By FPJ Web Desk
On Friday, three people, including son of former SBI employee, were arrested by the Tamil Nadu police for running a duplicate branch of S...Read More
State Bank of India's Chairman Rajnish Kumar said there is a need to wait for three to four months to see the trend of the recovery.
The country's largest lender State Bank of India (SBI) on Wednesday said it has reduced its marginal cost of funds-based lending rate (MC...Read More
The development comes a day after Yes Bank's board approved raising funds through an FPO.
Country's largest lender, State Bank of India, relaunched its Aadhaar-enabled instant digital savings account. This account is for custom...Read More
Fitch Ratings has revised the outlook to negative from stable on long-term issuer default ratings (IDRs) of nine India-based banks while ...Read More
In a letter to the bank's shareholders, Kumar exuded confidence that despite economic headwinds, the robust performance achieved by the c...Read More
Kumar said that both the RBI and the government have taken measures to bring back the economy, derailed by the pandemic, back on track.
The country's largest lender SBI on Tuesday said it will seek shareholders' approval in mid-July for the same.
The decisions were taken at the meeting of the executive committee of the central board (ECCB) of SBI on Thursday.
Sujit Varma, Deputy Managing Director, Corporate Accounts Group, State Bank of India said that the lockdown has severely affected the cas...Read More
For a while now, the interest rates offered by fixed deposits were declining but now it has reached a level where short-term savings look...Read More
By Staff Reporter
State Bank of India (SBI) launched its wealth management business by opening its 150th SBI Wealth Hub at Gwalior on Monday. SBI Wealth of...Read More
The one year MCLR has been revised to 7 per cent from 7.25 per cent, the bank said in a release. This is the thirteenth consecutive reduc...Read More
The Executive Committee of the Central Board is scheduled to meet on June 11 to consider long-term fund raising, the country's largest le...Read More
Kumar also said the bank is very bullish about the Rs 3 lakh crore credit guarantee scheme for MSME, and through the scheme the governmen...Read More
The COVID-19 pandemic and the lockdown have made Indian consumers risk-averse if one were to go by data showing a growth in deposits and ...Read More
It has reached out to all its eligible loan customers to obtain their consent to stop their standing instructions (SIs) / National Autom...Read More
State-run State Bank of India has decided to make the process to defer EMI simple. The bank will start sending notification to its borrow...Read More
On March 27, the central bank had announced a three-month moratorium on payment of all term loans falling due between March 1, 2020 and M...Read More