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Rupee must fall more to save exports, prevent China dumping: SBI

Last Updated: Monday, September 7, 2015, 20:42

As the rupee touched a new 2-year low, State Bank chairperson Arundhati Bhattacharya today said it must fall further to help domestic exporters.

SBI MD interview on Sept 16; six in race to replace Pradeep Kumar

Last Updated: Wednesday, September 2, 2015, 21:57

Six candidates have been invited to appear for the interview on September 16 for the post of a managing director of State Bank of India (SBI).

SBI, ICICI Bank hail D-SIBs tag, say have higher capital base

Last Updated: Monday, August 31, 2015, 23:25

Welcoming Reserve Bank decision to declare them as systemically important banks, state-owned SBI and private sector ICICI Bank Monday said their capital adequacy is much higher than required.

SBI says bankruptcy code can't solve all problems for banks

Last Updated: Monday, August 31, 2015, 22:19

State Bank of India (SBI) Monday raised questions over the bankruptcy code being readied by the government, citing past experiences, while stressing on the need for a change in the overall 'ecosystem' to tide over the problem of bad loans.

SBI not averse to fund start-ups

Last Updated: Sunday, August 30, 2015, 12:25

"We are open to engage with start-ups...This will be a strategic one wherein we can invest in a financial sector company which could help us," a senior bank official said over the weekend.

SBI expects JanDhan accounts to break even next year

Last Updated: Sunday, August 30, 2015, 12:22

State Bank of India expects its accounts under the Jan Dhan scheme to break even next year given the healthy growth in average deposits in these accounts, while total deposits have more than doubled to Rs 5,125 crore as of June-end.

RBI likely to keep repo rate unchanged: SBI chairman

Last Updated: Friday, August 28, 2015, 22:33

State Bank of India chairman Arundhati Bhattacharya on Friday said RBI is likely to keep repo rate unchanged in the September monetary policy review due to the uncertainty in the markets and a volatile rupee.

PSBs need govt support for viability of social schemes: SBI

Last Updated: Friday, August 28, 2015, 17:55

SBI chief Arundhathi Bhattacharya on Friday said the government needs to think about "ways and means" to sustain social security schemes.

SBI chief takes U-turn, says payments banks 'opportunity' for all

Last Updated: Tuesday, August 25, 2015, 23:31

In a U-turn from her earlier stated position on the entry of payments banks, SBI chief Arundhati Bhattacharya Tuesday said there is nothing negative about them and there is a huge opportunity for the entire banking system.

Govt to infuse Rs 5,393 cr in SBI; IOB, UBI to also get funds

Last Updated: Tuesday, August 25, 2015, 23:28

Country's largest lender SBI Tuesday said it will issue equity shares on preferential basis to the government for capital infusion of Rs 5,393 crore.

Rupee fall due to China fears, India on firm footing: SBI chief

Last Updated: Tuesday, August 25, 2015, 00:14

State Bank chairman Arundhati Bhattacharya Monday described the massive fall in the rupee as "driven by apprehensions" about the crisis in China and asserted it does not indicate any fundamental issues with Indian economy.

Manufacturing sector growth improves in August: SBI Index

Last Updated: Monday, August 24, 2015, 23:54

Country's manufacturing sector growth improved both in terms of month-on-month as well as yearly basis in August, an SBI research report said, adding that mining and electricity are still acting as a drag on the economic activity.