State Bank of India

Housing finance companies should focus on providing retail loans instead of financing developers: SBI’s Rajnish Kumar

Housing finance companies should focus on providing retail loans instead of financing developers: SBI’s Rajnish Kumar

State Bank of India chairman Rajnish Kumar has said that Housing Finance Companies (HFCs) should focus more on providing retail loans ins...Read More

PTC India Financial Services to raise Rs 250 cr from LIC under partial credit enhancement

PTC India Financial Services to raise Rs 250 cr from LIC under partial credit enhancement

New Delhi: PTC India Financial Services (PFS) said it will raise up to Rs 250 crore from Life Insurance Corporation (LIC) under partial c...Read More

SBI seeks bids to sell 11 NPAs worth 4.66 bln rupees

SBI seeks bids to sell 11 NPAs worth 4.66 bln rupees

MUMBAI: State Bank of India has sought bids to sell 11 non-performing loan accounts with outstanding of 4.66 bln rupees, the lender said ...Read More

India’s deposit insurance coverage among the lowest in the world: SBI report

India’s deposit insurance coverage among the lowest in the world: SBI report

Mumbai: A state-run State Bank of India (SBI) report said that the deposit insurance coverage in India is one of the lowest in the world....Read More

Kukshi: Gas agency manager robed of Rs 3.05 lakh

Kukshi: Gas agency manager robed of Rs 3.05 lakh

Gupta immediately informed his superiors at the agency and the police.

SBI cuts saving bank account interest rate and fixed deposits

SBI cuts saving bank account interest rate and fixed deposits

New Delhi: The State Bank of India (SBI) on Wednesday cut interest rate on savings deposits, with a balance of upto Rs 1 lakh, by 25 bps ...Read More

SBI reduces non-repo rates for loans by 10 bps

SBI reduces non-repo rates for loans by 10 bps

The cut in MCLR follows a 25 bps reduction in repo rate by the RBI last week

SBI unveils debit card EMI on PoS loans for consumer durables

SBI unveils debit card EMI on PoS loans for consumer durables

Mumbai: State Bank of India on Monday launched a debit card EMI facility under which consumers can opt for a monthly instalment tenure of...Read More

‘PMC Bank should be merged with SBI to protect account holders’

‘PMC Bank should be merged with SBI to protect account holders’

While holding RBI and BJP responsible for the PMC Bank scam, Vishwas Utagi suggested PMC should be merged with the State Bank of India (S...Read More

Are you a SBI customer? Note these new rules and service charges effective October 1

Are you a SBI customer? Note these new rules and service charges effective October 1

From October 1, the bank has reduced the average monthly balance (AMB) for urban and metro centres from Rs 5,000 to Rs 3,000 and that of ...Read More

SBI announces repo rate as external benchmark for all floating rate loans from October 1

SBI announces repo rate as external benchmark for all floating rate loans from October 1

On Monday, State Bank of India (SBI) announced that it will adopt the repo rate as an external benchmark for its floating rate small loan...Read More

Banks' credit must grow 12 percent to meet USD-5 trillion economy target: SBI MD

Banks' credit must grow 12 percent to meet USD-5 trillion economy target: SBI MD

Kolkata: The credit from banks must grow by 12 per cent every year to meet the Centre's target to achieve a USD 5-trillion economy within...Read More

SBI Recruitment 2019: 700 vacancies out for Apprentice posts; check at sbi.co.in

SBI Recruitment 2019: 700 vacancies out for Apprentice posts; check at sbi.co.in

State Bank of India (SBI) has issued a notification for recruitment to the post of Apprentice under the apprentices act 1961. A total of ...Read More

SBI cuts lending rates; what does it mean for your home loan EMIs

SBI cuts lending rates; what does it mean for your home loan EMIs

State Bank of India (SBI) has reduced the MCLR (Marginal Cost of Funds based Lending Rate) by 10 basis points. This will be effective fro...Read More

PSBs to submit future roadmap to FinMin in September

PSBs to submit future roadmap to FinMin in September

Over the weekend (Saturday and Sunday), all public sector banks (PSBs) indulged in grass root level discussions. All the regional offices...Read More

SBI to reduce interest rates on all term deposits from August 1

SBI to reduce interest rates on all term deposits from August 1

Mumbai: Country's largest lender State Bank of India (SBI) on Monday said it will reduce interest paid on all term deposits from August 1...Read More

SBI moves intervention plea against HDFC claim on Jet’s BKC building

SBI moves intervention plea against HDFC claim on Jet’s BKC building

State Bank of India, the lead lender to the bankrupt Jet Airways, Wednesday moved an intervention application against mortgage lender HDF...Read More

SBI Clerk Prelims result 2019 declared; check at sbi.co.in

SBI Clerk Prelims result 2019 declared; check at sbi.co.in

The State Bank of India (SBI) has declared the SBI Clerk Prelims Result 2019. Candidates who have appeared for the examination can downlo...Read More

SBI clerk prelims results 2019 to be declared soon; check at sbi.co.in

SBI clerk prelims results 2019 to be declared soon; check at sbi.co.in

The State Bank of India is likely to announce the SBI Clerk Prelims Result anytime soon. The candidates who had appeared for the SBI Cler...Read More

Fire breaks out in sixth floor of SBI building, no casualty

Fire breaks out in sixth floor of SBI building, no casualty

New Delhi: A fire broke out on the sixth floor of the State Bank of India (SBI) building on Sansad Marg here on Thursday, Delhi Fire Serv...Read More

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