SBI identifies 7 lakh accounts for providing overdraft facility
Kolkata, Aug 3 (IANS) Country’s largest lender State Bank of India has identified 7 lakh accounts, which were opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY), for providing overdraft facility,...
View ArticleSBI identifies 7 lakh accounts for providing overdraft facility
Kolkata, Aug 3 (IANS) The country’s largest lender State Bank of India has identified 7 lakh accounts, which were opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY), for providing overdraft...
View ArticleSBI board gives consent for acquiring 4 banks
Mumbai, Aug 18 (IANS) In a move that can potentially trigger a major consolidation in India’s state-run financial services space, the board of the State Bank of India (SBI) on Thursday approved the...
View ArticleSBI approves swap ratio of 3 associate banks, Bharatiya Mahila Bank (Roundup)
Chennai, Aug 18 (IANS) In a move that can potentially trigger a major consolidation in India’s state-run financial services space, the board of State Bank of India (SBI) on Thursday approved the swap...
View ArticleSBI looks to add $120 billion to its asset base
Mumbai, Aug 20 (IANS) The country’s largest lender State Bank of India on Saturday said it is looking to add $120 billion (Rs 8 lakh crore) assets following the merger of all its associates banks and...
View ArticleKerala HC admits petition against State Bank of Travancore’s merger
Kochi, Aug 30 (IANS) A petition questioning the merger of State Bank of Travancore (SBT) with State Bank of India (SBI) was admitted in the Kerala High Court here on Tuesday. The public interest...
View ArticleSBI mulls 25 basis point interest rate cut
Mumbai, Sep 11 (IANS) State Bank of India (SBI) Chairperson Arundhati Bhattacharya says a 25 basis points cut in interest rates was in the offing and that an improvement in the financial health of...
View ArticleSBI’s bond issue to set pricing benchmark for others
Chennai, Sep 14 (IANS) Credit rating agency Moody’s Investors Service on Wednesday said the State Bank of India’s (SBI) issuance of additional tier 1 (AT1), Basel III compliance securities would set...
View ArticleAfter 53 years, SBI resumes banking in Myanmar
Mumbai, Oct 3 (IANS) The State Bank of India resumed banking operations in Myanmar after a gap of 53 years by inaugurating a branch in the country’s largest city Yangon on Monday — becoming the first...
View ArticleSBI blocks over half million debit cards after security risk
Mumbai, Oct 19 (IANS) Following a suspected security breach, the State Bank Of India (SBI) has blocked more than 600,000 debit cards of its customers and will issue fresh cards to them, official...
View ArticleNo cause for panic on debit card data breach: Official
New Delhi, Oct 21 (IANS) Economic Affairs Secretary Shaktikanta Das on Friday reassured the public that there was no cause for panic on the recent data breach that has affected over 32 lakh bank...
View ArticleSBI cuts home loans rate by 0.15%
New Delhi, Nov 2 (IANS) Country’s largest lender, the State Bank of India (SBI) on Wednesday slashed, by 0.15 percent, interest rates for its home loans up to Rs 75 lakh effective from November 1. On...
View ArticlePeople carry bundles of Rs 1000 notes to SBI ATM kiosks
Kolkata, Nov 8 (IANS) Commoners outside a State Bank of India (SBI) ATM here were seen carrying Rs 1,000 notes in bundles to deposit them at the kiosks. The reaction was a fallout after Prime Minister...
View ArticleSBI extends business hours to help customers
New Delhi, Nov 9 (IANS) All State Bank of India (SBI) branches will remain open on Thursday with extended business hours upto 6 p.m., the bank said on Wednesday. “The customers can withdraw maximum...
View ArticleSBI records steep fall in Q2 profits
Chennai, Nov 11 (IANS) India’s largest bank State Bank of India (SBI) on Friday said it closed the second quarter of the current fiscal with a lower net profit of Rs 2,538.32 crore. In a regulatory...
View ArticleSBI’s deposits zoom by Rs 53,000 cr in two days, Q2 net falls
Mumbai, Nov 11 (IANS) As much as Rs 53,000 crore were deposited with the State Bank of India (SBI) during the last two days after the government’s demonetisation move, bank Chairperson Arundhati...
View ArticleSBI to calibrate 1,000 ATMs for Rs 2,000 notes by Monday
Kolkata, Nov 13 (IANS) State Bank of India (SBI) expects to calibrate 1,000 of its ATMs for Rs 2,000 currency notes by Monday night, its Chairman Arundhati Bhattacharya said on Sunday. “We are working...
View ArticleSBI’s ‘demonetisation deposits’ swell to Rs 75,945 cr
Chennai, Nov 13 (IANS) India’s largest lender State Bank of India (SBI) has seen Rs 75,945 crore in deposits since the demonetisation of high-denomination currency notes on November 8, said a senior...
View ArticleCongress questions ‘loan waiver’ to Mallya, other defaulters
Mumbai, Nov 16 (IANS) Leader of Opposition in the Maharashtra assembly Radhakrishna Vikhe-Patil on Wednesday questioned the central government’s decision to “write off debts of 63 industrialists,...
View Article686 petrol pumps start dispensing cash via debit cards
New Delhi, Nov 18 (IANS) In a bid to ease the cash crunch after the November 8 demonetisation, close to 700 petrol pumps on Friday began dispensing cash against swiping of debit cards, an official...
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