In line with Prime Minister Narendra Modi's port-led development programme, India's premier container port, Jawaharlal Nehru Port Trust, has signed an agreement with State Bank of India and Development Bank of Singapore for External Commercial Borrowing (ECB) to improve the infrastructure required for "doubling" its existing capacity to 9.85 Million TEUs annually.
State Bank of India () (SBI) (, , ) is the largest state-owned banking and financial services company in India.
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Recent news stories about State Bank of India
Former head of the Competition Commission of India (CCI) Ashok Chawla will take over as the non-executive part-time chairman of YES Bank -- the country's fifth-largest private sector bank -- in October as the RBI has given approval for the appointment, the bank said on Monday.
The appointment of Urjit Patel, as Governor of the Reserve Bank of India (RBI), effective from September 4, has naturally raised expectation among those who were critical of outgoing Governor Raghuram Rajan for not easing enough the monetary policy by cutting rates.
Banking industry captains on Saturday welcomed Urjit R. Patel as Raghuram Rajan's successor at the Reserve Bank of India (RBI).
Unable to withstand the jitters of weak domestic macro-economic data and increased chances of a US rate hike, Indian equity markets traded with volatile sentiments to end on a flat-to-negative note in the just-concluded week.
Profit booking, negative global cues and a weak rupee subdued the Indian equity markets on Friday.
The share swap ratio announced by State Bank of India (SBI) for taking over three of its listed associate banks and the Bharatiya Mahila Bank (BMB) is a non-event with revenue synergy/cost efficiencies being open variables and little change in consolidated tier one capital, investment banking firm Jefferies has said.
In a move that can potentially trigger a major consolidation in India's state-run financial services space, the board of State Bank of India (SBI) on Thursday approved the swap ratio for taking over four banks -- three of its associate banks as well as the Bharatiya Mahila Bank Ltd (BMB).
Apart from State Bank of India (SBI) and its associates, the rest of the public sector banks (PSBs) along with foreign banks, are losing out on their share of primary bank relationships for corporates, a report has said.
Negative global cues, along with profit booking and lower global crude oil prices, depressed the Indian equity markets on Tuesday.
Videos about State Bank of India
August 22, 2012
New Delhi/ Kolkata / Lucknow, Aug 22 (ANI): Unions at banks across the country representing about one million employees have called for a nationwide ...
April 24, 2012
New Delhi, April 24 (ANI): Following the central bank measures, the State Bank of India (SBI) today has declared to cut loan rates for small and ...
November 16, 2011
Mumbai, November 16 (ANI): The State Bank of India has denied that it would restructure the debt of beleaguered Kingfisher Airlines, owned by liquor ...
November 14, 2011
New Delhi, November 14 (ANI): Creditors led by the State Bank of India (SBI) have asked Kingfisher airlines to raise fresh equity of Rs, 800 crore ...
November 12, 2011
New Delhi, November 12 (ANI): Union Civil aviation minister Vayalar Ravi on Saturday refused to comment on the Kingfisher crisis, saying that he was ...
Photos related to State Bank of India
August 22, 2016
Mumbai: SBI Chairperson Arundhati Bhattacharya during IACC Annual Convention in Mumbai on Aug 22, 2016.
August 12, 2016
Mumbai: SBI chairman Arundhati Bhattacharya announces quarterly financial report of the the bank in Mumbai, on Aug 12, 2016.
August 3, 2016
Kolkata: State Bank of India Chairperson Arundhati Bhattacharya addresses during the 13th Banking Conclave in Kolkata, on Aug 3, 2016.
July 29, 2016
New Delhi: Union Minister for Finance and Corporate Affairs Arun Jaitley addresses at the launch of the SBI's Wealth Management Initiative and unveil SBI Exclusive Services, in New Delhi on July 29, 2016.
July 29, 2016
New Delhi: SBI Chairman Arundhati Bhatacharya addresses during the announcement of the SBI's Exclusive Wealth Management Services in New Delhi on July 29, 2016.