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About 58 results for "state bank of saurashtra"

SBI associate banks to raise Rs 33,000 cr capital in next 5 yrs
Business Standard India

SBI associate banks to raise Rs 33,000 cr capital in next 5 yrs

Five associates of State Bank of India (SBI) would raise about Rs 33,000 crore capital to meet global risk norms -- Basel III -- in the next five years. "It has been estimated that Rs 32,831 crore total capital is required under the Basel III ... Business Standard India, 1 hour ago
SBI associate banks to raise Rs 33k cr capital in next 5 yrs The Financial Chronicle, 1 hour ago

Govt examining issues regarding merger of PSU banks

SBI first merged its State Bank of Saurashtra with itself in 2008. Two years later in 2010, State Bank of Indore was merged with SBI. The country's largest lender has five associate banks - State Bank of Bikaner and Jaipur, State Bank of Travancore, State ...
 Economic Times2 months ago Jaitley examining issues concerning merger of PSU banks  Economic Times2 months ago FM examining issues concerning merger of PSU banks: Sandhu  Asian Age2 months ago Finance Ministry examining issues concerning merger of PSU banks  Economic Times2 months ago

Govt may start diluting stake in public banks in November

The government is likely to start selling its stake in public sector banks (PSBs) in November. It is also expected State Bank of India (SBI), India’s largest lender, will tap the markets this year.   Financial Services Secretary G S Sandhu on Thursday said the government would seek a Cabinet nod for stake dilution in PSBs, adding the sale would be in tranches, based on banks’ requirement of funds. “It will be a combination of follow-on public offer (FPO) and, in some ...
 Rediff.com1 month ago Stake dilution in govt banks to start in November: Sandhu  Smart Investor1 month ago

'State Bank of Patiala ready to merge'

By | IANS India Private Limited/Yahoo India News New Delhi, July 30 (IANS) One of the five associate banks of the country's top lender, the State Bank of India (SBI), is set to merge with the parent this fiscal. State Bank of Patiala is the most ...
 Yahoo! India1 month ago State Bank of Patiala ready to merge  ZeeNews.com1 month ago
IBNLive India News

Heavy rains lash Gujarat, MET department issues flood warning

Vadodara: With heavy rains lashing many parts of Central and Northern Gujarat and Saurashtra in the last 24 hours, the Met department has issued a flood warning in the state. Nearly five thousand people living along the banks of the river have ...
 IBNLive India News1 week ago
Business Standard India

Weak global cues drag markets; banks weigh

Benchmark share indices continued to trade lower, amid weak global cues, with bank shares leading the decline on worries that valuations of their bond portfolios took a hit after bond prices eased following RBI's status-quo on key policy rates. ...
 Smart Investor1 month ago Weak global cues weigh on markets; ICICI Bank down 1.5%  Business Standard India1 month ago

Vala, Modi confidant, gets plum post

Karnataka Governor Vajubhai Vala is seen as the party's patriarch in home state Gujarat, just like LK Advani at the national level. Seventy-six-year-old Vala, apart from having good oratory skills, is also a qualified lawyer. A member of RSS from his school ...
 Deccan Herald3 weeks ago

Banks' merger plan on the anvil; SBI and SBP first in queue

Pic Courtesy: - Zee Media BureauNew Delhi: The government has asked IDBI Bank and to prepare a consolidation plan. A daily newspaper has reported that the government will first begin merger process between State Bank of India and State Bank of ...
 ZeeNews.com1 month ago Govt asks IDBI Bank, UBI to plan merger  Times of India1 month ago Government asks IDBI Bank, UBI to plan merger  Economic Times1 month ago Strengthen SBI associates first, then merge: SBP MD  The Financial Chronicle1 month ago

5,000 farmers in Saurashtra, Kutch to get power connections this year

Summary PGVCL receives an average of 40,000 new applications annually. With an aim to boost agricultural production, the Paschim Gujarat Vij Company Limited (PGVCL) has decided to release 55,000 agricultural power connections this year ...
 Indian Express1 month ago

Sensex Rises After RBI Policy Review

Indian shares rose notably on Tuesday, reversing early declines, after the Reserve Bank of India (RBI) kept the repo rate and CRR unchanged, but reduced the statutory liquidity ratio (SLR) by 0.5 percent to infuse about Rs. 40,000 crore into the ...
 RTTNews.com1 month ago
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