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SBI RELOCATION
SBI renews plan to shift more departments from Kolkata to MumbaiState Bank of India is moving forward with its plan to centralize operations by shifting several divisions under its global market unit fro...
President's intervention sought over SBI's 'plan' to shift Global Market Unit from KolkataA civil society platform urges President Droupadi Murmu to intervene in SBI's plan to move its Global Market Unit from Kolkata to Mumbai, f...
In a first, SBI formalises policy to finance makers of lab-grown diamondsReflecting the slow shift in the diamond trade, the decision by the country's largest bank comes amid some of the jewellers putting up fact...
Remittances to Nepal: RBI hikes per transaction cap to Rs 2 lakh from Rs 50,000"As hitherto, banks shall accept remittances by way of cash from walk-in customers or non-customers. The ceiling of Rs 50,000 per remittanc...
SBI relocates financial inclusion, micro market division to Delhi for better synergy with govtAccording to SBI Chairman Rajnish Kumar, the focus of the Delhi-based division will be community service, financial inclusion and running g...
SBI's new mantra work-from-anywhereIndia's largest lender is upgrading its existing work-from-home policy to adjust to the new normal.
SBI sees no negative surprises on NPAs, post-mergerBhattacharya said consolidation of all the five associate banks will be completed in the first quarter of the current fiscal itself & then ...
Plea to RBI, SEBI to intervene to stop SBT-SBI mergerSBI Management has announced that close to 7,000 branches of SBI would be shut or relocated with merger.
Stop merging State Bank of Travancore with SBI, resolution of SBT employees union"SBI Management has announced that around seven thousand branches of the SBI Group will be shut or relocated with the proposed merger."
SBI weighs plan to shut, relocate 30% of its branchesAs part of its branch optimisation measures, State Bank of India recently either shut down or relocated more than 400 branches to cut costs.
SBI seeks Vijay Mallya's arrest, wants his passport impoundedThe move comes after Mallya struck a $75-million deal with Diageo to exit United Spirits. He had also indicated that he was likely to reloc...
SBI Life Insurance Company buys Rs 140 crore office space in Navi MumbaiIn the largest commercial space transaction in Navi Mumbai, SBI Life Insurance Company has bought 1.30 lakh sq ft office space from L&T Rea...
State Bank of India plans massive branch overhaul; to focus on digital bankingThe new initiative would focus on more digital branches like InTouch and InTouch Light branches, SBI chairperson Arundhati Bhattacharya tol...
State Bank of India looking into work from home option for women employeesArundhati Bhattacharya, the first woman to head the bank in 208 years, had said that she would be looking at ways to increase retention of ...
SBI growing with India-Singapore trade partnership, says chief executive Anil KishoraState Bank of India said it is playing an important role in the celebrations to mark the 50th year of India-Singapore diplomatic relations.
SBI shifts credit rights to branch managers in rural areasThe decision is applicable to all small-ticket loans originated from semi-urban and rural centres which become a rising source of profitabi...
- SBI plans to enhance marketshare
State Bank of India (SBI), which controls 17% of the country’s $45-billion inward remittances market, plans to enhance its marketshare sign...