September 7, 2024, 05:17 PM - 2 min read
Goldman Sachs has downgraded its outlook for the State Bank of India (SBI), reducing its earnings estimates for FY25 and FY26 by 3% and 9%, respectively.
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August 16, 2024, 02:17 PM - 2 min read
The rate hike has come days after RBI kept its benchmark lending rate unchanged at 6.5 per cent for the ninth consecutive time earlier this month.
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June 26, 2024, 02:56 PM - 2 min read
"The issue attracted overwhelming response from investors with bids in excess of ₹19,884 crore and was oversubscribed by around four times against the base issue size of ₹5,000 crore," SBI revealed in a BSE filing. The total number of bids received was 143, indicating wider participation and a diverse array of investors.
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March 14, 2024, 08:32 PM - 2 min read
The Election Commission of India has released the electoral bond data submitted to it by the State Bank of India.
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March 12, 2024, 07:58 PM - 2 min read
The Supreme Court, on March 12, reprimanded the SBI and mandated the disclosure of details regarding electoral bonds redeemed by political parties to the Election Commission by the end of business hours on the same day.
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March 8, 2024, 04:22 PM - 2 min read
In a significant judgement on 15 February, a five-judge constitution bench declared the government's scheme of anonymous political funding via electoral bonds "unconstitutional". It mandated the Election Commission to reveal the identities of donors, the amounts donated, and the beneficiaries by 13 March.
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March 5, 2024, 08:19 AM - 2 min read
This request comes in the wake of a landmark decision by the Supreme Court last month, which saw the end of the electoral bonds scheme, citing its infringement on the public's right to information.
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February 22, 2024, 09:49 AM - 2 min read
SBI's stock rose by 1.51 per cent, closing at Rs 771.55 per share on the BSE. During the day's trading, SBI shares reached a peak of Rs 777.50 per share, marking a new 52-week high.
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