Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «sbi»

11 January, 2019 3:13 PM New life premium mop-up inches up 2.41% in December

New business premium collection by the life insurance industry has grown 2.41 percent to Rs 1.41 trillion as of December, show the data released by the apex industry body. The industry collected Rs 1,41,584 crore as against Rs 1,38,253 crore last year, the Life Insurance Council said in a statement. The individual new business booked was Rs 63,356 crore 57

9 January, 2019 3:18 AM IL&FS Crisis: Lenders Asked To Classify Loans To Firm As Non-Performing, Says Report

In October, the government took control of IL&FS, after a string of defaults on debt obligations by the company spooked domestic markets. The Reserve Bank of India (RBI) has asked lenders of Infrastructure Leasing and Financial Services (IL&FS) to classify loans extended to the bankrupt shadow banking firm as non-performing, two sources with direct knowledge 118

7 January, 2019 7:58 AM Elara expects banks' profitability to improve in Q3FY19

Elara Capital does not expect any new large corporate loan account to slip barring re-classification of IL&FS Brokerage houses have been betting on select banks, especially after the beginning of improvement in their asset quality and hope of further earnings growth. Elara is one of the brokerage houses that also turned positive on banks and expects 86

3 January, 2019 8:48 AM HDFC MF surpasses ICICI Prudential MF to become largest AMC in India

HDFC Mutual Fund has pipped rpt pipped ICICI Prudential MF to become the country's largest asset management company after a gap of over two years. As of December-end, HDFC MF manages assets to the tune of Rs 3.35 lakh crore, while those of ICICI Prudential MF stood at Rs 3.08 lakh crore, as per the latest data available with Association of Mutual funds 60

2 January, 2019 12:17 PM BoB finalises share swap ratio for merger of Vijaya Bank, Dena Bank

New Delhi: Bank of Baroda (BoB) Wednesday finalised the share swap ratio for merger of Vijaya Bank and Dena Bank with itself. As per the Scheme of Amalgamation, shareholders of Vijaya Bank will get 402 equity shares of BoB for every 1,000 shares held. In case of Dena Bank, its shareholders will get 110 shares for every 1,000 shares of BoB. The government 75

2 January, 2019 11:27 AM SBI's Zero Balance Savings Account: Interest Rates, Benefits Here

SBI zero balance account: The interest rates offered by SBI on BSBD accounts are the same as those on regular savings bank accounts. State Bank of India's Basic Savings Bank Deposit (BSBD) account, a zero balance savings account, doesn't require customers to maintain any particular minimum average balance. BSBD account is primarily meant for poorer sections 89

29 December, 2018 1:19 PM Instant Money Transfer: Charges Levied By Banks For Immediate Payment Service (IMPS)

Immediate Payment Service (IMPS), an instant interbank electronic fund transfer facility, allows the customer to transfer funds on a 24x7 basis and 365 days of the year. The maximum amount that can be transferred via IMPS is Rs 2 lakh. This facility is available only via internet banking. Most banks in the country offer the facility of IMPS for making 70

28 December, 2018 6:23 AM 7th tranche of electoral bonds sale to kick off from January 1

New Delhi: The seventh tranche of electoral bonds sale will take place from January 1 to January 10, a government release said. "The State Bank of India (SBI), in the VII Phase of sale of Electoral Bonds, has been authorised to issue and encash Electoral Bonds through its 29 Authorised Branches w.E.F. January 01 - 10, 2019," government said in an official 82

26 December, 2018 6:18 AM Realme 2 Pro, iPhone 6s, and More Phones Discounted in Flipkart Mobiles Bonanza Sale

Flipkart Mobiles Bonanza sale has kicked off on Wednesday. The ongoing sale will go on until Saturday, December 29, and brings discounts on a large number of smartphones. The list of smartphones that come with offers during the Flipkart sale includes the Realme 2 Pro, Asus ZenFone Max Pro M1, Honor 9N, and the Nokia 5.1 Plus. The sale also brings discounts 111

24 December, 2018 8:56 AM D-Street Buzz: 60 stock hits 52-week low; BEML, Yes Bank, Infosys most active

Benchmark indices are remain volatile on Monday with Nifty is trading below 10,750 level, while Sensex is trading lower by 30 points. Among the sectors, IT index is trading higher by 1 percent led by Wipro, Tech Mahindra, TCS, Infosys and Oracle Fin Serv. In the Nifty PSU bank index, Bank of India, Oriental Bank of Commerce, Union Bank of India, PNB, SBI, Canara 62