State Bank of India will meet investors starting on Monday for an overseas bond issue aimed at raising between $1 billion and $2 billion, two sources with direct knowledge of the deal said on Thursday

State Bank of India plans to raise at least $500 million through a five-year overseas bond sale as soon as July, two sources with direct knowledge said, potentially reopening the dollar bond market fo

In a surprise move, country's largest bank SBI had increased interest rates on select fixed deposits by 0.25 per cent.

Deposits under Rs 15 lakh for a period of three years but less than five years

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

Morgan Stanley has maintained its 'underperform' rating on State Bank of India, with a target price of Rs 1,425 after a meeting with the lender's management.

The investment bank says 'asset quality p

The nation's banks will continue to witness a compression in their critical net interest margins even during the current fiscal, due to slowing credit growth and inability to raise deposits at low

Country's largest lender State Bank of India (SBI) on Friday posted net profit of Rs 4,050.27 crore in the fourth quarter ended March 2012, against just Rs 20.88 crore recorded in Q4 of the previou

Riding on high yields and an increased passenger load factor, state-owned Air India posted a healthy 46 per cent revenue growth in March over the same period last year, airline sources said on Wedn

State Bank of India (SBI), the lead lender to Kingfisher Airlines will not consider any fresh loans for the debt-laden carrier until it raises new equity itself, a senior executive of the state-owned bank said.

State Bank of India, the country's top lender, has not extended further loans to debt-crippled Kingfisher Airlines, a bank official said, denying reports that the state-owned creditor was close to off