sbi bank - Latest News, Analysis, Opinion

The new rates are effective Tuesday, the lender said announcing the third rate reduction in the current fiscal year.

Credit Demand Subdued, Economy Needs Stimulus: SBI Chairman

Though lack of credit demand exists in the economy, there is no supply-side constraint as the public sector banks are more or less well-capitalised.

SBI Posts Profit For First Quarter

Interest earned rose 6.5% to Rs 626.38 billion, while provisions for bad loans dived 10.7% in the quarter

India's Best Banks: Swinging Around

Prabodh Krishna

A Motilal Oswal thematic research paper predicts quick resolution of some of SBI’s risky accounts in the power sector and a fast recovery for the bank

We Need Public Sector Banks For At Least Another 10-15 years, Says SBI’s Rajnish Kumar

Suman K Jha

Rajnish Kumar is a SBI veteran, having joined the bank as a PO in 1980. Currently the Chairman, Kumar helms the fastest growing large size bank in the country, as recognized by BW Businessworld for this year’s Best Bank Awards. In a conversation with BW Businessworld’s Suman K Jha, Kumar lists SBI’s strengths, takes readers through its growth trajectory, and also talks about the larger public sector bank ecosystem.

Ask SBI To Release One Month's Salary To Jet Airways Staff: NAG To PM Modi

Companies & Markets Sector Reports

Economy Policy Aviation

The airline has not paid March salaries to its over 20,000 employees. Jet ceased operations on April 17.

SBI: Biggest Growth Catalyst

Clifford Alvares

With operations in every part of the country, SBI has built a massive asset base, feeding the India growth story

Banks Working Closely With UK Authorities To Recover Dues From Mallya: SBI MD

Without giving a specific number, he said "we hope to recover significant part our money"

SBI Posts Q4 Net Loss Of Rs 7,718 Cr On Higher Bad Loans

Total income during the January-March quarter was up at Rs 68,436.06 crore, from Rs 57,720.07 crore in the same period a year earlier, the bank said in a regulatory filing

Withdraw Up To Rs 2,000 From PoS Machines Free Of Charge: SBI

SBI today said people in smaller towns can withdraw up to Rs 2,000 a day from its PoS machines at retail outlets free of charge, a move aimed at easing cash crunch in some parts of the country.

Striking It Big

Clifford Alvares

SBI has set its sights higher – and it shows in its first podium finish

SBI To Redesign Envelopes For Dispatching Tax Cheques To Protect PAN

The move comes nearly 16 months after activist Commodore (retd) Lokesh Batra raised the issue that the window envelopes used by SBI make it easy for someone to glance through permanent account number (PAN) and contact number of the tax payee and misuse it

Govt Likely To Achieve Fiscal Deficit Target Of 3.2% In FY18: SBI

The report however noted that to manage the fiscal deficit, the government needs to cut expenditure substantially

Google, BHEL, SBI top 3 best places to work in India: Indeed

Companies & Markets Sector Reports

While Amazon grabbed the 4th place, Marriott International was ranked 5th, Intel (6th), American Express (7th), IBM (8th), Tata Consultancy Services (9th) and Hyatt (10th)

ATM Machine Of The State Bank Of India Stolen From Anantnag Town In Kashmir; Again.