State Bank of India (SBI)
IBC is the biggest change for NPA recovery in banking history of India: Rajnish Kumar, SBI
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.
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No liquidity crisis in NBFC sector: SBI Chairman
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.
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Petrol, diesel prices: Cheaper drive ahead, fuel rate slashed by Rs 8.40, Rs 4.46 respectively in 30 days
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.
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![SBI launches "Wealth Hub" in Mangaluru](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2018/10/21/56583-sbi-logo-ians.jpg?itok=H7X6q-Vc&c=842becb51e93ca64c14133158359beff "SBI launches "Wealth Hub" in Mangaluru"){kind=logo}
Bank holidays 2018: ATMs to be closed for 5 days? You may face cash crunch
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.
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Crisis hit NBFCs put loans on sale with discounts, but banks fearful
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.
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Home loan EMIs set to soar, borrowers to suffer big money loss
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.
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SBI account holder? Your bank just hiked loan rates; HDFC Bank and ICICI Bank set to follow
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).
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SBI account holder? Your bank is credit card happy! Want one too?
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.
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SBI Recruitment 2018: Applications invited for posts of Deputy Manager, Fire Officer on sbi.co.in/careers
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.
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