Key Developments: State Bank of India (SBI.BO)

SBI.BO on Bombay Stock Exchange

5 Feb 2016
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Latest Key Developments (Source: Significant Developments)

State Bank Of India announces strike by UFBU
Monday, 3 Nov 2014 09:34am EST 

State Bank Of India:Says UFBU has given a notice to IBA calling for nationwide Bank strike, on the Nov. 12 relay Zonal strikes from Dec. 02 to Dec. 05.All India State Bank Officers’ Federation and All India State Bank of India Staff Federation, being part of UFBU will also participate in the said strike.Since the said call is given at all India level covering all banks, the Bank will not be impacted separately.  Full Article

State Bank Of India announces new CFO
Tuesday, 26 Aug 2014 07:48am EDT 

State Bank Of India:Decided to designate Praveen Kumar Gupta as the deputy managing director and chief financial officer (CFO) of the Bank.  Full Article

State Bank Of India partners with Ezetap Mobile Solutions-Business Standard
Wednesday, 11 Jun 2014 06:44am EDT 

State Bank Of India:Has partnered with payments service provider, Ezetap Mobile Solutions, to deploy mobile point-of-sale (mPOS) solution-Business Standard.  Full Article

State Bank Of India declares dividend
Friday, 23 May 2014 03:24am EDT 

State Bank Of India:Declares dividend of 30 Indian Rupee per share (300 pct) for accounting year ended March 31.Dividend so declared includes interim dividend, already declared, at rate of 15 Indian Rupee per equity share of 10 Indian Rupee each (i.e. 150 pct) and paid on April 02.Date of final payment of dividend is fixed as June 19.  Full Article

State Bank Of India to raise up to $1 billion-Business Standard
Thursday, 10 Apr 2014 05:54am EDT 

State Bank Of India:Has hit the overseas bond market with a dual tranche issue of 5-year and 10-year maturity to raise up to $1-billion-Business Standard.The bank has given an initial pricing of 240 bps over the US treasury for the 5-year money and 265 bps over the treasury for the 10-year bond.The bank could not be immediately contacted for comments.  Full Article

State Bank Of India announces appointment of statutory central auditors
Wednesday, 26 Mar 2014 03:51am EDT 

State Bank Of India:Approved appointment of the 14 statutory central auditors for the year 2013-14.  Full Article

State Bank Of India board declares interim dividend
Monday, 3 Mar 2014 09:51am EST 

State Bank Of India:Declared an interim dividend at the rate of 15 Indian rupee per equity share of 10 Indian rupee each (i.e. 150 pct) for FY 2013-14.Payment date April 2.  Full Article


SBI starts wealth management unit, branch for start-ups

BENGALURU State Bank of India, the nation's top lender by assets, has launched a new wealth management services unit, and branches to cater to start-ups, as competition with private sector rivals is rising and as its core business is seeing sluggish growth.

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