Shares of State Bank of India (SBI) were trading 0.23 per cent higher at Rs 833.65 on the NSE at 12:14 PM, after the country’s largest lender launched a qualified institutional placement (QIP) to raise up to Rs 25,000 crore—the largest such issue till date. SBI, the largest lender in the country, has launched this…
The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI Bank emerging as the worst-hit in line with a bearish trend in equities. Last week, the BSE benchmark Sensex dropped 626.01 points or 0.74 per cent. In the top-10 pack, Reliance Industries,…
Nine of the top-10 most valued firms together added Rs 2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in-line with a buoyant trend in equities. Last week, the BSE benchmark surged 1,650.73 points or 2 per cent. From the top-10 pack, Infosys emerged as the only laggard, facing…
The State Bank of India (SBI) has announced the SBI Clerk Mains Result 2025 today, June 2. The PSU bank’s Clerk Mains exam was conducted on April 10 and April 12, 2025. The candidates can check their result on SBI’s official website i.e. sbi.co.in. SBI Clerk Mains Result 2025: How to check and download the…
The Reserve Bank of India’s record dividend payout of nearly Rs 2.7 trillion to the government has been made possible due to robust gross dollar sales, higher foreign exchange gains, and steady increases in interest income, according to a report by the State Bank of India (SBI). The report noted that this significant surplus transfer…
The Indian rupee strengthened on Monday, tracking a rise in the offshore Chinese yuan and comforted by falling crude oil prices, even as dollar demand from importers and a large foreign bank ate into some of the currency’s intraday gains. The rupee closed at 84.25 against the U.S. dollar, up 0.4% on the day. The…