SBI cashier exchanges Rs 1.09 cr in demonetised notes, booked
Hyderabad, April 6 (IANS) The CBI on Thursday said it has registered a case against a State Bank of India (SBI) cashier here on charge of exchanging Rs 1.09 crore in demonetised currency with legal...
View ArticleSBI bad loans balloon, post-merger provisioning may rise
New Delhi, April 7 (IANS) State Bank of India’s bad loans have ballooned approximately 50 per cent in the span of a year and those of its five associate banks by 170 per cent. The bank will likely...
View ArticlePostal department, SBI tie up for cashless transactions
Chandigarh, April 11 (IANS) To promote cashless transactions, the Department of Posts has joined hands with the State Bank of India (SBI), officials said here on Tuesday. Under the agreement, the...
View ArticleOrdinance to help banks: SBI
Kolkata, May 5 (IANS) The Banking Regulation (Amendment) Ordinance, notified on Friday, is expected to facilitate bankers to adopt resolutions for NPA (non performing assets) accounts, a banker said...
View ArticleSBI cuts home loan rates by 25 bps
Mumbai, May 8 (IANS) The country’s largest home loan provider State Bank of India (SBI) has announced reduction in the home loan rates by 25 basis points (bps) from 8.60 per cent to 8.35 per cent per...
View ArticleOrdinance on bad loans aims at maximum recovery for banks: SBI
New Delhi, May 8 (IANS) Welcoming the ordinance on tackling bad loans, the State Bank of India on Monday said that it will help to maximise recovery for the banking system. “This is a very welcome...
View ArticleOutrage in Kerala as SBI levies charges on ATM withdrawals
Thiruvananthapuram, May 11 (IANS) A public outcry erupted in Kerala after the State Bank of India (SBI) announced that charges would be levied on all cash withdrawals from its ATMs from June onward....
View ArticleKerala FM Issac slams SBI’s new charges on ATM withdrawals
Thiruvananthapuram, May 11 (IANS) Amid a public outcry over the State Bank of India (SBI) announcement to levy charges on ATM cash withdrawals from June, Kerala Finance Minister Thomas Issac on...
View ArticleAll ATM withdrawals not chargeable, clarifies SBI (Roundup)
Mumbai/Thiruvananthapuram, May 11 (IANS) Denying reports that all withdrawals from State Bank of India (SBI) ATMs will be chargeable from June 1, the largest public lender on Thursday clarified that...
View ArticleAll ATM withdrawals not chargeable, clarifies SBI (Lead Roundup, correcting...
Mumbai/Thiruvananthapuram, May 11 (IANS) Denying reports that all withdrawals from State Bank of India (SBI) ATMs will be chargeable from June 1, the largest public lender on Thursday clarified that...
View ArticleAll ATM withdrawals not chargeable, SBI clarifies after furore (Intro Roundup)
Mumbai/Thiruvananthapuram, May 11 (IANS) Amid a public outcry in Kerala over a State Bank of India (SBI) announcement levying charges on ATM cash withdrawals from June 1, the largest public lender on...
View Article‘SBI ATMs not affected by ransomware’
New Delhi, May 17 (IANS) Amid reports of several ATMs remaining shut due to a possible virus attack by WannaCry ransomware, the largest public lender of the country State Bank of India (SBI) on...
View ArticleSBI net profit up 122.72% in Q4
Kolkata, May 19 (IANS) India’s largest public sector State Bank of India on Friday reported a 122.72 per cent increase in its net profit to Rs 2,815 crore in the last quarter of 2016-17 fiscal ended...
View ArticleFour jewellers booked for cheating SBI of Rs 65 cr
Chennai, May 26 (IANS) The Central Bureau of Investigation (CBI) on Friday said it has registered a case against four jewellers for allegedly causing a loss of Rs 65 crore to the State Bank of India...
View ArticleSecure Cloud services paramount to data security: SBI
New Delhi, June 1 (IANS) In order to ward off growing cyber threats against the banking and finance sector, standardising security infrastructure is the key and deploying secure Cloud services is the...
View ArticleSBI funds 100 MW rooftop solar projects with World Bank lending
New Delhi, June 2 (IANS) The State Bank of India (SBI) on Friday announced the receipt of a World Bank loan for financing 100 MW rooftop solar projects worth $625 million (Rs 400 crore) by private...
View ArticleSBI to hold farmers’ meets on credit flow
New Delhi, June 6 (IANS) In a bid to smoothen credit flow for agriculture, the State Bank of India (SBI) is aiming to reach out to 10 lakh farmers through meetings at 15,500 rural and semi-urban...
View ArticleSBI reduces home loan rates by 10 bps for above Rs 75 lakh
Mumbai, June 9 (IANS) The State Bank of India (SBI) on Friday announced reduction in home loan interest rates by 10 basis points (bps) for salaried women who take a loan of above Rs 75 lakh, effective...
View ArticleSBI’s paid-up share capital rises to Rs 863 crore
Mumbai, June 12 (IANS) Lending major State Bank of India (SBI) on Monday said that its paid-up capital has increased to Rs 863.20 crore after its recent share placement through QIP. “Pursuant to the...
View ArticleData analytics to play key role: SBI chief
Kolkata, July 11 (IANS) State Bank of India’s Chairperson Arundhati Bhattacharya on Tuesday said data analytics will play a key role in digital banking. “On the corporate side, we will be using not...
View Article