State Bank of India (SBI)
RBI fines SBI, Indian Bank and Punjab & Sind Bank for breach of norms: Check details
Mon, Sep 25, 2023
RBI fines SBI, Indian Bank and Punjab & Sind Bank: The Reserve Bank of India (RBI) on Monday imposed fines on State Bank of India (SBI), Indian Bank, Punjab & Sind Bank, and Fedbank Financial Services for violating various norms set by the central bank.
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SBI introduces digital opening of NRE and NRO account setup through YONO app: Check details
Mon, Sep 18, 2023
State Bank of India said in the statement that it has leveraged technology to create a seamless, digitized account opening process that ensures efficiency and accuracy, making it a one-stop solution for NRI banking needs.
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SBI announces introduction of UPI interoperability on CBDC
Mon, Sep 04, 2023
The State Bank of India (SBI) on Monday said it has implemented UPI interoperability in its digital rupee, called Central Bank Digital Currency (CBDC). With this move, the bank aims to deliver unprecedented convenience and accessibility to its customers, SBI said in a statement.
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UDGAM: RBI sets up centralised web portal for searching unclaimed bank deposits
Thu, Aug 17, 2023
UDGAM Portal: The launch of the web portal will aid users to identify their unclaimed deposits or accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks.
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SBI Yono 2.0: Revamped app to function like marketplace, allow non-SBI to invest in Mutual Funds and Bonds — check features
Wed, Aug 09, 2023
On YONO 2.0 SBI customers and other users will be able to avail services and products like money transfer, mutual fund, personal loan, foreign remittances even without opening an account with SBI.
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SBI replaces Reliance Industries to become India's most profitable company
Wed, Aug 09, 2023
It is not often that another Indian company gets to pip Reliance in the profitability sweepstakes. But, in the June 2023 quarter i.e., Q1FY24, the State Bank of India (SBI) has reported profits than Reliance Industries, 5paisa.com reported.
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PC Jeweller faces insolvency plea from SBI; NCLT adjourns hearing till August 21
Thu, Aug 03, 2023
Public sector lender State Bank of India (SBI) has taken PC Jeweller to the National Company Law Tribunal (NCLT) with a plea to initiate insolvency proceedings against the city-based jewellery manufacturer and retailer claiming a default.
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SBI, LIC, two other sponsors to dilute stake in UTI Mutual Fund
Thu, Jun 15, 2023
UTI Mutual fund is promoted by the State Bank of India (SBI), Life Insurance Corporation of India (LIC), Punjab National Bank (PNB) and Bank of Baroda (BoB), having a combined holding of 45.21 per cent in the paid-up capital.
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'No tearing hurry': SAT stays IRDAI's order against Sahara India Life
Tue, Jun 13, 2023
The Securities Appellate Tribunal (SAT) on Wednesday said there was "no tearing hurry" for the Insurance Regulatory and Development Authority of India (IRDAI) to order the transfer of life insurance business of Sahara India Life Insurance Company Ltd to SBI Life Insurance Company Ltd.
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SBI General unveils Surety Bond Bima insurance product for infrastructure projects
Tue, May 23, 2023
SBI General said that the product is designed to provide protection against breach of terms and conditions by the contractors either during the bidding stage or during the performance stage of a project.
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