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<strong>SBI</strong> to dilute stake in its general insurance venture to 49 percent

SBI to dilute stake in its general insurance venture to 49 percent

26 Mar 2015

New Delhi: State Bank of India (SBI) on Thursday said it will dilute its stake in its general insurance venture SBI General to 49 percent in favour of its foreign partner, with the enactment of insurance legislation.

SBI dilutes its stake,   SBI General,   SBI general insurance venture,   insurance legislation,   SBI ,  
Sensex, Nifty drop for 6th day; PSU stocks witness losses

Sensex, Nifty drop for 6th day; PSU stocks witness losses

25 Mar 2015

Mumbai: Indian markets on Wednesday fell for the sixth day on the trot with benchmark Sensex falling by about 50 points to end at over nine-week low of 28,111.83 on losses in PSU bluechips including NTPC, GAIL, Coal India and SBI.

sensex,   Nifty drop,   stock market,   GAIL,   Coal India,   SBI ,  
ICICI Bank plans special vertical for <strong>NPA</strong> recovery

ICICI Bank plans special vertical for NPA recovery

10 Mar 2015

Mumbai: With bad loans continuing to be a problem, ICICI Bank is reportedly planning to re-start a special vertical to handle such assets.

ICICI Bank,   NPA recovery,   ICICI loans,   Chanda Kochchar,  
Sun Pharma pips <strong>SBI</strong> in market capitalisation; becomes 8th most valued

Sun Pharma pips SBI in market capitalisation; becomes 8th most valued

17 Mar 2015

Mumbai: Drugmaker Sun Pharma on Tuesday surpassed top lender SBI in terms of market capitalisation, becoming the eight most valued listed company in the country.

Sun Pharma,   SBI,   market capitalisation,  
<strong>SBI</strong> aims to cut bad debt with huge online property auction

SBI aims to cut bad debt with huge online property auction

12 Mar 2015

MUMBAI: India's largest bank, SBI will hold a record online auction this weekend to sell repossessed flats, warehouses and offices worth a total of nearly $200 million as the state lender seeks to chip away at its $10 billion mountain of bad debt.

SBI,   SBI online auction,   SBI flats,   SBI warehouses,   SBI offices,   SBI bad debt ,  
<strong>SBI</strong> composite index for March shows significant uptrend

SBI composite index for March shows significant uptrend

17 Mar 2015

New Delhi: The SBI Composite Index, an indicator for tracking India's manufacturing activity, has shown a significant growth in output both in terms of month-on-month and yearly basis in March.

SBI Composite Index,   India manufacturing activity,   Indian economy,   India economic growth,   manufacturing activity growth,  
Advance tax: <strong>SBI</strong> pays 23 percent more at Rs 1794 crore, LIC outgo up 15 percent

Advance tax: SBI pays 23 percent more at Rs 1794 crore, LIC outgo up 15 percent

16 Mar 2015

Mumbai: A clutch of financial institutions, including SBI, LIC and HDFC, have showed double digit growth in terms of advance tax payments for March quarter, say industry sources.

financial institutions,   SBI,   LIC,   HDFC,   Growth,   Advance tax,   tax payments,  
<strong>SBI</strong> sells 4 percent stake in Cibil to IIFL for around Rs 72 crore

SBI sells 4 percent stake in Cibil to IIFL for around Rs 72 crore

11 Mar 2015

Mumbai: State Bank of India has sold 4 percent stake in the largest credit information company Credit Information Bureau India Ltd (Cibil) for an estimated Rs 72 crore.

State Bank of India,   Cibil,   credit information company,   largest credit bureau,   Credit Information Bureau India Ltd,   IIFL,  
 <strong>SBI</strong> hints at launching Rs 15,000-crore QIP issue "anytime"

SBI hints at launching Rs 15,000-crore QIP issue "anytime"

05 Mar 2015

Mumbai: State Bank of India (SBI) hinted that its biggest share sale issue, which may fetch a whopping Rs 10,000-15,000 crore, may hit the markets "anytime".

SBI,   State Bank of India,   share sale,   HDFC Bank,   QIP,   ,  
<strong>SBI</strong> gets shareholders nod for raising Rs 15,000 crore from market

SBI gets shareholders nod for raising Rs 15,000 crore from market

26 Feb 2015

New Delhi: State Bank of India (SBI) on Thursday received shareholders' approval for raising Rs 15,000 crore through a public offer, including a rights issue, to fund business and meet global capital adequacy norms.

SBI,   State Bank of India,   rights issue,   fund raising,   global capital adequacy norms,  

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