State Bank of Travancore News

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

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.

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.

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 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.

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

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.

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.

The All India Bank Employees Association claimed that 50,000 employees participated in the 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 (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 has sought capital markets regulator Sebi's approval to raise up to Rs 485 crore through rights issue to shore up its capital base.

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.