SBI
State Bank of India raises Rs15,000 cr in India's largest QIP
06 Jun 2017
NPA-laden SBI has so far raised over Rs30,000 crore from government contributions and qualified institutional placement of shares over the last three years
SBI picks 6 banks to manage Rs15,000-cr share sale
26 May 2017
Cash-strapped SBI also put up assets worth over Rs1,471 crore, including a Rs807-crore loan account of Kolkata-based Adhunik Power and Natural Resources Ltd and equity worth close to Rs200 crore
SBI slaps Rs25 levy on e-wallet ATM withdrawal, hikes service charges
12 May 2017
A narrowing of interest rate spread is forcing the country’s top lender to look at other sources to boost revenue
SBI slashes affordable home loan rate to 8.35% for women
08 May 2017
For male borrowers, the limited period offer for affordable housing loans, which is valid till 31 July, there will be a 20 bps reduction to 8.40 per cent
SBI to hike stake in SBI card to 74% as GE Capital seeks exit
29 Mar 2017
The SBI board has approved hike of the bank's stake in its two credit card joint ventures with General Electric Company to 74 per cent
SBI to stay trim post-merger to cut costs
27 Mar 2017
SBI plans to shut down 47 per cent of associate banks' offices post-merger and reduce its workforce by 10 per cent over the next two years
Bharatiya Mahila Bank tobe merged with SBI
21 Mar 2017
SBI, associate banks merger to start on 1 April
24 Feb 2017
The merger of all the five associate banks will raise SBI’s combined asset base to over Rs3,200,000 crore and place it among world’s top 50 banks
Cabinet gives go-ahead for SBI’s acquisition of subsidiary banks
15 Feb 2017
However, the merger, which will create a banking behemoth, does not include Bharatiya Mahila Bank as earlier proposed
SBI raises $500bn in 5-year bonds at 3.25%
18 Jan 2017
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