SBI improved its ranking from 70th to 57th position
Even as the world financial markets have seen either the total disappearance or the loss of positions of top banks and financial institutions due to ongoing subprime crisis, it is now time for the Indian state owned banks and financial institutions to scale heights in global markets.
State Bank of India, the country’s largest bank and [...]
SBI’s Bhatt declared as Indian of the Year 2007
Shri O P Bhatt, has been declared the CNN-IBN Indian of the Year 2007 in the Business category ahead of Vijay Mallya and the Ambanis .
After much deliberation, the jury voted for the maverick banker Shri O P Bhatt, at the helm of the State Bank of India since 2006, as the CNN-IBN’s businessman of [...]
SBI’s 1000 days Fixed Deposit(FD)
Until a few years ago, FD rates were quoted in either number of months or years, but ICICI Bank took the initiative to launch specific days FD with launch of 390/ 590/ 890 days FD.
With the turmoil in US financial market and its impending effect on India, Indian customers are now more inclined to invest [...]