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The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI hikes bulk deposit rates for second time in 2 months

For tenors from two years to up to 10 years, the rates have been revised upwards to 6 per cent from 5.25 per cent...

31 Jan 2018 10:53 AM IST

$The capital infusion of public sector banks is a \big bang reform\ that will support credit growth and job creation, says SBI research report. (Photo: PTI)$ Business

Banks seen increasing deposit rates in near term: Icra

Govt under recapitalisation programme will improve ability of PSBs to pursue credit growth in coming months.

30 Jan 2018 4:21 PM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

Business

SBI steeply slashes deposit rates; lowers lending rates marginally

This is the seventh consecutive cut in lending rates by the bank this fiscal.

8 Nov 2019 11:45 AM IST

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

Business

Interest rate on small savings hiked after several yrs; PPF to fetch 8...

Interest on savings deposits has been retained at 4 per cent, annually.

20 Sept 2018 10:52 AM IST