>> 5 banks seized, U. S. failures raise to 45 Five U. S. Banks with total assets of about $1.04 billion were seized by regulators, pushing this year's tally of failures to 45 as a recession drives up unemployment and home foreclosures. Saturday, June 27, 2009 11:29 [IST] >> SBI slashes deposit rates by 25 basis points The country's largest lender State Bank of India Saturday said it has cut deposit rates by 25 basis points (bps) effective from Monday. Saturday, May 02, 2009 19:24 [IST] >> Oriental Bank swings to profit in March-qtr State-run Oriental Bank of Commerce on Monday reported a quarterly profit that bettered market expectations, helped by increased interest income, and forecast improved performance in the 2009/10 FY. Monday, April 27, 2009 18:05 [IST] >> Allahabad Bank posts 18% growth in 2008-09 City-based public sector lender Allahabad Bank registered 18 percent growth in deposits and advances in 2008-09 over the year before, a top official said Tuesday. Tuesday, April 14, 2009 20:31 [IST] >> SBI, IDBI Bank cut rates A day after bankers met RBI Governor D Subbarao, state-owned IDBI Bank today slashed its benchmark prime lending rate (BPLR) by 0.5 per cent to 13 per cent effective from April 15. Friday, April 10, 2009 15:00 [IST] >> Canara Bank slashes home loan interest rates Canara Bank has reduced interest rates for housing loans, vehicle loans, and domestic term deposits with effect from March 11. Thursday, March 05, 2009 08:18 [IST] >> SBI revises rates on FCNR(B), NRE (Rupee) deposits State Bank of India today announced a hike in interest rates on its FCNR (B) dollar-denominated deposits and NRE (Rupee) term deposits. Monday, March 02, 2009 14:22 [IST] >> 16 US banks collapse in just two months With the financial meltdown continuing unabated, US has already seen the collapse of 16 banks in the last two months -- which is more than one-fourth the total number of failures in the last nine yrs Sunday, March 01, 2009 15:59 [IST] >> SBI Gujarat circle records 30% overall profit Gujarat circle of the country s largest lender State Bank of India has registered an overall profit of 30 per cent as per January 31 figures, higher than any other state, a top official said today. Saturday, February 28, 2009 17:00 [IST] >> 90 mn tonnes of coal found in Chhattisgarh Giving a boost to the state's mineral potential, new coal reserves of 90 mn tonnes and iron ore deposits in the range of 23 mn tonnes have been identified in various districts of Chhattisgarh. Saturday, February 07, 2009 19:27 [IST]