Last Updated: Sunday, October 06, 2013, 15:01
Former SBI Chairman Pratip Chaudhuri has said the nation's largest lender would have completed the process of merging a subsidiary but for the huge capital requirement due to the Basel III norms.
Last Updated: Tuesday, October 01, 2013, 20:52
State Bank of India (SBI) on Tuesday said all four managing directors will continue to exercise their respective powers, pending the appointment of a chairman at the country's largest lender.
Last Updated: Friday, September 20, 2013, 20:37
Bankers on Friday welcomed the Reserve Bank's mid-quarter monetary policy announcements and termed them as "a balanced and a pragmatic move" which will reduce banks' borrowing costs.
Last Updated: Friday, September 20, 2013, 13:51
Soon after unveiling of the Reserve Bank's mid-quarter policy review, country's largest lender SBI on Friday said lending and deposit rates will go up in view of the festive season demand.
Last Updated: Tuesday, September 17, 2013, 18:45
With festival season round the corner, bankers are pressing for cut in CRR and policy rate by Reserve Bank in its monetary policy later in the week to boost demand for manufactured goods and arrest sagging growth.
Last Updated: Thursday, September 12, 2013, 17:04
A government appointed search panel will conduct interviews for selecting the chairman of the country's largest bank SBI on September 21.
Last Updated: Wednesday, August 14, 2013, 21:28
SBI Chairman Pratip Chaudhuri Wednesday welcomed RBI Governor D Subbarao's remark on the need to cut mandatory CRR and SLR ratios for lenders, saying it will divert capital to productive purposes.
Last Updated: Monday, August 12, 2013, 22:18
SBI Chairman Pratip Chaudhuri Monday said the bank's reliance on sticky savings and long-tenor fixed deposits makes it comfortable to hold on to lending rates, which are the lowest in the system.
Last Updated: Wednesday, July 24, 2013, 22:27
Union Finance Minister P Chidambaram Wednesday held a meeting here to review the stalled projects worth Rs 31,000 crore in the eastern region.
Last Updated: Wednesday, July 24, 2013, 20:10
State Bank of India will remain unaffected by virtual absence of bond markets, CMD Pratip Chaudhuri said on Wednesday.
Last Updated: Wednesday, July 24, 2013, 19:39
Worried over shortage of funds in the system following RBI's liquidity tightening measures, SBI Chairman Pratip Chaudhuri Wednesday asked the central bank not to choke money supply and instead raise interest rate to check volatility in the forex market.
Last Updated: Wednesday, July 03, 2013, 19:05
The country's largest lender, State Bank of India (SBI), Wednesday ruled out the possibility of cutting its minimum lending rate or base rate, saying it was the lowest in the market.
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