Tag Archives: state bank of india

Confident that Chaudhuri will be released unconditionally: SBI chairman Dinesh Khara

State Bank of India (SBI) chairman Dinesh Khara has spoken out in support of his predecessor Pratip Chaudhuri, in his first comments since Chaudhuri’s arrest on Monday. Replying to a question by ET, Khara described the arrest as “unfortunate” and … Continue reading

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SBI former chairman arrest matter in court, Govt can’t intervene

The government is seized of the arrest of former State Bank of India chairman Pratip Chaudhuri in a non-performing loan settlement case, but feels any official intervention is not possible at this stage as the matter is before court, people … Continue reading

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SBI issues clarification on Pratip Chaudhuri case, points to ‘factual inaccuracies in complainant’s versio

In response to multiple reports of former Chairman Pratip Chaudhuri being arrested in a loan scam case, the company on Monday issued a clarification, saying the assets were sold with due process in March 2014, after Chaudhuri retired from the … Continue reading

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Samvat 2078: Pankaj Murarka’s money is on SBI, Tata Motors and ABFL

As EVs grow in India, Tata Motors will be a dominant player in that segment and that will be an option value which will play out over the next five years, says Pankaj Murarka, Founder, Renaissance Investment Managers, What is … Continue reading

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Premium whiskey maker Beam Suntory makes a donation towards India’s Covid-19 relief efforts

Liquor firm Beam Suntory, the maker of premium whiskey brands Jim Beam, Yamazaki and Hibiki, has pledged a donation of $600,000 (about Rs 4.4 crore) to support India’s Covid-19 relief measures. The fund will be used to increase access to … Continue reading

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We have to lead sustainability indicators: SBI Chairman Dinesh Khara

ESG (Environmental Social Governance) would assume a key role in ramping up growth, said Dinesh Khara, chairman at State Bank of India . “India is taking its rightful place on the world stage and as a global leader, we have … Continue reading

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Tata Motors signs MOU with SBI for financing light commercial vehicles

Tata Motors on Friday said it has signed a three-year MoU (Memorandum of Understanding) with the State Bank of India , to offer financial assistance for the purchase of the company’s range of small and light commercial vehicles. The collaboration … Continue reading

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SBI set to raise up to Rs 6,000 cr via local AT1 next week

MUMBAI: State Bank of India (SBI) is rushing to raise funds before the interest rate cycle turns following the Reserve Bank of India’s expected liquidity normalisation measures. India’s largest lender is set to sell Additional Tier 1 bonds worth up … Continue reading

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Buy State Bank of India, target price Rs 540: HDFC Securities

HDFC Securities has buy call on State Bank of India with a target price of Rs 540. The current market price of State Bank of India is Rs 497.5. Time period given by analyst is one year when State Bank … Continue reading

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ICAI confronts SBI on single auditor

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