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SBI responds to Singapore govt “easy lifestyle” initiative, sets up remittance...

The State Bank of India (SBI) has set up a remittance centre in the suburb Punggol district, responding to Singapore government’s initiative for making...

SBI inks MoU with Indian Army on salary package

State Bank of India, country's largest lender, announced recently that it has inked a Memorandum of Understanding (MoU) with the Indian Army on defence...

SBI’s B Sriram appointed IDBI Bank CEO for 3 months

State Bank of India’s Managing Director (MD) B Sriram was today appointed as the MD and chief executive officer (CEO) of IDBI Bank for...

Expect Rs 30,000 crore recovery via resolution: SBI

State Bank of India (SBI), the country’s largest lender, expects to recover about Rs 30,000 crore from the resolution process under the Insolvency and...

PSBs to set up dedicated mechanism to manage NPAs: Piyush Goel

Public sector banks (PSBs) will soon create a dedicated mechanism for managing stressed accounts, acting finance minister Piyush Goyal said on Friday. “I have discussed...

SBI to modify rules for investing in fintech start-ups

Aimed at kick-starting the infusion in fintech start-ups, State Bank of India (SBI), is mulling modifying its rules for investing in the sector, said...

How to bid for SBI Mega real estate e-auction?

State Bank of India (SBI), country’s largest lender is coming up with online auction of 1,000 commercial and residential properties starting today.  The prospective buyers...

Top SBI executives may replace PSU Banks chiefs: Official Sources

Aimed at sending a strong message to banks found involved in thousands of crores of fraud, the Finance Ministry is mulling over a proposal...

SBI reports Rs 7,718 crore loss in Q4

State Bank of India (SBI), the country’s largest lender today posted a standalone net loss of Rs 7,718.17 crore in the fourth quarter (January-March)...

Banks tighten cost cutting measures, shut 2,000 ATMs in 10 months

In a bid to tighten the cost cutting measures, banks have shut 2,000 ATMs in 10 months. According to the Reserve Bank of India...

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