The country’s largest lender State Bank of India (SBI) has acquired a minority stake in JSW Cement Ltd at an investment of Rs 100 crore. SBI has acquired compulsorily convertible preference shar...

SBI Mutual Fund (SBI MF) may soon be listed on the bourses. State Bank of India (SBI) which holds almost 63 per cent in the fund house on Wednesday said it planned to offload 6 per cent of its stake t...

The Supreme Court on Tuesday said that the case involving fugitive businessman Vijay Mallya will be dealt with finally on January 18 next year. Mallya owes over ₹9,000 crore in form of unpaid l...

Bankers have been cowering in fear for years, terrified at the prospect of being dragged out of retirement and hounded by federal agencies for what they later construed as fraudulent or bad faith comm...

State Bank of India (SBI) on Wednesday topped Street expectations to report a 67 per cent jump in standalone net profits for the second quarter ended September 30 on a decent growth in its core income...

In a development that has sent shock waves through the banking industry, former State Bank chairman Pratip Chaudhuri was arrested in an alleged loan scam case related to a hotel in Jaisalmer, Rajastha...

The Reserve Bank of India (RBI) on Monday imposed a monetary penalty of Rs 1 crore on the State Bank of India (SBI) and a Rs 1.95 crore fine on Standard Chartered Bank for the violation of various gui...

The government is considering appointing Soma Sankara Prasad, the deputy managing director of State Bank of India, as managing director of Calcutta-based Uco Bank.  The Banks Board Bureau (BBB) ...

India needs four to five “SBI size” banks to meet the growing needs of the economy and industry, finance minister Nirmala Sitharaman said on Sunday.  Addressing the 74th annual genera...

A State Bank research report has suggested  major changes in the tax treatment of interest rate on bank deposits as the real interest rate on deposits have turned negative amid the lure of return...