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SBI to invest in high quality stocks only: Chaudhuri       23rd-May-2013
Country's largest lender State Bank of India (SBI) will invest in high quality stocks only which have good trading volumes and less volatility, Chairman of the bank Pratip Chaudhuri said today.
PSBs expected to raise Rs 9.60 lakh cr in 10yrs: Report       20th-May-2013
Public sector banks (PSB) are estimated to raise Rs 9.60 lakh crore in 10 years period ending March 2021 assuming loan growth of 20 percent, said a report by consultancy firm KPMG.
SBI suggests RBI as single regulator for all home loans       18th-May-2013
The State Bank of India is of the view that Reserve Bank of India should be the regulator for all home loans sanctioned by banks and housing finance companies. A single regulator would help remove the regulatory arbitrage that existed between banks and
Overseas business margins under pressure: SBI       18th-May-2013
State Bank of India on Saturday said it would review returns from its foreign and domestic business after margins overseas came under pressure.
United Bank of India plans to raise Rs 1,000 cr via QIP       15th-May-2013
UBI Chairman and Managing Director Archana Bhargava said they would seek government's permission for a rights issue but would go ahead with QIP.
RBI doing its bit to ease interest rates, what about banks?       13th-May-2013
Despite the easing of interest rates by Reserve Bank of India, the weighted average lending rates of banks have declined by less than 0.5 percent, according to RBI data.
Allahabad Bank to cut NPAs to 3.2%; aims to recover Rs 3Kcr       12th-May-2013
Allahabad Bank is looking to cut its gross non-performing assets (NPAs) level to around 3.2 per cent from the last fiscal's level of 3.92 percent aided by sustained effort on recovery.
Are Indian banks anti-competitive and oligopolistic?         11th-May-2013
Latha Venkatesh tries to get answer to a fundamental question of why Indian banks are not as competitive as their counterpart mobile companies and whether they are oligopolistic.
IDBI Bank cuts short term retail deposit rates by 15-50 bps       10th-May-2013
IDBI Bank reduced short term retail deposit rates by 15-50 basis points in select maturities for an amount less than Rs one crore.
IDBI Bank slashes retail deposit rates by 0.5%       10th-May-2013
In the first such move since RBI cut its key rates last week, state-run IDBI Bank today cut its fixed deposit rate offering in two maturities by up to 0.50 per cent.
SBI gains on hopes for improving asset quality       9th-May-2013
PNB shares ended up 4.6 percent, while Union Bank shares rise 1.4 percent.
Cobrapost expose: Banks suspend employees under FinMin heat       7th-May-2013
In the aftermath of Cobrapost 2, state-owned lenders including PNB, BoB and IDBI Bank on Tuesday suspended cumulatively five officials allegedly involved in money laundering and KYC violation norms. The finance ministry is exerting pressure on all institutions
Cobrapost: Action against 31 employees of PSU banks & LIC       7th-May-2013
A day after a web portal alleged instances of money laundering by some state owned banks and LIC, the government today said action has been taken against 31 officers and employees, including suspension, for violation of various regulations.
Exporters to gain 1.5-2% on priority sector inclusion: OBC         7th-May-2013
Committee headed by G Padmanabhan, ED, RBI, has recommended that export credit be allowed to be a part of priority sector lending (PSL) for all commercial as well as foreign banks for a period of three to five years
Will finish internal inquiries on Cobrapost next month: SBI         7th-May-2013
A Krishna Kumar, MD of State Bank of India says the country’s largest public sector bank has started an investigative audit on the allegations of wrongdoing levied by online portal Cobrapost. Kumar expects to complete the internal inquires by next month.

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Results at a glance
BHEL Q4 net drops 4.2% at Rs 3327 c... May 23
Tata Steel's Q4 loss at Rs 6528 cr ... May 23 Watch Video
Zee Entertain consolidated Mar '13 ... May 23
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Press Releases
Pre Result Estimates
Factors that will impact JSW Steel'... May 23
Here's what to expect from SBI Q4 e... May 22
Will Europe operations dent Tata St... May 22
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Management Talk
JSW Steel confident of 9-10% growth... May 23 Watch Video
Will strive to get ARPU of Rs 175 i... May 23 Watch Video
De-growth in education biz weighed ... May 23
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Analyst View
How to play SBI after Q4 results mi... May 23 Watch Video
See BHEL's order inflow touching Rs... May 23 Watch Video
SBI result a mixed bag; fall in NIM... May 23 Watch Video
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CNBC TV18 View
Indian pharmas gain on N America bo... May 09 Watch Video
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Brokerage Reports
Accumulate Mahindra Satyam; target ... May 23
Buy Prestige Estates; target of Rs ... May 23
Buy Bharti Airtel; target of Rs 325... May 23
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Press Conferences
Dip in Q4 net fails to dent L&T's m... May 22 Watch Video
Excise duty, higher input costs hur... May 21 Watch Video
We will refocus on growth in 2013-1... May 13 Watch Video
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Source : Dion Global Solutions Limited
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