Category: State Bank of India

Budget 2024 impact: Despite the Indian stock market witnessing selloff pressure after Finance Minister Nirmala Sitharaman concluded her Budget 2024 speech, experts are highly bullish on the PSU bank shares. They said that an increase in the infrastructure sector by 11.1 percent and a rise in Capex to ₹11.1 lakh crore in FY25 is going to boost the corporate lending business of PSU banks.

Stock market experts went on to add that the Union Finance Minister has expected the fiscal deficit to remain at…
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Source: https://www.livemint.com/market/stock-market-news/budget-2024-pnb-bob-to-sbi-experts-recommend-these-five-psu-bank-stocks-to-buy-today/amp-11706772937177.html

The 16th FC will make recommendations on the distribution between the centre and the states from the divisible pool of taxes, and allocations between the states. The divisible pool consists of all central government tax proceeds except cesses and surcharges, which the centre does not share with states. The Commission will also recommend the principles and criteria which will govern various grants to states out of the Consolidated Fund of India, and the measures needed to augment states’ funds to supplement the resources of the panchayats and urban local bodies.The 16th FC has also been tasked with reviewing the present arrangements on financing disaster management initiatives, with…
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Source: https://www.deccanherald.com/india/government-appoints-former-top-bureaucrat-jha-sbis-ghosh-to-finance-commission-2872990

07:02:18 PM IST, 31 January 2024Announcements Updates: Announcement under Regulation 30 (LODR)-Analyst / Investor Meet – Intimation06:00:09 PM IST, 31 January 2024State Bank of India Share Price Today Updates: State Bank of India Stock Price History05:17:14 PM IST, 31 January 2024Announcements Updates: Change In Senior Management04:05:14 PM IST, 31 January 2024State Bank of India Share Price Today Updates: State Bank of India Bonus Updates03:31:52 PM IST, 31 January 2024State Bank of India Share Price Today Updates: State Bank of India Closes at Rs 641.55, Registers 2.37% GainThe State Bank of India’s closing price today was Rs 641.55, reflecting a 2.37% increase compared to the previous…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/state-bank-of-india-share-price-today-live-updates-31-jan-2024/amp_liveblog/107276540.cms

Wiz Freight, a full-stack digital cross-border supply chain startup, has raised Series B funding of Rs 125 crore in equity led by Japan-based SBI Investment. The funding came at a post-money valuation of Rs 1,400 crore, an increase of 50 percent in valuation from its last round, says an official release.”The company plans to raise the Series B round in two tranches. The current fund raise is a part of the larger round which the company intends to close this year. The round also saw participation from Tiger Global, Nippon Express Holdings, Axilor Technologies Fund, Foundamental, Arali Investments, Unikon Shipping Ventures, and a few family offices. The company plans to grow its global…
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Source: https://www.stattimes.com/amp/logistics/wiz-raises-rs125cr-series-b-round-led-by-japans-sbi-investment-1351097

Come February 2024, several monetary changes are set to take effect. From new National Pension System (NPS) withdrawal rules to changes in Immediate Payment Service (IMPS) limits, here are the key changes that will take place from next month

Come 1 February, users will soon be able to transfer money through IMPS by just adding the receiver’s mobile number and bank account name. According to the National Payments Corporation of India (NPCI), there is no need to add a beneficiary, and the IFSC code is…
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Source: https://www.livemint.com/money/personal-finance/nps-partial-withdrawal-imps-to-sbi-home-loan-discount-six-monetary-changes-from-1-february-budget-2024/amp-11706598877371.html

SBI extends helping hand to school, PHC  The Hindu
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Source: https://www.thehindu.com/news/national/kerala/sbi-extends-helping-hand-to-school-phc/article67793353.ece/amp/

SBI extends helping hand to school, PHC  The Hindu
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Source: https://www.thehindu.com/news/national/kerala/sbi-extends-helping-hand-to-school-phc/article67793353.ece

SBI clerk result 2024: How to check Visit the official website of SBI at sbi.co.in.Click on careers link available on the page.A new page will open where candidates must find the Clerk recruitment link.Click on SBI Clerk Prelims Result 2024 link available on the page.Enter the required details and click on submit.Your result will be displayed on the screen.Check the result and download the page.Keep a hard copy of the same for further need.
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Source: https://www.hindustantimes.com/education/exam-results/sbi-clerk-prelims-result-2024-live-junior-associate-scorecard-sbi-co-in-careers-link-latest-news-101706586667026-amp.html