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Business News on State Bank of India
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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...

Kingfisher loan default only a 'trickle': Vinod Rai

4.08 pm | 14 Sep 2014 |  Source: PTI

“Stories of Kingfisher Airlines and Bhushan Steel are only now emerging in trickles. The amount that has gone into corporate debt restructuring is a...

Deloitte analyses RBI's wilful defaulter norms amendments 

4.20 pm | 11 Sep 2014 |  Source: CNBC-TV18

In an interview to CNBC-TV18's Ekta Batra, KV Karthik, Senior Director, Deloitte India gave his outlook on the RBI's tightening of wilful defaulter no...

Guarantors of defaulters at risk; SBI to target UB Holdings 

11.10 am | 11 Sep 2014 |  Source: CNBC-TV18

The Gujarat High Court on Wednesday had partially struck down the earlier RBI circular on wilful defaulters calling the restrictions imposed on direct...

SBI launches savings accounts for children

6.24 pm | 05 Sep 2014 |  Source: PTI

SBI introduced this products three months after the Reserve Bank issued guidelines allowing minors over 10 years to operate bank savings accounts inde...

Ashoka Buildcon sees FY16 order book growing to Rs 5k cr 

11.42 am | 03 Sep 2014 |  Source: CNBC-TV18

The stock price of Ashoka Buildcon has already doubled in 2014. According to brokerages, the company is likely to be a big beneficiary of the vast opp...

KFA case: Decoding implications of 'wilful defaulter' tag 

4.18 pm | 01 Sep 2014 |  Source: CNBC-TV18

United Bank has declared Kingfisher Airlines and its promoter Vijay Mallya as ‘wilful defaulter’. The bank is in the process of sending formal not...

United Bank declares Vijay Mallya as wilful defaulter 

2.20 pm | 01 Sep 2014 |  Source: PTI

The Kolkata-based bank is the first PSU lender to initiate the process of declaring Vijay Mallya and three other directors of the grounded Kingfisher ...

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