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<strong>SBI</strong> Q4 profit up 23 percent at Rs 3,742 crore on improved asset quality

SBI Q4 profit up 23 percent at Rs 3,742 crore on improved asset quality

22 May 2015

Kolkata: The country's largest state-owned lender SBI on Friday reported 23 percent jump in standalone net profit at Rs 3,742.02 crore in the fourth quarter ended March 2015 as compared to Rs 3,040.74 crore during the same quarter a year ago.

State Bank of India,   SBI,   Country Largest Bank,   State owned lender,   Asset Quality,   BSE,   Net Profit,   Latest Business News,  
 <strong>SBI</strong>, PayPal ink pact for enabling cross-border transactions

SBI, PayPal ink pact for enabling cross-border transactions

21 May 2015

Kolkata: Country's largest lender State Bank of India on Thursday signed an MoU with digital payments company PayPal for facilitating cross-border transactions.

SBI,   PayPal,   digital payments,   B Sriram,   ecommerce,   State Bank of India,   latest business news ,  
Sensex regains 28,000-level on better corporate earnings, Asian cues

Sensex regains 28,000-level on better corporate earnings, Asian cues

22 May 2015

Mumbai: The benchmark BSE Sensex on Friday closed 148 points up at 27,957.50 after briefly staying above the psychological 28K-level on better-than-estimated corporate earnings and firm Asian cues.

Sensex,   BSE Sensex,   Corporate Earnings,   Reserve Bank of India,   European Markets,   Asian Markets,   RIL,   GAIL,   Coal India,   Latest Business News ,  
<strong>SBI</strong> ties up with Snapdeal, PayPal to assist small, medium <strong>business</strong>

SBI ties up with Snapdeal, PayPal to assist small, medium business

21 May 2015

Kolkata: Country's largest bank SBI on Thursday signed pacts with e-commerce player Snapdeal and digital payments firm PayPal for providing cheaper loans and cross- border transaction facility to small and mid-sized businesses.

SBI,   Snapdeal,   Kunal Bahl,   Paypal,   E Commerce,   Amazon,   SBI Snapdeal Pact,   SBI Paypal Pact,   Latest Business News ,  
<strong>SBI</strong> inks pact with Amazon for payment, commerce solutions

SBI inks pact with Amazon for payment, commerce solutions

20 May 2015

Mumbai: State Bank of India on Wednesday signed a Memorandum of Understanding (MoU) with e-commerce player Amazon to develop payment and commerce solutions for customers and small businesses.

SBI,   Amazon,   E commerce,   FDI,   Latest Business News ,  
UN concerned for civilians in Islamic <strong>State</strong>-controlled Palmyra

UN concerned for civilians in Islamic State-controlled Palmyra

23 May 2015

United Nations: The UN Security Council has expressed deep concern for thousands of civilians trapped in the Syrian city of Palmyra after it was captured by Islamic State fighters.

United Nations,   UN Security Council,   Syria,   Palmyra,   Islamic State,   IS fighters,  
ArcelorMittal, SAIL ink pact to set up steel plant in <strong>India</strong>

ArcelorMittal, SAIL ink pact to set up steel plant in India

22 May 2015

London: World's largest steel maker ArcelorMittal and SAIL on Friday inked a pact to jointly set up a steel plant in India for the fast growing automotive sector.The MoU was signed here by Lakshmi Mittal, Chairman and CEO of ArcelorMittal, and the state-owned Indian company's Chairman CS Verma.

ArcelorMittal,   SAIL,   Steel Plant,   Lakshmi Mittal,   Narendra Modi,   Latest Business News ,  
<strong>State</strong> law department examining HC judgement on Jayalalithaa: Karnataka CM

State law department examining HC judgement on Jayalalithaa: Karnataka CM

23 May 2015

New Delhi: Even as AIADMK supremo Jayalalithaa returned to power on Saturday, Karnataka Chief Minister Siddaramaiah said the state law department is examining the judgement of the High Court which acquitted her of all charges and a decision on filing an appeal in the case will be taken after receiving the report.

State law department,   High Court judgement,   AIADMK supremo Jayalalithaa,   Karnataka Chief Minister Siddaramaiah,   Karnataka High Court,   Latest states news,  
IBM to set up data centre in <strong>India</strong>

IBM to set up data centre in India

22 May 2015

Panaji: Technology giant IBM is planning to set up its second data centre in India to cater to the demand from various sectors including financial services and government. The US-based firm already has a data centre in Mumbai.

Data centre India,   IBM,   IBM acquisitions,   ibm data centre,   IBM data centre India,   Microsoft,   Latest Business News ,  
Led by <strong>SBI</strong> group, PSBs dominate credits, deposits space

Led by SBI group, PSBs dominate credits, deposits space

10 May 2015

Mumbai: State-owned lenders remain dominant players in India's banking system with SBI group alone accounting for about a quarter of the market share both in the credits as well as the deposits arena.

SBI,   State owned lenders,   PSBs,   Reserve Bank of India,   Market,   Shares,  India Banking System,   Foreign Banks,   Latest Business News ,  

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