Amalgamated entity of 3 PSBs to retain sovereign status: UBI chief

Regarding the progress of the amalgamation process, he said it is "going on smoothly" and 34-odd committees, formed by the three banks, would submit their reports by the end of December.

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NTPC signs term loan of Rs 5,000 crore with SBI

The loan facility has been extended at an interest rate linked to 3-month MCLR of the bank.

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Nepal SBI post 13 percent growth in net profit for FY19

The bank succeeded in opening 76,568 new saving accounts during the last fiscal year.

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World Bank to reduce lending to China

The World Bank said Saturday its lending to China has fallen sharply and will continue to be pared back, after US President Donald Trump demanded it stop altogether.

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Nepal SBI post 13 per cent growth in net profit for FY19

The bank mobilised total deposit of Rs 9,72.44 crore and extended loans and advances of Rs 8,864.47 crore at the closing of the year, according to a statement issued by the bank ahead of its Annual General Meeting.

from Banking/Finance-Industry-Economic Times https://ift.tt/2LuG4UH

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