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The concept, being introduced for the first time in the country, is aimed at erasing the impression among the youth that the SBI is a typical public sector bank with age- old customs.

 
 
Indonesian market provides high growth potential and State Bank of India has identified 2-3 banks for possible acquisition, a senior bank official said.
Total income of the lender increased to Rs 3,206.04 crore during quarter ended September 30, against Rs 2,800.90 crore registered in the same quarter last year.
The bank posted a profit of Rs 1,395 crore for the quarter ended September 30, against Rs 1,145 crore in the correponding period last year.
The state-owned bank's total income increased 11.1 per cent in the reviewed quarter to Rs 5,740.1 crore, against Rs 5,164.9 crore in the year-ago period.
 
 
Banks are doing brisk business despite selling the yellow metal products at 10-12 per cent above the prices prevailing in the local market.

Public sector lender IDBI Bank says it will raise USD 1.15 billion from bonds in the rest of the fiscal to oil its need for capital.

Both have entered into a partnership with the Rajasthan govt to build over 1.25 lakh affordable houses in the state for the poor.

Andhra Pradesh Police arrest three people working with SKS Microfinance and Spandana on a complaint of harassment by a borrower.

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