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.
Wed, Aug 08, 2018
As part of its effort to promote online transaction, State Bank of India (SBI) today launched one more digital initiative called MOPAD (Multi Option Payment Acceptance Device).
Fri, Jul 06, 2018
Based on an initiative by the government and the Election Commission, the State Bank of India (SBI) introduced electoral bonds worth Rs 1,000, Rs 10,000, Rs 1,00,000, Rs 10 lakh and Rs 1 crore.
Sun, Mar 04, 2018
State Bank of India (SBI) took the steepest hit. The other firms which witnessed a decline in their market capitalisation (m-cap) were TCS, ITC, ONGC and HDFC Bank
Mon, Feb 12, 2018
The country's largest lender's loss was due to its bad loans and increased provisions
Wed, Jan 17, 2018
The bank did not specify whether the borrowing would be in rupee denomination or foreign currency
Sat, Jan 13, 2018
Increase in December inflation was primarily due to the base effect, a report said
Sat, Jan 06, 2018
The bank in an earlier statement said it had revised the requirement of maintaining monthly average balance and the charges
Fri, Nov 18, 2016
Cash deposits in State Bank of India reach Rs 1.27 lakh crore
Exchange of old note transactions reach Rs 6,477 crore, says SBI
SBI says cash withdrawal transactions amount to Rs 23,337 crore
Thu, Nov 17, 2016
According to estimates, banks have collected cash deposit of over Rs 4 lakh crore following the demonetisation decision announced on November 8 by Prime Minister Narendra Modi.
Mon, Nov 14, 2016
Ramaswamy Subramanian Co-founder and CEO at Finanzmart said, "It is a good time for genuine home buyer opting for home loans at this rate because these interest rates are at its lowest now. In fact in 2-3 years the rates have been progressively coming down.”
Fri, Nov 11, 2016
State Bank of India in its meeting held today announced that the bank plans to bring its insurance arm SBI Life insurance for initial public offering (IPO) within 18-24 months.
Till Thursday, SBI saw cash deposits of Rs 31000 crore out of which Rs 700 crore were exchanged. In its Q2 review meeting held today, the bank said on Friday till now it has received Rs 22,000 crore of cash deposits and out of which Rs 723 crore were exchanged.
Thu, Nov 10, 2016
After banks announced extended work timings for November 10 and November 11, people woke up early Wednesday morning to queue up in front of them to exchange their old currencies.
Tue, Nov 08, 2016
Assuring its customer, ICICI Bank added," Nevertheless the bank has taken steps to preserve the interests of its customers and continues to pursue the matter for enabling effective remediation through authorized channels.
Thu, Nov 03, 2016
he bank's entire floating rate in regards to home loan is benchmarked to 1 year MCLR of 8.95%.
Wed, Nov 02, 2016
As per its website, home loan for women will be 20 basis points above 1 year marginal cost of lending rate which translates it into 9.10%. Interest rate on home loans below Rs 75 lakhs for others will be available at 9.15% - which is 25 basis points above its benchmark.
Sat, Oct 29, 2016
Top two lenders in the country, State Bank of India (SBI) and ICICI Bank, announced a cut of 0.15% and 0.10% in their lending rates, respectively, under a new system of computation, signalling a further dip in borrowing costs ahead of the busy season.
Thu, Oct 20, 2016
A PTI report said,"All the bankers were quick to claim that the breach has not led to any monetary losses to anyone and all the measures being taken are to safeguard the system against any potential threat."
Wed, Oct 19, 2016
Six lakh State Bank of India (SBI) debit cards have been blocked due to a security breach that occurred in a 'non-SBI' ATM network.
Thu, Oct 06, 2016
Earlier, Chitra Ramkrishna, CEO of NSE on Business Standard said, The National Stock Exchange of India (NSE) will adhere to its plan of going public early next year so that it can give shareholders an opportunity to exit.”
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