Provisioning for bad loans doubled to Rs 7,670 crore showing little signs of improvement in the bank's asset quality
The bank has been able to press into service only about half of its ATM network nationwide
Nearly 14 lakh crore are held in Rs 500 and Rs 1000 notes
SBI Group which includes all its five subsidiaries has 55,000 ATMs and 7,000 cash deposit machines (CDMs). SBI alone has close to 17,000 branches and serves tens of millions of customers
The bonds will be issued in domestic and overseas markets to finance infrastructure and affordable housing
FTSE and SBI had signed a letter of intent last year to create the index that would work as a benchmark for Indian bonds
The banks have waived off all processing fees for loans during festive season ending December 31, 2016
Parent infuse Rs 2,400 crore in SBP to meet CAR norms
Last date to register application and pay examination fee online is October 31, 2016. Last date for receipt of hard copy of online application along with enclosure for contractual post is November 4, 2016. The test will be conducted tentatively on November 25, 2016
In regulatory filing, bank says, it is in nature of debentures of face value Rs 10 lakh each
With debit cards of 5 banks compromised, time to be very cautious while transacting. If possible, avoid non-bank ATMs
The security breach happened through a malware in the systems of Hitachi Payments Services, which serves ATM network of Yes Bank and also some white-label ATMs.
SBI said it is aiming to replace around six lakh debit cards within two weeks
On an average, SBI requires at least 13,000 staff (new hires) on account of retirement every year
Expects to conclude deal in FY17
During bank nationalisation, the Rangoon branch of Bank of Bengal was taken over by the Peoples' Bank No 8 of Burma in February 1963
Scope for two IFSCs in India, says Arundhati Bhattacharya
Formally launches international banking unit at IFSC
Decision sparked by mounting NPAs; mid-corporate bad loans account for 41% of total NPAs worth Rs 1.02 lakh crore
SBI has 17,000 branches and together with its subsidiaries, the tally will come to nearly 23,000 after merger