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Tag Archive for 'state bank of india'

1,200 Branches To Be Added By SBI This Fiscal (2012 – 13)

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Nothing is stopping the State Bank of India from expanding with their plans to add 1,200 branches this fiscal. This information was given by their Managing Director and Group Executive A. Krishna Kumar.  For the record, the bank was able to add 645 branches in fiscal 2011-12. For the past three years, the bank was […]

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7,740 clerks to be Hired by State Bank of India

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Those who are looking for jobs right now has something to be interested about since State Bank of India is planning to recruit 7,740 clerks. These new recruits will work in its associate Banks. According to the information found on their portal, the online registration of application will be open on July 30 and will […]

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Consortium for Infra projects initiated by 9 Banks in India

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Nine financial institutions in India decided to join hands in creating a consortium funding to infra projects that is worth over 1,000 crore each. The banks that are involved in this consortium are State Bank of India, Punjab National Bank, Bank of India, Bank of Baroda, Canara Bank, Union Bank, IDBI Bank, IIFCL and LIC. […]

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Lending rates of SBI down by 0.5 – 3.5 %

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Good news for those who are planning to established a small business since SBI cuts its lending rates between 0.5 – 3.5%. This fact would surely drive a lot of lenders to State Bank of India (SBI). As we all know, one of the problems when it comes to building a business is the fact […]

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SBI to focus on retail biz: Hiring 9,500 employees

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For the current fiscal year, State Bank of India (SBI) is planning to hire 9,500 employees. This is to focus more on retail banking. This is surely good news for people in India who are currently looking for some work. According to their Chairman, Mr Pratip Chaudhuri, the bank is hiring this number of employees […]

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SBI To Get INR 80 Billion Cap Infusion; India Govt. Launches $1 Billion Innovation Fund

India Inclusive Innovation Fund - Microsoft says India is Innovation

State bank of India received the Finance Ministry approval for a capital infusion of 60-80 billion rupees. Diwaker Gupta, chief financial officer, confirmed last month that the bank had received formal notification from the government on capital infusion. The bank, has sought Rs.200 billion since 2010 from Government to order to develop its capital base […]

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