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State Bank of India (SBI) News
State Bank of India (SBI)
Concerns on credit supply to small biz a myth: SBI report
Tue, Dec 04, 2018
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.
NHPC inks pact with SBI for Rs 500 cr term-loan
Sun, Dec 02, 2018
The borrowed fund will be utilised to finance the capital expenditure, NHPC said in a statement.
SBI to sell 3 bad loan accounts to recover Rs 2,111 crore dues
Sun, Dec 02, 2018
Earlier on November 22, SBI held e-auction of 11 NPA accounts that had outstanding dues of Rs 1,019 crore towards the bank.
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.
SBI account holder? 3 things that can get you in big trouble; don't do this, heavy penalty can be slapped on you
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.
SBI's Yono app completes 1 year! Check what it offers today
Sat, Nov 24, 2018
Through YONO app, you can also get heavy discounts on shoppersstop.com, Wonderchef, smytten, Thomas cooking and Croma sites.
As Kotak Mahindra Bank becomes bigger than Maruti Suzuki, Anand Mahindra says this for Uday Kotak
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.
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.
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.
SBI launches "Wealth Hub" in Mangaluru
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.
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.
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.
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.
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).
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.
SBI top gainer today, up by 2%; Can this be the reason for uptick?
Tue, Sep 11, 2018
SBI manages to jump high today in trading
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.
State Bank of India says Anshula Kant appointed MD
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: Applications invited for Specialist Cadre Officer Jobs on sbi.co.in/careers
Fri, Sep 07, 2018
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.
Rupee may decline further: SBI report
Tue, Sep 04, 2018
"The rupee has now depreciated by 6.2 per cent since June 2018 when RBI started hiking rates. Even as the decline is in consonance with strengthening of the dollar, we believe it may continue further," the report said.