State bank of India has been adjudged the Best Emerging Markets Bank 2015 in India by Global Finance magazine. The outcome is based on an exclusive survey by the magazine in the Asia-Pacific region. This is the twenty-second year that Global Finance has named the World’s Best Banks, and these... (more)
In continuation to the launch of the SBI Composite Index on December 9, 2014, State Bank of India herewith releases yearly as well as monthly Composite Index value for the month of March 2015.
The yearly SBI Composite Index for March 2015 inched up to 54.6 (Moderate growth) from 53.5 (Moder... (more)
State Bank of India, Corporate Accounts Group Branch, Ballard Estate, Mumbai conducted a donation function under SBI’s Corporate Social Responsibility and donated 2 Mobile Medicare Units (MMU) to HelpAge India.
Shri P. Pradeep Kumar, Managing Director & Group Executive, (Corporat... (more)
“We welcome the repo rate cut by RBI. With the Government embarking on a path of qualitative fiscal consolidation and the formal adoption of inflation targeting, inflation trajectory is expected to stay benign and will aid banks in their decision making. Our bank will take an appropriate call... (more)
State Bank of India and Coromandel International Limited (Coromandel) signed a MoU to facilitate financing the farmers who are customers of Coromandel’s Retail Stores. The MOU was signed by Smt. Manju Agarwal (Chief General Manager, SBI) and Mr. Sankarsubramanian (EVP & CFO, Coromandel In... (more)
“The Budget has laid out a clear and tangible roadmap for the future. The decision to incentivise credit and debit card transactions coupled with the proposed new law on black money will bring down the social cost of unaccounted money, apart from adding to the bank bottom-line. The move to fr... (more)
State Bank of India as part of its Corporate Social Responsibility activities donated an ambulance to the Central University of Jharkhand on February 21, 2015 at Ranchi. The symbolic key of the ambulance was handed over by Smt. Arundhati Bhattacharya, Chairman, SBI to Shri. A. N. Mishra, VC of the ... (more)
State Bank of India as part of its Corporate Social Responsibility activities donated Rs.9,82,881 to Pranab Kanya Sangha in Port Blair for the purchase of a school bus to facilitate transportation of school going children from their Sangha Home.
Pranab Kanya Sangha is a social organization... (more)
Views of Ms. Arundhati Bhattacharya, Chairman, State Bank of India on RBI Monetary Policy:
“RBI policy was in line with market expectations of a status-quo. The SLR cut is expected to provide growth supportive liquidity of about Rs. 45,000 crore. The flexibility regardi... (more)
State Bank of India (SBI), India’s largest Bank and the European Investment Bank (EIB) the European Union’s long-term lending institution, signed a Loan Agreement for Euro 100 million to be utilised for on-lending to private businesses in the country. This is 3rd tranche of a total loan... (more)
