SBI
SBI slaps Rs25 levy on e-wallet ATM withdrawal, hikes service charges
12 May 2017
A narrowing of interest rate spread is forcing the country’s top lender to look at other sources to boost revenue
SBI slashes affordable home loan rate to 8.35% for women
08 May 2017
For male borrowers, the limited period offer for affordable housing loans, which is valid till 31 July, there will be a 20 bps reduction to 8.40 per cent
SBI to hike stake in SBI card to 74% as GE Capital seeks exit
29 Mar 2017
The SBI board has approved hike of the bank's stake in its two credit card joint ventures with General Electric Company to 74 per cent
SBI to stay trim post-merger to cut costs
27 Mar 2017
SBI plans to shut down 47 per cent of associate banks' offices post-merger and reduce its workforce by 10 per cent over the next two years
Bharatiya Mahila Bank tobe merged with SBI
21 Mar 2017
SBI, associate banks merger to start on 1 April
24 Feb 2017
The merger of all the five associate banks will raise SBI’s combined asset base to over Rs3,200,000 crore and place it among world’s top 50 banks
Cabinet gives go-ahead for SBI’s acquisition of subsidiary banks
15 Feb 2017
However, the merger, which will create a banking behemoth, does not include Bharatiya Mahila Bank as earlier proposed
SBI raises $500bn in 5-year bonds at 3.25%
18 Jan 2017
Home, auto loans to be cheaper as SBI cuts MCLR by 90 bps to 8%
02 Jan 2017
Other lenders such as Punjab national Bank and Union Bank of India also reduced their marginal cost of funds-based lending rates effective today, while IDBI Bank and SBI associate State bank of Travancore had already reduced their lending rates
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The Rise and Rise of HDFC Bank
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HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
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Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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