SBI is expected to become a lender of global proportions with an asset base of over $555 billion
SBI said that ATM in question has reportedly been sealed by Delhi Police for further investigation
Arundhati Bhattacharya called for better telecom infra to drive digital payments agenda of govt
The existing web address will remain active till customers become familiar with new address
The incident took place when the miscreants barged into Chaandan branch of the bank and attacked the officials
There could still be a price arbitrage as the merger date has not been made clear yet
She informs employees can either retain their current pay structure or they can get the SBI standards package
Post-merger, a shareholder will get 28 shares of SBI for every 10 shares of SBBJ
State Bank of Mysore, State Bank of Bikaner & Jaipur and State Bank of Travancore were up in the range of 4%-5%
Consolidation of books to take 30 days from announcement of merger date
The application process for SBI PO 2017 starts from February 7, 2017 to March 6, 2017
NPA provisions decline but gross bad loans as a percentage of total loans rose slightly to 7.23%
Higher treasury profits, weak credit growth and continued asset quality woes are key worries
Gross NPA rose marginally to Rs 52,890 cr at the end of Dec 2016 from Rs 51,380 cr in Sept 2016
Arundhati Bhattacharya herself was part of the 1977 batch of probationary officers
The lender aims to attract bankers from emerging economies and neighboring countries as trainers
Forthcoming Union Budget is a time when banks are flush with funds post-demonetisation
Shares were issued at a price of Rs 269.59 per unit of face value of Re 1 each
The bonds will mature on January 24, 2022, the bank said
SBI last raised overseas debt by issuing $300 million last September, $1.25 billion in Feb, 2014