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Latest Articles in state bank

SBI Cards Lists 12% Below Issue Price Of Rs 755 But Recovers Later

The Nifty 50 closed 758 points or 7.6 per cent lower at 9,197. On the BSE Ltd, SBI Cards opened at Rs 658, 13 per cent lower against issue price.

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India Approves $32.4 Billion State Bank Recapitalisation Plan

While banks remain the main source of funding for India's companies, the stubborn bad debt problem has eaten into bank profits and choked off new lending, especially to smaller firms, at a time when an economy that depends on them is stalling

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Govt Adviser Says Consolidation May Lead To 10-15 State Banks

The government may cut its stakes in state-run banks to 52 percent, Sanjeev Sanyal, principal economic adviser at the finance ministry

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