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.
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.
17 Mar 2016
Mumbai: Lenders to long-grounded Kingfisher Airlines, owned by beleaguered businessman Vijay Mallya, today began auctioning the KFA headquarters - Kingfisher House - situated near the domestic airport here.
22 Mar 2016
New Delhi: The country's largest lender, SBI, today said it has raised Rs 500 crore from issue of bonds on a private placement basis.
16 Mar 2016
Mumbai: Public sector lender SBI has tie-up with taxi-aggregator Uber to provide instant vehicle finance to 'driver-partners' on the latter's platform.
20 Mar 2016
Ahmedabad: SBI Chairman Arundhati Bhattacharya said savings scheme interest rates must be seen in relation with the inflation.
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.
15 Dec 2015
Mumbai: Days after the Reserve Bank set March 2017 as the deadline for lenders for cleaning up balance sheets, top bankers today met Governor Raghuram Rajan to discuss a way out of the asset quality woes.
23 Feb 2016
New Delhi: The forthcoming Budget is likely to set out a clear agenda for revival of banking sector, including setting up of a 'bad bank' and an aggressive roadmap for recapitalisation, SBI Research said in a note yesterday.
05 Mar 2016
Bengaluru: The Debt Recovery Tribunal yesterday reserved its order on state-run SBI's application seeking securement of the lenders' first right on the USD 75 million payout from Diageo to UB Group promoter Vijay Mallya under a recent sweetheart deal.