13 Aug 2016
Mumbai: India's largest public sector lender State Bank of India (SBI) on Friday reported a 32 percent fall in its standalone net profit to Rs 2,520.96 crore in the 2016-17 fiscal's first quarter ended June 30, compared with Rs 3,692.43 crore in the corresponding quarter last year.
12 Jan 2011
State Bank of India, the country's largest lender and telecom giant Bharti Airtel on Wednesday entered into a joint venture (JV) to make available banking services to the country's unbanked population.
20 May 2016
Mumbai: Nearly 50,000 employees of five associate banks of State Bank of India have gone on a day-long nationwide strike today to protest the proposed merger with their parent bank.
10 Jun 2016
New Delhi: SBI and Spain's CaixaBank have inked pact to provide loans to Indo-Spanish joint ventures and local enterprises here.
28 May 2016
Kolkata: Weighed down by bad loans, top lender SBI saw 66.2 percent plunge in net profit to Rs 1,264 crore as it more than doubled the provision for stressed assets in the fourth quarter of last fiscal ended March 31.
19 Feb 2016
New Delhi: Country's largest lender State Bank of India today said it has raised Rs 3,000 crore from bonds to fund business growth.
10 Mar 2016
New Delhi: Banking major SBI yesterday said its board has approved raising the remaining Rs 5,000 crore of the Rs 12,000-crore fund raising programme through private placement of Basel-III compliant debt instruments.
27 Jul 2016
Mumbai: State Bank on Monday launched a payment system at its ATMs which will allow the account holders transfer money using mobile phone number as identifier.
31 Mar 2016
New Delhi: State Bank of India revised lending rates based on marginal cost of funds, a new methodology that will take effect from tomorrow.