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Thousands transferred, branches closed, but no major protests in SBI

Chennai, Aug 15 (IANS) India’s largest lender, State Bank of India (SBI), has rationalised 716 offices (594 branches and 122 administrative offices) and several thousands of employees have been...

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Employees should be kept on board during bank mergers: SBI

New Delhi, Aug 24 (IANS) In the backdrop of the government approving constitution of an alternate mechanism to oversee proposals of bank mergers, State Bank of India Managing Director Dinesh Khara on...

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RBI adds HDFC among banks ‘too big to fail’ with SBI, ICICI

Mumbai, Sep 4 (IANS) The Reserve Bank of India (RBI) on Monday announced it has added private lender HDFC Bank to its list of “domestic systemically important banks” (D-SIBs) considered too big to...

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GDP in Q2 expected to stay below 6%: SBI report

New Delhi, Sep 14 (IANS) GDP growth during the second quarter of the current fiscal is expected to remain below 6 per cent due to a downward trend in exports and muted growth in the agriculture...

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Penalty from accounts to partly fund Aadhaar linkage costs: SB

New Delhi, Sep 17 (IANS) State Bank of India (SBI) expects to collect Rs 2,000 crore as penalty on savings bank accounts which have failed to maintain a minimum balance, a sum which may be used to...

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Rajnish Kumar named new SBI Chairman

Mumbai, Oct 4 (IANS) The government on Wednesday named Rajnish Kumar as Chairman of the State Bank of India (SBI). Kumar, currently a Managing Director of SBI, will succeed Arundhati Bhattacharya...

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Rajnish Kumar is new SBI Chairman

Mumbai, Oct 4 (IANS) A post-graduate in Physics-turned professional banker, Rajnish Kumar was on Wednesday named the new Chairman of the State Bank of India (SBI). Kumar, currently one of the Managing...

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SBI chief asks staff to be ethical, courteous

Mumbai, Oct 9 (IANS) Warning of challenges ahead, State Bank Of India’s new Chairman Rajnish Kumar has called upon all the 268,705 employees to maintain the highest standards of ethics and provide...

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Challenges ahead, be ethical, courteous, new SBI chief tells staffers

Mumbai, Oct 9 (IANS) Warning of challenges ahead, the State Bank of India’s new Chairman Rajnish Kumar asked all the 268,705 employees of the country’s largest bank “to maintain the highest standards...

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SBI to help restore Mumbai’s heritage site Shivaji Terminus

Mumbai, Oct 17 (IANS) Biggest public sector lender State Bank of India will help restore and conserve the world heritage site of Central Railway headquarters, the iconic Chhatrapati Shivaji Maharaj...

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