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Latest Articles in state bank of india

Govt Approves Mahila Bank Merger With SBI For Greater Outreach

Explaining the rationale behind the merger, the finance ministry said the SBI group already has 126 exclusive all-women branches across the country while the Bharatiya Mahila Bank (BMB) has only seven

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SBI Approves Plan To Raise Up To $2.3 Billion In Capital

Ratings agency Fitch estimates India's banks will need about $90 billion to meet global Basel III rules which are due to be fully implemented by March 2019

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SBI Justifies Penalty, Says Needs Money To Cover Jan Dhan Costs

The new charges would be applicable from April 1. The move by the state-run banking major has faced a lot of criticism, including from the opposition parties

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The Transformation Doyenne

Arundhati Bhattacharya is taking the country's biggest bank SBI to even newer heights and unshackling it from its PSU banking culture

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NPAs At Record High: PAC For Naming And Shaming Defaulters

According to the Finance Ministry data, the NPAs of the country's largest lender State Bank of India is Rs 97,356 crore, followed by Rs 54,640 crore of Punjab National Bank and Rs 44,040 crore of Bank of India

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Five Associate Banks To Merge With SBI From April 1

With the merger of all the five associates, SBI is expected to become a lender of global proportions with an asset base of Rs 37 trillion or $555 billion, 22,500 branches and 58,000 ATMs

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SBI Examining Notes At ATMs After Fake Currency Report

A man got four notes of Rs 2,000 which had "Churan label" written on them in place of the official watermark

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Union Cabinet Approves State Bank's Planned Merger With Its Five Subsidiary Banks

The Union Cabinet has approved top lender State Bank of India's (SBI) planned merger with its five subsidiary banks, Finance Minister Arun Jaitley said on Wednesday

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Top Lender SBI Sees Credit Growth Accelerating

State Bank of India predicted its credit growth will accelerate in the next financial year driven by funding for new government projects, as the nation's top lender by assets reported its first rise in quarterly profit in more than a year

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State Bank Of India Q3 Net Profit Doubles, First Rise In Five Quarters

Standalone net profit, not including contributions from subsidiaries or associates, more than doubled to Rs 2,610 crore for the third quarter, versus Rs 1,115 crore a year ago

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SBI Eyes Up To $1.5 Billion Capital Raising Next Fiscal Year

'We do plan to raise some capital. However, this is also dependent on the fact that there is a merger that we are planning to do,' says SBI chief Arundhati Bhattacharya

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BW Real 500: Focus On Loan Book

State Bank of India (SBI) takes the lead yet again this year in announcing rate cuts and systemic restructuring

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SBI Pushes Merger Of 5 Associate Banks, BMB To Next Fiscal

The merger would make SBI a global-sized bank and would be amongst the top 50 lenders in the world, with an asset base of Rs 37 trillion or over $555 billion, with 22,500 branches and over 58,000 ATMs and more than 50 crore customers

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