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Business News on State Bank of India
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Fiscal situation likely to be better in 2012: SBI Head 

2.33 pm | 31 Dec 2011 |  Source: CNBC-TV18

While every macro economic parameter is looking difficult, perhaps the most important one will be growth. CNBC-TV18 catches up with the chairman of th...

SBI CFO says capital infusion soon 

11.16 am | 30 Dec 2011 |  Source: Reuters

State Bank of India, the country's largest lender, expects the government to inject capital any time, Chief Financial Officer Diwakar Gupta said on Fr...

AI to issue Rs 7500cr worth of shares to its bankers 

7.36 pm | 29 Dec 2011 |  Source: PTI

A proposal to issue preferential shares worth Rs 7,500 crore to Air India's lenders was approved by its Board today, as the national carrier saw signi...

2012: Year of savings rate war? 

11.24 am | 24 Dec 2011 |  Source: Moneycontrol.com

The year 2011 marked the beginning of a savings rate war with private sector lender, YES Bank leading the pack. Savers can now earn as high as 7% inte...

Credit growth continues to be moderate: SBI 

1.18 pm | 23 Dec 2011 |  Source: CNBC-TV18

In an interview to CNBC-TV18, Diwakar Gupta, chief financial officer of SBI says, credit growth continues to be moderate. “SBI will end up somewhere c...

Banks are trying to help Kingfisher: SBI chief 

9.28 pm | 19 Dec 2011 |  Source: Reuters

The lenders to struggling Kingfisher Airlines are trying to help it and are open to extending further loans to the carrier, said the leader of a conso...

Kingfisher grounds 15 planes; banks working with airline 

12.51 pm | 19 Dec 2011 |  Source: Reuters

Beleaguered Kingfisher Airlines has grounded 15 planes in its fleet as it battles a prolonged cash crunch, a company executive told Reuters, as banks ...

Worst of the NPAs are behind us, says SBI Chairman 

7.30 pm | 14 Dec 2011 |  Source: CNBC-TV18

The Reserve Bank of India (RBI) is likely to take a pause in its rate hiking spree, believes State Bank of India (SBI) chairman Pratip Chaudhuri. ...

IOC tops Fortune India 500 list; RIL at second spot 

7.36 pm | 12 Dec 2011 |  Source: PTI

State-run Indian Oil Corp has emerged as the country's biggest company in terms of annual revenue, followed by Mukesh Ambani-led private sector giant ...

SBI beings operations in Qatar 

5.00 pm | 12 Dec 2011 |  Source: PTI

The nation's largest lender, the State Bank of India has commenced operations in Qatar by opening a branch in the Qatar Financial Centre, Doha. Establ...

AI goes for leaseback option for Boeing Dreamliners 

7.55 pm | 29 Nov 2011 |  Source: PTI

A day after its lenders approved its debt restructuring plan, Air India today decided to go in for sale-and-leaseback option for Boeing 787 Dreamliner...

Confident of capital infusion this fiscal, says SBI 

5.22 pm | 25 Nov 2011 |  Source: CNBC-TV18

Even though the government has not mentioned any plans of bank recapitalization yet, State Bank of India is confident of getting the necessary capital...

SBI hikes NRE deposit rates by 100 bps 

4.01 pm | 25 Nov 2011 |  Source: Moneycontrol.com

Following RBI’s decision to hike the ceiling of non-resident deposits earlier this week, India’s largest lender State Bank of India (SBI) on Friday hi...

Scrapping pre-payment charges won't impact much: SBI 

12.39 pm | 25 Nov 2011 |  Source: CNBC-TV18

State Bank of India has decided to abolish pre-payment charges on home loans. A Krishna Kumar, managing director of State Bank of India says, it will ...

SBI abolishes penalty on pre-payment of housing loans 

3.36 pm | 24 Nov 2011 |  Source: PTI

Country's largest lender State Bank of India (SBI) has decided to abolish pre-payment charges on home loans, giving some succour to borrowers who want...

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