The Reserve Bank of India (RBI) Governor Duvvuri Subbarao has a penchant for springing surprises.

He often opts for the unexpected when it comes to monetary policy reviews, recently disappointing tho

State Bank of India may have its branches open on Sundays to help improve efficiency, a top bank official has said.

"Possibly we would like to see Sunday working which would increase the time availa

As a long-term solution to the woes of the heavily-stressed power sector, which is likely to seek nearly Rs 70,000 crore debt restructuring this fiscal, SBI chairman Pratip Chaudhuri has called for

State Bank of India, the country's biggest lender, may not cut lending rates in the near term as costs of deposits continue to be high, chairman Pratip Chaudhuri said on Monday, after the bank lowered

State Bank of India, India's largest lender, has received Finance Ministry approval for a capital infusion of Rs 60-80 billion, CNBC-TV18 reported on Monday, citing the bank's chairman.

The capital i

The government has agreed to infuse fresh capital into State Bank of India through a preferential issue and the country's largest lender will be getting up to Rs 6,000 crore before the fiscal end,

State Bank of India on Saturday termed the strike called by its officers for November 8 and 9 as unfortunate and said that it would damage the customers' interest and confidence.

"It is unfortunate.

A much awaited rights equity issue by State Bank of India will not happen in the current fiscal year, but the government will pump in cash to shore up the state-run bank's capital, secretary, financia

Country's largest lender State Bank of India's profit in the current fiscal is likely to exceed Rs 10,000 crore on the back of increased business and sustained effort to contain bad assets.

"The bank