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State Bank of India

02 Jan 2017

See normalcy in banking system by February-end: SBI Chairperson

After a New Year gift of 0.9 percentage point cut in lending rates, State Bank of India (SBI) Chairperson Arundhati Bhattacharya on Monday said she saw normalcy return to the banking system by end-February or March, with uptake in credit growth.

01 Aug 2016

Inflation to ease with monsoon impact on veggie prices: SBI

SBI Chairperson Arundhati Bhattacharya on Monday said the progress of monsoon has been normal and inflation will cool down once the rainfall gets factored into the vegetable prices.

05 Jul 2015

Low inflation offers scope of RBI rate cut to boost growth: SBI

"With ebbing inflationary pressures there may be further scope for monetary stimulus to pump up domestic demand," SBI Chairperson Arundhati Bhattacharya said.

01 Jul 2015

SBI plans massive branch overhaul; to focus on digital banking

"The entire SBI branch network is undergoing a transformation. There will be changes in the branch location as well as depending on where the habitation is moving.

13 Feb 2015

SBI looking at selling stakes in insurance subsidiaries

State Bank of India on Friday said it is keen on selling some of its stake in insurance subsidiaries and is in talks with respective joint ventures for the same.

13 Feb 2015

SBI not looking at merger of associate bank: SBI Chairperson

"At this point, we are not looking at anything (merger of one of the associate banks), immediately," Bhattacharya told reporters here.

01 Feb 2015

PSU banks should be allowed to recruit from IITs, IIMs: SBI

"The public money goes into formation of the institutions like IITs and IIMs. From all of these good institutions, which nurture the best talents of the country, the public sector banks are barred from recruitment," SBI chairperson Arundhati Bhattacharya said at a recent event.

public sector banks

11 Dec 2014

Public sector banks may issue equity with differential voting rights: SBI

With the government indicating that it won't continue to fund public sector banks (PSBs), SBI chairperson Arundhati Bhattacharya on Thursday said they could look at issuing shares with differential voting rights to raise funds to meet the Basel-III capital adequacy norms.

11 Dec 2014

SBI's Arundhati Bhattacharya proposes differential voting rights

State Bank of India (SBI) chairman Arundhati Bhattacharya on Thursday proposed differential voting rights for meeting additional capital requirements.

07 Dec 2014

SBI to take final call on $1 billion loan to Adani in 3 months

SBI had last month signed the pact with Adani Group on the sidelines of Prime Minister Narendra Modi's visit to Australia.

05 Oct 2014

SBI to have dedicated SME branches to increase coverage

The bank has already done pilot projects in Mumbai and Delhi and will soon roll out in other parts.

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