Country's biggest lender State Bank of India (SBI) on Friday said stressed assets in the system are likely to see a decline due to reforms in power distribution companies and
State Bank of India expects its accounts under the Jan Dhan scheme to break even next year given the healthy growth in average deposits in these accounts, while total deposits
In the wake of imminent competition from payment banks, country’s biggest lender SBI is working on ways to strengthen its low-cost model, including the business correspondents, to outrun the niche banks, which are expected to leverage technology so as to gain share in the low-income customer space.
The piling inventory levels of realty players today brought the controversial 'teaser loans' back into focus, with the largest lender State Bank of India asking RBI to allow lenders to
Country's largest lender State Bank of India today launched a mobile wallet app, SBI Buddy, in collaboration with Accenture and Mastercard.
The service will be available to existing as well
Largest lender State Bank of India has taken a slew of HR initiatives to help its over 2. 3 lakh employees evaluate their performance and enhance productivity
State Bank of India today reported a 5.9 per cent increase in net profit at Rs 4,713.57 crore for the first quarter ended June on the back of a decline in bad loans.
Top public sector lender SBI today ruled out any interest rate cut for its borrowers, even as the RBI chided banks for not having passed the full benefits of the last three reduction in its policy rate.
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William D. Green
Chairman & CEO, Accenture