RBI approves the establishment of an operations support branch by SBI
The RBI has given preliminary approval to the State Bank of India for its subsidiary proposal to support operations, aimed at reducing the cost-to-revenue ratio.
The RBI has given preliminary approval to the State Bank of India for its subsidiary proposal to support operations, aimed at reducing the cost-to-revenue ratio.
NEW DELHI: SBI MF, India’s largest mutual fund company, has shares worth Rs 4.36 lakh. The main change in the profile of the company in July included the purchase of heavy sectors in banking and technology
Shares of State Bank of India (SBI), India’s largest state-owned bank, caught the eye, falling more than 17% from their highs as securities firms strengthened.
Shares of State Bank of India (SBI) are down 5% this year. The shares are outperforming the Nifty 50 index, which has fallen 10% year to date.