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State Bank of India News
State Bank of India
SBI Q4FY18 preview: No surprises! Higher provision, NPAs to hamper earnings again
Tue, May 22, 2018
The SBI stock has touched an intraday low of Rs 241.30 per piece which resulted in nearly 2% decline on indices.
How to apply for SBI PO recruitment 2018: Last date Sunday May 13; check sbi.co.in; Salary Rs 13.08 lakh
Sat, May 12, 2018
How to apply for SBI PO recruitment 2018: This is one of the most prestigious jobs to be had in India and lakhs of candidates have applied for it. In case you have not done so, then you better know that the last date is Sunday May 13.
SBI PO recruitment 2018 notification: Last date to apply tomorrow, check sbi.co.in; know about exams, fees, pay and more
Sat, May 12, 2018
The process of registration will only complete when fee is deposited with the bank through internet payment on or before the date of payment fee.
SBI ATM withdrawal charges: How much does bank earn from you? Lender snubs request
Tue, May 08, 2018
The Reserve Bank of India rolled out a policy in August 2014, pertaining to the amount and the number of ATM transactions offered by banks for free of charge.
With debt hitting Rs 2,244 cr mark, Moser Baer Solar assets put on block
Wed, Apr 25, 2018
The resolution professional for Moser Baer Solar has invited bids for assets of the renewable energy company that owes Rs 2,244 crore to eight lenders as on March 8.
SBI PO recruitment 2018 notification: Last date May 13, check sbi.co.in; know about exams, fees, pay and more
Sat, Apr 21, 2018
SBI PO recruitment 2018: The probationary officers examination will be held in three phases i.e. Preliminary examination, Main examination and Group Exercise & Interview. Details on sbi.co.in.
This bank is the most trusted in India; check out others
Thu, Apr 19, 2018
In the midst of fraud allegations and NPA crisis hitting the banking sector leaving Punjab National Bank, ICICI Bank, Axis Bank and others reeling, public's trust in these institutions has been affected.
SBI Caps eyes i-bank JV, to segregate project financing from investment banking
Mon, Apr 16, 2018
The restructuring of SBI Caps is undertaken after the Reserve Bank of India (RBI) highlighted the duplication of functions at the bank and its investment banking subsidiary. In order to tackle bad loans, SBI had already initiated an overhaul of its operations a month back, which included a restructuring of SBI Caps.
SBI chief Rajnish Kumar looks to break bad loans cycle
Mon, Apr 16, 2018
A loan default of 30 to 60 days will push the account to the stressed assets management group (SAMG), instead of the earlier practice of waiting for 90 days. This vertical will be beefed up further with experts and technical hands, who will plan out restructuring and recovery specific to the sector.
SBI, PNB put 15 NPAs of Rs 1,063 crore on sale
Sun, Apr 08, 2018
SBI and PNB said they will conduct the e-auction on 20th of this month. SBI has put up a total of 12 accounts with total outstanding of Rs 848.54 crore for sale. "...We place these accounts for sale to asset reconstruction companies (ARCs)/banks/NBFCs/financial intuitions," said SBI, the country's largest bank
SBI, PNB, Bank of Baroda share prices rally; here is what got investors interested
Tue, Apr 03, 2018
SBI share price rose 2.7 per cent, contributing to a majority of the gains on the Nifty. Union Bank of India share price jumped 4.8 per cent while Bank of Baroda and Syndicate Bank share prices were up over 3 per cent each.
SBI fixed deposits interest rates hiked by up to 25 bps; see how you gain
Wed, Mar 28, 2018
The State Bank of India (SBI) has increased the interest rates on its retail domestic term deposits below Rs 1 crore by up to 25 bps. However, this revision in interest rate will be applicable only if you keep the money deposited for more than three or more. This upward revision will come into effect from March 31, 2018. Fixed deposit rates for more than 3 years but less than 5 years have been increased by 20 basis points (from 6.50 to 6.70%) and rate for over 5 years has been raised by 25 bps (from 6.50 to 6.75%)
SBI recruitment 2018: Bank jobs vacancies announced for specialist cadre officers; pay Rs 74,520; check last date at sbi.co.in
Thu, Mar 22, 2018
SBI recruitment 2018: The State Bank of India (SBI) has invites applications for 119 positions of the recruitment of specialist cadre officers that includes the posts of special management executives, deputy manager, law and deputy general manager.
Bids for Essar Steel by Numetal, ArcelorMittal rejected by lenders
Wed, Mar 21, 2018
While ArcelorMittal India has been found ineligible for its joint venture with Uttam Galva, which is at the NCLT awaiting resolution, Numetal's bid was done in by the fact that one of the promoters of the special purpose vehicle is Rewant Ruia, the son of Essar Group promoter Ravi Ruia, who is one of the original promoters of Essar Steel.
SBI closed 41.16 lakh savings accounts? Lender rushes to clarify
Thu, Mar 15, 2018
SBI revealed it has 41 crore Savings Bank Accounts and in the current fiscal, it opened as many as 2.10 crore accounts
SBI closes 41.16 lakh savings bank accounts as minimum balance penalty, is yours still open?
Wed, Mar 14, 2018
SBI had re-introduced the non-maintenance of average monthly balance charges in April last year after the charge was abolished around 6 years ago. The bank had yesterday announced a 75 per cent cut in penalty, effective April 1, for non-maintenance of minimum balance. So, the question on everyone's mind is whether their account has been spared or not. And the only way to find out is to rush to the bank to find out in person
SBI minimum balance charges slashed; check out how you benefit
Tue, Mar 13, 2018
SBI minimum balance charges: The charges for non-maintenance of AMB for customers in metro and urban centers have been reduced from a maximum of Rs 50 to Rs 15 per month, excluding Goods and Services Tax (GST).
This bank's manager booked for sending fake currency to RBI
Sun, Mar 11, 2018
Acting on a complaint by Satey Kumar, manager of RBI's Kanpur branch, the FIR was registered against the accused of sending fake Rs 1,000 and Rs 500 notes to the central bank
This is how to fix bank frauds; What ex RBI honcho wants
Sat, Mar 10, 2018
RBI deputy governor S S Mundra said that conditions were not right for privatisation of state-run lenders due to the socio-economic situation of India
Car, personal and home loans: Your EMIs set to hurt soon; here is why
Sat, Mar 10, 2018
Car, personal and home loans: Those who took car, personal, home loans are set to feel the pinch as their EMIs are going to rise