SBI

SBI Unveils New Plans For Its Cryptocurrency Exchange

3 weeks ago admin2 Comments Off on SBI Unveils New Plans For Its Cryptocurrency Exchange
While initially scrapping its plans to develop a cryptocurrency exchange in conjunction with partners. SBI Holdings has today announced new plans to more forward with the development of their own self developed exchange. President and CEO of the company, Yoshitaka Kitao announced the development of the company’s own exchange, confirming that SBI’s exchange is “not a white Read More

India’s biggest banks are piling on the losses, and investors are loving it

6 months ago admin2 Comments Off on India’s biggest banks are piling on the losses, and investors are loving it
The Indian banking sector is in a curious situation: Some of the country’s biggest banks are reporting losses, yet stock markets are rewarding them. The State Bank of India (SBI), India’s largest lender, reported a 38% decline in its net profit in the July-September quarter of financial year 2018. Given the decline, one would have Read More