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State Bank of India (SBI) News
State Bank of India (SBI)
SBI yet to recalibrate 18,135 ATMs for new notes: RTI
Fri, Aug 24, 2018
Madhya Pradesh based RTI activist Chandrashekhar Gaud had asked the SBI that how many ATMs have been recalibrated for dispensing the new currency notes of Rs 2,000, Rs 500 and Rs 200 denomination.
SBI PO Mains 2018 results to be declared at sbi.co.in today; also check bank.sbi/careers for latest news and updates
Tue, Aug 21, 2018
SBI PO Mains 2018 results: The State Bank of India (SBI) is all set to declare the result of Probationary Officer (PO) recruitment examination anytime tonight. It was expected at 8 pm today, but that has not happened. Ideally, it was supposed to have been released on Monday.
SBI chief: Need to whittle down thrust on consortium lending
Tue, Aug 21, 2018
State Bank chairman Rajnish Kumar called for scaling down thrust on consortium lending, saying over-dependence on this has only led to bad loan pile- up as it has been inordinately delaying loan appraisals.
Fixed Deposit rates in India rise: Why it's time to rebalance your Equity vs Debt investment portfolio
Mon, Aug 20, 2018
Fixed Deposit rates in India: With the equity markets scaling new highs almost every other day and interest rates on fixed income products rising, retail investors need to take a fresh look at their investment portfolio and check if it needs re-balancing.
Jet Airways has not yet asked the bank for funds: SBI chairman
Tue, Aug 14, 2018
Beleaguered carrier Jet Airways Ltd has not yet approached State Bank of India (SBI) for any funds, the chairman of the country`s top bank said on Tuesday, according to television channel CNBC-TV18.
Independence day: Baba Ramdev-led Patanjali is not India's most patriotic brand
Tue, Aug 14, 2018
The survey, which covered 152 brands across 11 categories, is based on data collected online by YouGov Omnibus among 1,193 respondents in the country between August 2 and August 8 using its panel of an online representation of India. In the financial sector, SBI lead the chart with 47% respondents considering it to be the most patriotic brand, followed by LIC with 16%.
Profit hit by depreciation of the value of government bonds: Rajnish Kumar, Chairman, SBI
Mon, Aug 13, 2018
Rajnish Kumar, Chairman, SBI, feels that the profit in the current quarter of July-September would be contingent on the NCLT approving a resolution of one large account. In an exclusive interview with Zee Business, Kumar said the bank is planning to sell 4 per cent stake in its general insurance subsidiary, SBI General Insurance this financial year.
Will employees be sacked after SBI merger?
Sat, Aug 11, 2018
Finance Minister Piyush Goyal today said there was no retrenchment of employees after the merger of five associate banks and the Bhartiya Mahila Bank with the State Bank of India.
SBI posts third straight quarterly loss, bad loan ratio improves
Fri, Aug 10, 2018
The State Bank of India (SBI) reported a bigger-than-expected quarterly loss on Friday, as country`s biggest lender by assets made higher provisions for treasury losses although its improved bad loan ratio sent its shares higher.
SBI launches digital transaction initiative MOPAD
Wed, Aug 08, 2018
As part of its effort to promote online transaction, State Bank of India (SBI) today launched one more digital initiative called MOPAD (Multi Option Payment Acceptance Device).
Black money fight: Political parties received Rs 384 cr worth donation; SBI mum on which one got most
Fri, Jul 06, 2018
Based on an initiative by the government and the Election Commission, the State Bank of India (SBI) introduced electoral bonds worth Rs 1,000, Rs 10,000, Rs 1,00,000, Rs 10 lakh and Rs 1 crore.
Five of top-10 companies lose Rs 26,641 crore in market capitalisation
Sun, Mar 04, 2018
State Bank of India (SBI) took the steepest hit. The other firms which witnessed a decline in their market capitalisation (m-cap) were TCS, ITC, ONGC and HDFC Bank
Shares of SBI fall on weak Q3 earnings
Mon, Feb 12, 2018
The country's largest lender's loss was due to its bad loans and increased provisions
SBI to raise Rs 20,000 cr for affordable housing, infra projects
Wed, Jan 17, 2018
The bank did not specify whether the borrowing would be in rupee denomination or foreign currency
Inflation will dip in January, claims SBI
Sat, Jan 13, 2018
Increase in December inflation was primarily due to the base effect, a report said
SBI may announce minimum balance criteria again
Sat, Jan 06, 2018
The bank in an earlier statement said it had revised the requirement of maintaining monthly average balance and the charges
Demonetisation: SBI cash deposits cross Rs 1.2 lakh crore in 7 days
Fri, Nov 18, 2016
Cash deposits in State Bank of India reach Rs 1.27 lakh crore Exchange of old note transactions reach Rs 6,477 crore, says SBI SBI says cash withdrawal transactions amount to Rs 23,337 crore
Cash flood: ICICI, HDFC Bank cut FD rates by 0.25%
Thu, Nov 17, 2016
According to estimates, banks have collected cash deposit of over Rs 4 lakh crore following the demonetisation decision announced on November 8 by Prime Minister Narendra Modi.
MCLR Cut: Is it time to get a home loan or should you wait some more?
Mon, Nov 14, 2016
Ramaswamy Subramanian Co-founder and CEO at Finanzmart said, "It is a good time for genuine home buyer opting for home loans at this rate because these interest rates are at its lowest now. In fact in 2-3 years the rates have been progressively coming down.”
SBI Life Insurance IPO to come in 18-24 months
Fri, Nov 11, 2016
State Bank of India in its meeting held today announced that the bank plans to bring its insurance arm SBI Life insurance for initial public offering (IPO) within 18-24 months.