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State Bank of India (SBI) Removes Religare Finvest Limited’s (RFL)...
In a significant development, the State Bank of India (SBI), one of the lenders of Religare Finvest Limited (RFL), has removed RFL’s record, reported...
Sidbi lines up Rs 10k-cr rights issue to fund SMEs
The bank will expand equity capital as it expects to grow its assets to Rs5 lakh crore this fiscal from Rs4 lakh cr in FY23
SBI to send chocolates to borrowers who are likely to default on...
According to the bank, it has been found that a borrower who is planning to default will not answer a reminder call from the bank
GDP numbers likely to be higher than RBI’s projection
Going beyond RBI’s projection of GDP growth at 7.8 per cent for Q1 and 6.5 per cent for the full current fiscal, the numbers are likely to be bigger...
Profit of PSU banks more than doubles to Rs 34,774 crore in Q1
The high-interest regime helped banks to earn a good net interest margin during the quarter and recorded over 3%
Mcap of seven of top-10 most valued firms erode by Rs 1 lakh crore
With the State Bank of India taking the biggest hit, in tandem with a weak trend in equities
Biggest private sector lender expects 17-18% credit growth
Effective July 1, the parent mortgage firm HDFC Ltd merged with its subsidiary HDFC Bank making it the second biggest lender after SBI
India's top 10 companies' profit in FY23
According to Ace Equity Data, the top 10 Indian companies made Rs 3,56,652 crore in 2023.