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12h
Business Standard India
Sun Pharma, Dr Reddy, Aurobindo - top pharma picks of equity fund managersquarters more," says chief investment officer (CIO) of a large fund house. ICI
Business Standard India / Posted 12 hours ago
quarters more," says chief investment officer (CIO) of a large fund house. ICICI Prudential Mutual Fund, UTI Mutual Fund, SBI MF, Reliance Nippon MF and HDFC MF are among the top fund houses having largest allocation to Sun Pharma of their total... Read more
13h
Business Standard India
Five suitors put in bids for stake in JP Power(FY18). The lenders to JPVL had sought bids to sell a stake in the company to
Business Standard India / Posted 13 hours ago
(FY18). The lenders to JPVL had sought bids to sell a stake in the company to recover some of their dues. They have hired SBI Capital Markets and EY to carry out the sale. The total public shareholding of the company is 68.84 per cent, which... Read more
20h
Business Standard India
Moody's affirms rating on SBI's bond programmes, maintains stable outlookService has affirmed ratings on domestic as well as foreign currency bond progr
Business Standard India / Posted 20 hours ago
Service has affirmed ratings on domestic as well as foreign currency bond programmes of the country's largest lender SBI, expecting its financial profile to remain stable over mid-term. "Moody's Investors Service has affirmed State Bank of... Read more
20h
Business Standard India
Indian investment banks topple foreign peers in IPO showdownhave been active this year, said sources. The recently concluded GIC offering
Business Standard India / Posted 20 hours ago
have been active this year, said sources. The recently concluded GIC offering had Citi, Deutsche and HSBC as lead bankers. SBI Life Insurance had BNP Paribas, Citi and Deutsche, while ICICI Lombard General Insurance had hired BofA Merrill Lynch and... Read more
23h
asianage
HDFC Life gets Sebi's go-ahead for IPOCompany had received Sebi's nod to float an initial public offer (IPO). Present
asianage / Posted 23 hours ago
Company had received Sebi's nod to float an initial public offer (IPO). Presently, ICICI Prudential Life Insurance and SBI Life Insurance are the only listed insurer in India. Moreover, state-owned General Insurance Corporation of India's IPO... Read more
1d
AllAfrica.com
Nigeria to Adopt African Position in Bonn Climate Change NegotiationsAgreement provisions, including those under its work programme and the need to
AllAfrica.com / Posted yesterday
Agreement provisions, including those under its work programme and the need to accelerate the mandated work to the SBSTA, SBI and constituted bodies to ensure its coherent, balanced and fair completion. "Maintaining the political momentum for... Read more
1d
Business Standard India
Fundraising via IPOs at record high; crosses Rs 40,000 crore mark in CY17says Vinay Khattar, associate director and head of research at Edelweiss. On t
Business Standard India / Posted yesterday
says Vinay Khattar, associate director and head of research at Edelweiss. On the other hand, big ticket IPOs like SBI Life Insurance Company, ICICI Lombard General Insurance Company and ERIS Lifesciences has underperformed the market by... Read more
1d
Business Standard India
Diwali dhamaka: Stocks to buy in Samvat 2074and a healthy balance sheet. It is currently trading at 3.7x P/EV for FY17, whi
Business Standard India / Posted yesterday
and a healthy balance sheet. It is currently trading at 3.7x P/EV for FY17, which is lower than the recent listing of SBI Life insurance at 4.1x P/EV for FY17. Our target 1-yr fwd multiple of 3.8x FY19E P/EV yields 12M target price of Rs... Read more
1d
Business Standard India
Most-bought and most-sold stocks by MFs in SeptemberEquity fund managers remained cautious in their stock selection. Two new listin
Business Standard India / Posted yesterday
Equity fund managers remained cautious in their stock selection. Two new listings — ICICI Lombard General Insurance and SBI Life Insurance — were the most lapped-up counters as fund managers used their piling corpus of cash. Put together, they... Read more
2d
Business Standard India
600 fear job loss due to possible Nicco Corp liquidationfresh fund infusion from the lenders or any discount on the principal amount",
Business Standard India / Posted 2 days ago
fresh fund infusion from the lenders or any discount on the principal amount", he said. Nicco's borrowed funds from the SBI, the UCO bank, the Allahabad bank and the Central bank, and secured lenders amounted to around Rs 213 crore besides, the... Read more
3d
The Economic Times
Odisha government department signs MOU with SBIstate government to facilitate revenue collection from citizens through digital
The Economic Times / Posted 3 days ago
state government to facilitate revenue collection from citizens through digital banking platform, an official said. The SBI e-Pay is the payment aggregator service wing of the bank which will facilitate on line payment of government dues by the... Read more
3d
Business Standard India
Flipkart, Amazon Diwali sale today: Here are best offers, cashback dealson OnePlus 5. Apart from discounts, buyers can also get no-cost EMI facility a
Business Standard India / Posted 3 days ago
on OnePlus 5. Apart from discounts, buyers can also get no-cost EMI facility and 10 per cent additional discounts on SBI credit and debit cards. So, if you were planning to buy a new television, smartphone and electronics, this is the right... Read more
3d
asianage
NCLT route won’t help all NPA cases, says SBI MDloans from borrowers can refer such cases to the NCLT as part of insolvency pro
asianage / Posted 3 days ago
loans from borrowers can refer such cases to the NCLT as part of insolvency proceedings. A number of banks, including SBI, Punjab National Bank, Bank of Baroda and IDBI Bank, have initiated proceedings against defaulters by moving the NCLT to... Read more
2 related articles
3d
Channel NewsAsia
Japan's Kobe Steel scandal spreads, 500 firms affectedon the company will be and which industries it will affect," Hideyuki Suzuki, h
Channel NewsAsia / Posted 3 days ago
on the company will be and which industries it will affect," Hideyuki Suzuki, head of the investment information section at SBI Securities, told AFP. "Kobe Steel's share price will hit bottom once the financial impact on the company becomes clear,"... Read more
126 related articles
3d
New Kerala
OnePlus Gives you More Reasons to Love Diwali! - newkerala news #280311up to Rs. 5,000 on OnePlus 3T Soft Gold and Rs. 4,000 on OnePlus 3T Gunmetal Gr
New Kerala / Posted 3 days ago
up to Rs. 5,000 on OnePlus 3T Soft Gold and Rs. 4,000 on OnePlus 3T Gunmetal Grey Cashback of up to Rs. 1,750 on the SBI credit and Debit cards Upto Rs. 4,000 additional off on Exchange Easy finance options with Bajaj Finserv Presenting... Read more
3d
New Kerala
Oliveboard study records increasing registrations among women in banking from tier II cities - newkerala news #280247is already a sector dominated by women in various aspects. Chanda Kochchar - CE
New Kerala / Posted 3 days ago
is already a sector dominated by women in various aspects. Chanda Kochchar - CEO, ICICI, Arundhati Bhattacharya - CMD, SBI, Shikha Sharma - CEO, Axis Bank and Naina Lal Kidwai - GM and Country Head of HSBC are just a few examples of the long... Read more
4d
asianage
NCLT route cannot be used effectively in all NPA cases: SBI MDNew Delhi: SBI Managing Director P K Gupta on Friday said banks should use the
asianage / Posted 4 days ago
New Delhi: SBI Managing Director P K Gupta on Friday said banks should use the best available mechanism to recover bad loans and the NCLT route cannot be used effectively in all NPA cases. Indicating that one size fits all approach may not work in... Read more
2 related articles
4d
The Economic Times
NCLT route cannot be used effectively in all NPA cases: SBI MD P K GuptaNEW DELHI: SBI Managing Director P K Gupta today said banks should use the best
The Economic Times / Posted 4 days ago
NEW DELHI: SBI Managing Director P K Gupta today said banks should use the best available mechanism to recover bad loans and the NCLT route cannot be used effectively in all NPA cases. Indicating that one size fits all approach may not work in all... Read more
2 related articles
4d
New Kerala
Shriram Automall partners with SBI for its SME segment - newkerala news #280207(SAMIL), a platform for the exchange of pre-owned vehicles and equipment, joine
New Kerala / Posted 4 days ago
(SAMIL), a platform for the exchange of pre-owned vehicles and equipment, joined hands with the State Bank of India (SBI) to extend the benefits of its holistic solutions for the disposal of all types of pre-owned vehicles and... Read more
4d
The Economic Times
Tech apart, human touch still important in banking: Arundhati BhattacharyaMarket share should be the result of everything else that we do. We should not
The Economic Times / Posted 4 days ago
Market share should be the result of everything else that we do. We should not be topline-driven. For a long time, SBI was topline-driven but we have given that up in the last two years. The entire budgeting is based on Raroc (Risk-adjusted... Read more
4d
WCNC Charlotte
2 workers killed during attempted escape at NC prisonsaid the prison houses 725 male inmates in close, medium, and minimum custody.
WCNC Charlotte / Posted 4 days ago
said the prison houses 725 male inmates in close, medium, and minimum custody. Police have not identified those killed during the attempted escape. The SBI and Pasquotank County Sheriff’s Department are investigating the incident. © 2017 W... Read more
228 related articles
4d
WLTX-TV Columbia
Two Officers Killed During Attempted Escape at NC Prisonsaid the prison houses 725 male inmates in close, medium, and minimum custody.
WLTX-TV Columbia / Posted 4 days ago
said the prison houses 725 male inmates in close, medium, and minimum custody. Police have not identified those killed during the attempted escape. The SBI and Pasquotank County Sheriff’s Department are investigating the incident. © 2017 W... Read more
228 related articles
4d
The Economic Times
Shapoorji Pallonji, Liberty House, M&M in race to buy ABG ShipyardMails sent to M&M, Shapoorji Pallonji Group and ABG Shipyard remained unanswere
The Economic Times / Posted 4 days ago
Mails sent to M&M, Shapoorji Pallonji Group and ABG Shipyard remained unanswered till the time of going to press. PwC and SBI Capital Markets are running a formal process to identify a buyer for the company. Earlier in March, lenders led by ICICI... Read more
4d
CTV News
Transportation Safety Board investigating grounding of bulk carrier in N.B.has been freed. Pierre Murray, the agency's regional manager of marine operati
CTV News / Posted 4 days ago
has been freed. Pierre Murray, the agency's regional manager of marine operations, says two tugs pushed the 229-metre SBI Carioca off the shallow shoal in Belledune late Wednesday night after the tide came in. He says none of the 23 crew... Read more
5d
Business Standard India
Nifty PSU Bank index hits 9-month lowhas slipped 18.5% from its recent closing high of 3,723 on July 31, 2017. Amon
Business Standard India / Posted 5 days ago
has slipped 18.5% from its recent closing high of 3,723 on July 31, 2017. Among individual stocks, State Bank of India (SBI), Oriental Bank of Commerce, Vijaya Bank, Corporation Bank, Union Bank of India and Punjab National Bank (PNB) have lost... Read more
5d
The Economic Times
9 macro triggers that may matter to you todayof global risk norms Basel III as the banking sector is already under stress du
The Economic Times / Posted 5 days ago
of global risk norms Basel III as the banking sector is already under stress due to demonetisation and the GST roll out, a SBI report said yesterday. An extended timeline to meet the capital needs under the norms would provide the necessary... Read more
5d
WSOC-TV Charlotte
Former Stanly Co. deputy may not go to jail after guilty plea of taking photos of young girlDecember, and went to his co-workers who are investigators at the sheriff's off
WSOC-TV Charlotte / Posted 5 days ago
December, and went to his co-workers who are investigators at the sheriff's office. The sheriff immediately requested the SBI to investigate. The state’s computer crimes unit took over and when questioned by a state agent, Tomberlin admitted to... Read more
5d
The Economic Times
Nicco Corporation faces liquidation as lenders reject revival planof a resolution professional, the powers of the board of the company ceases. A
The Economic Times / Posted 5 days ago
of a resolution professional, the powers of the board of the company ceases. According to sources cited above, following SBI’s rejection to provide fresh working capital, Nicco had prepared a revised revival plan wherein it did not seek any... Read more
6d
The Economic Times
India may delay implementation of Basel III norms: SBI reportimpact of past three structural changes (demonetisation, GST implementation and
The Economic Times / Posted 6 days ago
impact of past three structural changes (demonetisation, GST implementation and RERA) before facing the new ones," said the SBI Ecowrap in the report - 'Timing Future Reforms in India'. "Even as we acknowledge the positive impact of such reforms,... Read more
6d
The Economic Times
Anupam Kher appointed FTII chairmanin smart luxury homes - starting@ 75L Philips India appoints Daniel Mazon as V
The Economic Times / Posted 6 days ago
in smart luxury homes - starting@ 75L Philips India appoints Daniel Mazon as Vice Chairman, MD PM Narendra Modi set to meet big guns of oil firms Rajnish Kumar frontrunner to be the next SBI chairman China goes gaga over Nirmala's namaste o... Read more
6d
WIS News 10 Columbia
FBI: Man admitted to leaving 'IED' outside airport, was 'ready to fight a war on US soil'a Lowe's, the FBI said. Estes remains in custody and waived a preliminary hear
WIS News 10 Columbia / Posted 6 days ago
a Lowe's, the FBI said. Estes remains in custody and waived a preliminary hearing. The Asheville Police Department, FBI, SBI and Asheville Regional Airport Police Department are working together on the investigation. Below is the full criminal... Read more
75 related articles
6d
New Kerala
PFRDA organised conference on NPS for Central Public Sector Enterprises in the national capital - newkerala news #279523the eminent panellist- Shri Anand Singh Bhal, (Adviser, Department of Public En
New Kerala / Posted 6 days ago
the eminent panellist- Shri Anand Singh Bhal, (Adviser, Department of Public Enterprises), Shri Kumar Shardindu, (MD & CEO, SBI Pension Funds Pvt. Ltd) and Shri Rambir Dalal, (Director, BSR & Co LLP). The discussion brought to fore the imminent need... Read more
6d
The Economic Times
7 years on, TPG plans to sell Vishal Mega Marta profit on a troubled Indian asset they acquired. TPG and Shriram Group had bo
The Economic Times / Posted 6 days ago
a profit on a troubled Indian asset they acquired. TPG and Shriram Group had bought the distressed Vishal Mega Mart from SBI-led lenders for Rs 70 crore in 2010. The proposed sale move also follows the blockbuster stock market debut of Avenue... Read more
6d
The Economic Times
Punj Lloyd drops 3% as SBI-led consortium initiates forensic auditvarious business activities undertaken by the borrower through analysis of fina
The Economic Times / Posted 6 days ago
various business activities undertaken by the borrower through analysis of financial statements and bank statements. An SBI spokesperson said in an emailed reply told ET: “It is a policy of the Bank not to comment upon individual accounts and... Read more
6d
The Economic Times
Prakash Industries climbs 3% as Rakesh Jhunjhunwala increases stakeJhunjhunwala increases stake Asian shares gain as Wall Street hits record, Cat
The Economic Times / Posted 6 days ago
Jhunjhunwala increases stake Asian shares gain as Wall Street hits record, Catalan fears ease Punj Lloyd drops 3% as SBI-led consortium initiates forensic audit Sensex reclaims 32,000, Nifty50 nears 10,050; Airtel, Axis Bank top gainers IEX... Read more
24 related articles
6d
The Economic Times
Over 80 stocks hit fresh 52-week highs80 stocks hit fresh 52-week highs Asian shares gain as Wall Street hits record
The Economic Times / Posted 6 days ago
80 stocks hit fresh 52-week highs Asian shares gain as Wall Street hits record, Catalan fears ease Punj Lloyd drops 3% as SBI-led consortium initiates forensic audit Sensex reclaims 32,000, Nifty50 nears 10,050; Airtel, Axis Bank top gainers IEX... Read more
24 related articles
6d
The Economic Times
Coal India, Idea Cellular among most traded stocksCellular among most traded stocks Asian shares gain as Wall Street hits record
The Economic Times / Posted 6 days ago
Cellular among most traded stocks Asian shares gain as Wall Street hits record, Catalan fears ease Punj Lloyd drops 3% as SBI-led consortium initiates forensic audit Sensex reclaims 32,000, Nifty50 nears 10,050; Airtel, Axis Bank top gainers IEX... Read more
24 related articles
6d
The Economic Times
Dena Bank gains on plan to raise Rs 400 crore via QIPto raise Rs 400 crore via QIP Asian shares gain as Wall Street hits record, Ca
The Economic Times / Posted 6 days ago
to raise Rs 400 crore via QIP Asian shares gain as Wall Street hits record, Catalan fears ease Punj Lloyd drops 3% as SBI-led consortium initiates forensic audit Sensex reclaims 32,000, Nifty50 nears 10,050; Airtel, Axis Bank top gainers IEX... Read more
24 related articles
6d
The Economic Times
Rabo Equity to raise $400 million for India playstimulus dilemma Significant relief for micro and small enterprises in GST str
The Economic Times / Posted 6 days ago
stimulus dilemma Significant relief for micro and small enterprises in GST structure: SMERA Ratings Cash flow will decide SBI loans to small companies now Stick to online payment norms, RBI tells etailers GST: Small mercies from time to time... Read more
6d
The Economic Times
SBI-led consortium orders forensic audit of Punj Lloyd accountsbanks under the guidelines of restructuring,” a Punj Lloyd spokesperson said in
The Economic Times / Posted 6 days ago
banks under the guidelines of restructuring,” a Punj Lloyd spokesperson said in an emailed response to ET’s queries. An SBI spokesperson said in an emailed reply, “It is a policy of the Bank not to comment upon individual accounts and its... Read more
6d
The Economic Times
Everyone is upset about India's banking mess except NBFCs. Here's the reason why2014, has moved up to 7.91 now; India Infoline is trading at 4.61 and PNB Housi
The Economic Times / Posted 6 days ago
2014, has moved up to 7.91 now; India Infoline is trading at 4.61 and PNB Housing Finance at 4.49. This is in contrast to SBI’s 1.12 price to book, and Punjab National Bank’s 0.75. The Kumar Mangalam Birla -led Aditya Birla Group decided to end... Read more
6d
WECT 6 Wilmington
FBI: Man admitted to leaving 'IED' outside airport, was 'ready to fight a war on US soil'a Lowe's, the FBI said. Estes remains in custody and waived a preliminary hear
WECT 6 Wilmington / Posted 6 days ago
a Lowe's, the FBI said. Estes remains in custody and waived a preliminary hearing. The Asheville Police Department, FBI, SBI and Asheville Regional Airport Police Department are working together on the investigation. Below is the full criminal... Read more
75 related articles
6d
The Economic Times
Year of record harvest for IPOs on Dalal Streetfunds and investors in IPOs are insulating the issues from foreign volatility,”
The Economic Times / Posted 6 days ago
funds and investors in IPOs are insulating the issues from foreign volatility,” said Ravi Sardana of ICICI Securities. SBI Life Insurance and ICICI Lombard General Insurance mobilised Rs 8,400 crore and Rs 5,700 crore, respectively, last month.... Read more
2 related articles
6d
Business Standard India
SBI creates new post: MD for bad loanstop and mid-level management to better run the nation's largest lender. Kumar,
Business Standard India / Posted 6 days ago
top and mid-level management to better run the nation's largest lender. Kumar, who assumed office as the 25th chairman of SBI last Saturday for a three-year tenor, has reshuffled various business verticals headed by wholetime directors. "It has... Read more
6d
The Economic Times
Focus on NPA mgmt, new SBI chief Rajnish Kumar creates an MD positiontop and mid-level management to better run the nation's largest lender. Kumar,
The Economic Times / Posted 6 days ago
top and mid-level management to better run the nation's largest lender. Kumar, who assumed office as the 25th chairman of SBI last Saturday for a three-year tenor, has reshuffled various business verticals headed by wholetime directors. "It has... Read more
6d
WSOC-TV Charlotte
Burke County Stabbing Death: Burke County man stabbed to death in his home; SBI investigatingReed, 41, bleeding on his floor. First responders treated Reed, but he was pro
WSOC-TV Charlotte / Posted 6 days ago
Reed, 41, bleeding on his floor. First responders treated Reed, but he was pronounced dead at the scene. Deputies and the SBI are still investigating, and detectives are working with the District Attorney’s Office to determine if charges will be... Read more
6d
Business Standard India
SBI partners Moody's Analytics to provide credit certification to employeesThe State Bank of India (SBI) on Tuesday announced its collaboration with finan
Business Standard India / Posted 6 days ago
The State Bank of India (SBI) on Tuesday announced its collaboration with financial services company Moody's Analytics to provide bank-wide credit certification to SBI employees. This initiative by SBI and Moody's will enhance market-leading credit... Read more
2 related articles
6d
Business Standard India
Q2 Banking preview: Mid-sized private banks to outshine peersKotak Mahindra Bank to report profit after tax (PAT) growth of 25% on y-o-y bas
Business Standard India / Posted 6 days ago
Kotak Mahindra Bank to report profit after tax (PAT) growth of 25% on y-o-y basis. For comparison, State Bank of India’s (SBI’s) base quarter earnings are adjusted for associate bank performance. Hence, there is a strong variation in SBI’s... Read more
6d
New Kerala
SBI collaborates with Moody's Analytics to provide credit certification - newkerala news #279258Mumbai [Maharashtra], Oct. 10 : The State Bank of India (SBI) on Tuesday announ
New Kerala / Posted 6 days ago
Mumbai [Maharashtra], Oct. 10 : The State Bank of India (SBI) on Tuesday announced its collaboration with financial services company Moody's Analytics to provide bank-wide credit certification to SBI employees. This initiative by SBI and Moody's... Read more
2 related articles
6d
Business Wire
SBI Launches Credit Certification in Collaboration with Moody’s AnalyticsMUMBAI, India--(BUSINESS WIRE)--The State Bank of India (SBI) and Moody’s Analy
Business Wire / Posted 6 days ago
MUMBAI, India--(BUSINESS WIRE)--The State Bank of India (SBI) and Moody’s Analytics announced their collaboration to provide bank-wide credit certification to SBI’s employees enabling them to source, appraise and monitor loans faster. The initiative... Read more
2 related articles
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