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State Bank to divest in National Stock Exchange: Bhattacharya

State Bank to divest in National Stock Exchange: Bhattacharya

🕔08:58, 18.Dec 2015

New Delhi, Dec 18  State Bank of India is keen to offload its stake in the National Stock Exchange (NSE) as part of the effort to realise value for investments and focus more on the core areas of business for

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SBI Chairman inaugurates SBI’s official pages on Pinterest and Instagram

SBI Chairman inaugurates SBI’s official pages on Pinterest and Instagram

🕔10:53, 15.Sep 2015

Mumbai, September 15, 2015:  Arundhati Bhattacharya, Chairman, State Bank of India (SBI) inaugurated SBI’s official pages on two new social media platforms, Pinterest and Instagram to connect and reach out to its valued customers. The function was also graced by the

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SBI rules out interest rate cut in near-term

SBI rules out interest rate cut in near-term

🕔15:16, 4.Aug 2015

Mumbai, Aug 4  On the day the RBI kept interest rates unchanged, calling on commercial banks to relay onward benefits of earlier rate cuts, government-run State Bank of India (SBI) on Tuesday ruled out any interest rate cuts soon for

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State Bank of India launches ‘Project TATkal’

State Bank of India launches ‘Project TATkal’

🕔13:40, 3.Jul 2015

Mumbai, July 3, 2015: State Bank of India (SBI), the largest commercial bank in India launched ‘Project TATkal’, an initiative which focuses on strengthening doorstep service and improving response times on Home Loan applications. The initiative will help the home

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SBI Q4 net up 23% at Rs 3,742 cr

SBI Q4 net up 23% at Rs 3,742 cr

🕔13:55, 22.May 2015

New Delhi, May 22 : Country’s largest bank SBI today reported a 23% jump in net profit at Rs 3,742 crore for the quarter ending March 2015. It was Rs 3,041 crore for the same period a year ago. Gross

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SBI top brass discuss future strategy

SBI top brass discuss future strategy

🕔10:33, 9.May 2015

Bengaluru, May 9  The top management of the State Bank of India – the country’s largest mortgage lender- is holding a two-day strategy meeting in Bangalore to chalk out its path in the changing banking scenario, said senior bank officials.

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SBI cuts home loan interest rate by up to 0.25 percent

SBI cuts home loan interest rate by up to 0.25 percent

🕔11:05, 13.Apr 2015

New Delhi, April 13  State-run State Bank of India on Sunday cut its home loan interest rate by 0.25 percent — or up to 25 basis points — for new borrowers while for women borrowers the rate has been aligned

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State Bank of India wins ‘Brand of the Year’ Award

State Bank of India wins ‘Brand of the Year’ Award

🕔11:30, 30.Mar 2015

Mumbai, 30 March 2015: State Bank of India won the ‘Brand of the Year’ award in banking in India at The World Branding Awards that took place in Paris, France on March 25th, 2015. The glittering ceremony at the iconic

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SBI to dilute 23 percent stake in SBI General Insurance

SBI to dilute 23 percent stake in SBI General Insurance

🕔15:50, 26.Mar 2015

Chennai, March 26  India’s largest mortgage lender State Bank of India (SBI) has decided to lower its stakes in its general insurance joint venture to 51 percent and has decided to begin the process, the bank said on Thursday. In

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‘SBI will cut interest rate based on evolving circumstances’

‘SBI will cut interest rate based on evolving circumstances’

🕔14:07, 4.Mar 2015

Mumbai, March 4  India’s largest mortgage lender State Bank of India (SBI) would decide on reducing its interest rates on the basis of emerging circumstances, a top official said Wednesday. Welcoming the Reserve Bank of India (RBI) decision to cut

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Insurance Australia Group eyes stake hike in SBI General Insurance

Insurance Australia Group eyes stake hike in SBI General Insurance

🕔11:05, 24.Feb 2015

Chennai, Feb 24  Insurance Australia Group (IAG), the foreign joint venture partner in SBI General Insurance, has started talks with the State Bank of India (SBI) for hiking its stakes to 49 percent, said a senior company official Monday. He

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SBI to raise Rs.15,000 crore equity capital

SBI to raise Rs.15,000 crore equity capital

🕔19:29, 28.Jan 2015

Chennai, Jan 28 The country’s largest mortgage lender — State Bank of India (SBI) — has decided to raise equity capital of Rs.15,000 crore to meet the increased capital needs for matching the anticipated growth in business, the bank said.

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SBI takes loan of euros 100 mn to support SMEs

SBI takes loan of euros 100 mn to support SMEs

🕔11:53, 24.Jan 2015

Mumbai, Jan 24  India’s largest bank, the State Bank of India (SBI) Friday said it has signed a loan agreement of 100 million euros with European Investment Bank (EIB), the European Union’s non-profit long-term lending institution. “The loan will be

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Australian bank signs agreement with SBI

Australian bank signs agreement with SBI

🕔13:00, 16.Jan 2015

Canberra, Jan 16  An Australian bank said Thursday it has signed an agreement with State Bank of India (SBI), the country’s largest lender, to increase cooperation in project finance, migrant banking and international payments between banks, a media report said.

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NTPC signs term loan of Rs. 10,000 crore with SBI

NTPC signs term loan of Rs. 10,000 crore with SBI

🕔12:30, 16.Jan 2015

New Delhi, Jan 16 : NTPC , the largest power utility in the country has signed a term loan agreement for Rs. 10,000 crore with State Bank of India on January 15,2015. The loan has a door to door tenure

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SBI’s 209 of 225 branches operational in storm-hit AP

SBI’s 209 of 225 branches operational in storm-hit AP

🕔15:32, 20.Oct 2014

Mumbai, Oct 20  The State Bank of India announced here Monday that it has restored normal operations in almost all the 225 branches hit by the cyclone Hudhud in Andhra Pradesh. Of the 225 branches, 209 are fully operational and

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Coal deallocations may hike CAD by $700 mn: SBI

Coal deallocations may hike CAD by $700 mn: SBI

🕔10:38, 27.Sep 2014

New Delhi, Sep 27  The Supreme Court’s deallocation of coal blocks may have a marginal impact on raising the net burden on the current account deficit (CAD) by an additional $700 million, according to a State Bank of India report

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SBI & the Korea Eximbank sign Untied Line of Credit

SBI & the Korea Eximbank sign Untied Line of Credit

🕔12:12, 26.Sep 2014

Mumbai, September 26, 2014: State Bank of India (SBI), India’s largest Bank and The Export- Import Bank of Korea (Korea Eximbank) an official export credit agency of Korea, today signed a Loan Agreement for an Untied Two-Step Line of Credit

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State Bank of India leads mobile banking space with 50% share

State Bank of India leads mobile banking space with 50% share

🕔12:33, 18.Sep 2014

Mumbai, 18 September 2014: The State Bank of India (SBI), country’s largest commercial bank, generates about 50% of mobile banking transactions according to RBI Data. SBI, with over 1.15 crore registered mobile banking customers, has become the undisputable market leader

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State Bank of India launches ‘Pehla Kadam’ and ‘Pehli Udaan’

State Bank of India launches ‘Pehla Kadam’ and ‘Pehli Udaan’

🕔15:55, 5.Sep 2014

Mumbai, September 5, 2014: Pehla Kadam and Pehli Udaan, the  two new Savings Bank products for Children by State Bank of India, was launched by Mrs Arundhati Bhattacharya, Chairman, State Bank of India and the Vice Admiral AR Karve, Chief

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