SBI not rushing towards bankruptcy code due to lack of ecosystem
Kolkata, July 11 (IANS) The State Bank of India has not been “rushing towards” the new Insolvency and Bankruptcy Code (IBC) to resolve cases of defaults as the entire ecosystem required for the new...
View ArticleSBI reduces NEFT, RTGS charges upto 75%
New Delhi, July 13 (IANS) The country’s largest public sector bank, State Bank of India (SBI), had reduced charges for National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS)...
View ArticleSBI reduces NEFT, RTGS charges upto 75%
New Delhi, July 13 (IANS) After lowering the Immediate Payment Service (IMPS) charges, the State Bank of India (SBI) on Thursday reduced charges for National Electronic Funds Transfer (NEFT) and Real...
View ArticleSamsung Pay to support SBI debit cards
Mumbai, Aug 1 (IANS) The State Bank of India (SBI) and Samsung India on Tuesday announced the availability of payment platform Samsung Pay for higher variants of SBI debit Card. This will allow SBI...
View ArticleLok Sabha passes bill facilitating merger of SBI subsidiaries
New Delhi, Aug 10 (IANS) The Lok Sabha on Thursday passed a bill to facilitate merger of five associate banks with the State Bank of India. The State Banks Repeal and Amendment Bill, 2017, repeals two...
View ArticleSBI Q1 net profit surges 436% per cent post merger
Mumbai, Aug 11 (IANS) Lending major State Bank of India (SBI) on Friday reported an exponential rise of 436 per cent in net profit to Rs 2,006 crore during the first quarter (Q1) that ended on June...
View ArticleThousands transferred, branches closed, but no major protests in SBI
Chennai, Aug 15 (IANS) India’s largest lender, State Bank of India (SBI), has rationalised 716 offices (594 branches and 122 administrative offices) and several thousands of employees have been...
View ArticleThousands transferred, branches closed, but no major protests in SBI
Chennai, Aug 15 (IANS) India’s largest lender, State Bank of India (SBI), has rationalised 716 offices (594 branches and 122 administrative offices) and several thousands of employees have been...
View ArticleEmployees should be kept on board during bank mergers: SBI
New Delhi, Aug 24 (IANS) In the backdrop of the government approving constitution of an alternate mechanism to oversee proposals of bank mergers, State Bank of India Managing Director Dinesh Khara on...
View ArticleRBI adds HDFC among banks ‘too big to fail’ with SBI, ICICI
Mumbai, Sep 4 (IANS) The Reserve Bank of India (RBI) on Monday announced it has added private lender HDFC Bank to its list of “domestic systemically important banks” (D-SIBs) considered too big to...
View ArticleGDP in Q2 expected to stay below 6%: SBI report
New Delhi, Sep 14 (IANS) GDP growth during the second quarter of the current fiscal is expected to remain below 6 per cent due to a downward trend in exports and muted growth in the agriculture...
View ArticlePenalty from accounts to partly fund Aadhaar linkage costs: SB
New Delhi, Sep 17 (IANS) State Bank of India (SBI) expects to collect Rs 2,000 crore as penalty on savings bank accounts which have failed to maintain a minimum balance, a sum which may be used to...
View ArticleRajnish Kumar named new SBI Chairman
Mumbai, Oct 4 (IANS) The government on Wednesday named Rajnish Kumar as Chairman of the State Bank of India (SBI). Kumar, currently a Managing Director of SBI, will succeed Arundhati Bhattacharya...
View ArticleRajnish Kumar is new SBI Chairman
Mumbai, Oct 4 (IANS) A post-graduate in Physics-turned professional banker, Rajnish Kumar was on Wednesday named the new Chairman of the State Bank of India (SBI). Kumar, currently one of the Managing...
View ArticleSBI chief asks staff to be ethical, courteous
Mumbai, Oct 9 (IANS) Warning of challenges ahead, State Bank Of India’s new Chairman Rajnish Kumar has called upon all the 268,705 employees to maintain the highest standards of ethics and provide...
View ArticleChallenges ahead, be ethical, courteous, new SBI chief tells staffers
Mumbai, Oct 9 (IANS) Warning of challenges ahead, the State Bank of India’s new Chairman Rajnish Kumar asked all the 268,705 employees of the country’s largest bank “to maintain the highest standards...
View ArticleSBI to help restore Mumbai’s heritage site Shivaji Terminus
Mumbai, Oct 17 (IANS) Biggest public sector lender State Bank of India will help restore and conserve the world heritage site of Central Railway headquarters, the iconic Chhatrapati Shivaji Maharaj...
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