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Business News on State Bank of India
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'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...

Key trade, biz announcements during China Xi's India visit

8.30 am | 19 Sep 2014 |  Source: Reuters

The world's two most populous nations used the summit to sign agreements to boost their commercial and trade ties, even as a dispute over their shared...

Expect better Q2, CV loan demand to pick up in Q4: IndusInd 

10.33 am | 17 Sep 2014 |  Source: CNBC-TV18

In an interview to CNBC-TV18, Romesh Sobti, MD and CEO of IndusInd Bank said there has been marginal improvement in CV disbursements....

Interest rates to soften by year end: BoB 

11.31 am | 16 Sep 2014 |  Source: CNBC-TV18

In an interview to CNBC-TV18, Ranjan Dhawan, ED, Bank of Baroda (BoB) said that there is no knee-jerk reaction to SBI's rate cut because the bank had ...

After SBI, PNB likely to revise deposit rates in 15 days 

9.34 am | 16 Sep 2014 |  Source: CNBC-TV18

The credit growth of PNB is around 13 percent currently and is expected to touch 15 percent by the end of FY15. ...

Chances of sub-15% credit growth by FY15-end slim: HDFC 

9.09 am | 16 Sep 2014 |  Source: CNBC-TV18

Keki Mistry, vice-chairman and chief executive officer of HDFC says in another quarter or two, credit growth will take off. Traditionally, credit offt...

SBI cuts deposit rates for 1-3 yrs to 8.75% from 9% 

8.50 am | 16 Sep 2014 |  Source: CNBC-TV18

In an interview to CNBC-TV18, SBI Chairman Arundhati Bhattacharya said the availability of liquidity is the reason for a revision in rates...

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