On January 04, 2016 13:46 (IST)
Reserve Bank of India has imposed a penalty ofRs 1 crore on State Bank of Travancore for violation of some of its instructions.
On August 18, 2015 22:49 (IST)
SBI has five associate banks - State Bank of Bikaner and Jaipur, State Bank of Patiala, State Bank of Travancore, State Bank of Hyderabad and State Bank of Mysore.
On July 26, 2015 14:07 (IST)
Fundraising through rights issues has crossed Rs 11,000 crore mark so far this year, indicating growing traction among domestic firms to mop up capital via this route.
On March 13, 2015 19:03 (IST)
In the rights issue, shares are issued to existing investors based on their holdings at a pre-determined price and ratio.
On March 09, 2015 16:20 (IST)
The new rates will be applicable from March 16, 2015, it added.
On July 12, 2014 17:18 (IST)
The Finance Ministry has said it is examining various issues pertaining to mergers of public sector banks and that there will be some forward movement in the current year itself.
On June 11, 2014 13:42 (IST)
The combination of the associates will enhance the asset base of SBI to Rs 21.9 lakh crore, the report said, and will add 5,658 more branches to SBI's network. Market share of the combined entity will rise to 24 per cent, from 19 per cent at present, the report said.
On March 26, 2014 18:27 (IST)
State Bank of Travancore on Wednesday approved to raise equity capital up to Rs 629 by issuing new shares on rights basis.
On January 30, 2014 18:35 (IST)
State Bank of Travancore on Thursday reported a net profit of Rs 14.76 crore for the third quarter that ended in December 2013 on higher provisioning and rising bad loans.
On December 29, 2013 16:44 (IST)
State Bank of India (SBI), the country's biggest lender, has appointed P Pradeep Kumar as its managing director (corporate banking).
On July 03, 2013 18:35 (IST)
State Bank of India (SBI) said on Wednesday that it is in a position to merge one of the five associate banks in the current fiscal year, FY14.
On June 07, 2013 23:05 (IST)
State Bank of India (SBI) has said that the proposed merger of its five associate banks with itself could start by September after a high-powered committee submits its report on the same.
On May 06, 2013 17:13 (IST)
State Bank of India (SBI) today said it will consider merger of five associate banks in the second quarter of the fiscal year.
On April 28, 2013 18:56 (IST)
State Bank of Travancore has reported a net profit of 8.5 per cent to Rs 165.98 crore for the fourth quarter ended March 31, 2013, against Rs 153.04 crore in the same quarter last fiscal year.
On April 17, 2013 16:39 (IST)
The markets closed flat with a negative bias today, snapping its two-day upward movement, dragged lower by heavyweights Reliance Industries and Tata Consultancy Services.
On November 26, 2011 06:59 (IST)
State Bank of Travancore has informed BSE that Shri P. Nanda Kumaran has been appointed as Managing Director of the Bank, under sec 29(1) of State Bank of India (Subsidiary Banks) Act 1959 with effect from August 22, 2011. He replaces Shri P. Pradeep Kumar.
On November 26, 2011 06:57 (IST)
State Bank of Travancore has informed BSE that Shri Shayamal Acharya, Deputy Managing Director & Group Executive (Associates & Subsidiaries), State Bank of India has been nominated as Director Board Member of the Bank in terms of Section 25(1)(c) of the State Bank of India (Subsidiary Banks) Act, 1959, with effect from July 01, 2011, as per...
On November 26, 2011 06:52 (IST)
State Bank of Travancore has informed BSE that the Bank has decided to change the Base Rate (BR) & Benchmark Prime Lending Rate (BPLR) as under with effect from July 05, 2011. 1. Base Rate (BR) Existing Rate: 9.50%. Revised Rate (Effective from July 05, 2011): 9.75%. 2. Benchmark Prime Lending Rate (BPLR): Existing Rate: 14.25% Revi...
On November 26, 2011 06:44 (IST)
State Bank of Travancore has informed BSE that the Board of Directors of the Bank at its meeting held on May 28, 2011, interalia, has approved The Draft Letter of Offer for the Bank's Rights Issue, to be filed with Securities Exchange Board of India for their approval.
On November 26, 2011 06:44 (IST)
State Bank of Travancore has informed BSE that a meeting of the Board of Directors of the Bank will be held on May 28, 2011, inter alia, to consider and approve the Draft Letter of Offer for the Bank's Rights Issue. The Draft Letter of Offer shall be filed with Securities Exchange Board of India for their approval.