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  SBI to cut interest rate based on evolving circumstances: Arundhati Bhattacharya

  March 04, 2015 14:12 IST

  Mumbai: India's largest mortgage lender State Bank of India (SBI) would decide on reducing its interest rates on the basis of emerging circumstances.Welcoming the Reserve Bank of India (RBI) decision to cut its key lending

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

  February 01, 2015 13:17 IST

  Mumbai: The country's largest lender, SBI has said that public sector banks should be given an opportunity to tap the best talent from premier institutes like IITs and IIMs."The public money goes into formation of

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  Lending rates can be cut when credit picks up: SBI chief

  December 10, 2014 8:11 IST

  Mumbai: State Bank of India (SBI) chief Arundhati Bhattacharya has said the cut in lending rates can only happen when credit picks up."What the banks are waiting for is a little bit more of a

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  RBI keeps key rates unchanged

  December 02, 2014 12:07 IST

  New Delhi: As expected, the Reserve Bank of India on Tuesday kept key rates unchanged on Tuesday, staying focused on containing inflation, while adopting a more dovish tone in response to the government's call for

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  RBI unlikely to cut interest rates in Dec policy review: SBI chief

  November 21, 2014 7:41 IST

  New Delhi: Ahead of the monetary policy review, State Bank of India (SBI) Chairperson Arundhati Bhattacharya on Thursday said RBI may leave interest rate unchanged in the next review but could soften its stance by

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  SBI's Bhattacharya most powerful Indian woman in biz: Fortune

  November 09, 2014 17:11 IST

  New Delhi: State Bank of India (SBI) Chairperson Arundhati Bhattacharya has been ranked as the most-powerful woman in business in India by Fortune Magazine.Bhattacharya is followed by ICICI Bank's Chanda Kochhar and Shikha Sharma of

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  SBI tops mobile banking chart with 50% market share

  September 18, 2014 20:48 IST

  Mumbai: Largest lender State Bank of India has emerged as the leader in mobile banking with 50 per cent market share in this segment.“SBI, with over 1.15 crore registered mobile banking customers, has become the

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  Coal blocks allocation: SBI says has Rs 4,000-crore exposure

  September 09, 2014 21:49 IST

  Mumbai: Country's largest lender SBI, which has Rs 4,000-crore exposure to coal mines, today said the banking system is unlikely to take a hard knock even if the Supreme Court cancels all the 218 coal

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  Not looking at setting up SPV for raising capital from mkt: SBI

  May 18, 2014 17:38 IST

  New Delhi: Country's largest bank SBI has said that it is not looking at setting up a special purpose vehicle (SPV) for its real estates, an option being considered by the Finance Ministry as a

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  SBI to sell bad loans of Rs 3000 crore this fiscal

  March 22, 2014 17:25 IST

  Jamshedpur: Country's largest lender the State Bank of India (SBI) will sell bad loans amounting to Rs 3,000 crore in the last quarter of the ongoing fiscal, the top official of the bank said here

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  SBI MF opens 51 branches in non-metro and small cities

  January 28, 2014 16:18 IST

  Mumbai: SBI Mutual Fund on Monday opened 51 branches at one go in non-metro and smaller centres spread across 23 states and one Union Territory to garner investible surplus available in such areas. These branches

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  SBI plans around Rs 9,000 cr QIP issue

  November 13, 2013 21:41 IST

  Mumbai: The country's largest lender State Bank of India today said it has sought government approval to raise Rs 8,000-9,000 crore through the qualified institutional placement (QIP) by the end of the current fiscal.“We are

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  SBI posts worst quarterly profit in 2 years; net plunges 35 pc

  November 13, 2013 20:52 IST

  Mumbai: State Bank of India today reported its worst quarterly profit in over two years with a sharp 35 per cent drop in earnings at Rs 2,375 crore in the three months to September, hit