Post Tagged with: "State Bank of India"

SBI celebrated 150 years of its operations in Colombo

SBI celebrated 150 years of its operations in Colombo

September 15, 2014 at 11:06 am 0 comments

State Bank of India  celebrated 150 years of its operations in Sri Lanka on 13 September 2014.  SBI Colombo is operational since 1864.  It was earlier a branch of Bank of Hindustan, which was taken over by Bank of Madras in 1867.SBI Managing Director Krishna Kumar reaffirmed the bank’s commitment to […]

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Government to infuse Rs.14,000 crore equity in banks

Government to infuse Rs.14,000 crore equity in banks

October 24, 2013 at 10:38 am 0 comments

The government Wednesday said it will infuse Rs.14,000 crore equity capital in 20 public sector banks during the current financial year. “The Government of India has approved infusion of Rs.14,000 crore in the PSBs during financial year 2013-14, through preferential allotment of equity in its favour,” the finance ministry said […]

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Arundhati Bhattacharya is new chief of SBI

Arundhati Bhattacharya is new chief of SBI

October 8, 2013 at 11:29 am 2 comments

Arundhati Bhattacharya Monday took over as the new chairperson of the State Bank of India (SBI). She is the first woman to be appointed to the top job at the country’s largest lender. Prior to her elevation to the top job, 57-year-old Bhattacharya was managing director and chief financial officer […]

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Current account deficit widens to $21.8 bn

Current account deficit widens to $21.8 bn

October 1, 2013 at 11:16 am 0 comments

India’s current account deficit rose to $21.8 billion or 4.9 percent of the country’s gross domestic product (GDP) in the quarter ended June, official data showed Monday. According to the data released by the Reserve Bank of India (RBI), the current account deficit or the different between inflow and outflow […]

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