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.
Tue, Dec 04, 2018
Following RBI norms, the country's largest lender State Bank of India will stop being a fund manager of retirement fund EPFO by March-end.
Economists at the country's largest lender SBI Tuesday termed concerns on credit supply to small businesses as a "myth" and said the sector has had a "stupendous" loan growth since GST.
Sun, Dec 02, 2018
The borrowed fund will be utilised to finance the capital expenditure, NHPC said in a statement.
Earlier on November 22, SBI held e-auction of 11 NPA accounts that had outstanding dues of Rs 1,019 crore towards the bank.
Thu, Nov 29, 2018
Rajnish Kumar, Chairman, SBI, in an exclusive interview with Anil Singhvi of Zee Business, talks about YONO app, NBFCs, SBI's focus towards technology and ongoing liquidity crunch as well as loan waiver culture in the country.
Mon, Nov 26, 2018
SBI has not only increased the minimum balance limit but also revised its charges for Non-maintenance of monthly average balance.
Sat, Nov 24, 2018
Through YONO app, you can also get heavy discounts on shoppersstop.com, Wonderchef, smytten, Thomas cooking and Croma sites.
Sun, Nov 18, 2018
Mahindra recalled how Kotak had started the company out of a single room in Mumbai and went on to create entrepreneurship and creation of wealth in the "RIGHT" way.
Fri, Nov 16, 2018
Replying to queries on liquidity concerns, triggered by payment defaults by the Infrastructure Leasing and Financial Services (IL&FS), Kumar said the NBFCs have managed to roll over their debts that were scheduled to mature in the near future into new debts.
Tue, Nov 13, 2018
US benchmark dollar index has its share of torturing the fuel prices in the country. There were moments where a petrol was over Rs 91 per litre and diesel above Rs 88 per litre, hitting the pockets of citizens. However, tables have turned and the current situation looks quite better than September to October 2018 month, so much so, that crude oil will now turn out to be a saviour in reducing our petrol and diesel prices.
Sun, Oct 21, 2018
The bank has re-branded its wealth business as "SBI Wealth" offering best-in-class personalised banking and investment services to its elite High Net worth Individual (HNI) clients through a dedicated team of relationship managers.
Tue, Oct 16, 2018
Banks will head into the Dussehra holidays - Navami is falling Oct 18, while Dashmi or Dussehra is on Oct 19. Therefore, on both these days, there will be a complete shut-down of banking services. Since Oct 20th will be the third Saturday of the month, the banks will not function and the next day is Sunday.
Wed, Oct 10, 2018
Banks are also curtailing fresh lending to NBFCs based on the external ratings. Instead, they have stepped up purchasing their portfolio to meet targets for agriculture and other priority sector lending targets.
Wed, Oct 03, 2018
Analysts and bankers believe that RBI may be all set to hike the policy rate on Friday (October 5) for third time in a row, and it is bound to trigger another round of hikes soon. Your equated monthly installments (EMIs) will be at the receiving end.
Fri, Sep 28, 2018
SBI’s move is expected to trigger revision of rates by other lenders, including HDFC Bank and ICICI Bank. With credit growth picking up and deposit growth slackening, banks are forced to revise lending rates, termed as the marginal cost based lending rates (MCLR).
Thu, Sep 27, 2018
The number of credit cards is rising with the aspirational values of Indians going up. The customers, especially the younger generation, is relying on unsecured credit to buy the goods they desire. With the average spends on an SBI card at Rs 10,000 per month, the expenses are for dining, fashion, travel and retail.
Tue, Sep 11, 2018
SBI manages to jump high today in trading
Mon, Sep 10, 2018
SBI Recruitment 2018: The State Bank of India (SBI) in a notification has informed about the recruitment to fill 48 vacant positions of Deputy Manager and Fire Officer. For details, interested candidates must visit on the State Bank of India's official website- sbi.co.in/careers, to submit their online application. The last date to apply for these posts is September 24, 2018.
Fri, Sep 07, 2018
Top lender State Bank of India said on Friday that the government had appointed Anshula Kant as the bank`s managing director. She is presently the Deputy MD of SBI.
SBI Recruitment 2018: The State Bank of India (SBI) through a notification has invited applications to fill 48 vacancies for the post of Specialist Cadre Officer. Interested candidates can see the details on the State Bank of India's official careers webpage – sbi.co.in/careers.
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