» BMB News

BMB

Finance Ministry initiates process for finding new State Bank of India's chief

Finance Ministry initiates process for finding new State Bank of India's chief

Sun, May 28, 2017

As SBI's chief Arundhati Bhattacharya's extended four-year term comes to an end on October 6 this year, the Finance Ministry has initiated the process for finding new chief for the bank.

More >
SBI Q4 profit doubles to Rs 2,815 crore on rise in lending & reduction of bad loans

SBI Q4 profit doubles to Rs 2,815 crore on rise in lending & reduction of bad loans

Sat, May 20, 2017

State Bank of India (SBI) has reported Rs 2,815 crore rise in its standalone net profit for the fourth quarter (Q4) as compared to Rs 1,263.81 crore in the same period of previous fiscal. 

More >
Bharatiya Mahila Bank to merge with SBI

Bharatiya Mahila Bank to merge with SBI

Mon, Mar 20, 2017

The government on Monday said it has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) to ensure greater banking services outreach to more women.

More >
SBI pushes merger of 5 associate banks, BMB to next fiscal

SBI pushes merger of 5 associate banks, BMB to next fiscal

Mon, Jan 02, 2017

State Bank chairperson Arundhati Bhattacharya today hinted that the mega merger of its five associate banks and Bharatiya Mahila Bank (BMB) could be pushed to the next financial year as it is still awaiting the government notification on the move.

More >
​SBI gets board approval for merger of associate banks

​SBI gets board approval for merger of associate banks

Thu, Aug 18, 2016

“Pursuant to the applicable provisions of the LODR regulations, we inform you that the Central Board of Directors of the SBI,” the bank said in a statement to BSE after its Board of Directors meeting on Thursday," the bank said. 

More >