Top 3 firms add Rs 75,855 crore in market valuation last week
Mumbai, Jan 18 (IANS) The combined market valuation of three of India’s top companies surged by Rs 75,855.43 crore last week, even as the overall stock market showed a sluggish trend during the holiday-shortened week. State Bank of India (SBI) and Infosys were the biggest gainers among the top firms. While the Sensex slipped 5.89 […]
RBI retains SBI, HDFC Bank & ICICI Bank in ‘Systemically Important’ category
Mumbai, Dec 2 (IANS) The Reserve Bank of India announced on Tuesday that State Bank of India (SBI), HDFC Bank, and ICICI Bank will continue to be classified as the country’s systemically important banks. The RBI had announced the SBI and the ICICI Bank as domestic systemically important banks (D-SIB) in 2015 and 2016. In […]
RBI policy statement an authoritative one towards market reforms: SBI Chairman
New Delhi, Oct 1 (IANS) State Bank of India (SBI) and Indian Banks Association (IBA) Chairman C.S. Setty on Wednesday said the RBI policy statement was an authoritative one towards unveiling of market reforms and moving beyond rate actions. The move towards a risk-based deposit insurance premium will facilitate significant improvement in the bottom line […]
