SBI reported a Q2 net profit of 15.82 billion rupees missing estimates, on higher provisions for bad loans.
10 Nov 2017 1:27 PM
Mergers and acquisitions are expected to play only a tiny role as SBI seeks to ramp up growth in the overseas business.
09 Nov 2017 4:09 PM
The Jeevan Sudha building houses the server room of the State Bank of India’s global market office.
19 Oct 2017 3:19 PM
The banks that find it tough to recover loans from borrowers can refer such cases to the NCLT as part of insolvency proceedings.
14 Oct 2017 3:34 AM
Kumar in a letter to staff highlights worst phase banking sector with huge debt burden was passing through.
10 Oct 2017 12:31 PM
Kumar was on Wednesday appointed new SBI chairman after appointments committee cleared is name.
05 Oct 2017 12:55 PM
Mr Kumar, aged 59 years, is at present one of the four managing directors of SBI.
05 Oct 2017 3:52 AM
Bhattacharya says they have been part of Swachh Bharat Abhiyan since its inception three years ago.
02 Oct 2017 6:03 PM
This comes weeks after SBI revised minimum balance requirement rules for different types of accounts.
02 Oct 2017 2:57 PM
Largest lender has fixed Rs 5,000, Rs 3,000, Rs 2,000 and Rs 1,000 for different types of accounts.
02 Oct 2017 12:33 PM
As per the buyabck offer, SBI will get Rs 99.42 crore from SBI DFHI.
29 Sep 2017 5:22 PM
Earlier Rs 5,000 monthly minimum balance limit has been reduced to Rs 3,000 which sounds affordable.
26 Sep 2017 3:27 PM
The new branch has come up in Ang Mo Kio area, which is popular for its housing estates.
25 Sep 2017 12:49 PM
Merger of the state-run banks should open up more capital generation avenues, both internally and from market.
23 Aug 2017 10:28 AM
This is the first quarterly result from SBI after merging with five of its associate banks with it from April 1, 2017.
12 Aug 2017 3:47 AM
SBI had reported a net profit of Rs 867.32 crore in the same quarter of last fiscal.
11 Aug 2017 3:05 PM
Till March 2017 SBI accounted for 33 per cent of all the MSME advances made in the state.
10 Aug 2017 4:09 PM
Country's largest public sector bank says move aims to promote small ticket transactions.
08 Aug 2017 2:52 PM
Money debited from accounts of several personnel, FIR registered.
04 Aug 2017 2:06 AM
As per a SBI official, about 90% of the savings account holders falls under the less than Rs 1 crore bracket.
01 Aug 2017 12:59 AM