Indian pedestrians walk past the State Bank of India's Mumbai head office on March 12, 2013. India's largest state-run bank has received 1.7 million applications for just 1,500 entry-level clerk jobs and has promised to examine all of them, a report said on March 12.
In this photograph taken on May 18, 2012 the chairman of the State Bank of India (SBI), Pratip Chaudhuri answers a question during a press conference in Kolkata. India's largest state-run bank has received 1.7 million applications for just 1,500 entry-level clerk jobs -- and has promised to examine all of them, a report said on March 12, 2013.
New Delhi: State Bank of India today said it expects to clock a net profit of Rs 14,000-15,000 crore in the current fiscal, backed by strong internal generation and robust demand for loans.
For SBI we got an allocation of 3,000 crore this year (capital infusion by the government) and we expect to make a net profit of another Rs 14,000-15,000 crore of net profit this year, State Bank of India (SBI) Chairman Pratip Chaudhuri told a television channel.
Mumbai: State Bank of India today said it does not have any exposure to Sahara group companies but have deposits of Rs 700-800 crore from the firms.
I think some of our branches have their (Sahara companies) deposits ... so if they get pulled out it will be Rs 700-800 crore. But we don't have any advances to them, SBI chairman Pratip Chaudhuri told reporters when asked about its exposure to Sahara group
India's key stock market indices declined weighed down by heavyweights State Bank of India and Maruti Suzuki, despite the lower-than-expected WPI inflation data.
The Sensex closed at 19497.18, down 0.57 percent and Nifty at 5896.95, down 0.61 percent.
Investors are waiting for the next big trigger from the 2013/14 budget to be presented on 28 February.
Mumbai: State Bank of India, the country's biggest lender, reported a 4 percent gain in quarterly net profit, the smallest increase in more than a year, as higher provisions for bad loans and slower loan demand hurt growth
