8 hrs ago
SBI Life aims 35pc growth in FY15
SBI Life Insurance, a 74:26 joint venture between State Bank of India and BNP Paribas' Cardiff, is aiming at 35 per cent growth in business in FY'15.
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12 hrs ago
Fire in Chennai bank
A fire broke out in a building housing a State Bank of India branch here Saturday but was brought under control and no one was injured, a fire service personnel said.
Mon Jul 07, 2014
Ailing Incab courts hope in Delhi
Fingers crossed. Jamshedpur is eagerly anticipating Tuesday's hearing in Delhi High Court on the ailing Incab Industries Limited and hoping that it ends the company's 14-year-old standstill.
Sun Jul 06, 2014
RBI initiates swap of old gold with new one
The Reserve Bank has undertaken an excercise to swap old gold in its reserves with a new one with a view to standardise the yellow metal stock.
Thu Jul 03, 2014
State Bank of India, Accenture team on technology
The bank engaged US consulting and IT firm Accenture to develop the digital business strategy for its branch programme, which it said features a range of advanced digital banking capabilities, including instant account opening with personalized debit cards, instant loan approvals for car and home loans and remote expert advisors available via video ... (more)
Tue Jul 01, 2014
Aiming to trim financial burden SBI to open 5K new ATMs
Even as the uncertainty over chargingusers for ATM transactions continues, nation's largest lender State Bank of India today said it will be launching up to 5,000 new ATMs this fiscal.
State Bank of India Launches New Digital Online and Self-Service...
State Bank of India , the nation's largest bank, has launched six digital branches across the country, as part of a pioneering program to offer next generation banking solutions to India's growing mobile phone and internet-savvy customer base.
Mon Jun 30, 2014
Man shot dead, Rs.18 lakh looted
Robbers gunned down an accountant of a private firm here Monday and looted Rs.18 lakh the man was carrying to deposit in a bank, police said.
Sat Jun 28, 2014
Bank tip on gold use
Mumbai, June 28: Two of the country's biggest state-run lenders - the State Bank of India and Bank of Baroda - today pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio or statutory liquidity ratio , both of which banks consider as non-productive.
Mon Jun 23, 2014
Union Bank of India Opens Antwerp Branch
Mumbai-based Union Bank of India has opened a branch in Antwerp to provide funding for diamond industry, Bloomberg reported.
Sun Jun 22, 2014
Banks put Rs 21k-cr NPAs on block in 3 months
The country's largest bank, State Bank of India , has identified Rs 4,288 crore of non-performing assets to be sold to asset reconstruction companies , while Central Bank of India will sell Rs 3,047 crore and Bank of India Rs 2,492 crore worth of NPAs.
Wed Jun 18, 2014
Bank heist in Bokaro
Bokaro SP Jitendra Singh at SBI's Chira Chas branch in Bokaro on Wednesday. Picture by Pankaj Singh Armed criminals cleaned out Rs 6 lakh in cash from the Chira Chas branch of State Bank of India, 2km away from Bokaro steel city, on Wednesday afternoon.
Tue Jun 17, 2014
Rajan junks watchdog reforms
Mumbai, June 17 : Reserve Bank of India governor Raghuram Rajan today slammed the move to foist a system of judicial oversight over financial services regulators - a recommendation that was made last year by the Financial Services Legislative Reforms Commission headed by retired Justice B.N. Srikrishna.
SBI giving final shape to its monthly manufacturing index
Country's largest lender State Bank of India today said it was in the process of launching its monthly Manufacturing Index.
India prepared to deal with external shocks: Raghuram Rajan
Mumbai, June 17 : India is prepared to deal with any external shocks arising out of the escalating tensions in Iraq, Reserve Bank of India Governor Raghuram Rajan said Tuesday.