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Tuesday, June 18, 2013

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State Bank of India

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SBI eyes Rs 1,500cr net from domestic treasury ops

The SBI treasury, which is the second largest in the country after LIC's, chipped in Rs 810 crore to...

SBI to open 8 new branches & 63 ATM counters in Tripura

State Bank of India (SBI) will open eight more new branches and 63 new ATM counters and increase the...

NPAs not alarming, says SBI chief Chaudhuri

Country's largest lender State Bank of India (SBI) is witnessing asset quality stress on account of ...

Online payment system for passport applicants in Guwahati

An online payment system for passport applicants would be introduced at the Passport Seva Kendra her...

SBI witnesses 60% rise in deposits as savers seek safe haven

State Bank of India has notched up nearly 60 percent uptick in deposits so far this fiscal, partly d...

SBI opposes airline licence for new venture of Capt Gopinath

State Bank of India (SBI) has raised objections to the proposal of Captain Gopinath to float a budge...

Merger of associate banks can start by September: SBI chief

State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patia...

SBI cuts interest rate on bulk FD by 0.25% on select tenor

State Bank of India (SBI) on Monday announced reduction in interest rate on fixed deposits of maturi...

SBI sees biz opportunities in Indian firms' Africa plans

SBI Mauritius is a foreign subsidiary of SBI. It began operations here as a joint venture with the c...

Finmin displeased at poor profit numbers of state-run banks

Driven by a higher provisioning, SBI's net for the March quarter plunged 18.5 percent at Rs 3,299.22...

SBI signs MoU with Spanish bank

This agreement will also benefits BBVA, since it would be able to access more broadly the Indian mar...

SBI to invest in high quality stocks only: Chaudhuri

State Bank of India (SBI) will invest in high quality stocks only which have good trading volumes an...

SBI plummets over 8%; m-cap down Rs 12,867 cr on weak results

Following the earning results, shares of State Bank of India plummeted by 8.87 percent to Rs 2,154.5...

SBI Q4 Net dips 18.5% on higher provisioning; shares tank 8%

Reacting to the below expected numbers, shares tanked 8.87 percent on BSE, wiping off Rs 12,867 cror...

Sensex falls below 20K, down 388 points; SBI loses over 7%

The BSE benchmark Sensex Thursday lost 388 points to fall below 20,000 level on disappointing March ...

SBI aims for 25% deposit growth in 2013-14 fiscal

State Bank of India is projecting a deposit growth of 25 percent during the current fiscal compared ...

Let RBI be sole regulator for all home loans: SBI

The State Bank of India Saturday suggested that the Reserve Bank of India should be the regulator fo...

RBI or SEBI should create awareness against ponzi schemes: SBI

In the backdrop of the chit fund scam, the State Bank of India today said Reserve Bank of India or S...

Two ex-SBI officials get 3-yr jail term for fraud

Two former officials of State Bank of India and as many others have been convicted by a Special CBI ...

SBI Mutual Fund launches gold accumulation facility

SBI Gold Fund is an open ended fund, which enables the common man to invest systematically in gold w...

SBI projects 16% loan growth for 2013-14 fiscal

Country's largest lender State Bank of India (SBI) on Thursday said it expects to register a lower l...

Banks recover Rs 1,000 cr by selling assets of Kingfisher: SBI

State Bank of India (SBI) Monday said the consortium of lenders has recovered Rs 800-1,000 crore and...

No immediate cut in lending rates: SBI

State Bank of India (SBI) Monday ruled out any immediate cut in lending rates even as the Reserve Ba...

SBI to consider merger of associates banks in July-Aug

State Bank of India (SBI) Monday said it will consider merger of five associate banks in the second ...

SBI, LIC involved in money laundering: Cobrapost

As many as 23 public and private sector banks and insurance companies were Monday accused of "r...

SBM net falls 35% to Rs 76 cr in March quarter

The bank, an associate of the country's largest lender State Bank of India, had posted a net profit ...

SBI board discusses NPA issue

A couple of days after the SBI Chairman hinted at a drastic reduction in bad loans, the board of the...

SBI to raise around $600 mn in ECBs

State Bank of India (SBI) Tuesday said it has an external commercial borrowing (ECB) pipeline from c...

Will go full throttle to recover dues from KFA: SBI Chief

State Bank of India is the leader of consortium of lenders to grounded airline Kingfisher.

SBI mulls merging one of its associate banks this year

State Bank of India is contemplating merging one of its five associate lenders with itself this year...

Jan-Mar quarter gross NPA comes down to 4.5%, says SBI chief

SBI Tuesday said its gross non performing assets ratio has come down to 4.5 percent in the fourth qu...

SBI sees no stress in gold loan portfolio

State Bank of India Tuesday said it does not see any stress on its Rs 35,000 crore gold loan portfol...

SBI sees no stress in gold loan portfolio

State Bank of India Tuesday said it does not see any stress on its Rs 35,000 crore gold loan portfol...

SBI hits international bond market to raise $1 billion

State Bank of India Thursday hit the international bond market to raise about USD 1 billion (Rs 5,43...

SBI group firm sells over 85 lakh shares in Kingfisher

SBICap Trustee Company, an SBI group entity, Thursday offloaded more than 85 lakh shares of cash-sta...

Axis Bank aims Rs 50-k cr home loan portfolio by FY15-end

"We are targeting a growth of 30 percent every year in home loans and conceptually we should re...

SBI to discontinue free accident cover for loan customers

Country's largest bank SBI will discontinue a free accident insurance cover given to its home and ca...

Kingfisher lenders to continue selling USL shares: SBI

Armed with a favourable order from the Bombay High Court, the State Bank of India on Wednesday said ...

Do away with special laws for SBI, LIC: FSLRC

These recommendations form part of the Financial Sector Legislative Reforms Commission (FSLRC) repor...

NRI deposits in Kerala stands at Rs.62,708 crore

The bank deposits by non-resident Indians (NRI) in Kerala stood at Rs.62,708 crore till December 201...

What about loan recovery from others? Mallya asks bank chiefs

"I seriously wonder what motivates the bank chairman to constantly speak to the media on loan r...

PSBs claim from borrowers of Rs 1 cr and more at Rs 68k cr

They said 7,295 individual borrowers or companies, who took loans of Rs 1 crore and above, had an ou...

SBI to open 1,200 branches, 8 overseas offices next fiscal

Plans are afoot to open two branches each in Bangladesh and the UK and one each in China, the Nether...

SBI gets 1.7 million applications for 1,500 officer posts!

Bank jobs are in demand in the country and here is a proof – 1.7 million (17 lakh) Indians have appl...

SBI identifies some properties of Kingfisher for attachment

SBI, the lead banker in the 17-lender consortium to Kingfisher Airlines, has identified some propert...

SBI sees FY'13 net profit at Rs 14,000-15,000 cr

"For SBI we got an allocation of 3,000 crore this year (capital infusion by the government) and...

Rs 23 lakh looted from bank ATM in Thane

Police have launched a manhunt for a security guard-cum-caretaker of a bank ATM who decamped with Rs...

SBI raises fixed deposit rates by 0.25%

Of the total 9 maturity periods for fixed deposits, rates have been revised upwards in 4 categories ...

SBI sanctions Rs 2,650 cr loan to RINL

State Bank of India (SBI) has sanctioned Rs 2,650 crore loan to state-run steel maker Rashtriya Ispa...

SBI sanctions Rs 2,500 cr to fund RINL expansion

SBI Chairman Pratip Chaudhuri said bank authorities will on Tuesday meet the management of RINL, the...

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