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Small finance bank licences next month: Raghuram Rajan

Last Updated: Thursday, August 20, 2015, 11:16

Rajan said that RBI would announce small finance bank licences next month.

Merger of SBI associate banks not priority now: Bhattacharya

Last Updated: Tuesday, August 18, 2015, 20:52

State Bank of India chairperson Arundhati Bhattacharya today said the bank is currently not looking at merging its associate banks, and is instead focusing on more important challenges.

Yuan devaluation is challenge; but India can overcome: SBI chief

Last Updated: Wednesday, August 12, 2015, 20:06

State-run SBI chief Arundhati Bhattacharya Wednesday said Chinese currency Yuan devaluation is a challenge and expressed hope that India has potential to overcome this challenge.

SBI hopes to sell stakes in insurance units by year end

Last Updated: Tuesday, August 11, 2015, 21:55

State-run State Bank of India Tuesday said the valuation process for the stake sale in its insurance units has begun and the transaction is likely to be completed by the end of the year.

SBI chief does not see credit pick up before March quarter

Last Updated: Thursday, August 6, 2015, 23:40

State Bank chairperson Arundhati Bhattacharya Thursday said bank credit is not picking up despite the seeming revival in the economy, adding that an improvement is not likely before the March quarter.

SBI rules out rate cut in near future

Last Updated: Tuesday, August 4, 2015, 13:11

Top public sector lender SBI today ruled out any interest rate cut for its borrowers, even as the RBI chided banks for not having passed the full benefits of the last three reduction in its policy rate.

SBI sees no rate cut by RBI on Aug 4

Last Updated: Friday, July 17, 2015, 14:45

Country's largest lender State Bank of India (SBI) on Friday said it is not expecting a rate cut by RBI in the monetary policy review next month on account of slightly higher retail inflation.

Low inflation offers scope of RBI rate cut to boost growth: SBI

Last Updated: Sunday, July 5, 2015, 15:12

"With ebbing inflationary pressures there may be further scope for monetary stimulus to pump up domestic demand," SBI Chairperson Arundhati Bhattacharya said.

SBI plans massive branch overhaul; to focus on digital banking

Last Updated: Wednesday, July 1, 2015, 21:20

"The entire SBI branch network is undergoing a transformation. There will be changes in the branch location as well as depending on where the habitation is moving.

SBI eyes top slot in mobile banking with focus on corporates

Last Updated: Tuesday, June 30, 2015, 23:43

Bhattacharya said the lender ranks at top in mobile banking in terms of number of transactions done but in terms of volumes it is still at third or fourth position.

SBI steps up recovery of bad loans in retail, realty segments

Last Updated: Monday, June 29, 2015, 21:13

SBI is taking steps to clamp down on bad loans that include web-based tracking of assets and "regular calls" to stressed accounts in retail as well as real estate segments, Chairperson of the country's largest lender Arundhati Bhattacharya has said.

Signs of pickup in bank credit, says SBI Chairwoman

Last Updated: Friday, June 19, 2015, 21:58

State Bank of India's Chairwoman Arundhati Bhattacharya on Friday said there are signs of pickup in bank credit and demand for working capital from corporates has also started to rise.