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State Bank of India
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Business News on State Bank of India
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Banks not expected to write down Air India loans: Official

2.36 pm | 08 Feb 2012 |  Source: Reuters

Banks are not expected to write down loans to cash-strapped Air India under a debt restructuring plan that was approved by a government panel on Tuesd...

SBI eyes higher profits in FY12, plans expansion abroad

7.32 pm | 07 Feb 2012 |  Source: PTI

Country's largest state-owned lender SBI today said its profit this fiscal will surpass that of last year, and announced plans to expand operations ov...

Appeal of AI deal depends on rates offered by govt: SBI 

3.55 pm | 07 Feb 2012 |  Source: CNBC-TV18

The appeal of Air India’s new debt restructuring package depends on the interest rates the government provides, says deputy managing director of SBI, ...

Implicationof 2G judgement on banks 

5.02 pm | 02 Feb 2012 |  Source: PTI

The Finance Ministry is working out the financial implication of the Supreme Court judgement to cancel 122 telecom licences on the banking sector....

SBI says funded exposure of Rs 1100 cr to telecom sector 

2.37 pm | 02 Feb 2012 |  Source: CNBC-TV18

In an interview to CNBC-TV18, Santosh Nair, Deputy Managing Director of SBI, "This is basically guarantees issued for the license; if the licenses are...

State Bank of India not worried about telco exposure 

12.42 pm | 02 Feb 2012 |  Source: Reuters

State Bank of India (SBI), the country's top lender, is not worried about loans to telecom companies, whose licences have been cancelled, going bad as...

SBI may cut interest rate to boost credit 

1.32 pm | 01 Feb 2012 |  Source: PTI

Country's largest lender State Bank of India (SBI) is "keen" to cut interest rates in order to boost credit expansion, a top bank official said today....

State Bank of India to get Rs 7900 crore from govt 

9.27 am | 31 Jan 2012 |  Source: Reuters

State Bank Of India, the country's top lender, said it will receive about Rs 7900 crore (USD 1.6 billion) from the government through a preferential a...

SBI may return to overseas markets 

4.52 pm | 27 Jan 2012 |  Source: Reuters

State Bank of India , the country's biggest lender, said it could revive international fundraising plans in 3-4 months, in a sign it believed the euro...

CEO Spotlight: Engineer-turned-banker Sobti's journey 

5.46 pm | 20 Jan 2012 |  Source: Moneycontrol.com

An obedient son of an army officer, he enrolled for an engineering course in deference to his father’s wish. But after completing that, he opted for a...

Budget 2012: What bankers want! 

5.05 pm | 19 Jan 2012 |  Source: CNBC-TV18

Representatives of banks and financial institutions presented their budget wishlist today. Top demands include STT reduction and tax exemptions for no...

Comfort level with Air India 'complete and total': SBI 

1.56 pm | 19 Jan 2012 |  Source: Reuters

The comfort level of lenders with Air India is "complete and total," Pratip Chaudhuri, chairman of State Bank of India, the leader of the consortium o...

Capital infusion to be done before FY12 end: SBI 

9.31 am | 17 Jan 2012 |  Source: CNBC-TV18

In an interview with CNBC-TV18, Diwakar Gupta, CFO of SBI spoke about the banking major’s rights issue for which they have got a green flag from the g...

Banks to decide if KFA deserves working loan tomorrow: SBI 

9.00 pm | 16 Jan 2012 |  Source: CNBC-TV18

State Bank of India's chairman Pratip Chaudhuri said it was a matter of concern that Kingfisher Airlines is in the non-performing asset (NPA) category...

Govt to infuse Rs 6000cr in SBI via pref issue: Chaudhuri 

3.02 pm | 11 Jan 2012 |  Source: PTI

The government has agreed to infuse fresh capital into State Bank of India through a preferential issue and the country's largest lender will be getti...

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