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FM may revise upwards fiscal deficit to 4.4%: SBI

Last Updated: Tuesday, July 01, 2014, 22:30

Finance minister Arun Jaitley may revise upwards the fiscal deficit target for the current fiscal to 4.42 percent up from 4.1 percent projected in the interim budget, says a report by the Economic Research Department of State Bank of India (SBI).

SBI opens 6 digital branches

Last Updated: Tuesday, July 01, 2014, 19:09

State Bank of India (SBI) opened 'sbiINTOUCH' outlets in Delhi, Mumbai, Bangalore, Chennai and Ahmedabad.

Aiming to trim financial burden, SBI to open 5K new ATMs

Last Updated: Tuesday, July 01, 2014, 16:56

Even as the uncertainty over charging users for ATM transactions continues, nation's largest lender State Bank of India on Tuesday said it will be launching up to 5,000 new ATMs this fiscal.

No magic wand to bring down bad loans: SBI chief

Last Updated: Tuesday, July 01, 2014, 15:41

State Bank of India (SBI) Chairperson Arundhati Bhattacharya Tuesday said she does not have a magic wand to deal with bad loans, which soared to Rs 61,605.35 crore at the end of March.

SBI, BoB seek treatment of gold deposits as part of CRR/SLR

Last Updated: Saturday, June 28, 2014, 17:25

The country's two biggest state-run lenders Saturday pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR), both of which banks consider as non-productive.

UPCPMT cancelled after paper leak in Ghaziabad, CM Akhilesh Yadav orders probe

Last Updated: Sunday, June 22, 2014, 10:14

The Combined Pre-Medical Test (CPMT) was cancelled in Uttar Pradesh on Sunday after the examination paper for entrance to medical colleges in the state was found to have been leaked in Ghaziabad.

Abducted SBI official rescued in Meghalaya

Last Updated: Wednesday, June 18, 2014, 12:20

The abducted officer of a public sector bank was on Wednesday rescued unharmed by police from the clutches of suspected militants from a village in West Garo Hills district of Meghalaya.

'SBI giving final shape to its monthly manufacturing index'

Last Updated: Tuesday, June 17, 2014, 21:34

Country's largest lender State Bank of India on Tuesday said it was in the process of launching its monthly Manufacturing Index.

SBI branch manager abducted in Meghalaya

Last Updated: Tuesday, June 17, 2014, 00:57

Suspected militants abducted a branch manager of the State Bank of India on Monday in Meghalaya`s South West Garo Hills district, police said.

SBI to organise banking and economics conclave on June 17

Last Updated: Sunday, June 15, 2014, 14:17

The conclave will be on the lines of 'Bancon', an event organised by Indian Bank's Association each year.

SBI says merger of units not under active consideration

Last Updated: Wednesday, June 11, 2014, 17:47

State Bank of India (SBI), the country`s largest lender, said on Wednesday that a plan to merge associate banks with itself was not under active consideration and the state-owned bank could examine the option later.

SBI partners with Ezetap Mobile to launch mPOS solution

Last Updated: Wednesday, June 11, 2014, 16:40

SBI plans to deploy 5,00,000 point-of-sale terminals within the next five years, it said in a release.