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Business News on State Bank of India
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Banks seek mechanism to ensure effective CDR process 

11.01 am | 23 May 2012 |  Source: CNBC-TV18

Top bankers in the country met on Monday to ensure that the mechanism of CDR is appropriately utilized for reviving the units which need help and reha...

SBI hikes rates by 75-175 bps in its FCNR and RFC deposits  

1.32 pm | 07 May 2012 |  Source: Moneycontrol.com

India’s largest lender by asset size, the State Bank of India on Monday hiked its interest rates on foreign currency and resident foreign currency d...

Axis, BoI, UCO among top loan recast candidates in April 

12.07 pm | 07 May 2012 |  Source: Moneycontrol.com

Lenders from both public and private sectors ranked higher in the two big loan restructuring cases referred to Corporate Debt Restructuring (CDR) cell...

Banks to restructure Rs 2 lakh cr loans by end-FY13: Crisil 

10.07 pm | 24 Apr 2012 |  Source: Moneycontrol.com

Asset quality concerns continue to haunt the Indian banking industry. The total amount of restructured loans during 2011-12 and 2012-13 is expected to...

SBI to cut loan rates to SMEs 

2.52 pm | 24 Apr 2012 |  Source: Reuters

State Bank of India is cutting its loan rates for small and medium enterprises by 1.5% to 2.0% points, Chairman Pratip Chaudhuri said, adding that the...

SBI may not cut base rate in near-term: Pratip Chaudhuri  

4.04 pm | 23 Apr 2012 |  Source: CNBC-TV18

In an interview to CNBC-TV18, Pratip Chaudhuri, chairman of SBI says, the bank is not looking at cutting base rate in the near-term. "Our current base...

SBI cuts term deposit rates across various tenures: MD 

3.43 pm | 23 Apr 2012 |  Source: CNBC-TV18

A Krishna Kumar, managing director, SBI says the bank has cut retail term deposit rates by 25-100 bps with effect from April 24 and the rate cut is ap...

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