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 2019Finance 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 2017After 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 2017State Bank of Hyderabad's provisions and contingencies surged 755% to Rs2,074 crore in the September quarter
2 min read1 Nov 2016SBI'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 2016SBI 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 2016Income 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 2016A fall in corporate bond yields this year has also made such fund-raising viable
3 min read29 Dec 2015The nation-wide 1-day strike was called to protest against the SBI's alleged 'anti-associate' banks' approach
1 min read22 Jun 2015Strike called in support of various demands of the State Sector Bank Employees Association
1 min read30 May 2015The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared