Two year imprisonment for ex-manager of SBI

Newsroom24x7 Staff Ernakulam (Kerala): The Special Judge, CBI Cases here, has sentenced K. Balasundaram, ex Manager, State Bank of India, Alagappa Nagar Branch, Trichur to undergo two years Simple Imprisonment with fine of Rs. 100, 000 and another person N.D Venkitachalam to undergo two years Simple Imprisonment with fine of Rs.50,000. //pagead2.googlesyndication.com/pagead/js/adsbygoogle.js (adsbygoogle = window.adsbygoogle… Read More Two year imprisonment for ex-manager of SBI

SBI’s core capitalisation to improve in the financial year ending-March 2017

Newsroom24x7 Staff Singapore/Mumbai: Fitch Ratings expects SBI’s core capitalisation to improve in the financial year ending-March 2017 (FY17), from a core equity Tier 1 ratio of 10.3% at end-September 2016. SBI is likely to receive around USD835 million in new capital from the government shortly (of the total USD1.1 billion earmarked for FY17; around 5%… Read More SBI’s core capitalisation to improve in the financial year ending-March 2017