State Bank Of Hyderabad News

Industry

After 'Hyderabad', now 'Andhra' to slip into banking history

Two years after State Bank of Hyderabad became history with its merger with the State Bank of India, it will soon be curtains down on another bank from Telugu statesThe new entity is expected to emerge as the fifth largest bank with annual business of ₹14.59 lakh crore

3 min read1 Sep 2019
Industry

Arun Jaitley introduces bill to repeal SBI Subsidiary Banks Act

Finance minister Arun Jaitley introduces a bill to repeal SBI (Subsidiary Banks) Act and State Bank of Hyderabad Act following the merger of five associates with the parent SBI

1 min read21 Jul 2017
Industry

SBI merger with five associate banks from 1 April

After the merger of with all the five associate banks, SBI is expected to become a lender of global proportions with an asset base of Rs32 trillion

3 min read24 Feb 2017
Companies

State Bank of Hyderabad posts net loss of Rs777 crore in Q2

State Bank of Hyderabad's provisions and contingencies surged 755% to Rs2,074 crore in the September quarter

2 min read1 Nov 2016
Politics

SBI’s merger with subsidiaries cleared by Union cabinet

SBI's merger with subsidiaries will see the combined entity's balance sheet at a whopping Rs37 trillion, making it one of the top 50 banks in the world

4 min read16 Jun 2016
Industry

SBI begins working on framework for merger of subsidiaries

SBI has formed a team under the supervision of associate and subsidiaries department, which is being headed by managing director V.G. Kannan

4 min read12 Jun 2016
Companies

State Bank of Hyderabad Q4 net falls 43% to Rs253 crore

Income from interest fell by 5.64% to Rs3,434 crore during the quarter as against Rs3,639.85 crore in the fourth quarter of 2014-15

1 min read2 May 2016
Market

Banks rush to raise capital from domestic bond market

A fall in corporate bond yields this year has also made such fund-raising viable

3 min read29 Dec 2015
Industry

AIBEA defers 24 June bank strike, PSU banks to function normally

The nation-wide 1-day strike was called to protest against the SBI's alleged 'anti-associate' banks' approach

1 min read22 Jun 2015
Industry

AIBEA calls for nationwide bank strike on 24 June

Strike called in support of various demands of the State Sector Bank Employees Association

1 min read30 May 2015
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