Market benchmark Sensex surged over 300 points in early trade on Thursday tracking advances in global equities as positive macroeconomic ...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
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 country's largest lender SBI on Friday reported over four-fold jump in standalone net profit at Rs 3,580.81 crore for March quarter 2...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
It has reached out to all its eligible loan customers to obtain their consent to stop their standing instructions (SIs) / National Autom...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
By FPJ Web Desk
After reporting several instances of the use of cloned ATM cards in New Delhi, State Bank of India (SBI) on Tuesday shared some tips to e...Read More
In a major relief to the customers amid coronavirus pandemic, State Bank of India, last week, had slashed benchmark lending rate by 15 ba...Read More
State Bank of India (SBI) on Sunday clarified that it is not offering any kind of emergency loans to customers through its YONO platform....Read More
The country's largest lender has introduced a new product 'SBI Wecare Deposit' for senior citizens in the retail term deposit segment to ...Read More
New Delhi: The country's largest lender State Bank of India on Thursday slashed benchmark lending rate by 15 basis points, and introduced...Read More
The country's largest lender, State Bank of India, is assessing its exposure to non-bank lenders to draw up a plan to extend new credit l...Read More
On Friday, the RBI allowed banks to give a three-month moratorium for repayment of all term loans due between Mar 1 and May 31, without t...Read More
Private sector lender Yes Bank will raise up to Rs 5,000 crore as equity capital in the second round to meet regulatory requirements and ...Read More