SBI first-quarter net profit falls 20.4% to Rs2,006 cr

12 Aug 2017

Profit on the consolidated banks' accounts rose 435 per cent to Rs2,006 crore, from Rs374 crore net a year earlier, chairman Arundhati Bhattacharya told reporters

SBI cuts rates on savings accounts below Rs1 cr to 3.5%

01 Aug 2017

The 50 basis point reduction in deposit rate has become necessary following the reduction in lending rates, especially in agriculture and affordable housing, SBI stated

SBI, Carlyle to jointly acquire GE Capital’s stake in SBI Card

22 Jul 2017

Demonetisation may have lasting adverse impact: SBI

12 Jun 2017

The long-term impact of demonetisation on the Indian economy and the banking sector is uncertain, SBI told institutional investors prior to its Rs15,000-crore share sale, and it could also result in an increase in compliance costs and higher incidents of fraud

SBI's Rs15,000-cr QIP oversubscribed; government stake dips to 57%

10 Jun 2017

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 Q4 net doubles to Rs2,815 cr on lower provisioning

20 May 2017

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

View details about the software product Informachine News Trackers