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State Bank of Hyderabad News
State Bank of Hyderabad
Your cheque book will get invalid if you have an account in these SBI branches
Wed, Dec 27, 2017
The account holders of banks such as Bharatiya Mahila Bank, State Bank of Patiala, State Bank of Mysore, State Bank of Bikaner and Jaipur, State Bank of Raipur, State Bank of Travancore, and State Bank of Hyderabad will now have to get their cheque books replaced.
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.
Mega merger: Bad loans of 5 associate banks more than half of SBI's
Wed, Apr 05, 2017
The combined gross non-performing assets (GNPAs) of all the five associates is over half of SBI's.
State Bank of India says does not expect bad loan surprises post merger
Mon, Apr 03, 2017
Post-merger, all the customers of associate Banks will enjoy access to a wide array of digital products and services offered by the State Bank of India, the lender said.
After 75 years, State Bank of Hyderabad slides into history
Sat, Apr 01, 2017
SBH`s total business stood at Rs 2.60 lakh crore as on December 30, 2016.
SBI merges 5 Associate Banks; operations begin from today
Sat, Apr 01, 2017
The merged entity will have a deposit base of more than Rs. 26 lac crores and advances level of 18.50 lac crores.
State Bank of India to shutdown 47% of associate banks' offices post-merger from April 24
Tue, Mar 21, 2017
State Bank of India will shutdown almost half the offices of its five associate banks from April 24 this year.
Ahead of merger with SBI,associate SBT to raise up to Rs 600 crore
Sat, Feb 18, 2017
"The executive committee of the board of directors of the bank at its meeting held on February 18, 2017 has approved the raising of up to Rs 600 crore by way of issue of Basel III compliant additional tier-I bonds by private placement," SBT said in a regulatory filing.
Merger plan: SBI, 3 associates inform Cabinet nod to exchanges
Thu, Feb 16, 2017
State Bank of India (SBI) and three of its listed subsidiaries today informed the exchanges the Cabinet approval on the planned merger of associates with the parent bank.
Cabinet approves State Bank of India's merger with 5 subsidiary banks
Wed, Feb 15, 2017
SBI has said the merger with five subsidiary banks will help the country`s largest lender by assets increase its scale and cut expenses through synergies.
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.
SBI's merger with subsidiaries will increase bank's coverage area: Bhattacharya
Thu, Aug 25, 2016
State Bank of India's (SBI) merger with five associate banks will increase the bank's coverage area and productivity of its employees, said SBI's chairperson Arundhati Bhattacharya in a recent one-on-one interview with Zee Business news channel.
SBI begins work on framework to merge five associate banks with itself
Sun, Jun 12, 2016
"A team of 15-20 members has been set up and it has started working on the framework for the merger. The team is headed by a general manager and there are a few deputy general managers," a source said.
Shares of SBI's associate banks rise on merger move
Wed, May 18, 2016
The three associate banks of SBI- State Bank of Mysore, State Bank of Travancore, State Bank of Bikaner and Jaipur-are listed on the stock exchanges.
SBI eyes merger of five associate banks; likely to acquire Mahila Bank
Tue, May 17, 2016
SBI board also discussed the possibility of acquiring India`s first bank targeted to women - the Bhartiya Mahila Bank