State Bank of India (SBI)
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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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.
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SBI account holder? You may lose your money, if you do these 5 things
Wed, Aug 29, 2018
SBI said that it would never seek sensitive information from its account holders like user ID, PIN, password, CVV, OTP, VPA (UPI) etc from you. If anyone asks you about these details, never tell them, otherwise, you will be at loss. This applies even if someone cites the bank's name.
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SBI looks to push this firm into NCLT clutches; company's escape strategy is eye-ball grabbing
Wed, Aug 29, 2018
Hindusthan National Glass & Industries Ltd (HNGI), the largest glass packaging maker in the country, has reached a settlement worth a little above Rs 2,000 crore in cash and equity to lenders consortium headed by State Bank of India (SBI).
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Bankers see no material impact on their provisioning as Reserve Bank of India Deadline ends
Tue, Aug 28, 2018
"The August 27 deadline does not have any material impact on the provisioning requirements as most of them have already been classified as bad loans," Rajnish Kumar told reporters on the sidelines of the annual general meeting of the Indian Banks Association this evening.
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SBI changes names, IFSC codes of nearly 1,300 branches post merger with associates
Mon, Aug 27, 2018
A total of 1,295 branches have been changed across the country as per the SBI list enlisting the old and new IFSC codes after rationalisation/merger with associate banks and BMB, as per the list on its website.
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Resolution soon on 7-8 stressed power assets worth Rs 17,000 cr, says SBI MD
Fri, Aug 24, 2018
When asked how many cases are being referred to NCLT by the end of the August 27 deadline, he said: "We don't see major spurt in accounts being referred to National Company Law Tribunal (NCLT). We have been bringing out the stress in the system...We have worked at resolution.
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