State Bank Of India
Sharekhan maintains ‘buy’ on State Bank of India shares; 5 reasons why
Brokerage firm Sharekhan is bullish on the shares of State Bank of India with a target price of Rs 315.
Buy State Bank of India, target price Rs 284: Geojit BNP Paribas Financial
State Bank of India shares can jump around 10 per cent from present levels and can touch Rs 284 in the nex few quarters
SBI board approves merger of 3 associate banks and BMBL to create banking giant
State bank of India board at a meeting held on Thursday approved the merger of 3 associate banks and Bharatiya Mahila Bank (BMBL) to create a banking giant
SBI merger with associates to boost market share: Arundhati Bhattacharya
State Bank of India's merger with its five subsidiaries will strengthen them and boost market share "exponentially" as the move will help reduce several "repetitive costs...
Cabinet clears India Post’s payments bank proposal
Government today cleared proposal to set up India Post payments bank with a corpus of Rs 800 crore and has plans to have 650 branches operational by September 2017, Telecom Minister Ravi Shankar Prasad said today.
SBI Q4 net profit down 66% on higher loss provisioning
State Bank of India (SBI) on Friday reported a net profit of Rs 1,264 crore in the March quarter of FY16, down 66% from a year earlier, on the back of higher loan loss provisions.
SBI to recruit former officials for loan, sanction reviews
State Bank of India (SBI) has sought applications from its former officials to join on a contract basis for loan review mechanism (LRM) and early sanction review (ESR) system.
Merger with SBI associates will cut costs, improve efficiency: Arundhati Bhattacharya
The proposed merger of SBI with its five associate banks and Bharatiya Mahila Bank (BMB) will lead to savings, improve treasury operations and cut redundancies...
SBI Q4 net profit down 66% to Rs 1,264 cr; bad loan rises to 3.81%
SBI Q4 results: Net non-performing asets (NPA) or bad loans as a percentage of net advances stood at 3.81 per cent during the last quarter of 2015-16, against 2.12 per cent year ago.
SBI may report 50% fall in net profit in Q4, loan growth expected to be subdued
For Q4FY16, KR Choksey Shares and Securities is expecting 44.10 per cent year-on-year and 87.70 per cent quarter on quarter fall in standalone net profit at Rs 2,093.6 crore.
SBI, Sun Pharma, Lupin among 10 stocks that buzzed in Friday’s trade
State Bank of India share price closed 9.15 per cent up at Rs 201 on NSE after it reported 66 per cent fall in net profit figures for the quarter ended March 2016 which was in line with market expectations.
Buy rating on State Bank of India; Decks cleared for merger of SBI with its cubs
While creating a behemoth, the move would entail higher employee costs, besides posing other challenges
Merger of six banks to cost SBI $250 million’
Global credit rating agency Moody's Investors Service on Friday said the merger idea mooted by State Bank of India ...
SBI associate banks staff to go on strike tomorrow against merger
A section of employees of five associate banks of SBI has threatened to go on strike tomorrow against their proposed merger with parent.
