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State Bank of Travancore News

SBI associate banks

27 Dec 2017

Cheque books of these banks to be invalid after December 31

In order to receive new cheque books, one can visit the nearest bank branch or can even use the ATM or mobile app.

State Bank of Travancore

18 Feb 2017

Ahead of merger with SBI,associate State Bank of Travancore to raise up to Rs 600 crore

Ahead of its proposed merger with parent SBI, State Bank of Travancore (SBT) will raise up to Rs 600 crore to shore up additional tier-I capital by issuing Basel compliant bonds on private placement.

11 Nov 2016

Man with Rs 5.5 lakh in cash falls to death in Kerala bank

A Kerala State Electricity Board employee who came to remit money to his State Bank of Travancore account here on Friday fell down from the third floor of a building and died, said the city police.

29 Aug 2016

State Bank of Travancore pleas RBI, SEBI to intervene merger with SBI

State Bank of Travancore Employees Union (SBTEU) has urged the Centre not to go ahead with the decision to merge SBT and other associate banks with SBI and also wants the RBI and SEBI to intervene in the matter.

Shares of State Bank of India

19 Aug 2016

SBI shares surge 3% in morning trade after merger approval with associate banks

Shares of State Bank of India today surged over three per cent in early morning trade after its board cleared the merger of five associate banks and Bharatiya Mahila Bank with itself.

Merger of SBI arms

20 May 2016

Merger of six banks to cost SBI $250 million: Moody's

Global credit rating agency Moody's Investors Service on Friday said the merger idea mooted by State Bank of India (SBI) of six banks with itself would cost around Rs 16.6 billion ($250 million) and will have limited impact on its credit metrics.

Public Sector Lendor

31 Mar 2016

State Bank of Travancore raises Rs 515 cr via tier II bonds

Public sector lender State Bank of Travancore (SBT) today said it has raised Rs 515 crore by issuing Basel-III complaint tier-II bonds.

04 Jan 2016

RBI imposes Rs 1 cr fine on State Bank of Travancore

Reserve Bank has imposed a penalty of Rs 1 crore on an SBI associate bank, State Bank of Travancore, for violation of some of its instructions.

12 Jun 2015

SBT union calls for one-day lightning strike

A lightning strike generally refers to a form of protest in which employees stop working for a short period of time without giving any prior warning to the employer.

State Bank of Mysore

04 Jun 2015

SBI's associate banks employees on one-day strike

The All India Bank Employees Association claimed that 50,000 employees participated in the strike today.

04 Jun 2015

Employees of SBI associate banks to go on strike today

SSBEA comprise unions in the associate banks of State Bank of Bikaner & Jaipur, State Bank of Travancore, State Bank of Mysore, State Bank of Hyderabad and State Bank of Patiala.

State Bank of Travancore

09 Mar 2015

State Bank of Travancore cuts base rate to 10.15 per cent

State Bank of Travancore (SBT) today became the first bank to cut benchmark lending rate, or base rate, by 0.1 percent to 10.15 percent, almost a week after RBI slashed policy rate by 0.25 percent.

State Bank of Travancore

08 Jan 2015

SBT seeks Sebi nod to raise Rs 485 cr via rights issue

State Bank of Travancore has sought capital markets regulator Sebi's approval to raise up to Rs 485 crore through rights issue to shore up its capital base.

30 Jul 2014

State Bank of Patiala ready to merge

SBI has five associates -- State Bank of Bikaner and Jaipur, State Bank of Travancore, State Bank of Patiala, State Bank of Mysore and State Bank of Hyderabad.

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