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SBBJ BOARD
SBI to complete merger of 6 banks in three monthsSBI has sought three-month time from RBI for merger. It should be done by that timeframe, said SBI Managing Director (national banking grou...- SBI to raise $1.5 bn from overseas bondsThe Executive Committee of Central board approved "the issuance of Reg-S/ stand alone rule 144A senior unsecured debt up to $1.5 bn in mult...
- Cabinet nod for merger of Bharatiya Mahila Bank with SBI likely in 3 monthsAlong with BMB, five associates will be merged with SBI which will be the largest consolidation exercise in the banking history of India.
- SBI to issue 13.63 crore shares to shareholders of associates, Bharatiya Mahila BankSBI will issue 4.42 crore shares to Government of India for its 100 per cent stake in BMB.
- SBI to issue 13.63 crore shares to shareholders of associates, BMBThe board has "approved issuance of maximum 13,63,65,146 equity shares, of face value of Re 1 each, to the shareholders of SBBJ, SBM,SBT.
- Dena Bank, SBBJ cut lending rate by up to 0.1%Dena Bank has reduced (MCLR) by 5 basis points from 9.45 per cent to 9.40 per cent for 1 year tenure, it said in a statement.
- SBI arm SBBJ logs Rs 210 cr loss in Q2Total income of the bank fell slightly to Rs 2,614.21 crore from Rs 2620.34 crore earned in the same quarter of previous fiscal.
- Associate banks to soon submit report on amalgamation to RBIThe five associate banks are SBBJ, State Bank of Travancore, State Bank of Patiala, State Bank of Hyderabad and the new Bharatiya Mahila Ba...
- SBI merger with associates, BMB exempt from CCI approvalThe consolidated entity will add Rs 8 lakh crore (about $120 billion) to SBI's assets and consolidated entity will get catapulted into the ...
- SBI, SBBJ surge up to 9%, State Bank of Mysore drops 12% on swap ratioSBI shares surged 3.62 per cent to hit a high of Rs 254.80 on BSE. SBBJ soared 4 per cent to Rs 687.65. SBI will give 28 of its shares for ...
- SBBJ reports Rs 221 crore loss in Q1SBBJ showed rise in gross non-performing assets (NPAs) to 6.2 per cent at the end of June quarter of the current fiscal, from 4.45 per cent...
- SBBJ Q2 net profit jumps 52.25% to Rs 181 croreSBBJ today reported an increase of 52.25 per cent in net profit at Rs 180.63 crore for the second quarter ended September 30.
- Central Vigilance Commissioner asks PSU general insurance firms, banks to avoid fraudsCentral Vigilance Commissioner Pradeep Kumar has asked state-run general insurance firms and banks to strengthen systems and procedures to ...
- State Bank of Bikaner and Jaipur Q4 net profit up 32%, declares 145% dividendState Bank of Bikaner and Jaipur (SBBJ), a subsidiary of State Bank of India, posted a 32% rise in net profit to Rs 247.8 crore in fourth q...
- State Bank of Bikaner & Jaipur: Rights offer attractive for existing shareholdersState Bank of Bikaner and Jaipur’s (SBBJ) rights offer appears attractive for existing shareholders, as they can earn a return of close to ...
- SEBI approves Rs 800 crore rights issue of SBBJMarket regulator SEBI has given the nod for State Bank of Bikaner and Jaipur (SBBJ), the largest associate bank of SBI, to raise up to Rs 8...
- SBBJ Q2 profit rises 48pc at Rs 127 croreState Bank of Bikaner and Jaipur (SBBJ) today posted a 48 per cent rise in its net profit at Rs 127.52 crore in the second quarter of the 2...
- SBBJ to raise Rs 800 crore from rights issueState Bank of Bikaner & Jaipur, the largest associate bank of SBI today unveiled its plans to raise Rs 800 crore from rights issue.
- SBBJ net profit up 13 pc in FY'10The State Bank of Bikaner and Jaipur (SBBJ) today said its net profit rose by 12.82 per cent to Rs 455.16 crore during 2009-10.
- Banks, FIs plan to whittle down bad loansA number of banks and financial institutions (FIs) are planning to sell bad loans in the secondary market in a bid to reduce their ratio of...
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