26 Mar 2015
New Delhi: State Bank of India (SBI) on Thursday said it will dilute its stake in its general insurance venture SBI General to 49 percent in favour of its foreign partner, with the enactment of insurance legislation.
25 Mar 2015
Mumbai: Indian markets on Wednesday fell for the sixth day on the trot with benchmark Sensex falling by about 50 points to end at over nine-week low of 28,111.83 on losses in PSU bluechips including NTPC, GAIL, Coal India and SBI.
10 Mar 2015
Mumbai: With bad loans continuing to be a problem, ICICI Bank is reportedly planning to re-start a special vertical to handle such assets.
17 Mar 2015
Mumbai: Drugmaker Sun Pharma on Tuesday surpassed top lender SBI in terms of market capitalisation, becoming the eight most valued listed company in the country.
12 Mar 2015
MUMBAI: India's largest bank, SBI will hold a record online auction this weekend to sell repossessed flats, warehouses and offices worth a total of nearly $200 million as the state lender seeks to chip away at its $10 billion mountain of bad debt.
17 Mar 2015
New Delhi: The SBI Composite Index, an indicator for tracking India's manufacturing activity, has shown a significant growth in output both in terms of month-on-month and yearly basis in March.
16 Mar 2015
Mumbai: A clutch of financial institutions, including SBI, LIC and HDFC, have showed double digit growth in terms of advance tax payments for March quarter, say industry sources.
11 Mar 2015
Mumbai: State Bank of India has sold 4 percent stake in the largest credit information company Credit Information Bureau India Ltd (Cibil) for an estimated Rs 72 crore.
05 Mar 2015
Mumbai: State Bank of India (SBI) hinted that its biggest share sale issue, which may fetch a whopping Rs 10,000-15,000 crore, may hit the markets "anytime".
26 Feb 2015
New Delhi: State Bank of India (SBI) on Thursday received shareholders' approval for raising Rs 15,000 crore through a public offer, including a rights issue, to fund business and meet global capital adequacy norms.