Tue, Nov 21, 2023
The portfolio was with Alok Kumar Choudhary earlier. Choudhary has been entrusted with the new responsibility of Managing Director looking after Risk, Compliance & Stressed Assets Resolution Group (SARG).
Fri, Nov 17, 2023
“We are continuing to invest in Yono Global to offer the best services available as we want to give superior experience to our customers,” Krishnan told PTI at the three-day Singapore Fintech Festival (SFF), which ends on November 17.
Wed, Nov 01, 2023
The fund was raised through Basel III compliant Tier 2 Bonds carrying a coupon rate of 7.81 per cent. The bonds are issued for a tenor of 15 years, with the first call option after 10 years, SBI said in a statement.
Mon, May 31, 2021
If you are a State Bank of India (SBI) customer and interested in investing in Sovereign Gold Bonds then SBI provides an opportunity for the customers to invest on the Sovereign Gold Bonds.
The State Bank of India (SBI) customers must note that the bank has increased the non-home withdrawal limits through cheques and withdrawal forms for the benefits of the customers.
Tired of waiting in long queues in front of an ATM for cash withdrawal? Well, now one can save time and energy for more important things because of the State Bank of India's (SBI) Automated Deposit cum Withdrawal Machine (ADWM).
Fri, May 28, 2021
The State Bank of India (SBI) has issued a warning to its customers against fraudsters. The largest public sector bank in the country has taken to Twitter to advise its customers to refrain from sharing any sensitive details online or offline.
Mon, May 24, 2021
The shares of India’s largest lender State Bank of India spurted by around nine per cent on the BSE intraday trade in the last two trading sessions. Alone on Monday, the state-owned bank grew by around 4.5 per cent at Rs 419 per share on the BSE intraday.
People who have their accounts in the State Bank of India (SBI) can now update their mobile number right away with the help of the internet banking.
Mon, May 17, 2021
The shares of the largest lender of India, State Bank of India has jumped over six per cent on the BSE intraday during Monday’s trade, touching its new two-month high of Rs 385 apiece on the back of heavy volumes. The current share price is also its day’s high level.
Wed, May 12, 2021
What if one SBI account holder needs to transfer bank account to a nearby branch? Well, SBI has made it easier for its customers to do this now.
Tue, Apr 27, 2021
The State Bank of India (SBI) is inviting applications from eligible candidates for the post of Junior Associate (Customer and Sales) in clerical cadre in State Bank of India.
Mon, Dec 21, 2020
SBI stock (SBIN) has sustained above 50% Retracement Levels and Ichimoku Cloud formation, which is an indication of a bullish trend for the long term. Moreover, SBI share price has shown good strength in prior weeks and settled above the immediate resistance of 231.50 levels. Sumeet Bagadia, Executive Director of Choice Broking says SBI volume activity has also been rising from the last couple of weeks, which indicates buying interest among the traders. On the daily chart, SBI stock is forming a kind of Flag Pattern, which is a continuation bullish pattern and indicates positive strength for the medium to long term.
Mon, Nov 30, 2020
NII story is playing out well as NIMs further gained traction benefitting from incremental higher growth in retail credit (the corporate book actually shrunk QoQ), lower NPL drag (interest on pro forma slippages not reversed) and a sharp cut in deposit rates. Interest expenses grew by only 2-3% despite deposit growing by 14-15%. NIMs are more likely to settle at current levels over the medium term - going forward, deployment of surplus liquidity and resolutions may offset any downward pressure on NIMs.
Mon, Nov 23, 2020
On the hourly charts, one can observe that after the sharp rally in the past fortnight, Nifty has been in a consolidation phase, trading broadly between 13000 – 12700. Sharekhan expects the consolidation to continue in the second half as well. In terms of levels 12720 – 12700 shall act as a support zone, while 12960 – 13000 shall act as a resistance zone for Nifty going ahead.
Mon, Mar 16, 2020
Shares of SBI Cards and Payment Services made a weak debut, plunging nearly 13 per cent, against its issue price of Rs 755.
Fri, Mar 13, 2020
State Bank of India said that its Executive Committee of Central Board (ECCB) has approved the purchase of 725 crore shares in Yes Bank at Rs 10 per share
Tue, Jan 14, 2020
In a major step, a Memorandum of Understanding (MoU) was signed between South Central Zone of Indian Railways and State Bank of India (SBI) for Doorstep Banking for direct pickup of earnings covering all 585 Railway stations over SCR Zone.
Sun, Mar 24, 2019
The bank has given a facility to make your ATM cards more secured by changing the daily withdrawal limit, changing the ATM channels and changing the usage of your ATM cards.
Sun, Mar 17, 2019
State Bank of India has been introducing several changes to its services to improve customer experience. Here we take a look at four changes that the bank has undertaken, or already made effective recently.
Sat, Mar 16, 2019
"The ATMs enabled for this service will also be termed as YONO Cash Point. The bank expects YONO Cash to up the ante on customer delight by virtue of its security feature and the convenience of cardless cash withdrawals."
Sun, Mar 10, 2019
State Bank of India has announced to link savings deposits rates and short term loans with RBI's repo rate. The new linking process will be applicable from May 1, 2019 and will likely impact SBI's short term loan borrowers and savings depositors.
Sat, Mar 09, 2019
SBI Savings Account Deposit, Loan Interest Rates: The new rates linked the external benchmark rate of the repo rate, will be effective from May 1, the bank said in a statement. SBI said it will link the savings bank deposits, with balance above Rs 1 lakh to the repo rate with current effective rate being 3.50 per cent per annum, which is 2.75 per cent below the present repo rate.
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