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SBI Q4 net profit falls 8% to Rs 3,041 cr

Last Updated: Friday, May 23, 2014, 13:52

SBI profit slipped 23 percent to Rs 10,891 crore in 2013-14, from Rs 14,105 crore in the previous fiscal.

Not looking at setting up SPV for raising capital from mkt:SBI

Last Updated: Sunday, May 18, 2014, 17:40

Country's largest bank SBI has said that it is not looking at setting up a special purpose vehicle (SPV) for its real estates

State-run banks gain on RBI panel report

Last Updated: Wednesday, May 14, 2014, 12:40

Shares of state-run banks on Wednesday rose by as much as 5 percent after an RBI panel report said the government should reduce holdings in PSU lenders to under 50 percent.

SBI to start special scheme for children's accounts

Last Updated: Friday, May 09, 2014, 10:37

Following the Reserve Bank's move to allow minors to open and operate accounts, the State Bank of India, the nation's largest lender, Thursday said it will start a special scheme for children shortly.

Lahiri lands eagle on final hole to win Indonesian Masters

Last Updated: Sunday, April 27, 2014, 18:27

Anirban Lahiri holed a sensational 20-foot eagle putt on the 18th hole to grab his fourth Asian Tour title and the first outside India at the CIMB Indonesian Masters here on Sunday.

Top 5 Sensex cos add Rs 15,270 cr in market valuation

Last Updated: Sunday, April 27, 2014, 10:56

Top five Sensex companies together added Rs 15,270 crore in market capitalisation last week, with Coal India and SBI emerging as the biggest gainers.

Process of recovery of dues from Kingfisher on: SBI chief

Last Updated: Saturday, April 26, 2014, 18:48

Asked how much the bank has recovered from the sale of Kingfisher Airlines' shares, she said, "Nothing very much. I think the recovery is in the range of Rs 350 to Rs 400 crore."

RIL, SBI, Tata Motors among 100 most influential Asian cos

Last Updated: Friday, April 11, 2014, 21:09

Mukesh Ambani-led Reliance Industries (RIL) bagged the 77th position in the 'top 100 most influential Asian companies ranking for 2014 while Tata Motors and State Bank of India (SBI) were at 79th and 80th places respectively.

SBI mops up record $1.25 bn in overseas bond sale

Last Updated: Friday, April 11, 2014, 16:05

SBI has broken the record set by Oil India earlier this week by raising 25 percent more than the oil explorer.

SBI hits global debt markets, to raise up to $1 billion

Last Updated: Thursday, April 10, 2014, 15:46

The nation's largest lender State Bank of India has hit the overseas bond market with a dual tranche benchmark issue of 5-year and 10-year maturity to raise up to USD 1-billion.

SBI General sets 60% premium growth this fiscal

Last Updated: Sunday, April 06, 2014, 15:45

"In this fiscal we expect to grow at around 60 per cent, which we feel is reasonable," managing director and chief executive Bhaskar J Sarma told PTI.

SBI to offload up to Rs 4,000 cr bad loans to ARCs

Last Updated: Sunday, April 06, 2014, 15:40

"We are selling NPA between Rs 3,500-4,000 crore of NPA," SBI chairman and managing director Arundhati Bhattacharya said last evening at IIM Calcutta.