State Bank of India

Festive cheers: SBI offers additional concessions on home loans

Festive cheers: SBI offers additional concessions on home loans

Accordingly, an interest concession of 25 bps will be provided for buying homes of above Rs 75 lakh, based on 'CIBIL score and through YO...Read More

SBI economists propose 'Adopt-A-Family' scheme: Here's all you need to know about the voluntary scheme

SBI economists propose 'Adopt-A-Family' scheme: Here's all you need to know about the voluntary scheme

Economists at State Bank of India (SBI) have proposed "Adopt-a-Family" voluntary scheme, where taxpayers are incentivised to support a BP...Read More

SBI Card offers festive cashbacks, discounts across various brands

SBI Card offers festive cashbacks, discounts across various brands

The festive offer covers wide set of categories like fashion and lifestyle, electronics, mobiles and jewellery.

Govt appoints Dinesh Kumar Khara as SBI chairman

Govt appoints Dinesh Kumar Khara as SBI chairman

The government on Tuesday appointed SBI's senior-most Managing Director Dinesh Kumar Khara as the chairman of the the country's largest l...Read More

Centre, state consolidated fiscal deficit may touch 13 pc of GDP: SBI

Centre, state consolidated fiscal deficit may touch 13 pc of GDP: SBI

Fiscal deficit -- the gap between expenditure and revenue -- during April to August was at 109.3 per cent of the annual target estimated ...Read More

FPJ Facts: What are the special SBI’s services for Hindustan Unilever Limited distributors or retailers?

FPJ Facts: What are the special SBI’s services for Hindustan Unilever Limited distributors or retailers?

The country’s largest lender State Bank of India, and the largest fast-moving consumer goods, Hindustan Unilever Limited have come togeth...Read More

Beware! SBI warns customers of fake WhatsApp calls and scam messages

Beware! SBI warns customers of fake WhatsApp calls and scam messages

State Bank of India (SBI), India’s largest public sector bank, on Monday issued a warning to its customer to remain cautious of unknown W...Read More

FPJ facts: What are the new offers on car, gold, personal and home loans SBI introduced for its retail customers?

FPJ facts: What are the new offers on car, gold, personal and home loans SBI introduced for its retail customers?

India’s largest lender, State Bank of India (SBI), has introduced various schemes to attract more retail customers. It has offered waiver...Read More

No clamour or rush for restructuring of loan: SBI Chairman

No clamour or rush for restructuring of loan: SBI Chairman

Contrary to market expectations, there was not too much demand or clamour for restructuring of loans as permitted by RBI recently to beat...Read More

SBI raises Rs 7,000 cr via Basel III compliant bonds

SBI raises Rs 7,000 cr via Basel III compliant bonds

"The Committee of Directors for Capital Raising at its meeting of held today on September 21, 2020 accorded its approval to allot 70,000 ...Read More

FPJ news you can use: Some SBI debit card holders are eligible for Rs 20 lakh insurance cover

FPJ news you can use: Some SBI debit card holders are eligible for Rs 20 lakh insurance cover

The country’s largest lender, State Bank of India, is offering complimentary insurance covers on SBI debit cards. This insurance is broad...Read More

CBI registers case against private company for allegedly duping SBI

CBI registers case against private company for allegedly duping SBI

The Central Bureau of Investigation (CBI), on Monday, registered a case against a city-based private company for allegedly cheating State...Read More

SBI moots VRS scheme to optimise costs, about 30,000 employees eligible

SBI moots VRS scheme to optimise costs, about 30,000 employees eligible

The total employee strength of country's largest lender stood at 2.49 lakh at the end of March 2020 as compared to 2.57 lakh a year ago.

SBI moots VRS scheme to optimise costs, about 30,000 employees eligible

SBI moots VRS scheme to optimise costs, about 30,000 employees eligible

In a bid to optimise its costs, the State Bank of India (SBI) has planned a voluntary retirement scheme (VRS) under which about 30,190 em...Read More

Real GDP likely to contract by 10.9 pc in FY21: SBI Ecowrap

Real GDP likely to contract by 10.9 pc in FY21: SBI Ecowrap

It had earlier estimated real gross domestic product (GDP) at (-) 6.8 per cent for the current fiscal.

SBI chief hopes for lesser number of debt recast requests from corporates

SBI chief hopes for lesser number of debt recast requests from corporates

Earlier this month, RBI allowed one-time restructuring of both corporate and retail loans that are being affected by the COVID-19 related...Read More

SBI, PNB, BoB may go for share sale this fiscal

SBI, PNB, BoB may go for share sale this fiscal

Qualified Institutional Placement (QIP) would be the most preferred way and public sector banks are likely to take a call on taking this ...Read More

More trouble for MIAL as SBI likely to appoint forensic auditor

More trouble for MIAL as SBI likely to appoint forensic auditor

GVK Infrastructure and Power including Mumbai International Airports Limited (MIAL) have been facing action by the enforcement agencies, ...Read More

SBI to raise Rs 8,931 cr by issuing Basel III compliant bonds

SBI to raise Rs 8,931 cr by issuing Basel III compliant bonds

The committee of directors for capital raising at its meeting held today accorded its approval to allot 89,310 Basel III compliant non-co...Read More

Initiate insolvency proceedings against Anil Ambani: NCLT tells SBI

Initiate insolvency proceedings against Anil Ambani: NCLT tells SBI

Anil Ambani had given a personal guarantee to the loans given by State Bank of India (SBI) to Reliance Communications and Reliance Infrat...Read More

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