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Recent Posts Tagged With 'SBI'
Sensex This Week Gains 3.7%
The Nifty continued its uptrend for the sixth consecutive session and ended marginally higher. Institutional buying in banking, technology and aluminium companies' shares helped the Index to remain above the 4800 mark for the fourth day in a row.The ...
Sensex closed in green at 8446 snaps 3-day losing streak
MUMBAI: Indian equities snapped three-day losing streak on Wednesday by ending a volatile session in the positive terrain. Traders covered shorts in metals, oil&gas and healthcare space tracking gains in global markets.The indices opened in the g...
SBI back in market to raise Rs 4000 crore
MUMBAI: After the success of Tata Capital, it is the turn of the country's largest bank State Bank of India (SBI) to tap the retail bond market.The bank is planning to raise Rs 3,000-4,000 crore through the issue of subordinated debt to retail invest...
SBI becomes more valuable than Citibank
NEW DELHI: The US financial crisis has hit the valuation of its banks. Citigroup, one of the largest banks in the world, with assets worth $1.95 trillion or Rs 9,72,075 crore, now values less than the State Bank of India (SBI), India's largest bank....
SBI net profit up by 37 %
Robust growth in corporate, SME and retail advancesMUMBAI: State Bank of India has posted a net profit of Rs. 2,478.42 crore for the quarter ended December 31, 2008, on a standalone basis against Rs. 1,808.64 crore in the year-ago period, a growth of...
Cheers for Sensex - Close over 10000 mark
MUMBAI: Benchmarks were at day’s highs and around crucial support levels after more than expected decline in inflation lifted market sentiments. Interest rate sensitive sectors were in demand on expectations of a further cut in interest rates.Whole...
Top 10 Companies lose Rs 30000 crore in m-cap in a week
MUMBAI: Even as four companies, including State Bank of India (SBI), managed to add to their market capitalisation (m-cap) amid high volatility on bourses, the elite club of country’s top 10 companies saw their valuations tumble by a whopping Rs 30...
SBI Q2 net profit up 11.5% at Rs 2458.04
Press Trust Of IndiaCountry's largest lender State Bank of India on Monday said it has posted a 11.50 per cent growth in its net profit at Rs 2,458.04 crore for the second quarter ended September 30.The bank had a net profit of Rs 2,204.56 crore in t...
Sensex down over 513 points
The market gave away a large part of the last two days' gains on weak global markets, cautious outlook by IT firm Wipro and sustained selling by foreign funds. The BSE Sensex slumped 513.49 points or 4.81%. Though in the red, both the both the BSE Mi...
Sensex up over 1000 points in 2 days
Frenzied buying in index pivotals led by Reliance Industries, ICICI Bank and Bharti Airtel coupled with short covering triggered a solid rally on the bourses. A sharp fall in crude oil prices for the third day in a row on Thursday, 17 July 2008, boo...
Sensex down 620 points down; close below 14000, inflation worries
BS Reporter / Mumbai: Following negative cues from the overseas markets, the Sensex opened with a huge negative gap of 294 points at 14,128. Persistent selling, thereafter, saw the index exhbit negative trend through the day. Any hopes of recovery...
