The Imperial Bank of India became the State Bank of India in 1955 after Government of India took control of it with Reserve Bank of India (RBI) taking a 60 per cent stake in it. In 2008, the ...

In a major setback for the State Bank of India (SBI), the country’s largest state-run bank lost a whopping Rs 44,935.46 in market valuation in the last five days, while India’s largest private ...

State Bank of India on Thursday said it expects to maintain its net interest margin (NIM) at around 3%, after reporting a drop in domestic margins but beating third-quarter profit estimates.