Page 17 of State Bank Of India

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…

June 7, 2016 23:24 IST

India Posts Payments bank, Telecom Minister, Ravi Shankar Prasad, cabinet ministers

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…

June 1, 2016 16:56 IST

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…

Updated: May 28, 2016 08:17 IST

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…

May 28, 2016 07:31 IST

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…

May 27, 2016 22:32 IST

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…

Updated: May 27, 2016 13:25 IST

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…

Updated: May 27, 2016 15:32 IST

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…

Updated: May 27, 2016 17:02 IST

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

May 23, 2016 07:36 IST

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 …

May 20, 2016 11:34 IST

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…

May 19, 2016 16:27 IST

Rs 570 cr seized in Tamil Nadu before polls released: SBI

State Bank of India (SBI) on Wednesday said police and tax authorities have released the Rs 570 crore seized during…

May 19, 2016 06:13 IST

State Bank of India shares rise post drop in fresh bad loans

State Bank of India’s subsidiaries surge upto 15% on merger plans

State Bank of India on Tuesday announced that it is looking to merge operations of five of its subsidiary banks…

May 18, 2016 10:33 IST

UPI will make Paytm, ICICI Bank’s Pockets, HDFC Bank’s Chillr redundant: Centrum

The ongoing push by the Reserve Bank of India (RBI) to revolutionise banking through the Unified Payments Interface (UPI) will…

Updated: May 8, 2016 21:01 IST

SBI lowers lending rates by 5 bps to 9.15 pct effective May 1

Making its loans cheaper, the nation’s largest lender State Bank of India (SBI) today revised downwards its lending rates based…

Updated: May 2, 2016 23:29 IST

Banks being ‘goaded’ to focus on retail segment: SBI chief

Says lenders need to be empowered and not ‘rapped on their knuckles’

April 19, 2016 06:21 IST

Food scam: Bankers say could stop lending to Punjab

Some 30 odd bankers led by State Bank of India (SBI), which are staring at heavy losses to the tune…

Updated: April 18, 2016 23:40 IST

SBP slashes lending rates by 15 basis points

The State Bank of Patiala (SBP) has slashed the lending rates by 15 basis points.

April 18, 2016 06:29 IST

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