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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 Patiala, and State Bank of Travancore would be the target associate banks for merger, Chaudhuri said.

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 and less volatility, Chairman of the bank Pratip Chaudhuri said Thursday.

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 quarter of the fiscal.

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 5,430 crore) in a five-year dollar-bond sale programme.

SBI chairman pitches for abolition of CRR

RBI should either do away with CRR or compensate the banks for the losses incurred as the banking system was not earning any interest on it, Chaudhuri said.