Page 16 - State Bank Of India

SBI to raise Rs 3,300 cr via additional tier-1 bonds

This is the second time in recent months that the bank is looking to raise funds through this route

SBI gets Rs 2k-cr capital via additional Tier-1 bonds

The Basel-III-compliant debt instrument would have a coupon (interest rate) of nine per cent payable annually

SBI, PNB on a drive to auction properties

Country's largest lender to sell 1,000 properties

SBI to raise up to Rs 11,100 cr through Tier-I bonds

Four foreign banks in fray for mandate

SBI announces results for PO mains recruitment exam 2016

Candidates can check the result on SBI's official website. The interview call letters for successful candidates should be issued August 24, 2016 onwards

Don't bet for now on SBI scrip

State Bank of India's planned merger with its associate banks is set to make it one the world's top 50 in terms in terms of assets. This, however, might not suffice to make it a high performer on Dalal Street, going by global experience. Globally, there seems to be a negative correlation between a bank's size (in assets) and its stock performance.Most of the world's biggest banks in terms of assets -- Mitsubishi UFJ, JPMorgan Chase, BNP Paribas, Bank of America, Citi Group, Deutsche Bank, Barclays -- have been gross underperformers on the bourses in both the past year and three years. Most of them witnessed a decline in their share price and market capitalisation, despite a global rally in equities (see chart).For example, the stock price of Mitsubushi UFJ - currently the world's top bank outside China, in terms of assets -- is down 40 per cent over the past 12 months and gave a negative annualised return of 1.4 per cent in the past three years. At end of March, it had total assets of

SBI merger: the winners and losers

Does SBI really benefit from the merger or is the government trying to sweep the dust under SBI's carpet?

Asset quality shines through SBI's Q1

Bank on better footing than most PSU peers on asset quality, capitalisation and growth parameters

RIL, SBI sign shareholder agreement for payments bank JV

RBI granted in-principle approval to RIL as a promoter in September 2015 for the setting up of the payments bank

SBI to offer banking services on Facebook, Twitter

The new initiative was launched on Friday on the occasion of 61st State Bank Day

3 candidates interviewed for SBI MD's post

The interviews were held to replace VG Kannan, who is looks after associates and subsidiaries at the bank and retires on June 30

Transparency key in handling infrastructure projects: SBI's Arundhati Bhattacharya

Chairman says there is no dearth of capital to fund infrastructure development, but investments must be handled with 'transparency'

Banks need more tools to fight bad loans: SBI's Arundhati Bhattacharya

Bank's Chairman stresses on having appropriate resolution mechanisms to deal with the issue

SBI: Q4 weak but smaller 'watch-list' surprises Street

Lower proportion of loans likely to turn into bad assets and better capitalisation are key positives