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The bank, however, did not specify whether the borrowing would be in rupee denomination or dollar.

SBI to raise Rs 5,000 crore via bonds for affordable housing

Last month, bank's board had approved raising Rs 8,000 crore through various sources.

10 Jan 2018 9:45 AM

Executive committee of Central Board has approved long term fund-raising in single/multiple tranches.

SBI to raise up to USD 2 billion via overseas bonds

Shares of SBI were trading 0.44 per cent higher at Rs 307.55 on BSE.

08 Jan 2018 2:16 PM

Govt open to suggestions to cleanse political funding: Arun Jaitley

‘Elections cost money. The round-the-year functioning of political parties involves a large expenditure,’ said Mr Jaitley.

08 Jan 2018 1:04 AM

In a Facebook post, Jaitley said the conventional practice of funding the political system was to take donations as well as undertake expenditures in cash. (Photo: AP)

Govt open to suggestions to cleanse political funding, says Arun Jaitley

Jaitley announced the contours of electoral bonds, which will be sold by country's latest lender SBI and will have tenure of just 15 days.

07 Jan 2018 2:35 PM

SBI had reintroduced monthly average charges from April 1, 2017.

SBI hints at revising downwards minimum balance amount, penalty

Currently bank has a monthly average balance of Rs 3,000 for metro and urban accounts.

05 Jan 2018 6:01 PM

The revised base rate is reduced from 8.95 per cent to 8.65 per cent for existing customers and BPLR is reduced from 13.70 per cent to 13.40 per cent.

SBI cuts base rate by 30 basis points

The move is likely to trigger a similar action from other public as well as private sector lenders in the coming days.

02 Jan 2018 1:34 AM

The one-year MCLR of the bank stands unchanged at 7.95 per cent.

SBI lowers base rate, BPLR by 30 bps; leaves MCLR unchanged

Nation's largest lender revised down the base rate to 8.65 per cent for existing customers from 8.95 per cent.

01 Jan 2018 5:07 PM

Moody's has assigned a stable outlook to SBI's DIFC branch.

Moody's ups ratings of four Indian financial institutions

Rating agency has also upgraded the bank's baseline credit assessment and adjusted it to Baa2 from Baa3.

17 Nov 2017 1:31 PM

The BSE bank index also rose by 1.90 per cent to trade at 29,450.39. (Photo: PTI/File)

Bank stocks surge up to 6 pc as Moody's ups India rating

The broader market also cheered the news as the BSE Sensex jumped 331.72 points to trade at 33,438.54.

17 Nov 2017 12:17 PM

Over the last week, the Sensex recorded a fall of 371 points, or 1.10 per cent, and the NSE Nifty 130.75 points, or 1.25 per cent.

6 of top-10 most valued companies lose Rs 60,422 crore in m-cap

The m-cap of RIL dived Rs 39,328.34 crore to Rs 5,59,526.33 crore.

12 Nov 2017 11:16 AM

Under the plan, the carrier is to get financial assistance to the tune of Rs 30,000 crore over a 10-year period.

Air India to sell 2 properties to SBI, may fetch Rs 50 crore

Air India recently sought loans worth over Rs 1,500 crore to meet working capital requirements.

05 Nov 2017 12:26 PM

The new rates will be effective November 1.

SBI brings home loan rate to lowest in industry at 8.30 per cent

Rates have been reduced by 5 basis points (0.05 per cent) in all other loan brackets.

02 Nov 2017 2:46 PM

India’s GDP, which decelerated to 6.1 per cent in Q4FY17, further fell to a thirteen-quarter low of 5.7 per cent in Q1FY18.

India to see an uptick in growth

Manufacturing has been buoyant: SBI

31 Oct 2017 12:46 AM

A Broker checks changing share prices at BSE. (Photo: PTI)

Banks' recap: PNB surges 32 per cent, Bank of India 24 and SBI 20 per cent

Also, Andhra Bank was quoting 14.96 per cent higher, Allahabad Bank 12.70 per cent and Syndicate Bank 12.11 per cent.

25 Oct 2017 12:09 PM

Company has a production capacity of more than 1 lakh tractors annually and a wide distribution network of 650 plus dealers.

SBI signs MoU with Escorts for tractor financing

Aim of the tie-up with Escorts is to promote, market and make accessible, organised finance facility.

23 Oct 2017 7:03 PM

RBI has identified 12 large NPA accounts constituting 25 per cent or about Rs 2 lakh crore of the total pie.

NCLT route cannot be used effectively in all NPA cases: SBI MD

Banking sector is saddled with non-performing assets (NPAs) of over Rs 8 lakh crore.

13 Oct 2017 4:30 PM

The loan processing fee under the scheme is Rs 2,000.

SBI's SME Assist to provide short-term loans to MSME clients

The SME customers of the bank can avail loan under the facility till March 31, 2018.

12 Oct 2017 1:02 PM

As per the Reserve Bank direction, the Basel III capital regulation is being implemented from April 1, 2013 in India in phases.

India may delay implementation of Basel III norms: SBI report

Indian banking sector needs some time to assimilate the impact of past three structural changes before facing the new ones.

11 Oct 2017 3:06 PM

State Bank of India, SBI, chairman Rajnish Kumar has replaced Arundhati Bhattacharya. (Photo: PTI)

Rajnish Kumar shows SBI staff ways to tackle challenges

Kumar in a letter to staff highlights worst phase banking sector with huge debt burden was passing through.

10 Oct 2017 12:31 PM

Rajnish Kumar says SBI will transform in three years

Kumar was on Wednesday appointed new SBI chairman after appointments committee cleared is name.

05 Oct 2017 12:55 PM

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Aakar Patel