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On historic trip, Obama backs sovereign state of Palestine

United States President Barack Obama, on a historic trip to the West Bank, on Thursday told Israel that its settlement activities were "not constructive" for peace in the region, and pledged his......

Bank suspends Raghav Rajan aka Bitti Mohanty

The State Bank of Travancore has suspended 'Raghav Rajan', the probationary officer working with them and said to be Bitti Mohanty, convicted in the 2006 German woman rape case and now in police......

World Bank chief visits UP, promises help to Akhilesh

World Bank President Jim Yong Kim has stated that he sees 'much promise' in Uttar Pradesh Chief Minister Akhilesh Yadav, with whom he held an hour-long meeting on Tuesday morning. “He is the......

Bhayander: Guard loots ATM after locking up mechanic!

A caretaker-cum-security guard of a State Bank of India ATM centre in Bhayander, a township in Thane district adjacent to Mumbai, on Friday night looted Rs 23 lakh cash after locking up a mechanic......

Has Change really come to Bihar?

What is Change really like in Bihar? Once denounced as a failed state, what turnaround has Bihar made in recent years? Archana Masih reports from India's other most talked about state. When our......

SBI Q4 net falls 18.5% to Rs 3,299 crore

State Bank of India on Thursday reported a 18.54 per cent decline in net profit at Rs 3,299 crore for the fourth quarter ended March 31, 2013 on account of lower interest income, causing its shares......

Cobrapost fallout: Indian Bank suspends employee

State-owned Indian Bank on Thursday said it has suspended an official who is accused of wrong doings by an online portal in an expose. The bank has also initiated the exercise to bring all......

US row a minor regulatory issue: SBI

The State Bank of India on Thursday said it is confident of meeting the regulatory requirements at one of its US arms soon and also that it is working towards appointing more professionals,......

Banks get Rs 1,000 cr by selling Kingfisher assets

State Bank of India said on Monday the consortium of lenders has recovered Rs 800-1,000 crore (Rs 10 billion) and is making all efforts to recover the remaining dues from beleaguered Kingfisher......

No immediate cut in lending rates: SBI

State Bank of India 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-term lending......

Sahara accuses BCCI of "betrayal of trust"

The Sahara Group on Wednesday accused the BCCI of "betrayal of trust" while rejecting claims of the Board that the IPL team is to be blamed for the controversy surrounding the franchise fee,......

Why Sahara pulled out of IPL: Full statement

The Sahara Group-owned Pune Warriors India withdrew from the Indian Premier League on Tuesday following the Board of Control for Cricket in India's decision to encash the team's bank guarantee......

How players are lured into spot-fixing

Vicky Nanjappa explains how the player-bookie nexus works A report by the Financial Intelligence Wing, and interrogation of several arrested bookies, has revealed the manner in which players are......

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People speak for state bank of

QNA

Q. Is it not a fact that fully automated banks are not very popular with vast number of common Indians who still prefer services of nationalized banks? If so why?
Good Citizen: A. more

http://qna.rediff.com/questions-and-answers/is-it-not-a-fact-that-fully-automated-banks-are-not-very-pop/25605654/answers/

Q. What is a water bank?
Sudhakar Kuruvada: A. me dear sir even the nationalised banks are fully automated now a days. but as my experience, as far as service is concerned , hdfc bank etc are much better than state bank of india etc more

http://qna.rediff.com/questions-and-answers/what-is-a-water-bank/25565723/answers/25605671

Q. IS SOUTH INDIAN BANK IS A SOUTH INDIAN BANK OR A PRIVATE BANK
Kssundaram Kumar: A. A water bank is a mechanism designed to facilitate the transfer of water use entitlements from one location or use to another. A water bank...... more

http://qna.rediff.com/questions-and-answers/is-south-indian-bank-is-a-south-indian-bank-or-a-private-ban/25555525/answers/25565724

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Chidambaram

Finance Minister P Chidambaram on Friday asked countrymen to contain their "uncontrolled passion" for gold and instead save in financial... ...

http://ibnlive.in.com/news/contain-uncontrolled-passion-for-gold-chidambaram-asks-countrymen/393762-3.html

Merger of banks is just round the corner, omens tell

With the Union government gunning for two or three world-size banks in India, the merger of Kerala-based State Bank of Travancore with the State... ...

http://www.thehindu.com/news/cities/Kochi/merger-of-banks-is-just-round-the-corner-omens-tell/article4747183.ece

Ex-Guatemala president extradited to US

Ex-Guatemalan President Alfonso Portillo was extradited on Friday to the United States to face charges of laundering $70 million in Guatemalan... ...

http://www.sify.com/news/ex-guatemala-president-extradited-to-us-news-international-nfywJqdcgei.html

UBHL can sell 27 per cent USL shares, says HC

In a much needed relief to the United Breweries Holdings Limited (UBHL), the High Court of Karnataka on Friday permitted the company to sell 27 per... ...

http://www.deccanherald.com/content/334459/ubhl-can-sell-27-per.html

Investor fears send Asia stocks reeling

The two biggest economies in Asia showed signs of stress on Thursday, with a 7.3 per cent plunge in the Japanese stock market and a surprise... ...

http://www.deccanherald.com/content/334446/investor-fears-send-asia-stocks.html

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