16 hrs ago
4 reasons why Sensex SANK below 20,000
The Nifty posted its biggest percentage fall in a year on Thursday, as the prospect of an end to the US stimulus programme and a weak China manufacturing survey sparked concerns foreign investors would end their recent buying spree.
19 hrs ago
The Indian Express
NSE Nifty falls by most in a year on Fed, China concerns
The BSE benchmark Sensex today lost 388 points to fall below 20,000 level on disappointing March quarter earnings from state-run lender State Bank of India, amid weak global trend after US Federal Reserve hinted at scaling down monetary stimulus.
State Bank of India Q4 net profit falls, shares drop
State Bank of India, the country's largest lender, posted its first quarterly net profit drop in two years, missing market estimates after being dragged down by lower interest income and higher provisions for loan losses.
Sun May 19, 2013
Tata zoo to get new OT
Jamshedpur, May 18: The next time a big cat needs a surgery at Tata Steel Zoological Park, the vet will not have to sweat it out.
Sat May 18, 2013
RBI Or SEBI Should Create Awareness Against Ponzi Schemes: SBI
Kolkata: In the backdrop of the chit fund scam, the State Bank of India today said Reserve Bank of India or Securities and Exchange Board of India should take up major campaigns to create awareness among investors being lured to ponzi schemes.
Tue May 14, 2013
SNAPSHOT-India stocks, bonds, rupee, swaps, call at close
India's main share index ended up 0.16 percent, while the broader 50-share NSE index closed up 0.25 percent, as lenders such as State Bank of India and Axis Bank gained after the wholesale inflation index eased to its lowest in more than three years, spurring hopes the central bank would continue to cut rates.
BSE Sensex edges higher on easing inflation, SBI, Axis Bank shares soar
The BSE Sensex today closed 31 points up on funds buying in banking, especially SBI , Axis Bank, and healthcare stocks as inflation eased to over three-year low.
Mon May 13, 2013
Electronic Trade to Spur Mumbai Volume 20% Seoul's: India Credit
The debut of electronic trading in India 's corporate bonds seeks to expand volumes now 20 percent of those in South Korea and improve transparency amid global probes into manipulation of interbank markets.
The Indian Express
Its chairman will be with Sonia, so SBI puts ...
India's largest bank has postponed the publication of its annual financial results by a week because its chairman will be busy attending to Congress president Sonia Gandhi as she inaugurates 12 new branches of the bank in her constituency Rae Bareli on that day.
Fri May 10, 2013
SBI home loans grow by Rs 3000 crores per month, says Pratip Chaudhury
State Bank of India is expecting a growth of about 30 per cent in home loans after it brought down home loan rates to 9.95 per cent according to Chairman, Pratip Chaudhury.
Thu May 09, 2013
US row a minor regulatory issue, says SBI
MUMBAI: The State Bank of India on Thursday said it is confident of meeting the regulatory requirements at one of its US arms soon and also that it is working towards appointing more professionals, including banking secrecy executives, as desired by the regulators there.
UBS proposes independent campus, SBI chairman donates Rs 1 cr to alma mater
Alumnus of the University Business School , Panjab University , and State Bank of India chairman Pratip Chaudhuri on Thursday donated Rs 1 crore to his alma mater.
Wed May 08, 2013
SBI California ordered to clean up US operations
By Arun Kumar, Washington, May 8 : The California-based subsidiary of State Bank of India has agreed to take a series of steps to improve its banking practices related to bad loans following a review by US regulators.
Mon May 06, 2013
The Indian Express
Kingfisher Airlines assets worth Rs 1,000 crore sold: SBI
SBI today said the consortium of lenders has recovered Rs 800-1,000 crore and is making all efforts to recover the remaining dues from beleaguered Vijay Mallya-led Kingfisher Airlines.
Sbi Lic involved in money laundering Cobrapost
An online magazine 'Cobrapost' has accused the State Bank of India , the Life Insurance Corporation of India and various other banks and private insurers of indulging in money laundering.
Sat May 04, 2013
Times of Oman
Indian stocks end lower
Mumbai: Indian stocks fell from a three-month high, paring a weekly gain, as the central bank said there's "little space" for further monetary easing after cutting interest rates for a third straight policy meeting.
Fri May 03, 2013
Bankers Rule Out Slashing Lending Rates Post 0.25% Repo Cut
Mumbai: Bankers on Friday virtually ruled out slashing their lending rates, saying the 0.25 percent cut in repo rate by the Reserve Bank does not help them bring down their cost of funds, which is too high at present.
Thu May 02, 2013
Emerging Opportunities in Israel's Cards and Payments Industry - New Report
Currently there are five foreign banks in Israel: Citigroup, HSBC Holding, Barclays Bank, BNP Paribas and State Bank of India.
SNAPSHOT-India stocks, bonds, rupee, swaps, call at 0420 GMT
Indian shares gain, with the BSE index up 0.29 percent and the broader 50-share NSE index 0.35 percent higher.
Wed May 01, 2013
All of our steel sector accounts have become standard: SBI chief
Pratip Chaudhuri, Chairman of State Bank of India says the drift in the economy has ended and there are a number of signals to suggest that the economy will do better in 2013-14. In an interview to George Mathew, Chaudhuri says that the deterioration in the asset quality has stopped and the interest rate cycle is getting softer.