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Demonetised notes in circulation are worth over Rs 14 lakh crore. If people are holding this entire sum legally, then banks will get back Rs 14 lakh crore by March 31, 2017 .

Banks flush with cash, likely to cut rates soon

According to industry sources, all banks put together must have collected deposits worth over Rs 2 lakh crore in the...

12 Nov 2016 3:37 AM IST

The bank has been able to press into service only about half of its ATM network nationwide.

SBI gets Rs 53,000 crore deposits till midday after demonetisation

SBI replaced about Rs 750 crore worth of notes with junked ones, while till mid-day it had exchanged currency amounting...

11 Nov 2016 4:20 PM IST

Defence Minister Arun Jaitley (Photo: PTI)

Jaitley introduces bill to repeal SBI Subsidiary Banks Act

Five associates and Bharatiya Mahila Bank became part of SBI beginning April 1.

21 July 2017 6:19 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

NCLT reserves order on SBI's bankruptcy plea against Bhushan Steel

SBI is claiming to recover Rs 4,295 cr from Bhushan steel along with USD 490 million foreign currency loan.

19 July 2017 2:06 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI's Realty Solutions website will guide you to your 'dream home'

Currently, 9.5 lakhs home units are available on this website including names like DLF, Sobha, Unitech, Tata Housing and...

18 July 2017 1:38 PM IST

State Bank chairperson Arundhati Bhattacharya

SBI chief says cash crunch to ease by Feb-end

Arundhati Bhattacharya said that SBI is ensuring that account holders are not made to stand in queue.

10 Jan 2017 1:45 PM IST

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SBI Research pegs GDP further down to 6.7 per cent

The report estimates GDP growth for the second half and for the full year at 6.3 per cent.

7 Jan 2017 10:48 AM IST

SBIs announcement to offload up to 5 per cent stake in SBI Life to a non-promoter group might be construed as a test to see the market response.

SBI Life opens offices in MP, Chhattisgarh

Chief executive Arijit Basu says SBI life has witnessed a remarkable growth this year.

6 March 2017 2:56 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI cuts saving account rate by 0.5 pc on balance upto Rs 1 cr

SBI said revision of saving bank rate will enable the bank to maintain MCLR at existing rates.

31 July 2017 1:29 PM IST

SBI chief Arundhati Bhattacharya

SBI to hire lesser number of staff in financial year 2018

Merger of five associate banks has brought some thousands of employees to SBI's total staff kitty.

20 May 2017 3:21 PM IST

SBI chairperson Arundhati Bhattacharya said ATMs will start dispensing 50 and 20 rupee notes in coming days. (Photo: PTI)

Why SBI group banks' profit fell by Rs 11,984 crore

Five associate banks that have got merged with SBI reported losses affecting parent bank.

25 May 2017 5:19 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI releases Rs 3,323 crore to defence pensioners

The bank has largest share of central govt pensioners and serves approximately 50 pc of total defence pensioners.

31 Dec 2016 11:00 AM IST