Tag: SBI

Economic Slowdown Caused Job Losses: SBI
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Economic Slowdown Caused Job Losses: SBI

SMEStreet Desk- January 14, 2020

According to the SBI research report- Ecowrap, there is a decline in remittances in a few states like Assam and Rajasthan, reflecting downsizing of contractual ... Read More

Ashok Piramal Group’s Peninsula Land Misses Debt Repayment of Rs 2.35 Crore to SBI
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Ashok Piramal Group’s Peninsula Land Misses Debt Repayment of Rs 2.35 Crore to SBI

SMEStreet Desk- January 4, 2020

“The debt and interest against this facility are serviced by an arrangement whereby the monthly rent received from the government goes towards the discharge of ... Read More

SBI Invites Bids to Sell Its 1% Stake in NSE
InFocus, Finance

SBI Invites Bids to Sell Its 1% Stake in NSE

SMEStreet Desk- January 4, 2020

"SBI is one of the shareholders of National Stock Exchange of India Ltd (NSEIL) and intends to divest up to 1.0101% (50,00,000 equity shares) of ... Read More

Rajnish Kumar of SBI Urged Industry to Enhance Borrowing Capacity to Boost Investment in Economy
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Rajnish Kumar of SBI Urged Industry to Enhance Borrowing Capacity to Boost Investment in Economy

SMEStreet Desk- December 23, 2019

SBI Chairman Rajnish Kumar appealed industry leaders to enrich their borrowing capacity so as to boost investment in the economy, asserting there is no dearth ... Read More

SBI Announced Rate Cuts by 10 Basis Points
Finance, InFocus

SBI Announced Rate Cuts by 10 Basis Points

SME STREET- December 10, 2019

The Reserve Bank of India (RBI) earlier this month kept the repo rate at 5.15 per cent, barely 40bps higher from the lowest ever. On ... Read More

SBI Reduces Deposit Rates; Lending Rates Reduced
InFocus, Finance

SBI Reduces Deposit Rates; Lending Rates Reduced

SME STREET- November 9, 2019

This is the seventh consecutive cut in lending rates by the bank this fiscal. With this reduction, the one-year MCLR, to which most of its ... Read More

Retail Loans Must be Prioritized By Housing Finance Cos.: SBI’s Rajnish Kumar
InFocus, Finance

Retail Loans Must be Prioritized By Housing Finance Cos.: SBI’s Rajnish Kumar

SME STREET- November 7, 2019

On the sidelines of the India Mortgage leadership conclave, Kumar on the real estate industry, said real estate taxation is not favorable for companies. In ... Read More