Update: After this post, SBI posted record losses of 7,700 cr. in the subsequent quarter, and we have a small note at the bottom. Even we couldn’t have ...
Demonetisation has been ripping the markets apart and Nifty hit a 5 month low today. With demonetisation coming into affect from 9th November most sectors have ...
India’s Banking Giant SBI, which has a market share of 17.53% saw its net profit taking a hit, mainly due to high provisioning. The bank has reported a ...
The Banking sector in India has slowly been moving up in valuation. In the last three months when Nifty moved by 7.19%, bank nifty moved by 12.98%! Banks are ...
After much waiting finally the first tranche of public sector bank recapitalization is out. The Government has infused Rs 22915 Crs in 13 PSU Banks. ...
A telecaller tried to sell me this "Money Back" policy by SBI Life. The concept was explained like this: You pay a 30K per year premium for 7 years, ...
After a verdict by the Supreme Court that made some of the Greater Noida land acquisition illegal, SBI and other banks have stopped lending to real estate in ...
