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Page-7 of Topic: State Bank of India

Rajnish Kumar appointed as new chairman of State Bank of India (SBI)

Rajnish Kumar, the Managing Director of SBI, has been appointed as the new chairman of the State Bank of India (SBI) for a period of three years. He...

October 4, 2017

All about WPP: the BrandZ Top 50 Indian companies report

WPP is the world leader in marketing communications and is known for its reports on various statistics. It leads a group of companies which deal in various peripheral...

August 21, 2014

Anup Sankar Bhattacharya is the new Director of IBPS

Anup Sankar Bhattacharya has been appointed as the Director of the Institute of Banking Personnel Selection (IBPS). He took the place of M Balachandran.  Mr.Bhattacharya was the part...

July 9, 2012

SBI posts nearly 200-time increase in profit for Jan-March period

SBI, India’s largest bank posted nearly 200-time increase in profit at over Rs 4,000 crore for January-March period. This is the highest ever quarterly profit in SBI’s history...

May 23, 2012

HDFC Bank overtakes SBI in Market Capitalization

Recently, the 17-year-old HDFC Bank for the first time became the most valuable lender in the country overtaking the 204-year-old State Bank of India in market capitalization. Up...

January 9, 2012

Government to Provide Fresh Equity to SBI

After the rating of SBI were downgraded by Moody’s citing rising stress on the loan portfolio and capital constraints. The Government of India is set to provide funds...

December 28, 2011

SBI Subsidiary Banks Bill passed by the Parliament

Parliament passed a Bill that attempt to shift powers to the Central Government from the RBI w.r.t. to State Bank of Hyderabad (a SBI subsidiary) The Lok Sabha accepted...

November 5, 2011

Differentiated Bank Licences and Issues with New Licenses in India

The Indian financial system currently consists of commercial banks, co-operative banks, financial institutions and non-banking financial companies (NBFCs). The commercial banks can be divided into categories depending on...

November 4, 2011

History of Reserve Bank of India

Prior to RBI, all the functions of a central bank were being done by Imperial Bank of India. Imperial Bank of India was established in 1921 via the...

April 28, 2011

Current Affairs : January 12, 2010

Memorable Points: Central Institute of Post Harvest Engineering and Technology is in Ludhiana Salman Khurshid, Minster of State for Corporate Affairs and Minority Affairs (Independent Charge) in the...

January 18, 2010

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