State Bank of India aims to raise 50 bln rupees via perpetual bonds, sources say
The State Bank of India is looking to raise around 50 billion rupees ($573.38 million) via Basel III-compliant additional Tier-I perpetual bonds before the end of February, three sources aware of the matter said on Wednesday.
India cuts policy rate for the first time in nearly five years, new central bank governor says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
State Bank of India on Thursday said it expects to maintain its net interest margin (NIM) at around 3%, after reporting a ...
State Bank of India closed 19.19% short of its 52-week high of 912.10 rupees, which the company achieved on June 3rd.
Kolkata: Developers in Kolkata are eyeing a major boost in affordable home sales following the repo rate cut by the Reserve ...
Bank of Baroda, Axis Bank, Punjab National Bank, Canara Bank and ICICI Bank from the Nifty Bank index were trading lower ...
RBI’s first rate cut in nearly five years failed to enthuse the markets, leading to declines in the benchmark Nifty 50 and ...
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a ...
Most banking stocks fell post RBI's 25 bps repo rate cut, with SBI dropping nearly 2 per cent. However, AU Small Finance Bank ...
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