Finance Ministry is continuously monitoring currency exchange: Jaitley

New Delhi, Nov 12 (IBNS): Union Finance Minister Arun Jaitley on Saturday said the Finance Ministry is continuously monitoring the currency exchange happening across the country.

SBI extends chairperson Arundhati Bhattacharya's term by one year

Mumbai, Oct 1 (IBNS): State Bank of India has extended its chairperson Arundhati Bhattacharya's term by one year, media reports said.

EuroKids partners with SBI to offer collateral free loans to new and existing franchise partners

Mumbai, Sept 6 (IBNS): In an initiative that will ease the entrepreneurial journey in franchise business, EuroKids International, India's NextGen Pre-schools, announced its collaboration with the State Bank of India (SBI) to offer collateral free loans to prospective and existing Pre-School partners.

SBI reports sharp decline in Q4 standalone profit

Kolkata, May 27 (IBNS) State Bank of India, the country's largest lender, reported a sharp decline in fourth quarter standalone profit largely due to more than two-fold increase in provisions and slow growth in net interest income, according to media reports.

SBI ties up with Snapdeal for Seller Financing

Kolkata, May 21 (IBNS) India's biggest lender State Bank of India (SBI), which is a pioneer & market leader in financing MSMEs in India, took one more strategic step towards structured financing to MSMEs as it entered into a preferred partnership agreement with e-commerce giant Snapdeal on Thursday for financing their sellers under Snapdeal- Capital Assist program.