New Delhi: State Bank of India (SBI) on Monday ruled out any immediate cut in lending rates even as the Reserve Bank had reduced policy rate by 0.25 per cent earlier this week.
“With repo rate (short

The country's largest lender State Bank of India (SBI) Friday said its net profit increased by 30.16 per cent to Rs 3,658.14 crore for the quarter ended Sep 30, 2012, as compared to Rs.2,810.43 crore

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

State Bank of India (SBI) on Friday reported a 137 per cent jump in net profit at Rs 3,752 crore for the first quarter ended June 30, 2012, though rising non-performing loans continue to be a cause

State Bank of India has said it will recruit about 10,500 employees during the current financial year to manage the growing business of the bank.

"This year, the bank would make 9,500 clerical level

The country's largest bank SBI has said it plans to hire 9,500 employees this fiscal and its main thrust will be on retail banking in the coming years.

Noting that the current economic environment wa

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 (SBI) on Tuesday said it will 'do a comprehensive cut' in lending rates on various loans following the Reserve Bank's 0.5 per cent reduction in the repo rate.

"Of course, there w

Country's largest lender State Bank of India (SBI) on Saturday said it will consider reducing lending rates after the announcement of the Reserve Bank's annual credit policy on April 17.

"Of course,

Country's largest lender, the State Bank of India (SBI) is hopeful of posting a credit growth of 19-20 percent in the current financial year, a top bank official said.

"The target (for credit g