The bank's stock rises on talk of the central government reducing its shareholding, but unions oppose divestment
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State Bank of India is the leader in digital banking in the country in both volume and value terms, handling over 38 per cent mobile banking transactions a month.
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The declining inflation and a negative industrial outlook have strengthened the case for RBI to cut interest rate in its first bi-monthly monetary policy for 2016-17 on April 5
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The government on Friday cut interest rates for term deposits offered to millions of small savers after the Reserve Bank of India reduced its key repo policy rate by 125 basis points last year
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Finance minister says the cyber heist at Bangladesh Bank was not possible without insider involvement
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The alignment between Finance Ministry, RBI and SEBI on willful default means that crooked brokers in the markets will face tough action by regulators
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After falling for two straight weeks, the total reserves had risen by more than $4 billion to $350.86 billion at the end of the previous reporting week
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The property, with a built-up area of over 17,000 sq ft in Vile Parle area in Mumbai, is being auctioned by SBICAPS Trustee, a subsidiary of SBI Caps through an e-auction
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