17 hrs ago
Raghuram Rajan's RBI likely to maintain status quo in Aug policy, says SBI chief
State Bank of India Chairperson Arundhati Bhattacharya today said Raghuram Rajan-led Reserve Bank of India is likely to keep interest rate intact in its upcoming monetary policy review next month.
Wed Jul 23, 2014
SBI selects Global Advertisers for outdoor promotion
MUMBAI: Global Advertisers has once again won the account of State Bank of India's outdoor mandate.
Mon Jul 21, 2014
Kingfisher Airlines withdraws its plea in SC
Kingfisher Airlines today withdrew in Supreme Court its appeal against Karnataka High Court's verdict allowing consortium of banks led by SBI to take possession of its prestigious property Kingfisher House in Mumbai.
Sat Jul 19, 2014
SBI chief flags off home loan on wheels in city
State Bank of India has undertaken today a campaign "home loan on wheels", with its chairperson Arundhati Bhattacharya flagging off first two vans here.
Draft Cab note for govt stake dilution in SBI nxt month:Sandhu
Finance Ministry is likely to prepare draft cabinet note for government stake dilution in State Bank of India in August to enable it to raise capital for meeting Basel III norms.
Wed Jul 16, 2014
FIIs raise stake in bank stocks
FIIs' stake has risen the sharpest in Yes Bank from 37.98% from March quarter to 45.31% in June quarter.
SC stays Allahabad HC order against SBI Life
Summary In a relief to SBI Life Insurance, the Supreme Court has stayed the Allahabad High Court order that asked the Insurance Regulatory and Development Authority to scrutinise all policies of the private life insurer and direct discontinuation of its policies and winding up of its business if it detected any regulatory breaches.
Tue Jul 15, 2014
India: Bank lockers not covered under comprehensive bank insurance policies
Recently, a major fire broke out in a building housing a State Bank of India office on Rajaji Salai, raising questions about the safety of lockers.
Sun Jul 13, 2014
The Indian Express
State Bank of India on Tuesday said that it would add up to 5,000 ATMs in FY15.
Setting an example for other courts to nip plastic-money crime in the bud, the Delhi High Court directed the Delhi Police Commissioner to investigate an "ATM card cloning" matter in which the complainant lost more than $ 39 million .
Sat Jul 12, 2014
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.
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.