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State Bank of India News

News on State Bank of India (Ticker: 500112) continually updated from thousands of sources around the net.

17 hrs ago | Express India

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.

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Related Topix: Financial Services, Banking

Wed Jul 23, 2014

Indian Television

SBI selects Global Advertisers for outdoor promotion

MUMBAI: Global Advertisers has once again won the account of State Bank of India's outdoor mandate.

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Related Topix: Financial Services, Banking

Mon Jul 21, 2014

Mydigitalfc.com

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.

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Related Topix: World News, India, Banking, Financial Services

Sat Jul 19, 2014

Mydigitalfc.com

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.

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Related Topix: Financial Services, Banking

Mydigitalfc.com

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.

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Related Topix: Financial Services, Banking

Wed Jul 16, 2014

Express India

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.

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Related Topix: Financial Services, Banking

Express India

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.

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Related Topix: India, World News, Financial Services, Banking

Tue Jul 15, 2014

Business Insurance

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.

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Related Topix: Financial Services, Banking

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 .

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Related Topix: Banking, Financial Services

Sat Jul 12, 2014

Mydigitalfc.com

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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Related Topix: Financial Services, Banking

Nerve News

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.

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Mon Jul 07, 2014

The Telegraph

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.

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Related Topix: Financial Services, Banking

Sun Jul 06, 2014

DNA India

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.

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Related Topix: Financial Services, Banking

Thu Jul 03, 2014

M2.com

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)

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Related Topix: Consulting, Accenture, Banking, Financial Services, World News, India,

Tue Jul 01, 2014

Hindustan Times

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.

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Related Topix: Financial Services, Banking

Sys-Con Media

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.

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Related Topix: World News, India, Asia, Banking, Financial Services, Consulting, Accenture,

Mon Jun 30, 2014

Nerve News

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.

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Related Topix: Financial Services, Banking

Sat Jun 28, 2014

The Telegraph

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.

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