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IAF files FIR on fraudulent withdrawal of money from bank

Last Updated: Thursday, July 24, 2014, 21:38

The Indian Air Force has registered an FIR with the Delhi Police in connection with over 40 cases of fraudulent withdrawal of money from the State Bank of India accounts of its officers posted at the Air headquarters here.

Incipient recovery on anvil for India: SBI

Last Updated: Tuesday, July 22, 2014, 15:40

India's exports are expected to rise 12-13 percent in the second quarter of the current financial year.

United Bank to 'name and shame' wilful defaulters: Narang

Last Updated: Friday, July 18, 2014, 14:02

State-owned United Bank of India will soon embark upon process to 'name and shame' its wilful defaulters as part of its effort to recover dues.

Sriram, Kannan appointed SBI Managing Directors

Last Updated: Thursday, July 17, 2014, 22:37

State Bank of India (SBI) Thursday said it has appointed B Sriram and V G Kannan as Managing Directors and Group executives.

SBI sells NPA worth Rs 3,590 cr to ARCs last fiscal

Last Updated: Tuesday, July 15, 2014, 17:04

State Bank of India sold non-performing assets worth Rs 3,590 crore to various asset reconstruction companies (ARCs) during 2013-14.

Tamil Nadu: Fire in old building housing SBI under control

Last Updated: Saturday, July 12, 2014, 19:50

A fire broke out this afternoon in the second floor of an old building here, which housed the State Bank of India, police said.

SBI ATM lifted from kiosk, money looted in Assam

Last Updated: Tuesday, July 08, 2014, 13:23

A State Bank of India`s ATM was uprooted from its kiosk and Rs 5.38 lakh were looted from it by robbers in Kamrup (Rural) district, police said on Tuesday.

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).

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 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 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.