Tag: SBI

RBI’s Aim is to Create Ecosystem for Economic Revival From COVID-19: Shaktikanta Das
InFocus, Finance

RBI’s Aim is to Create Ecosystem for Economic Revival From COVID-19: Shaktikanta Das

SMEStreet Desk- July 11, 2020

"From February 2019 onwards, on a cumulative basis, we had cut the repo rate by 250 basis points till the onset of COVID-19. That was ... Read More

SBI Approved Rs 1760 Cr for Yes Bank’s FPO
Banking & Finance, Finance

SBI Approved Rs 1760 Cr for Yes Bank’s FPO

SMEStreet Desk- July 9, 2020

"The executive committee of central board (ECCB) of State Bank of India at its meeting held today on 8th July, 2020 has accorded approval for ... Read More

SBI to Provide Collateral Free Loans to 48168 MSMEs in Odisha
Clusters, East Zone

SBI to Provide Collateral Free Loans to 48168 MSMEs in Odisha

SMEStreet Desk- June 28, 2020

While urging enterprises to come forward and avail the benefit, she said, “The existing affected units will get 20 per cent (pc) of their fund-based ... Read More

SBI holds E-Town Hall Meetings for MSME Customers During COVID
LimeLight

SBI holds E-Town Hall Meetings for MSME Customers During COVID

SMEStreet Desk- June 16, 2020

SBI organized 125+ E-Town Hall Meetings to support MSME customers. Nearly 3000 customers participated in the meeting. Bank has sanctioned GECL aggregating Rs. 15000 crore ... Read More

SBI Leads Emergency Credit Line Guarantee Scheme in the race of MSME Lending
LimeLight, Banking & Finance

SBI Leads Emergency Credit Line Guarantee Scheme in the race of MSME Lending

SME STREET- June 11, 2020

The bank has cumulatively disbursed loans to the tune of Rs 7,516.64 crore to 66,335 corporate accounts across the country upto June 9. The loans ... Read More

SBI Reported 4X Growth in Q4 Net Profit at Rs 3,581 Crore
Finance, Banking & Finance

SBI Reported 4X Growth in Q4 Net Profit at Rs 3,581 Crore

SMEStreet Desk- June 6, 2020

The net profit for the quarter rose by 327 per cent from Rs 838 crore net profit reported during the corresponding quarter FY 2018-19. SBI ... Read More

SBI To Raise USD 1.5 Bn Through Public Offer or Private Bonds
Stock Market, InFocus

SBI To Raise USD 1.5 Bn Through Public Offer or Private Bonds

SMEStreet Desk- June 5, 2020

The Executive Committee of the Central Board is scheduled to meet on June 11 to consider long-term fund raising, the country's largest lender said in ... Read More