State Bank of India’s green deposits: Are the interest rates attractive enough?

In pursuit of attaining the net zero emissions goal by 2070, the Reserve Bank of India (RBI) projects that India’s overall expenditure for climate change adaptation will likely amount to ₹85.6 lakh crore by 2030. In alignment with efforts to strengthen green financing initiatives, the RBI introduced a framework for the acceptance of green deposits in April last year. Green deposits have been introduced to mobilise funds for projects aligned with the United Nations’ 17 sustainable development goals. Leading the way in this endeavour, the State Bank of India (SBI), the country’s largest bank in terms of assets, has unveiled its green deposit scheme, known as the SBI Green Rupee…
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Source: https://www.thehindubusinessline.com/portfolio/personal-finance/state-bank-of-indias-green-deposits-are-the-interest-rates-attractive-enough/article67753229.ece/amp/

Sbi share price Today Live Updates : SBI Stocks Surge in Positive Trading Session

Sbi Share Price Today : On the last day, the opening price of SBI stock was ₹625.2 and the closing price was ₹626.15. The stock reached a high of ₹633.35 and a low of ₹619 during the day. The market capitalization of SBI was ₹560,598.75 crore. The 52-week high for the stock was ₹660.4 and the 52-week low was ₹499.35. The stock had a BSE volume of 752,436 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

19 Jan 2024, 01:21 PM IST
Top active options for Sbi
Top active call options for Sbi at 19 Jan 13:21 were at strike price of ₹630.0…
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Source: https://www.livemint.com/market/live-blog/sbi-share-price-live-blog-for-19-jan-2024/amp-11705632147314.html

Stocks To Watch: Reliance, TCS, SBI, Paytm, Wipro, REC, NHPC & Others

Stocks To Watch Today: For the third consecutive day on Thursday, benchmark indices Sensex and Nifty experienced a decline, primarily influenced by sustained selling in HDFC Bank and profit-taking in consumer durables and utility shares.The 30-share BSE Sensex dropped by 313.90 points or 0.44 percent, settling at 71,186.86. It witnessed a significant decline of 835.26 points or 1.16 percent throughout the day, reaching 70,665.50.The Nifty recorded a decline of 109.70 points or 0.51 percent, closing at 21,462.25. On the day, it saw a substantial plunge of 286.4 points or 1.32 percent, reaching 21,285.55.On January 19, the indices are expected to open flat, as per trends in the GIFT Nifty,…
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Source: https://www.news18.com/amp/business/stocks-to-watch-reliance-tcs-sbi-paytm-wipro-rec-nhpc-others-8745872.html

SBI Home Loan Carnival 2024 kicks off, to continue till January 19

Kolkata: The Home Loan Carnival 2024, organised by the State Bank of India (SBI) in association with Millennium Post, kicked off in the city at Taltala, EEDF Ground on Thursday and will continue till January 19.To help people get their dream home, the SBI Home Carnival has brought together the city’s top builders to present their residential masterpieces in preferred locations. The SBI will ensure that the home buying process is financially secure by providing a number of financing options. Speaking at the event, Prem Anup Sinha, chief general manager, SBI, Kolkata Circle, said: “For builders, it is important that whenever they launch a project, State Bank should be in their kitty….
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Source: https://www.millenniumpost.in/amp/bengal/sbi-home-loan-carnival-2024-kicks-off-to-continue-till-january-19-548771

Jet Airways resolution: SC directs new owners to deposit ₹150 crore in SBI’s escrow account by Jan 31

The Supreme Court on Thursday instructed Jalan-Kalrock consrotium, the new owners of the cash-strapped Jet Airways, to deposit ₹150 crore in SBI’s escrow account by January 31. If the company fails to make the payment in said time then the consortium is not in compliance with the terms of resolution plan for reviving Jet Airways.

The top court also refused to allow the separate plea of the Jet Aircraft…
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Source: https://www.livemint.com/industry/apex-court-directs-jet-airways-new-owners-depositing-rs-150-crore-by-jan-31-in-sbis-escrow-jalan-kalrock-consortium-11705590820491.html

Luthra assists SBI on financing Hinduja Renewables Energy and Solarfield Energy – Bar & Bench – Indian Legal News

Luthra assists SBI on financing Hinduja Renewables Energy and Solarfield Energy  Bar & Bench – Indian Legal News
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Source: https://www.barandbench.com/law-firms/dealstreet/luthra-assists-sbi-on-financing-hinduja-renewables-energy-and-solarfield-energyR
https://www.barandbench.com/amp/story/law-firms/dealstreet/luthra-assists-sbi-on-financing-hinduja-renewables-energy-and-solarfield-energy

Jet Airways revival plan has hit air pocket, SBI-led lenders tell Supreme Court

NEW DELHI: The plan to revive bankrupt Jet Airways appeared in choppy waters as financial creditors led by SBI told Supreme Court on Wednesday that Jalan-Kalrock consortium, the successful bidder, had “not brought a farthing” till date and was trying to rewrite the revival scheme.On behalf of SBI-led lenders, solicitor general Tushar Mehta told a bench of CJI D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, “The total admitted claim of the financial creditors is Rs 7,800 crore but the financial package offered by Jalan-Kalrock, the successful resolution applicant, is Rs 4,783 crore, which is payable in tranches in five years. The financial creditors (banks) are struggling to…
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Source: https://timesofindia.indiatimes.com/business/india-business/jet-airways-revival-plan-has-hit-air-pocket-sbi-led-lenders-tell-supreme-court/articleshow/106940755.cms

SBI Life Insurance in collaboration with Mirchi kicks starts itsregional finale of the 13th edition of Spell Bee in Mumbai

Mumbai, 17th January 2024 – SBI Life Insurance, one of India’s most trusted private life insurers, kick started its regional finale of the 13th Edition of Spell Bee – ‘Spellmasters of India’, held in Mumbai. The regional finale saw participation from 50 students who were shortlisted out of 10230 studentsfrom across25 schools of Mumbai. The initiative aimed at not only enhancing spelling skills but also encouraging students from grades 5th to 9th to develop invaluable life skills&pursue their dreams.
Master. Rayaan Naveed Siddiqui, 13-year-old, student of Bombay Scottish School, Mahim studying in Std VIII wonthe Mumbai Regional Finale of SBI Life Spell Bee 2023 Edition. With…
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Source: https://businessnewsthisweek.com/news/sbi-life-insurance-in-collaboration-with-mirchi-kicks-starts-itsregional-finale-of-the-13th-edition-of-spell-bee-in-mumbai/

Sbi share price Today Live Updates : Sbi closed today at ₹626.15, down -1.67% from yesterday’s ₹636.8

17 Jan 2024, 06:35 PM IST
Sbi share price Live :Sbi closed today at ₹626.15, down -1.67% from yesterday’s ₹636.8
Today, the closing price of SBI stock was ₹626.15, which represents a decrease of 1.67% from the previous day’s closing price of ₹636.8. The net change in price today was -10.65.

17 Jan 2024, 06:15 PM IST
Sbi share price live: Stock Peers

17 Jan 2024, 05:35 PM IST
State Bank Of India share price live: Today’s Price range
The State Bank of India stock reached a low of ₹623.5 and a high of ₹636.7…
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Source: https://www.livemint.com/market/live-blog/sbi-share-price-live-blog-for-17-jan-2024/amp-11705458662431.html