Shares of State Bank of India Ltd., UCO Bank Ltd., and every constituent of the Nifty PSU Bank index has surged up to 4% on Friday, October 10, in response to the latest banking sector reform.
SBI Mutual Fund launched Magnum SIF on 1 October. For those who are not aware, SIF refers to a specialised investment fund, a new investment category launched by Sebi on 1 April 2025. It falls ...
State Bank of India expects a limited impact from a shift to the expected credit loss (ECL) framework, citing the long transition period under the proposed norms that would increase provisioning ...
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