Tag: State Bank of India

Mcap of six of top 10 firms jumps ₹70,527.11 crore; Reliance Industries biggest gainer

October 15, 2023 admin

Reliance Industries remained the country’s most valued firm. File | Photo Credit: REUTERS The combined market valuation of six of the top 10 valued firms jumped ₹70,527.11 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer. While Hindustan Unilever Ltd, Bharti Airtel, ITC, ICICI Bank and HDFC Bank were the gainers,…

Business

SBI To Send Chocolates To Borrowers Likely To Default On Monthly Repayments

September 17, 2023 admin

Mumbai: The nation’s largest lender State Bank of India is adopting a novel way to ensure timely repayments, especially by its retail borrowers, by greeting those likely to default on monthly installments with a pack of chocolates. According to the bank, it has been found that a borrower who is planning to default will not…

Nation

SBI Q1 profit jumps over two-fold to ₹16,884 crore

August 4, 2023 admin

File. | Photo Credit: Reuters The country’s biggest bank SBI on August 4 posted over two-fold jump in standalone net profit at ₹16,884 crore for the first quarter of the current financial year, helped by decline in bad loans and improvement in interest income. State Bank of India (SBI) had reported a net profit of…

Business