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STATE BANK OF INDIA NEWS IN ENGLISH

  • State Bank of India

    SBI clears merger of five associate banks, Bharatiya Mahila Bank with itself

    August 19, 2016 10:56 IST

    In a bid to create global size bank, the Board of State Bank of India (SBI) has approved the merger of five associate lenders and Bharatiya Mahila Bank (BMB) with itself.

  • SBI PO mains results 2016

    SBI PO Main Exam 2016: Check Here

    India | August 16, 2016 12:43 IST

    The State Bank of India (www.sbi.co.in) is most likely to release SBI PO mains results 2016 / SBI Probationary Officers main result 2016 today. The candidates can check the result on SBI’s official website - sbi.co.in

  • sbi to recruit 2 000 probationary officers

    SBI to recruit 2,000 Probationary Officers

    India | April 15, 2015 13:32 IST

    New Delhi: State Bank of India (SBI), the country's largest lender, is looking for potential candidates to fill up posts of Probationary Officers (PO).The public sector bank is searching nearly 2,000 candidates for the post. Aspirants

  • sbi cuts home loan interest rate by up to 0.25 pc

    SBI cuts home loan interest rate by up to 0.25 pc

    April 12, 2015 19:06 IST

    New Delhi: Matching its competitor HDFC Ltd, State Bank of India today announced a cut in home loan rate by up to 0.25 per cent, providing relief to new borrowers.The cut in interest rate on

  • sbi to divest 10 in life insurance venture

    SBI to divest 10% in life insurance venture

    March 31, 2015 16:12 IST

    New Delhi: State Bank of India has received board approval to divest up to 10 per cent of its stake in SBI Life Insurance. SBI Life is a 74-26 JV between SBI and BNP Cardif with

  • indian origin banker jailed for voyeurism in singapore

    Indian origin banker jailed for voyeurism in Singapore

    March 25, 2015 14:07 IST

    Singapore: A 32-year-old Indian banker in Singapore has been jailed for eight weeks on charges of voyeurism, including taking upskirt videos of women for over two years.Maha Vignesh Velippan, a former executive at State Bank

  • did pm modi stop sbi from launching islamic fund

    Did PM Modi stop SBI from launching Islamic fund?

    Politics | March 21, 2015 16:51 IST

    New Delhi:  India's largest public sector bank State Bank of India (SBI) has decided to put off the launch of a Shariah-compliant equity mutual fund.Dinesh Kumar Khara, managing director and CEO of SBI Mutual Fund,

  • sbi to turn down adani s 1 billion australian loan request

    SBI to turn down Adani's $1 billion Australian loan request: Report

    March 13, 2015 23:07 IST

    State Bank of India (SBI) is preparing to turn down a $1 billion loan request from Adani Enterprises, intended for a $7 billion coal project in Australia, rejecting a preliminary deal signed last year.The sources

  • sbi eases personal loans for existing home loan customers

    SBI eases personal loans for existing home-loan customers

    March 12, 2015 13:54 IST

    New Delhi:  There is good news for all the existing home loan customers of State of Bank of India.As per the latest bonanza offered by bank they can take personal or top up loans at

  • sbi hints at launching rs 15 000 cr qip issue anytime

    SBI hints at launching Rs 15,000-cr QIP issue œanytime

    March 05, 2015 11:31 IST

    Mumbai: State Bank of India (SBI) today hinted that its biggest share sale issue, which may fetch a whopping Rs 10,000-15,000 crore, may hit the markets “anytime”.The nation's largest lender said it has all the

  • state bank of india s third quarter net profit jumps 30 to

    State bank of India's third quarter net profit jumps 30% to Rs 2,910 crore

    February 13, 2015 13:57 IST

    New Delhi: The country's largest public sector lender State Bank of India (SBI) today reported over 30% jump in net profit at Rs 2,910 crore for the third quarter ended December 2014 on the back

  • sbi inks 100 mn euro loan pact with european bank

    SBI inks 100 mn euro loan pact with European bank

    January 24, 2015 7:46 IST

    Mumbai: State Bank of India (SBI) has signed a loan agreement for 100 million euro (about Rs 700 crore) with European Investment Bank for lending to private businesses in the country.This is the third tranche

  • govt offices to be closed early on jan 25 29

    Govt offices to be closed early on Jan 25 & 29

    India | January 23, 2015 18:32 IST

    New Delhi: Central government offices in and around North and South blocks will be closed early on Sunday and Thursday for making arrangements for the Republic Day parade and Beating Retreat ceremony.As many as 71

  • sbi has highest number of branches based at rented locations

    SBI has highest number of branches based at rented locations

    December 22, 2014 10:06 IST

    New Delhi: The country's largest bank State Bank of India (SBI) has the highest number of branches running from rented facilities among public sector banks.A total 85,356 branches of all public sector banks were running

  • lending rates can be cut when credit picks up sbi chief

    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

  • sbi card launches co branded card with future group

    SBI Card launches co-branded card with Future Group

    December 04, 2014 8:44 IST

    New Delhi: SBI Card has launched a co-branded credit card with Fashion at Big Bazaar (fbb), the fashion destination of the Future Group, offering 10 per cent discount on fashion apparel.The co-branded Styleup Card will

  • sbi not likely to make aggressive festival offers

    SBI not likely to make aggressive festival offers

    September 28, 2014 12:19 IST

    Mumbai: A slowdown in credit pick up from corporates may prevent country's largest lender State Bank of India from announcing aggressive festive season offers for loan seekers, a top official has said."You need to subsidise

  • i work harder than many half my age vidya stokes at 86

    I work harder than many half my age: Vidya Stokes at 86

    Politics | July 17, 2014 14:14 IST

    Shimla: At 86-years-young, there's nothing to stop Congress veteran and Himachal Pradesh's senior minister Vidya Stokes. As the No.2 in the state cabinet, she spends most of her time in office but has no desire

  • process of recovery of dues from kingfisher on state bank

    Process of recovery of dues from Kingfisher on: State Bank of India

    April 26, 2014 23:35 IST

    Bangalore: State Bank of India (SBI) chairperson Arundhati Bhattacharya today said the process of recovery of dues from Vijay Mallya-promoted Kingfisher Airlines is going on, “but there are legal challenges.”“Kingfisher is currently a non-operative account

  • state bank of india q3 net profit dips 34 to rs 2 234 crore

    State Bank of India Q3 net profit dips 34% to Rs 2,234 crore

    February 14, 2014 17:15 IST

    New Delhi: State Bank of India (SBI) has reported a 34 per cent decline in net profit to Rs 2,234.34 crore for the third quarter ended December 31, 2013, on account of higher provisioning for

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