state bank of india

NEW DELHI: With India surpassing the United Kingdom (UK) to become the world's fifth largest economy, a report by the State Bank of India(SBI) suggests that the country will outstrip two other major economies to become the third-largest…

NEW DELHI: The Supreme Court is likely to pronounce on Monday the quantum of sentence against fugitive businessman Vijay Mallya, an accused in the bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines,…

NEW DELHI: As part of the financial inclusion drive, public sector banks will open about 300 brick-and-mortar branches in the unbanked areas of various states by December 2022. These new branches will cover all remaining unbanked…

The combined market valuation of three of the 10 most valued domestic firms fell by Rs 1,22,852.25 crore last week, with emerging as the biggest laggard. IT majors () and were the other two bluechips which faced erosion from their…

NEW DELHI: The timing couldn’t have been more symbolic. Seventy-five years after it attained freedom at midnight, India now has an economy larger than that of its erstwhile colonial master. India has overtaken the UK to emerge as the…

has failed to attract any firm bids at the auction of its Rs 2,077-crore debt exposure to thermal power company KSK Mahanadi Power, despite lowering its reserve price, said two people aware of the development. On August 17, Union Bank…

NEW DELHI: India is likely to get the tag of 3rd largest economy by 2029, the State Bank of India(SBI) said in a research report released on Saturday. India’s GDP growth in Q1 FY23 was 13.5% and at this rate, India is likely to be the…

The Indian economy has undergone a large structural shift in the last eight years and is currently the 5th largest economy in the world after overtaking the United Kingdom. Going ahead, India is expected to pip Germany in 2027 and Japan…

NEW DELHI: The Nifty Bank index closed on a positive note on Friday. Shares of HDFC Bank(up 0.91 per cent), Kotak Mahindra Bank(up 0.84 per cent), Axis Bank(up 0.81 per cent), Federal Bank(up 0.67 per cent) and State Bank of India(up…

As we enter September, equity markets have been trading at expensive valuations on various parameters. Analysts noted that the recent cool-off in key commodity prices coupled with the central bank's actions on front-loading of interest…