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Tag: SBI

National / News Update

SBI employees pledge Rs 100 cr to PM CARES Fund

March 31, 2020 - by IANS

 New Delhi: In the fight against COVID-19, around 2,56,000 employees of the country’s largest lender, State Bank of India (SBI), have decided to contribute two days’ salary to the Prime …

SBI employees pledge Rs 100 cr to PM CARES Fund Read More
Six pvt banks join SBI to rescue Yes Bank; Federal Bank commits Rs 300 cr
Business / National / News Update

Six pvt banks join SBI to rescue Yes Bank; Federal Bank commits Rs 300 cr

March 14, 2020 - by IANS

Mumbai: As the government on Saturday notified the reconstruction scheme for Yes Bank, major private banks have come out with investment commitments for the crisis-hit bank. Federal Bank on Saturday announced …

Six pvt banks join SBI to rescue Yes Bank; Federal Bank commits Rs 300 cr Read More
Business / News Update

SBI to acquire 245 crore shares in Yes Bank at a price of Rs 10 each

March 8, 2020 - by IANS

Mumbai, State Bank of India (SBI) will acquire a 49 per cent stake in the reconstructed Yes Bank by acquiring 245 crore shares at a price of Rs 10 each …

SBI to acquire 245 crore shares in Yes Bank at a price of Rs 10 each Read More
National / News Update

LIC may be roped in rescue scheme for Yes Bank

March 7, 2020 - by IANS

Mumbai: State-owned insurer Life Insurance Corporation may consider joining RBI efforts to rescue Yes Bank. This can help to increase capital infusion under the draft scheme to rescue Yes Bank designed …

LIC may be roped in rescue scheme for Yes Bank Read More
SBI cuts MCLR, offers new term-deposit product for senior citizens
Business / News Update

Due diligence on investment in Yes Bank on: SBI

March 7, 2020 - by IANS

Mumbai: SBI chairman Rajnish Kumar on Saturday said the bank has time till Monday to respond back to the Reserve Bank of India (RBI) on the draft scheme for rescue of …

Due diligence on investment in Yes Bank on: SBI Read More
Accelerated Recovery: RBI to maintain accommodative stance, rates
National / News Update

RBI releases Yes Bank revival draft, says SBI ready to invest

March 6, 2020 - by IANS

Mumbai: The Reserve Bank of India on Friday put out the draft of a revival scheme for Yes Bank, which has been put under the control of the central bank. India’s …

RBI releases Yes Bank revival draft, says SBI ready to invest Read More
Sensex up 200 pts, SBI 2%, RIL 1%
News Update

Sensex up 200 pts, SBI 2%, RIL 1%

December 27, 2019 - by IANS

Mumbai, Dec 27: The benchmark Sensex advanced over 200 points after opening in the green on Friday. It opened at 41,297.08, higher from its previous close of 41,163.76. Key drivers during …

Sensex up 200 pts, SBI 2%, RIL 1% Read More
Jet Airways' Committee of Creditors to meet on Thursday
News Update

Jet Airways’ pilots body urges SBI to clear salaries, dues at earliest

March 26, 2019 - by The Samikhsya

Assuring its commitment towards the Jet Airways in taking the airline to the road of recovery, its pilots body National Aviators Guild on Tuesday petitioned State Bank of India chairman …

Jet Airways’ pilots body urges SBI to clear salaries, dues at earliest Read More

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Business News

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