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The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

SBI cuts deposit rates on various tenors

Interest rates have been reduced by 50-75 basis points (bps) for time deposits with shorter tenors of up to 179 days.

29 July 2019 1:16 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.

SBI to revise export transactions related service charges from Sep 1

SBI has taken into consideration the views and representations from various export promotion councils.

26 July 2019 8:56 AM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.

How SBI, ICICI Bank cut MCLR will affect your home loans EMIs? read

A cut of 5-10 bps will not take down home loan interest rate instantly for the existing home loan borrower.

24 July 2019 1:21 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways' lenders approve interim finance plan of USD 10...

Apart from this, about 2,400 operational creditors have made claims worth some 123.72 billion rupees, according to...

20 July 2019 8:51 AM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Lenders of bankrupt Jet Airways to attempt to sell carrier again

An SBI-led consortium of 26 banks has informed the resolution professionals that Jet Airways owes them about 85 billion...

17 July 2019 10:00 AM IST

Reserve Bank of India (RBI)

RBI slaps Rs 7 cr penalty on SBI for violating various norms

The penalty has been imposed on the bank for non-compliance of income recognition and asset classification (IRAC) norms.

16 July 2019 8:54 AM IST

SBI's Anshula Kant appointed MD and CFO of World Bank

As Managing Director and Chief Financial Officer, Kant will be responsible for financial and risk management of the...

13 July 2019 11:14 AM 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.

SBI puts up for sale two NPA accounts to recover dues of Rs 309 crore

The e-auction of Rajashree will take place on July 22 while that of Shree Vaishnavi on July 29.

12 July 2019 9:34 AM IST

Authorities had conducted a search at a store in Theni Lok Sabha constituency Tuesday night following inputs about suspected cash. (Image: File)

Andhra SBI cashier used Manager's key to steal Rs 20 lakh from...

The matter came to light when a new branch manager who took charge found Rs 19 lakh cash missing from the locker.

7 July 2019 3:39 PM IST

The aircraft is being inspected by the Jet Airways Engineering team and ground personnel. (Representational Image)

HDFC wants NCLT to keep Jet Airways Hqs out of resolution plan

The consortium of 26 bankers led by State Bank took the grounded Jet Airways to NCLT to recover their dues of over Rs...

4 July 2019 4:43 PM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Wilful defaults in India cross USD 21 billion in 2018-19

As per data from RBI, gross loans and advances in state-run banks came in at 638.2 bn rupees, as of March 31, 2019.

3 July 2019 9:37 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

SBI economists slam 'intelligentsia' for 'misunderstanding' RBI...

The Rs 52,000-crore surplus payout is much lower than the estimates, the economists said.

29 Aug 2019 9:31 AM IST