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SBI chief Arundhati Bhattacharya may serve for another year
"There is a need for continuity at a time when the process of consolidation is going on," sources t…
Six banks are going to merge into SBI
Marking the first ever large-scale consolidation in the Indian banking industry, the merger will re…
Clean up books before merger, SBI directs associate banks
"Post-merger, an account can't be classified as standard in the books of one associate bank and sub…
State Bank of Mysore ruling the banking space at Dalal street
The Net NPAs showed a downward trajectory falling to 2.1 percent in the first quarter compared …
Mysore’s little airport secretly regulated chartered flights to ferry all Rs 2000 notes from the mint
The two-decade-old press - which is rated one of the best currency printing presses in the world --…
SBI's associate banks employees on strike today
The SBI associate banks employees also warned the management that they would go for a nationwide st…
Hey Karnataka, why so angry?
(Image: BCCL) Since the ratification of the treaty in 1960, India and Pakistan have not engaged in …
Mallya now appeals to overturn London High Court's bankruptcy order
Embattled businessman Vijay Mallya, who is based in Britain for over five years, is pursuing appeal…
PTI
The chairman of India’s largest bank has said that it shouldn’t absorb any more banks
SBI is India’s largest bank, holding a little under a quarter of all the assets in the banking…
This is why the Finance Minister wants to acquire more small and mid-sized banks
One of the possibilities is that large public sector banks (PSBs) like Punjab National Bank, B…
Who is becoming SBI’s new chief after Bhattacharya?
This also includes chairman and one managing director of the SBI, which alone has markshare…
Mega bank merger marks new dawn for Indian banking space: FinMin
"We don't foresee any problem it is going as per the plan. We have reviewed in the light of this s…
PTI
Mega-merger of PSU banks to be effective from Wednesday; 6 banks cease to exist
Commenting on the consolidation, Canara Bank MD L V Prabhakar said, "We are delighted that followin…
PTI
Allahabad Bank gets govt's in-principle nod for merger with Indian Bank
New Delhi, Nov 19 () Allahabad Bank on Tuesday said the government has given in-principle approval …
PTI
SBI To Merge Five Associate Banks With Itself
“When I came in, there were a number of fires in the parent itself. So if you have to do something,…
Govt closely monitoring agriculture credit given by banks: FM
"Credit limit has been expanded. I am sure it is based on local ground level requirement...we expe…
PTI
Vijay Mallya’s journey from a businessman to a fraudster
Here is the breakdown of Mallya’s journey from a businessman to a wilful defaulter. 1) Mallya owes …
Associate Banks Don’t Require Additional Capital: SBI
Kannan, who is also the group executive for SBI associates and subsidiaries, added that the that th…
Efforts of banks under PCA frameworks are being monitored: RBI Governor
Last year in August, the government announced the consolidation of ten public sector banks (PSBs) i…
PTI
PNB, Union Bank get in-principal nod from govt for proposed merger
New Delhi, Nov 18 () Punjab National Bank and Union Bank of India on Monday said they have received…