Articles by State Bank of India
BSE Sensex Down by 1.15 Percent; Financial Stocks Lead Losses
January 06 2012 1:46 AM EST
The BSE Sensex fell more than 1 percent on Friday, extending losses to a third consecutive session, in anticipation of subdued quarterly earnings beginning next week, with many companies seen hit by high borrowing costs and slowing growth.
BSE Sensex Climbs on Hope of RBI’s Action on Interest rate
January 05 2012 1:12 AM EST
The BSE Sensex climbed on Thursday on expectations that slowing inflation will help the RBI to start cutting interest rates, which will boost the outlook for growth that has been slowing for many months.
BSE Sensex Up by 2.72 Percent; Investors Hope RBI Will Cut Interest Rates
January 03 2012 6:50 AM EST
The BSE Sensex rallied the most in nearly two weeks on Tuesday, led by ICICI Bank, construction major Larsen & Toubro (LART.NS) and software bellwether Infosys (INFY.NS), as investors bet the RBI will soon start cutting interest rates to bolster growth.
BSE Sensex Closes on a Bad Note; Benchmark Sheds 24.6 Percent in 2011
December 30 2011 8:41 AM EST
The BSE Sensex closed 0.6 percent lower on Friday and posted its first annual fall in three years as a combination of near double-digit inflation, high interest rates, slowing domestic growth and policy inaction turned off investors already shaken by global headwinds.
SBI Expects Govt to Inject Capital
December 30 2011 4:40 AM EST
State Bank of India, the country's largest lender, expects the government to inject capital any time, although it is yet to get a formal commitment on the amount, a senior official said on Friday.
BSE Sensex Up by 0.55 Percent Today but Poised for First Annual Fall in 3 Years
December 30 2011 2:31 AM EST
The BSE Sensex rose on Friday after three days of losses as positive data from the United States helped allay concerns about the global economy, but the market was on course to log its first annual fall since 2008.
SBI Raises NRI Deposit Rates to 574 bps
December 27 2011 6:52 AM EST
State Bank of India, the country's biggest lender, has raised term deposit rates for non-resident external accounts by up to 574 bps from January 1.
BSE Sensex Falls by 0.6 Percent; Investors Stay on the Sidelines
December 27 2011 6:25 AM EST
The BSE Sensex fell 0.6 percent on Tuesday with many investors staying on the sidelines in the absence of policy initiatives by the government to reverse slowing growth.
BSE Sensex Up by 1.5 Percent after 5 Bad Days
December 21 2011 1:10 AM EST
The BSE Sensex pulled back on Wednesday after sliding for five days in a row, bolstered by firmer Asian markets but investors were wary about sustaining the rise because of sluggish domestic growth.
Kingfisher Grounds Planes; Lenders Await Report
December 19 2011 9:35 AM EST
Lenders to cash-strapped Kingfisher Airlines, which has been grounding planes and cutting routes to stay aloft, are awaiting a report on the airline's viability before they approve a $133 million loan, banking sources said on Monday.
BSE Sensex Falls to Lowest Close in 2 Years
December 19 2011 9:16 AM EST
The BSE Sensex fell 0.72 percent on Monday to its lowest close since August 2009, as investors continued last week's selloff on mounting concerns over slowing growth in Asia's third-largest economy amid lingering global economic uncertainty.
BSE Sensex Falls by 1.9 percent; Investors Continue Selloff
December 19 2011 2:58 AM EST
The BSE Sensex fell as much as 1.9 percent on Monday, touching a near 2-1/2-year low, as investors continued last week's selloff on mounting concerns over growth in India.
BSE Sensex Closes for the Day with 2.12 Percent Down
December 12 2011 7:20 AM EST
The BSE Sensex slipped 2.12 percent to a two-week closing low on Monday after a sharper-than-expected fall in the country's October industrial output compounded concerns over slowing economic growth.
BSE Sensex Down by 2 Percent; Automakers Most Affected
December 08 2011 4:26 AM EST
The BSE Sensex fell more than 2 percent on Thursday, weighed down by renewed concerns about slowing growth and the government's inability to pursue reforms and help retrieve the ground.
BSE Sensex Closes the Day 0.43 Percent up
December 07 2011 7:38 AM EST
The BSE Sensex rose 0.43 percent on Wednesday, as global equities gained on growing hopes of a decisive solution to the eurozone debt crisis soon.
BSE Sensex Climbs by 1.1 Percent; Reliance, Infosys Gain
December 07 2011 12:51 AM EST
The BSE Sensex climbed as much as 1.1 percent on Wednesday, taking cues from firmer Asian markets and on hopes for an end to a parliamentary logjam.
Indian Gold Prices Set to Fall from Peak - Survey
November 25 2011 8:47 AM EST
India gold prices are likely to fall more than 3.5 percent from its peak after a 16 percent rally last quarter as investors resort to year-end profit-taking while tepid wedding demand weighed, a Reuters poll of banks and brokerages found.
India Gold Price Will Fall in Next Quarter: Poll
November 25 2011 4:41 AM EST
India gold prices are likely to fall more than 3.5 percent from its peak after a 16 percent rally last quarter as investors resort to year-end profit-taking while tepid wedding demand weighed.
BSE Sensex Falls for Fifth Straight Session
November 16 2011 9:45 AM EST
The BSE Sensex fell for a fifth straight session on Wednesday to its lowest close in four weeks, as investors chipped away at gains at the end of a weak earnings season.
BSE Sensex Down by 1.4 Percent; Lowest Close in 3 Weeks
November 15 2011 7:54 AM EST
The BSE Sensex skidded 1.4 percent to their lowest close in more than three weeks on Tuesday, extending a slide into a fourth session.