SBI mulls firm for private banking biz

State Bank of India (SBI) is considering setting up a separate company for its private banking initiative, as part of a plan to garner a larger share of business from the country's burgeoning......

'Banks will need $100 bn in 10 years'

Banks in India will need about $100 billion (Rs 5 lakh crore) of capital over the next decade as the system grows to meet credit requirements of an expanding economy, Om Prakash Bhatt, chairman of......

RBI announces measures to boost liquidity

The Reserve Bank of India on Wednesday announced special measures to provide liquidity in the system, which may face a cash crunch because of huge outgo on third generation telecom spectrum......

SBI wins Asian Banker award

The State Bank has won the prestigious Asian Banker Achievement Award for being the strongest bank in Asia Pacific region, instituted by the Qatar Financial Centre Authority and the Asian Banker......