sbi
GDP to contract 16.5% in Q1 as COVID cases continue to surge: SBI report
The degrowth in corporate gross value added has been significantly better than revenue degrowth in Q1 FY21
India's largest bank SBI's net profit up 81% to ₹4,189 crore in Q1
Its gross non-performing assets (NPA) of the total advances declined to 5.44 per cent at June-end, over 7.53 per cent at June-end last year
Crisil affirms Yes Bank's Rs 18,000 crore bonds rating at BBB
The agency has also reaffirmed its 'CRISIL A2' rating on certificates of deposit of Yes Bank
SBI Q4 profit jumps over four-fold to Rs 3,581 crore
Income of SBI during March quarter of last financial year rose to Rs 76,027.51 crore from Rs 75,670.5 crore in the same period of 2018-19
About 20% SBI borrowers opt for loan repayment moratorium: Chairman Rajnish Kumar
Kumar also advised borrowers to pay their loans if they are not facing any funding challenge
RBI may extend moratorium on repayment of loans for three more months, says report
In March, RBI had allowed a three-month moratorium on payment of all term loans due between 1 March, 2020 and 31 May, 2020
SBI bank employees quarantined in Hyderabad
It is believed that a Covid-19-positive person had used the restroom in the bank, which was also used by some of the staffers
Banks hop on social media, find new ways to inform, engage customers during lockdown
They are opening contests and offering discounts on bill payments in addition to cautioning cutomers about phishing over social media.
SBI hikes home loan rates by up to 30 bps; other lenders may follow suit
SBI has been offering home loan and few other loans including personal loan against property and reverse mortgage since October last year
SBI cuts lending rate by 15 bps, senior citizens get a special deposit
An additional 30 basis points premium will be payable for senior citizen's retail term deposits with "5 Years & above" tenor only