SBI's total exposure to Adani Group at Rs 27,000 crore; none against shares: Chairman Dinesh Khara

Speaking to reporters after the announcement of results, SBI Chairman Dinesh Khara clarified that the non-fund exposure is limited to letters of credit and performance bank guarantees, and is not related to any equity raising or acquisition activities of the Gautam Adani-led group

Hindenburg report on Adani Group: Congress demands serious investigations by RBI and SEBI

Congress party on Friday demanded “serious investigations” by the Reserve Bank of India (RBI) and market regulator Securities and Exchange Board of India (SEBI) into the series of extraordinary allegations levelled by US short seller Hindenburg Research against the Adani Group. Serious investigations are necessary for wider public interest given the high exposure of financial … Read more

Sensex, Nifty to resume trading on Friday amid local, global triggers – here are 10 things to watch out for

Domestic equity markets will resume trading on Friday taking cues from Wall Street closing on Thursday; Q3 results, rupee movement against dollar and development around Budget 2023 may also play a decisive role in the way frontline indices trade

SBI Clerk Prelims Result 2022 declared – Check steps to download sbi.co.in

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No challenge to sustaining loan growth if risk is priced well: SBI Chairman

There is no challenge to the banking system on sustaining loan growth in the country, as long as the risks are understood and priced well, said SBI Chairman, Dinesh Kumar Khara. Lenders have learnt from the last cycle of infrastructure growth in projects like power plants, Khara said, adding that this time around, the quality … Read more

Mcap: Eight of top-10 firms add ₹42,173 cr; ICICI Bank, Infosys biggest gainers

Eight of the 10 most valued firms together added ₹42,173.42 crore in market valuation last week, with ICICI Bank, Infosys and TCS emerging as the biggest gainers. Barring Reliance Industries and Hindustan Unilever Limited, rest eight firms, including HDFC Bank, ICICI Bank, State Bank of India and HDFC, made gains in their valuation. Last week, … Read more

Bank of Maharashtra tops list of public sector lenders in credit growth during July-September period – check details!

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Be a Business Partner with SBI, earn up to Rs 70,000 per month – Terms, investment, earning, documents required, – DETAILS HERE

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PNB’s Goel re-elected as IBA Chairman

The Managing Committee of the Indian Banks’ Assocation (IBA) re-elected A K Goel, Managing Director & CEO, Punjab National Bank, as the Chairman of the Associaion for the term 2022-23. The Committee also elected three Deputy Chairmen: Dinesh Kumar Khara, Chairman, State Bank of India (re-elected); A S Rajeev, MD & CEO, Bank of Maharashtra; and Madhav Nair, Country Head & CEO, … Read more