Result review: State Bank of Travancore
Jan 18, 2011
On February 23, 2017 20:17 (IST)
The assets of State Bank of Bikaner and Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH) will be transfered to SBI from April 1, 2017, SBI said in a regulatory filing.
On February 16, 2017 22:00 (IST)
Criticising the decision, the former MP said service of SBI would be centred on big corporates once it start function as a global bank. It would also lead to shut down of branches and loss of jobs.
On February 16, 2017 16:05 (IST)
Shares in SBI and three listed subsidiaries - State Bank of Mysore, State Bank of Travancore and State Bank of Bikaner and Jaipur - surged between 3 per cent and 13 per cent.
On December 30, 2016 23:31 (IST)
The bank has reduced marginal cost of funds based lending rate (MCLR) by 0.25 per cent from 9.45 per cent to 9.20 per cent for one-year tenure, SBT said in a statement.
On December 30, 2016 22:11 (IST)
The bank has reduced marginal cost of funds based lending rate (MCLR) by 0.25 per cent from 9.45 per cent to 9.20 per cent for 1-year tenure.
On July 27, 2016 13:40 (IST)
Public sector State Bank of Travancore has reported a net loss of Rs 742.89 crore for the June quarter due to higher NPAs.
On June 16, 2016 15:23 (IST)
Shares of three listed associate banks of State Bank of India - State Bank of Travancore, State Bank of Bikaner and Jaipur and State Bank of Mysore - surged nearly 20 per cent today.
On June 15, 2016 15:36 (IST)
SBI has five associate banks - State Bank of Bikaner and Jaipur, State Bank of Travancore, State Bank of Patiala, State Bank of Mysore and State Bank of Hyderabad.
On June 15, 2016 16:18 (IST)
The Union Cabinet on Wednesday gave in-principle approval to the merger of State Bank of India with five of its associate banks, leading to a sharp rally in shares of State Bank of Travancore, State Bank of Bikaner and Jaipur and State Bank of Mysore.
On June 09, 2016 21:57 (IST)
The Kerala government is against the merger of State Bank of Travancore with State Bank of India, Chief Minister Pinarayi Vijayan said on Thursday.
On June 06, 2016 16:39 (IST)
Favouring consolidation in the public sector banking space, Finance Minister Arun Jaitley on Monday said the government as of now is looking only at SBI merging 5 subsidiaries as well as Bharatiya Mahila Bank with itself and a decision on this will be taken soon.
On May 27, 2016 20:18 (IST)
The proposed merger of SBI with its five associate banks and Bharatiya Mahila Bank (BMB) will lead to savings, improve treasury operations and cut redundancies, its Chairman Arundhati Bhattacharya said on Friday, pegging the cost of the merger process at around Rs 3,000 crore.
On May 20, 2016 12:08 (IST)
Nearly 50,000 employees of five associate banks of State Bank of India have gone on a day-long nationwide strike today to protest the proposed merger with their parent bank.
On May 17, 2016 19:55 (IST)
Top state-run lender SBI on Tuesday proposed merger of its five associate banks and newly created Bharatiya Mahila Bank (BMB) with itself and sought government's approval for the same -- a major bid to consolidate the public sector banking space.
On May 17, 2016 16:48 (IST)
After over five years of hiatus, associate banks of SBI including State Bank of Bikaner and Jaipur have proposed to merger with the parent lender.
On April 29, 2016 21:38 (IST)
State Bank of Travancore (SBT) on Friday reported a 16.9 per cent rise in its net profit to Rs 547 crore for the March quarter.
On April 26, 2016 13:25 (IST)
The bank's gross non-performing assets (NPAs) stood at 4.78 per cent of total advances as against 3.37 per cent a year ago.
On April 26, 2016 13:08 (IST)
Shares of State Bank of Travancore fell by nearly 4 per cent on Tuesday after the company reported a near 68 per cent decline in its net profit in the fourth quarter ended March.