SBI/ICICI bank approved project.5 people from SBI booked here.Loans from SBI within'...
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State Bank of India (SBI), India’s largest lender, has made it easier for home loans of other banks to swiftly flow into its books.Last week, the bank issued a circular to its branches giving them leeway in processing switchover loans, or loans that customers have already availed from other banks and wish to switch to SBI.Banks are generally not proactive in handing over title deeds when a customer...
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decided to change the name of all schemes which are starting from Magnum, with effect from 25th April 2012. Now, the name of the schemes will start from the word SBI Magnum instead of Magnum only. Accordingly, the revised scheme names will be : SBI Magnum Balanced Fund, SBI Magnum Childrens Benefit Plan, SBI Magnum COMMA Fund, SBI Magnum Equity Fund, SBI Magnum Gilt Fund, SBI Magnum Global Fund, SBI...
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first equity fund from SBI, SBI Magnum Equity has outperformed its benchmark steadily...
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SBI Mutual Fund has announced a dividend in SBI Emerging Businesses Fund,...
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Though SBI has managed to eke out more from borrowers as compared to what it pays depositors—SBI’s net interest margin, at 3.62%, is one of the highest in the business—the bank’s earnings have done worse than what most expected. Indeed, the latest numbers suggest the next quarter may also be poor unless there are some positive surprises. SBI’s operating profits rose 18%, from R6,134 crore in Q1 FY11...
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State Bank of India's (SBI) private equity funds with Australia's Macquarie Group will jointly invest $150 million inas much as 9.56 per cent in morning trade on the Bombay Stock Exchange and touched an early high of Rs 279.40. It was later trading at Rs 272, higher by 6.67 per cent at 11.53 am on BSE."Macquarie SBI Infrastructure Fund and SBI Macquarie Infrastructure Trust - which are PE funds managed...
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said that the government will provide the bank with the capital by December or latest by March 2012.The announcement came in wake of the downgrading of SBI's credit rating by the global ratings firm Moody's. The change in the rating on Tuesday sent SBI's shares down along with the Sensex.for Micro and Small Enterprises to improve capital adequacy ratio. SBI chairman Pratip Chaudhuri at a press conference...
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chairman Pratip Chaudhuri on Wednesday said that the government will provide the bank with the capital by December or latest by March 2012.The announcement came in wake of the downgrading of SBI's credit rating by the global ratings firm Moody's. The change in the rating on Tuesday sent SBI's shares down along with the Sensex.The SBI on Wednesday said that it will buy credit insurance from Export Credit...
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SBI Mutual Fund announces change in face value for its schemes (On Jan 13 , 2012)SBI Mutual Fund has decided to change the face value of SBI Magnum Insta Cash Fund, SBI Magnum Insta Cash Fund-Liquid Floater Plan, SBI Premier Liquid Fund & SBI Short Horizon Debt Fund-Ultra Short Term Fund. Accordingly, the face value has been raised from Rs.10 to Rs.1000 for all the plan / options under above mentioned...
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