Cash shortage problem to be resolved by tomorrow: SBI Chief

Apr 19 2018

Problem of cash crunch being faced by some states will be resolved by tomorrow as currency is being transported to areas which are facing the shortage, SBI Chief said.

ATMs in some states still out of cash; 80% working now

Apr 18 2018

ATMs in some parts of the country continued to remain out of cash as the govt scrambled to rush currency to meet an "unusual spurt in demand" ahead of looming polls.

Financial institutions need to guard against reputation risks: SBI

Apr 16 2018

Financial organisations ought to guard against reputation risks by a sizeable investment in process thinking and cultural improvements, says a SBI report.

SBI MF re-classifies schemes; gives exit option to unit holders

Apr 15 2018

SBI MF has re-classified its several schemes, a move that will reduce clutter and make it simple to compare performance of various other MF schemes.

'2 yrs back,RBI found no quid pro quo in ICICI loans to Videocon'

Apr 15 2018

RBI stated that 'quid pro quo' could not be established as ICICI Bank had to take a share like other banks in the consortium, RBI docs said.

Kotak Mahindra Bank says biz not impacted by payments banks

Apr 12 2018

Launch of payments banks and small finance banks has not impacted private sector lender Kotak Mahindra Bank, a senior official said.

PNB fraud case: CBI examines two State Bank of India officials

Apr 12 2018

The CBI said it is examining two officials of overseas branches of an Indian bank in connection with its ongoing probe into the Rs 13,500 crore PNB fraud case.

Wipro, State Bank commit to electric vehicles globally

Apr 11 2018

Wipro and SBI committed transitioning their respective global fleets into electric vehicles by 2030.

Dimension Data enables SBI with 60 'digital' branches

Apr 10 2018

Global ICT solutions and services provider Dimension Data announced that it has enabled SBI with its Next-Gen solution at 60 "digital" branches in the country.

SBI, PNB put 15 NPAs worth Rs 1,063 crore for sale

Apr 08 2018

Leading public sector lenders State Bank of India (SBI) and PNB have put their 15 non-performing assets worth Rs 1,063 crore for sale.

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