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Total 24 results found. Search for [ SBBJ ]

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New Delhi, November 27, 2019
The attached assets are four immovable properties valued at Rs 3.80 crore -- three residential-cum-business houses in Jaipur, a flat located in a posh locality in Mumbai -- and fixed deposits of Rs 1.31 crores in SBI, Jaipur

New Delhi, July 19, 2018
Salaries of central government employees to rise? Govt plans dearness allowance hikeThe Central government is set to modify the index and base year that are used to calculate dearness allowance (DA). The move will result in yet another salary hike of the government employees after two per cent allowance raise approved earlier this year. The DA is a cost of living adjustment allowance paid to government employees and pensioners. It is a component of salary, and is counted as a fixe...

Virendrasingh D Ghunawat
New Delhi, February 26, 2018
Agency sources say it'll be \"very difficult\" for these 31 banks to recover the additional Rs 5,280-crore loan offered to Gitanjali. The Mehul Choksi-owned company, along with Nirav Modi's Firestar Diamond, is already being investigated for the biggest banking fraud in India.

New Delhi, August 27, 2017
The finance ministry is open to providing capital support for facilitating consolidation among state-owned banks, which are reeling under mounting bad loans, official sources said.

BT Online
July 19, 2017
The government is working on a consolidation agenda with a view to creating 3-4 global-sized banks and reduce the number of state-owned lenders to about 12, an official said.

New Delhi, June 9, 2017
Five associate banks and Bharatiya Mahila Bank became part of SBI on April 1, 2017, catapulting the country s largest lender to among the top 50 banks in the world.

May 28, 2017
The finance ministry has initiated the process for finding new chief of the country's largest lender State Bank of India (SBI) as Arundhati Bhattacharya's extended term comes to an end on October 6.

BT Online
New Delhi, March 21, 2017
State Bank of India (SBI) has said that it would to shut down 47% of the offices of associate banks following their merger on April 1. SBI will initiate the process for the closure of the associate banks' offices on April 24.

Mumbai, March 21, 2017
Branches of all five associate banks, which is merging with parent State Bank of India, will begin functioning as SBI branches from April 1.

New Delhi, February 24, 2017
All the five associates will merge with State Bank of India from April 1, in the largest consolidation exercise in the banking history of India.

New Delhi, February 15, 2017
\"The Cabinet had earlier in-principle cleared the (merger) proposal. It had gone to the boards of various banks which have granted the approvals. The recommendations of the boards were considered today and the Cabinet cleared the proposal,\" Finance Minister Arun Jaitley said.

New Delhi, January 2, 2017
State Bank chairperson Arundhati Bhattacharya today hinted that the mega merger of its five associate banks and Bharatiya Mahila Bank (BMB) could be pushed to the next financial year as it is still awaiting the government notification on the move.

September 4, 2016
SBI hopes to kick off merger of its associates as well as Bharatiya Mahila Bank with itself by October-end and try to complete the process by March next, making it the 45th largest lender globally in terms of assets.

BT Online
New Delhi, August 19, 2016
Stocks of associate banks showed mixed trend. State Bank of Bikaner and Jaipur added 3.95 per cent, State Bank of Travancore was up 8.72 per cent, while State Bank of Mysore bucked the trend to plunge over 10 per cent.

BT Online
August 18, 2016
The merged entity will create a banking behemoth, which can compete with the largest in the world, with an asset base of Rs 37 lakh crore or over $555 billion.

New Delhi, July 27, 2016
On the basis of inputs received from a public sector bank, the Reserve Bank had undertaken a scrutiny on advance import remittances in 21 banks in October and November 2015.

Chennai, June 17, 2016
\"The central government is trying to divert the nation's attention from the Himalayan scale of bad loans given by the nationalised banks\"

Thiruvananthapuram, May 19, 2016
The country's largest bank on Tuesday decided to submit a proposal to the central government seeking an \"in-principle approval\" to initiate negotiations for the acquisition of its five associate banks-State Bank of Mysore (SBM), State Bank of Bikaner and Jaipur (SBBJ), State Bank of Patiala (SBP), State Bank of Travancore (SBT) and State Bank of Hyderabad (SBH).

October 1, 2015
With the repo rate reduction, all loans linked to the base rate would be cheaper by at least 0.35 per cent.

Anand Adhikari
December 18, 2015
Shikha Sharma's stint at Axis Bank has yielded dramatic results.

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