Page 49 - Sbi

SBI seeks merger of 5 rural banks in N-E

Proposed entity to have deposit base of Rs 3,578 crore

SBI raises Rs 500 crore via issue of bonds

Last week, the public sector lender had raised Rs 3,000 crore on a private placement basis.

SBI profitability may stay under pressure for 6-8 quarters: Moody's

ICICI Bank can absorb higher level of credit cost due to better operating profitability

SBI and BoB not excited on move to consolidate state banks

Internal unification, recovering bad loans are priorities for these lenders

SBI among 4 new foreign banks allowed to operate in Myanmar

In April last year, Japan's Tokyo-Mitsubishi UFJ became the first foreign bank in decades to open a branch in Myanmar

SBI employees threaten to go on strike on Budget Day

A bank officers' body has threatened to go on strike to protest termination of P V Mohanan, general-secretary of Dhanlaxmi Bank