Rapid digitisation and scaling up of non-banking businesses, from cards to insurance and MFs to YONO, have helped SBI transform itself

State Bank of India (SBI) has decided to contribute Rs 11 crore to the PM CARES Fund to support next phase of COVID-19 vaccination drive

SBI YONO Merchant app will enable millions of merchants to accept digital payments through mobile led technology

As much as 34 per cent market share in the home loan segment is commanded by the SBI. Around 1000 home loan customers are onboarded per day on an average by the bank

The SBI report also praised government's move to increase foreign direct investment limit in insurance companies to 74 per cent in the Budget.

Pointing out that MSMEs are constrained today in terms of cash flows, time gap in realising receivables, among others, the SBI chairman said that collaborating is a better model than lending directly to MSMEs

The finance minister announced tax relief on select home sale deals, enhanced credit guarantee programme for small businesses and provided incentives for new job creation as the government widened stimulus measures to boost the economy

Newly listed insurance, mutual fund, pure play credit card and small finance banking players are charming Dalal Street

Out of these, 3.72 lakh enterprises have registered under manufacturing category whereas 6.31 lakh enterprises under service sector

\"Investment demand from corporate will take some time to pick up. The cash-rich PSUs will initially embark upon capital expenditure plan which will generate investment demand,\" SBI chairman Dinesh Kumar Khara said

The NPA problem is hidden today as MSME, corporate and retail borrowers have been enjoying moratorium and restructuring since March this year. Given the slowdown in the economy, there is likely to be an impact on businesses and retail borrowers

The prevailing fear amongst the bankers fraternity regarding the attacks is \"adversely affecting their morale and faith\" on the state administration

The upcoming MG Gloster will compete with the likes of the Toyota Fortuner, Ford Endeavour and Mahindra Alturas

The high burn-out levels are not necessarily limited to WFH. Ever since the government has allowed the 'unlock' process, a significant number of people have returned to their physical work place

The COVID-19 pandemic is estimated to push an additional 88 million to 115 million people into extreme poverty this year, with the total rising to as many as 150 million by 2021

The move is taken to encourage people to have babies as several citizens are putting-off parenthood because they are concerned about job loss and financial stress

Dinesh Kumar Khara has been appointed as the next Chairman of State Bank of India for a term of three years; Westlife Development, the company that owns and operates McDonald's restaurants in West and South India, has reopened its restaurants in Maharashtra. Watch this and more on News Blast.Also Read: China falls out of favour; global survey finds sharp growth of negative perception

Dinesh Kumar Khara is taking over at a time when the overall economy is expected to shrink for the first time in the last four decades

China not allowed! India approves 16 for incentive scheme, none from ChinaThe government on Tuesday released the names of 16 applicants who have been found eligible for the product linked incentive scheme for large scale electronics manufacturing launched in April this year, including Samsung, Lava, Micromax, Dixon and contract manufacturers for Apple iPhone - Foxconn, Wistron and Pegatron. None of the Chinese smartphone makers like Xiaomi, Vivo, Oppo, OnePlus or Realme figure in the list ev...

Stocks to watch today on October 7: TCS, RIL, SBI, Bajaj Finance, Future Consumer among others are the top stocks to watch out for in Wednesday's trading session