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Business News on State Bank of India
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UCO Bank sends notices to Kingfisher Airlines, another firm

4.14 pm | 31 Oct 2014 |  Source: PTI

The source said the letter sought to explain the reasons behind identifying the two firms as `wilful defaulters', adding that time had been given to t...

Examining legal implications involved in Airbus issue: UBI 

12.04 pm | 29 Oct 2014 |  Source: CNBC-TV18

Discussing the latest developments, Deepak Narang, ED, United Bank of India, said the bank had given money to Airbus on behalf of Kingfisher and its u...

SBI home loans at Rs 188 cr a day; targets Rs 250 cr

1.38 pm | 26 Oct 2014 |  Source: PTI

Country's largest lender State Bank of India has set an ambitious target of disbursing Rs 250 crore of home loans every day during the ongoing festive...

'SBI growing with India-Singapore trade'

3.55 pm | 13 Oct 2014 |  Source: PTI

The year-long celebrations were launched by External Affairs Minister Sushma Swaraj and Singapore's Foreign Minister K Shanmugam here on August 16, 20...

PNB cuts term deposit rates for up to 1 year to 8.5% 

11.56 am | 10 Oct 2014 |  Source: CNBC-TV18

In an interview to CNBC-TV18, KR Kamath, CMD, PNB, said the liquidity available in the system is enough to meet credit demand, however the rate cut in...

SBI cuts short-term deposit rates to 6%

9.27 am | 01 Oct 2014 |  Source: PTI

In an exchange filing on Tuesday, the banking giant said it has reduced the pricing of short-term deposits of below Rs 1 crore to 6 percent from 7 per...

S&P raises outlook of 11 FIs;maintains -ve for Syndicate Bk

10.05 pm | 26 Sep 2014 |  Source: PTI

The ratings on Syndicate continue to reflect the 'very high' likelihood of government support for the bank and the bank's average domestic business fr...

SC coal ruling: SBI certain Rs4k cr exposure won't turn bad 

10.07 am | 26 Sep 2014 |  Source: CNBC-TV18

Arundhati Bhattacharya, chairman of SBI does not see loans extended to power plants turning into bad loans. "Have to see what coal linkages these comp...

'SBI has exposure of Rs 4,130cr in cos hit by coal order'

7.35 pm | 25 Sep 2014 |  Source: PTI

The SBI chief, however, said that it would impact the margin of power plants. So, to that extent whatever is the margin that will determine what will ...

Supreme Court coal ruling: Who gets hit, who doesn't

4.00 pm | 24 Sep 2014 |  Source: Moneycontrol.com

SC accepted CAG's estimate that there was loss of Rs 295 per mega tonne due to the non-operation of the mines. ...

IFCI to partially offload stake in Tourism Finance Corp

7.41 pm | 22 Sep 2014 |  Source: PTI

IFCI, which is a promoter group entity in Tourism Finance Corp, holds 42.5 percent stake in the latter....

Eight Indians in Fortune list of Powerful A-Pac Women

8.37 am | 22 Sep 2014 |  Source: PTI

ICICI Bank chief Chanda Kochhar has been ranked second across the region, while three others - SBI's Arundhati Bhattacharya (4th), HPCL's Nishi Vasude...

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