State Bank of India to bail out Kingfisher: Report
State Bank of India has decided on a Rs 16.5 billion loan package to help troubled Kingfisher Airlines overcome a cash crunch, the Hindustan Times newspaper reported on Wednesday.
The newspaper quote
Govt to infuse Rs 6,000-crore in SBI via preferential issue: Chaudhuri
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,
Moody's downgrades SBI over poor Tier-I capital ratio, NPAs
Global ratings firm Moody's on Tuesday donwgraded its rating of State Bank of India's (SBI) financial strength by one notch to 'D+' on account of the lender's low Tier-I capital ratio and deterioratin
State Bank of India hints at rate hikes
The nation's largest lender State Bank of India (SBI) on Thursday hinted at increasing both its lending as well as deposit rates following the recent 50 basis points tightening by the Reserve Bank of
SBI raises lending rates by 50 basis points
Country's largest bank State Bank of India (SBI) on Thursday raised lending rates by 50 basis points, making its home, auto and corporate loans costlier.
The bank revised the base rate, or the minim
SBI to raise $5 billion in 2011 via offshore loans
The country’s largest lender State Bank of India on Friday said it plans to raise $5 billion through offshore loans by December.
SBI Q4 profit plunges on provisions, shares fall
State Bank of India, the country's top lender, posted an unexpected plunge in quarterly net profit on Tuesday and lagged estimates by a massive margin, slammed by higher provisions for bad loans, oper
Banks hike rate to cheer depositors
Mumbai, Dec. 6: Savers have a reason to cheer as banks have started to revise upwards rates on fixed deposits. On Monday, India’s largest bank, the State Bank of India, raised interest rates on fixed
SBI ups rates for loans, deposits
New Delhi, Aug. 16: In line with the industry trend, State Bank of India on Monday raised its benchmark lending rate by 50 basis points and deposit rates by up to 150 basis points.
While the increase