Current Affairs

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Page-9 of SBI

Arundhati Bhattacharya is the new managing director of SBI

The Govt. has appointment Arundhati Bhattacharya has been appointed as the new managing director of the State Bank of India (SBI). Previously, Bhattacharya was the managing director of SBI...

August 6, 2013

Fact Box: 'Diaspora Bonds'

India thinks over ‘Diaspora Bonds’ India is examining to introduce “Diaspora Bonds” to attract investment from NRIs (Non-Resident Indians), to facilitate greater inflow of funds in the infrastructure sector. The...

June 25, 2013

Sharad Sharma becomes ED of Geojit BNP Paribas

Sharad Sharma has been appointed as the Executive Director of Geojit BNP Paribas to oversee the company’s operations. Satish Menon, also the Executive Director, will be responsible for...

February 9, 2013

SBI slashes base rate to 9.7%

India’s largest public sector bank, State Bank of India, has cut its base rate (minimum lending rate) marginally from current 9.75% to 9.70%. The decision came following RBI...

February 4, 2013

SEBI revises OFS mechanism

Market regulator, the Securities and Exchange Board of India (SEBI), has revised the Offer For Sale (OFS) mechanism as the deadline is approaching for the promoters of listed...

February 2, 2013

Central Government to infuse Rs 3,004 crore in SBI

The Central Govt will infuse a capital of Rs. Rs 3,004 crore in State Bank of India (SBI) as a part of capital infusion plan for the current...

January 24, 2013

SBI to set up 'by-invitation-only' branches to serve Super-rich and NRIs

India’s largest public sector bank, State Bank of India (SBI), along with its associates, plans to set up ‘by-invitation-only’ branches under the ‘Kohinoor’ brand in 20 cities to...

January 20, 2013

SBI unveils MobiCash Easy

  State Bank of India (SBI) has unveiled its mobile wallet named State Bank MobiCash Easy which provides facilities such as fund transfer, bill payment, balance inquiry, mini...

January 3, 2013

SBI, RDIF collaborate to form $2 billion consortium

To encourage investments b/w the two nations, India’s State Bank of India (SBI) and Russian sovereign wealth fund Russian Direct Investment Fund (RDIF) came together to ink an...

December 28, 2012

RBI sets up supervisory colleges for SBI, ICICI

The RBI has for the first time established the ‘Supervisory College’ for cross border supervision of State Bank of India (SBI) and ICICI Bank. What is the role...

December 8, 2012

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