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Latest Articles in State Bank of India SBI
SBI Raises Rs 3,717 Cr Through Additional Tier 1 Bond Issue
The country’s largest lender says that the proceeds of bonds will be utilised in augmenting Additional Tier 1 Capital and overall capital base of the Bank and for strengthening capital adequacy
Read MoreCanara Bank To Sell Its Russian JV Stake Worth $14.67 Mn To SBI
CIBL was incorporated in the year 2003 and is a Joint Venture (JV) in Russia between SBI (60 per cent) and Canara Bank (40 per cent)
Read MoreSBI Hikes Benchmark Lending Rate By 0.7%
The latest revision in BPLR of 13.45 per cent will become effective from Thursday, Sept. 15
Read MoreCBI Takes Over Case Of Missing Coins Worth Rs 11 Cr From SBI Vaults
The matter came to light after the SBI branch decided to carry out counting of money after a preliminary enquiry indicated discrepancy in the cash reserve at the bank
Read MoreSBI Raises $300 M From Formosa Bonds
The bonds will be listed on Taipei Exchange (TPEx), Singapore Exchange Securities Trading Ltd (SGX-ST) and India International Exchange IFSC Ltd (India INX)
Read MoreSBI, ICICI Bank, HDFC Bank Continue To Remain Systemically Important Banks: RBI
The framework requires the RBI to disclose the names of banks designated as D-SIBs starting from 2015 and place these lenders in appropriate buckets depending upon their Systemic Importance Scores (SISs).
Read MoreSBI To Acquire Nearly 10% Stake In India International Clearing Corporation
The strategic investment in IICC is aimed at strengthening the financial markets infrastructure, SBI said in a regulatory filing on Thursday.
Read MoreReserve Bank Imposes Rs 1 Cr Penalty On SBI
RBI said the penalty is based on deficiencies in regulatory compliance and was not intended to pronounce upon the validity of any transaction or agreement entered into by SBI with its customers.
Read MoreSBI Yet To Refund Rs 164 Crore Undue Fee Charged From Jan Dhan Account Holders
Queries sent to the country's largest lender on return of charges levied on debit transactions done by such account holders during the said period of 33 months did not elicit any response.
Read MoreRBI Slaps Penalty Of Rs 1 Cr On SBI, Rs 1.95 Cr On Stanchart
Fine levied on SBI for non-compliance with the directions contained in 'Reserve Bank of India (Frauds classification and reporting by commercial banks and select FIs) directions 2016'
Read MoreI-Bankers Make $ 761 Mn In Advisory Fees During Jan-Sept; Lowest In 3 Years: Report
Axis Bank got USD 46.7 million or 6.1 per cent share, Goldman Sachs stood at the fourth slot with USD 46.7 million or 6.1 per cent each of the market pie, and ICICI Bank (USD 40.4 million, 5.3 per cent) comes at the fifth slot.
Read MoreRBI Grants Licence To National Asset Reconstruction Company Ltd, Says IBA CEO
Union finance minister Nirmala Sitharaman had in Budget 2021-22 said that the high level of provisioning by public sector banks of their stressed assets calls for measures to clean up bank books.
Read MoreSBI Rejects AP Government''s Rs 6,500 Crore Overdraft
The "unusual and unheard of" request by the Finance Secretary left top bureaucrats baffled since it only further exposed the state government''s perilous financial condition.
Read MoreIndia Needs 4-5 'SBI Size' Banks To Meet Growing Needs Of Economy: Sitharaman
As far as the long-term future is concerned, she said it is going to be largely driven by digitised processes and there is a need for seamless and interconnected digital systems for a sustainable future for the Indian banking industry
Read MoreGovt Guarantee To NARCL To Help In Development Of Secondary Mkt For Security Receipts: SBI Chief
The bad bank or NARCL will pay up to 15 per cent of the agreed value for the loans in cash and the remaining 85 per cent would be government-guaranteed security receipts.
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