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Rs 570 crore seized from 3 containers in TN belongs to SBI: EC

The Rs 570 crore cash seized from three containers in Tamil Nadu on Saturday belongs to the State Bank of India but it will not be handed over to the bank before a proper probe by the Income Tax......

SBI claims Rs 570 cr seized by poll officers in TN

After election officers seized Rs 570 crore in cash from three containers in poll-bound Tamil Nadu in the wee hours on Saturday, the State Bank of India said in the evening that it was the......

No law broken in funding cluster bomb maker: SBI

SBI said it provided credit to Orbital ATK Inc as part of a syndicated deal with other banks. IMAGE: Banks, pension funds and insurance companies, had invested over $28 billion in seven......

Rexit will not have any impact on Reserve Bank: SBI Research

The report also described the RBI as an "extremely visionary, pragmatic and fairly independent" organisation throughout its history Suggesting that Reserve Bank as an institution will not be......

SBI in 'Hall of Shame' of banks funding cluster bomb makers

The maximum number of banks are from the US (74), followed by China (29) and South Korea (26). State-run banking behemoth SBI has been named in a 'Hall of Shame' list of 158 banking and financial......

Rajan has given large measure of credibility to RBI: SBI chief

Dr Rajan is a person of very high caliber Describing Reserve Bank of India governor Raghuram Rajan as a person of very high caliber, State Bank of India chief Arundhati Bhattacharya on Saturday......

SBI merger to create banking powerhouse

Employee integration and branch rationalisation are major challenges. IMAGE: SBI headquarters, Mumbai Photograph: Manjulkumar/Wikimedia Commons     In a definitive push for......
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Tepid growth in Q1 corporation tax collections

Collections grew by 10.5% during April-August, 2015-16 year-on-year Expect structural reforms on tax administration Plugging loopholes Don't cut... ...

http://www.business-standard.com/article/economy-policy/tepid-growth-in-q1-corporation-tax-collections-116062801441_1.html
Is it time to consider govt banks?

Detailed reading of numbers reveals that the top five PSBs excluding SBI have a deposit base of over Rs 19,89,291 cr as against Rs 15,24,097 cr of... ...

http://www.business-standard.com/article/opinion/is-it-time-to-consider-psu-banks-116062800875_1.html
Seminar on financial documents in foreign trade

Kochi, June 28 () A one-day seminar on "Importance of Financial Documents in Foreign Trade" will be held here on July 4 by International Chamber of... ...

http://timesofindia.indiatimes.com/city/kochi/Seminar-on-financial-documents-in-foreign-trade/articleshow/52961131.cms
all eyes on fund-raising plans

Analysts will follow the board meeting of State Bank of India on Wednesday that will consider a fund-raising plan. SBI’s board will examine the... ...

http://www.thehindubusinessline.com/markets/stock-markets/sbi-all-eyes-on-fundraising-plans/article8784425.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
SBI to divest non-core assets to rake in Rs 3,000 cr

Faced with rising bad assets, banking major SBI will divest non-core investments of around Rs 3,000 crore to shore up its capital. Despite the... ...

http://www.business-standard.com/article/pti-stories/sbi-to-divest-non-core-assets-to-rake-in-rs-3-000-cr-116062801224_1.html

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