[ad_1] Nazara Technologies, a gaming and sports media firm, said on Thursday its board has approved raising funds worth Rs 410 crore by issuing more than 5.7 million […]
FSIB recommends Vinay Tonse for MD position in State Bank of India
[ad_1] The Financial Services Institutions Bureau (FSIB) has recommended Vinay Tonse’s name for the position of managing director (MD) in State Bank of India (SBI). At present, […]
Six new members’ combined share of Brics GDP to be just 11%: Report
[ad_1] GDP share of the six new members, being added to the five-member BRICS grouping of emerging economies from January, will be just 11 per cent, with […]
Mcap of seven of top 10 firms falls Rs 62,279 cr; Reliance biggest laggard
[ad_1] The combined market valuation of seven of the top 10 valued firms eroded by Rs 62,279.74 crore last week, with Reliance Industries taking the biggest hit. […]
Mcap of 7 of top 10 firms falls by Rs 74,603 cr, HDFC Bank biggest laggard
[ad_1] The combined market valuation of seven of the top 10 valued firms declined by Rs 74,603.06 crore last week, with HDFC Bank emerging as the biggest […]
SBI beats Reliance Industries to become India’s most profitable company
[ad_1] The changes in the domestic and global economy following the outbreak of the Covid-19 pandemic are altering the corporate profit league table in India. Reliance Industries […]
M-cap of 7 of top-10 valued firms erode by Rs 1 trn, SBI biggest laggard
[ad_1] The combined market valuation of seven of the top-10 most valued firms eroded by Rs 1,09,947.86 crore last week, with State Bank of India taking the […]
Net profit up 178% to Rs 16,884 cr, NII rises 25%
[ad_1] Gross non-performing asset ratio of 2.76 per cent was down by 115 bps YoY. Net NPA ratio, at 0.71 per cent, was down 29 bps YoY. […]
Profit more-than-doubles to Rs 16,884 cr, NII up 25% YoY
[ad_1] State Bank of India (SBI)’s standalone net profit more-than-doubled to Rs 16,884.29 crore in the June quarter (Q1) of financial year 2023-24 (FY24), driven primarily by […]
SBI seeks to raise Rs 10,000 cr in tier-I bonds, wary about spike in yields
[ad_1] The country’s largest lender, State Bank of India (SBI), is looking to raise up to Rs 10,000 crore capital via additional tier I bonds (AT1) in […]