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SBI's operations disrupted in Kashmir valley due to floods

Sep 09, 2014

SBI's operations disrupted in Kashmir valley due to floods

With no communication link functioning with the branches in the valley, SBI is hoping to restore banking operations once the water level recedes. #Jammu and Kashmir #Banking #NewsTracker #SBI #Floods #Disaster
Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Aug 05, 2014

Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Noting that rise in non-performing assets of PSBs was a matter of concern, the junior finance minister said that "although the gross NPAs have increased at system level, the gross NPAs ratios of banks do not indicate any systemic vulnerability". #NewsTracker #SBI #Canara Bank #Nirmala Sitharaman #Bank of Baroda #Corporate Debt Restructuring #Financial Stability Report #PNB #non performing assets
Foreign brokerages hail Jaitley's budget as growth, reforms-oriented

Jul 11, 2014

Foreign brokerages hail Jaitley's budget as growth, reforms-oriented

The Budget has pegged FY'15 fiscal deficit at 4.1 per cent of GDP. The aim is to narrow this gap to 3.6 per cent in FY'16 and 3 per cent in FY'17.
#GDP #SBI #FDI #fiscal deficit #Arun Jaitley #Nomura #Budget #Budget2014
Budget 2014: From Deepak Parekh to Deveshwar, India Inc hails Modi govt's first Budget

Jul 10, 2014

Budget 2014: From Deepak Parekh to Deveshwar, India Inc hails Modi govt's first Budget

State Bank of India chairperson Arundhati Bhattacharya welcomed the pronouncements on the consolidation of banks, saying it should be done in a time-bound manner.
#TCS #SBI #HDFC #Deepak Parekh #Mahindra #Emami #Budget2014 #arundhati bhattacharjee #n chandrashekhar

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Why should finance minister put fresh equity in SBI?

Oct 07, 2011

Why should finance minister put fresh equity in SBI?

Government-owned banks like SBI should not think it is their right to equity when they need it. They need to do more to plough back retained earnings. #SBI #HDFC Bank #To The Contrary #Bank of Baroda #NotJobsButPassion
Who did SBI in? Govt must look in the mirror for answer

Oct 05, 2011

Who did SBI in? Govt must look in the mirror for answer

Instead of decrying Moody's downgrade of State Bank of India and India, the government should look for a different villain - and look in the mirror #State Bank of India #SBI #Moody's #Downgrade #PIIGS #Crying Wolf

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Who did SBI in? Govt must look in the mirror for answer

Aug 26, 2014

SBI cuts home loan rates 5-15 bps, offers uniform rate

Experts say huge cash pile forcing banks to cut retail loan rate...
Who did SBI in? Govt must look in the mirror for answer

Aug 26, 2014

SBI cuts home loan rate by up to 0.15 pc

New Delhi, Aug 26: Country's largest bank SBI today slashed home loan rate by up to 0.15 per cent on housing loan, a move likely to be followed by other lenders. Home loans of up to Rs 75 lakh woul...