Merger of banks is just round the corner, omens tell

Essar Oil has informed that Mr. Rajiv Pal Singh has been appointed as Nominee of State Bank of India on the Companys Board w.e.f. May 24, 2013.

Bank of Bahrain and Kuwait (BBK) on Friday opened its first branch in Kerala at nearby Aluva, taking its total bank strength in India to three. The Bahrain-headquartered bank has branches in Mumbai and Hyderabad. We have approached RBI for ...

Emkay has maintained its 'reduce' rating on State Bank of India along with a price target of Rs 1930.

Addressing a gathering of state finance secretaries Reserve Bank of India (RBI) Governor D Subbarao asked states to focus on the quality of fiscal consolidation and also on expenditure compression. He called for the need to explore ways for better ...

Sudarshan Sukhani of s2analytics.com is of the view that day traders can go long on State Bank of India (SBI).

According to Ashish Chaturmohta of Fortune Equity Broker, SBI is clearly an avoid in terms of creating a long position.

VK Sharma of HDFC Securities expresses his trading ideas on Larsen and Toubro (LT) and State Bank of India (SBI).

Jefferies has retained its 'underperform' rating on State Bank of India post fourth quarter results. Provision expenses were higher as SBI wrote-off a significant chunk of assets, offset by tax benefits.

Calcutta, May 23: The State Bank of India (SBI) today reported an 18.5 per cent decline in standalone net profit at Rs 3,299 crore for the fourth quarter as a higher provisioning on bad loans and an almost flat total income dragged down its bottomline.