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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).

Bank Union opposes Alternative Mechanism, says it may wreck banks

Union Cabinet on Wednesday said an Alternative mechanism will be set up to oversee consolidation of banks.

24 Aug 2017 6:23 PM IST

Union Minister for Finance, Defence and Corporate Affairs, Arun Jaitley briefs a press conference after a Cabinet meeting in New Delhi. (Photo: AP)

Cabinet clears 'Alternative Mechanism' to oversee bank mergers

The decision to set up the AM follows SBI merging its five associate banks, as also the Bharatiya Mahila Bank, with...

23 Aug 2017 7:09 PM IST

BJP blames govt for dengue spurt

BJP blames govt for dengue spurt

Hitting back at the Delhi government, the north and south municipal corporations on Friday accused it of trying to save...

28 Sept 2013 10:27 AM IST

Prime Minister Narendra Modi, Home Minister Rajnath Singh and Finance Minister Arun Jaitley at an all-party meeting ahead of monsoon session of Parliament. (Photo: PTI)

Cabinet approves new metro policy for expansion across country

The metro policy will talk about standardising norms and developing a procurement mechanism for implementation of the...

16 Aug 2017 2:01 PM IST

Maharashtra Chief Minister Devendra Fadnavis suggested that the import duty on raw edible oil be increased up to 35 per cent and on refined oil by 50 per cent, a release issued by the CMs office said. (Photo: PTI)

CM Fadnavis to get Union berth?

Rumours say Central ministry's expansion may see rejig in Maharashtra.

15 Aug 2017 2:43 AM IST

Indian Border Security Force soldiers walk with their belongings for night duty near the India-Pakistan international border. (Photo: AP)

Lt General AK Bhatt gets Cabinet approval as new DGMO

Lt. Gen. Bhatt will also be the only Army official with access to the official hotline contact with his Pakistani...

29 Nov 2016 2:58 AM IST

Another option is that the Centre allows Air India to remain a national carrier by controlling at least 51 per cent stake.

Air India union to stage protest at IGI airport against disinvestment

The grouping comprising nearly 8,000 of total 21,137 Air India employees held a general body meeting to deliberate on...

14 July 2017 9:49 AM IST

However, a former executive director of Air India Jitender Bhargava said, it should not be sold cheaply.

Gulf carrier Oman Air not ready to bid for debt-reeling Air India

Oman Air's CEO said he would leave the bidding for Air India to priority of other Indian carriers.

13 July 2017 7:50 PM IST

Prime Minister Narendra Modi (Photo: PTI)

Modi to meet key ministries to streamline FDI inflows

Meeting assumes significance as government is considering relaxing FDI norms in several sectors.

13 July 2017 6:14 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

How RBI, banks will tackle Rs 6 lakh crore NPAs

Amendments will give RBI powers to directly interven in the issue and instruct banks for speedy redressal.

4 May 2017 4:53 PM IST

Prime Minister Narendra Modi. (Photo: PTI)

Cabinet okays percentage-based pension regime

The Committee reached its findings based on an analysis of hundreds of live pension cases.

4 May 2017 6:05 AM IST

For the past few days, the rupee continued to outshine the US dollar and ended at a nearly 3-month high of 67.22 yesterday.

5 things to know about Code on Wages that ensures minimum pay

Union Cabinet on Wednesday is likely to give approval to Code on Wages Bill that ensures minimum pay for all employees.

12 July 2017 2:02 PM IST