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State Bank of India

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News on State Bank of India
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Eight of top 10 cos add Rs 66,708 cr in m-cap; RIL shines

12.52 pm | 26 Feb 2017 |  Source: PTI

Eight of the 10 most valued Indian companies together added Rs 66,707.68 crore in market valuation last week, with RIL emerging as the biggest gainer....

Indianomics: Using govt funds to clean up NPAs not preferable, says Shah 

9.56 pm | 24 Feb 2017 |  Source: CNBC-TV18

Non-performing assets (NPAs) of banks have shot up to 9.5 percent in the third quarter of this fiscal from 9.1 percent in the previous and 8.5 percent...

Fake notes raise concerns on banks' ATM cash management services

4.15 pm | 24 Feb 2017 |  Source: Moneycontrol.com

Another banking sector fraud with “Children Bank of India” substituting the Reserve Bank of India in the fake 2000 rupee notes dispensed by a Stat...

Watch: Diamond Financing 2017 

2.54 pm | 24 Feb 2017 |  Source: CNBC-TV18

Gem and Jewellery Export Promotion Council (GJEPC) in association with State Bank of India organised a finance summit on the theme Diamond Financing -...

Fin sector jobs to be lost to mergers, tech & cost pressures

2.30 pm | 24 Feb 2017 |  Source: Moneycontrol.com

After its associate banks are merged into the State Bank of India (SBI), about 200,000 jobs could be cut, said CH Venkatachalam, General Secretary, Al...

SBI to merge with associates from April 1

7.46 pm | 23 Feb 2017 |  Source: Moneycontrol.com

State Bank of India (SBI) will merge its five associate banks with itself from April 1, in the largest consolidation exercise in the banking history o...

SBI set to hire retired officials as concurrent auditors

3.33 pm | 23 Feb 2017 |  Source: Moneycontrol.com

Ahead of merger, State Bank of India (SBI) has called upon retired officers to become concurrent auditors with the bank to oversee compliance and risk...

Buy State Bank of India; target of Rs 315: Geojit Research

10.34 am | 23 Feb 2017 |  Source: Moneycontrol.com

Geojit Research is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 315 in its research report dated F...

IT ministry, UIDAI ask banks to move to Aadhaar Pay by March end

9.37 am | 23 Feb 2017 |  Source: Moneycontrol.com

The IT ministry and the Unique Identification Authority of India (UIDAI) has instructed all banks to move to Aadhaar Pay platform by March end. ...

Expect more deals with Indian companies this year: Microsoft 

9.15 pm | 22 Feb 2017 |  Source: CNBC-TV18

Speaking to CNBC-TV18, Bhaskar Pramanik, Chairman of Microsoft India, said the digital revolution in India is very real and not limited to technology ...

SBI examining notes at ATMs after fake currency report

8.32 pm | 22 Feb 2017 |  Source: Reuters

The State Bank of India said on Wednesday it is examining all currency notes at automated teller machines (ATMs) after media reports cited fake 2,000 ...

Buy Hindalco Industries, Tata Motors DVR: Ashwani Gujral 

1.53 pm | 22 Feb 2017 |  Source: CNBC-TV18

According to Ashwani Gujral of ashwanigujral.com, one can buy Hindalco Industries and Tata Motors DVR....

Buy State Bank of India, Petronet LNG, Apollo Tyres: Gujral 

1.26 pm | 22 Feb 2017 |  Source: CNBC-TV18

Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Petronet LNG and Apollo Tyres....

CNBC-TV18 Exclusive: Satya Nadella on Trump policies, how tech will change governance 

11.32 am | 22 Feb 2017 |  Source: CNBC-TV18

In a freewheeling exclusive interview with CNBC-TV18’s Shereen Bhan, Microsoft CEO Satya Nadella talked about a number of issues, including cloud an...

SBI chief, Tata Sons board members hail Chandrasekaran

8.54 am | 22 Feb 2017 |  Source: PTI

Talking to reporters after the first board meeting chaired by Chandra, Amit Chandra, who is on the board of Tata Sons and a trustee with Tata Trusts w...

SBI chief moots dedicated spectrum for financial transactions

7.40 am | 22 Feb 2017 |  Source: PTI

Bhattacharya also said though many telcos have their own payment banks it is not known how much importance they give to financial transactions....

Until bad loans are sorted, consolidation in PSBs will take time

4.56 pm | 21 Feb 2017 |  Source: Moneycontrol.com

Even as the government has approved State Bank of India’s (SBI) merger with its five subsidiaries, further consolidation in the public sector bankin...

Play safe; buy Lakshmi Vilas Bank & OBC: Prakash Diwan 

9.35 am | 21 Feb 2017 |  Source: CNBC-TV18

In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management shared his readings and outlook on specific stocks and sectors....

Further consolidation in PSU banks after improvement in NPA

7.40 am | 21 Feb 2017 |  Source: PTI

The government may not like to go in for further consolidation in public sector banks till the NPA situation improves, sources said....

Govt to rework its consolidation strategy: Sources 

10.27 pm | 20 Feb 2017 |  Source: CNBC-TV18

Government sources have told CNBC-TV18 that the government is rework its consolidation strategy and will not merge weak PSBs with bigger public banks....

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