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Chanda Kochhar, Arundhati Bhattacharya top Fortune's most powerful women list

Last Updated: Monday, September 14, 2015, 17:11

Bankers Chanda Kochhar and Arundhati Bhattacharya have been ranked as top two in a list of most powerful women in Asia Pacific prepared by the global magazine Fortune.

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.

'RBI has less stringent norms on systemically important banks'

Last Updated: Monday, September 7, 2015, 15:52

RBI has recently identified the state-owned SBI and private lender ICICI Bank as D-SIBs and subjected them to higher levels of supervision to prevent disruption to financial services in the event of any failure.

SBI fixes Rs 274.37 price for preferential share issue to govt

Last Updated: Thursday, September 3, 2015, 21:43

Country's largest lender SBI on Thursday said it will issue over 19.6 crore shares on preferential basis at a price of Rs 274.37 per share to the government for raising Rs 5,393 crore capital.

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).

Banking services hit by day-long strike

Last Updated: Wednesday, September 2, 2015, 20:02

Banking services across the country were hit Wednesday by the day-long strike by 10 central trade unions and 14 bank unions, but workers of largest lender SBI and a few other banks stayed off the agitation.

Indian banks face broader capital challenges, says Fitch

Last Updated: Wednesday, September 2, 2015, 16:15

Fitch Ratings on Wednesday said that RBI declaring only ICICI Bank and SBI as Domestic Systemically Important Banks (DSIBs) reflects in part some of the broader capital challenges in India.

Fitch affirms ratings on 9 Indian banks

Last Updated: Tuesday, September 1, 2015, 19:17

International ratings agency Fitch has downgraded viability rating of state-run Punjab National Bank by a notch while affirming ratings on nine banks, including SBI and ICICI Bank.

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.

RBI says SBI, ICICI Bank systemically important banks

Last Updated: Monday, August 31, 2015, 21:22

RBI Monday identified state-owned SBI and private sector ICICI Bank as systemically important banks and subjected them to higher levels of supervision to prevent disruption to financial services in event of any failure.

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.