YES Bank to form alternate board after successful recovery following reconstruction
Mumbai: The Board of Directors of YES Bank, appointed under the Reconstruction Scheme March 2020, has recommended the formation of an alternate board of directors on the back of the private sector lender's turnaround and having achieved significant progress post the implementation of the scheme.
SBI now offers Real Time Xpress Credit on YONO app
Kolkata: With an aim to digitally empower customers and offer additional convenience, the country’s largest lender, State Bank of India (SBI) has announced the introduction of Real Time Xpress Credit (RTXC) on YONO.
At least 59 pc of inflation increase due to war impact: SBI report
At least 59 percent of the increase in inflation is because of geopolitical conflict. Against the continued increase in inflation, it is now almost certain that RBI will raise rates in the forthcoming June and August policy and will take it to the pre-pandemic level of 5.15 percent by August.
SBI likely to raise $2 billion via dollar bonds
Mumbai: India's largest sector lender SBI Wednesday said it is holding a meeting on May 10 to discuss raising up to $2 billion via US-dollar-denominated bonds.
Mumbai: SBI on Friday declined 3.08 pc to Rs 500.40 a major loser in 30 scrips of BSE.
SBI, BoB increase lending rate by up to 0.1 pc
State Bank of India (SBI) and other major lenders including Bank of Baroda (BoB), Axis Bank and Kotak Mahindra Bank are increasing their benchmark lending rates by up to 0.10 per cent.
SBI signs a MoU with the Border Security Force to provide curated benefits
New Delhi: Country’s largest Bank, State Bank of India (SBI) has signed a Memorandum of Understanding (MoU) with the Border Security Force to offer special benefits to the serving and retired BSF personnel and family pensioners through the Central Armed Police Salary Package (CAPSP) Scheme.
SBI FASTag: All you need to know
With the wheel of the economy - gradually opened-up - NETC FASTag has been witnessing exponential year-on-year growth of 53% in terms of its transaction volume. It touched 243.64 million transactions in February 2022 viz-a-viz 158.96 million transactions in the same month, a year ago.
PNB Housing Finance, SBI enter into strategic co-lending partnership
Mumbai/ IBNS: PNB Housing Finance today announced a strategic co-lending agreement with State Bank of India to offer convenient and customised retail loans to homebuyers at competitive interest rates. The partnership will primarily cover priority sector housing loans.
SBI signs pact with housing finance companies for co-lending of home loans
Mumbai/IBNS: India’s largest lender, State Bank of India (SBI), has entered into a co-Lending agreement with five Housing Finance Companies (HFCs) to sanction home loans to the unserved and underserved sector in line with RBI guidelines.
State Bank of India: Ecowrap - SRS report throws light on multiple facets of India's demography
The government has released the Sample Registration System (SRS) survey which is the largest demographic survey in the country mandated to provide annual estimates of fertility as well as mortality indicators at the State and National level.
Russia-Ukraine War: SBI halts trade with sanctioned Russian entities
State-run lender State Bank of India has said it has suspended transactions involving Russian entities in the wake of international sanctions, media reports said.
SBI moves down 1.83 pc to Rs 530.20
Mumbai/UNI: SBI on Friday declined 1.83 per cent to Rs 530.20, a major loser in the 30 scrips of the Bombay Stock Exchange (BSE).
SBI to not levy service charge on online IMPS transactions up to Rs 5 lakhs
Mumbai/IBNS: Public sector lender State Bank of India Tuesday said it would not levy any service charge on online Immediate Payment Service (IMPS) transactions up to Rs 5 lakh.
Mumbai: In an aim to encourage customers to adopt digital banking, SBI has not levied any Service Charges on IMPS transactions upto Rs. 5 lacs, done through Internet banking/Mobile Banking including YONO.