Bank of India (SBI) on Friday said it is exploring options for installing an iris scanner at Banking Correspondent or Customer Service Point to address the challenges faced by senior pensioners or customers. This will save senior citizens from going to branches and withdrawing pensions at their nearest Bank Mitra channel. … Read more
[ad_1] ATM Franchise Business: Any business you try your hand at will be difficult, complex, and demanding to manage. But what if someone told you that by making a tiny, one-time, refundable investment of about Rs 5 lakh, you might actually earn as much as Rs 60,000–70,000 every month? Let us walk you through the … Read more