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State Bank of India News
State Bank of India
FM Arun Jaitley should focus on rural economy, affordable housing in Budget 2018: Arundhati Bhattacharya
Mon, Jan 29, 2018
Credit growth will take at least two-three quarters to see a revival, while borrowing cost is not going to come down any time soon, said ex-SBI Chairman Arundhati Bhattacharya in an exclusive interview to Zee Business.
Soon, you can make payments through WhatsApp
Thu, Jan 18, 2018
WhatsApp's payments feature is highly anticipated because of the huge popularity of the app across diverse populations in India.
RBI to resolve bad loans of nearly 1,500 accounts with PSBs
Mon, Jan 08, 2018
As of September 2017, PSBs' gross non-performing assets (GNPA) stood at Rs 7.34 lakh crore.
SBI may begin insolvency proceedings against 12 defaulters
Tue, Jan 02, 2018
A total of 28 accounts were identified by the RBI as wilful defaulters of lenders, which are facing heavy stressed assets in their balance sheet.
SBI collects Rs 1,771 crore as charges from below minimum balance accounts
Tue, Jan 02, 2018
State Bank of India (SBI) collected Rs 1,771 crore during April-November 2017 as charges from customers who did not maintain their minimum monthly average balance (MAB) in their accounts, according to Finance Ministry data.
SBI's new year gift to customers, reduces Base Rate, BPLR by 30 bps
Mon, Jan 01, 2018
Your cheque book will get invalid if you have an account in these SBI branches
Wed, Dec 27, 2017
The account holders of banks such as Bharatiya Mahila Bank, State Bank of Patiala, State Bank of Mysore, State Bank of Bikaner and Jaipur, State Bank of Raipur, State Bank of Travancore, and State Bank of Hyderabad will now have to get their cheque books replaced.
India's record share sales bring banks little cheer in the way of fees
Fri, Dec 22, 2017
India`s main stock indexes surged almost 30 percent in 2017 as investors bet on economic reform and corporate earnings recovery.
Microsoft launches Azure Stack for India
Wed, Dec 13, 2017
To further hasten Indian customers` move to the Cloud, Microsoft on Wednesday launched Azure Stack for India which is an extension of the company`s Azure Cloud platform.
SBI changes names, IFSC codes of around 1,300 branches
Sun, Dec 10, 2017
Post the merger of its five associates, State Bank of India has changed names and IFSC codes of nearly 1,300 of its branches.
Sensex ends slightly lower ahead of RBI policy decision
Tue, Dec 05, 2017
The wider Nifty50 of the National Stock Exchange (NSE) edged lower by 9.50 points or 0.09 per cent at provisionally close (at 3.30 p.m.) at 10,118.25 points.
Top 9 cos take Rs 81,804 crore hit in market cap
Sun, Dec 03, 2017
Barring Maruti Suzuki India, rest of the nine companies including, State Bank of India (SBI), Infosys, Tata Consultancy Services (TCS) and HDFC suffered losses in their market capitalisation (m-cap) for the week ended Friday.
From financial to lifestyle services need; here's what SBI's "YONO" platform does
Sat, Nov 25, 2017
YONO will be the first digital banking platform to offer customized products and offers from over 60 e-commerce players by leveraging analytics.
India passing through fast formalisation of economy: Jaitley
Sat, Nov 25, 2017
Speaking at a State Bank of India (SBI) event here, he said India is seeing "the replacement of a cash dominated economy with a more formal and digitised economy. One of the great changes will be the way India spends its money".
Air India ropes in SBI Caps, sets up 5 teams for divestment process
Wed, Nov 22, 2017
Preparing for strategic disinvestment, national carrier Air India has roped in SBI Caps to advise on the future course and has constituted five teams to work on various aspects of the stake sale process.
Post merger: SBI cuts staff by atleast 10,500 in 1HFY18
Mon, Nov 13, 2017
In 1991, it was suggested that India should have fewer but strong PSBs. Though it was only in May 2016 that effective action to consolidate state-owned banks struck headlines with six associate banks getting merged into State Bank of India.
Have SBI debit card; Here's a list of charges you need to remember
Sun, Nov 12, 2017
SBI offers you the convenience of more than 43,000 ATMs in India, the largest network in the country.
Mumbai to host Asian Bankers Association summit for first time
Sun, Nov 12, 2017
The two-day conference will be held in the megapolis from November 16 and will be hosted by State Bank, with the theme of 'Asia's turn to transform', SBI said.
State Bank of India profit crosses Rs 1,800 crore in Q2
Fri, Nov 10, 2017
State Bank of India second quarter (Q2 FY18) consolidated profit rises to Rs 1,840.4 crore from Rs 20.7 crore a year ago. However standalone profit of the bank dropped 38% to Rs 1,582 crore in the July to September quarter.
State Bank of India eyes profitable expansion outside home
Thu, Nov 09, 2017
State Bank of India (SBI) will open more branches in Nepal and consider options to re-enter Vietnam under a three-year goal to grow its international operations to as much as 15 percent of total business, a senior executive said.