The Reserve Bank of India (RBI) designated SBI to act as the lead bank in four newly constructed districts in Meghalaya. The central bank also assigned State Bank...
The Reserve Bank of India (RBI) will issue Inflation Indexed National Savings Securities Cumulative (IINSS-C) bonds (or inflation linked bonds) for retail investors by opening the subscription on...
According to the latest annual list of Fortune 500 companies in India published by business magazine Fortune, state-run Indian Oil Corp (IOC) is country’s biggest company in terms...
To safeguard the financial system from any possible crisis situation where large financial institutions faltered due to loss of confidence in the financial system, the Reserve Bank of...
The RBI, in its Second Quarter Review of Monetary Policy 2013-14, asked banks to charge customers for transaction SMS alerts on the basis of usage, instead of imposing...
Arundhati Bhattacharya, Managing Director and Chief Financial Officer of State Bank of India, has become its first woman Chairman. She succeeds Pratip Chaudhuri who retired as Chairman on...
Global rating firm, Moody’s Investors Service, has downgraded State Bank of India’s senior unsecured debt and local currency deposit ratings to Baa3 or lowest investment grade rating from Baa2...
The government has launched a portal which will facilitate citizens to file RTI applications online in all central government ministries and departments. The web address of the portal is www.rtionline.gov.in...
The government has clarified that there is no proposal to raise foreign investment limit in the banking sector. What is the current status of foreign investment in banking...
