Feb.28 -- India's GDP expanded 7 percent in the fourth-quarter, which was far stronger than what was estimated. The country is also forecast to grow over 7 percent for the coming year as banks work to.. Source: Bloomberg Global Business -
The wait for home loan borrowers for lower interest rates just got longer with the Reserve Bank of India deciding to keep the lending rate unchanged at 6.25%.
The central bank, however, decided to.. Deccan Herald
A severe cash crunch at ATMs is reminding bank customers of the demonetization days of November 2016, when high-value currencies were suddenly withdrawn. The financial year-end is forcing banks to.. DNA
State Bank of India ruled out a spike in bad loans following the mega merger that has catapulted the country's largest lender into the top 50 globally with close to USD 500 billion balance sheet.SBI.. All India Radio
State Bank of India (SBI) Chairman and Managing Director Arundhati Bhattacharya has assured that the merger will not lead to a substantial rise in non-performing assets.
"We do not expect any nasty.. Deccan Herald
Only 2,800 employees of five associate entities of State Bank of India have so far applied for voluntary retirement scheme (VRS) out of more than 12,000 who are eligible for it, SBI Chairman Arundhati.. Deccan Herald
Post-merger of five associate banks, the State Bank of India opened as one bank with 500 million customers and started normal operations from Monday, SBI Chairperson Arundhati Bhattacharya announced.. Sify
Five associates and the Bharatiya Mahila Bank became part of the State Bank of India (SBI) today, catapulting the countrys largest lender to among the top 50 banks in the world.
State Bank of.. Deccan Herald
The country's largest lender State Bank of India (SBI) on Tuesday said it will increase its stake in SBI Card to 74% by June end.
"Stake will be increased by first quarter of next financial.. Deccan Herald
Fortune on Thursday released its 'World's Greatest Leaders' list that honours people across the fields of business, government, philanthropy and arts, all over the globe. State Bank of India chief.. IndiaTimes
States should not seek a Central bailout for farmers' loans, Finance Minister Arun Jaitley said on Thursday. In a statement, the finance minister sought to nip in the bud demands made by various.. Deccan Herald
Arundhati Bhattacharya, chairman, State Bank of India (SBI), will create history on April 1 when all five associate banks will merge with itself - in the largest such exercise in the banking sector -.. DNA
India Inc could see banks further softening their debt restructuring proposals while making the promoters agree to stripping of non-core assets and pledging more shares, the head of India's largest.. DNA
The opposition Congress party in Maharashtra legislative assembly submitted a breach of privilege notice against SBI chairperson Arundhati Bhattacharya for insulting farmers and the House through her.. All India Radio