Yes Bank crisis: FM's assurance is right, depositors' money not at risk, says SBI chairman
Mumbai/New Delhi/IBNS: Amid the panic of the customers of crisis-hit Yes Bank, State Bank of India (SBI) chairman Rajnish Kumar on Saturday said the depositors' money was safe throwing weight behind the statement of Union Finance Minister Nirmala Sitharaman.
Hero Electric signs MOU with State Bank of India
New Delhi/IBNS: Biggest electric vehicle brand in India, Hero Electric on Friday announced its partnership with State Bank of India – India’s leading public sector bank – to offer its dealer network inventory financing solutions.
State Bank of India reduces MCLR by 5 bps across all tenors
New Delhi/UNI: Country’s largest lender State Bank of India (SBI) on Friday announced the reduction in its MCLR by 5 bps across all tenors.
State Bank of India up by 3.37 pc to Rs 289.95
Mumbai, Oct 30 (UNI) SBI on Wednesday moved up by 3.37 pc to Rs 289.95 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).
State Bank of India reduces MCLR and fixed deposit rates
New Delhi, Sept 9 (IBNS): India's biggest lender State Bank of India on Monday announced its decision to reduce MCLR (Marginal Cost of Funds based Lending Rate) by 10 basis points.
Kolkata, July 26 (IBNS): Sohan Lal Commodity Management Pvt. Ltd. (SLCM), India’s leading Agri services solutions provider having operations across India & Myanmar, has entered into an strategic partnership with India's largest bank, State Bank of India(SBI) for Collateral management and warehousing services.
SBI Group announces 3rd edition of ‘SBI Green Marathon’
Mumbai, July 23 (IBNS): After a major success of the first two editions of SBI Green Marathon, country’s largest financial services group SBI Group announces the launch of its 3rd edition.
State Bank of India Q4 net profit stands at Rs 838.40 cr
Mumbai, May 10 (UNI) Public sector lender State Bank of India (SBI) on Friday reported a net profit of Rs 838.40 crore for the quarter ended March 31,2019 as against a loss of Rs 7,718.17 crore during the same quarter a year ago.
Lenders in talks for Jet Airways' restructuring plan, says State Bank of India
New Delhi, Jan 17 (IBNS): The State Bank of India on Thursday said lenders of Jet Airways are considering a plan to resolve the debt issues faced by the Indian aviation major.
OYO Hotels signs MoU with SBI and Bank of Baroda to offer financial fillip for small hotels
New Delhi, July 25 (IBNS): OYO, South Asia's largest hotel chain, on Wednesday inked MoUs with the State Bank of India and Bank of Baroda for extending its support to budget hotels and creating jobs across levels.
Mumbai, Mar 13 (IBNS): India's largest lender, the State Bank of India (SBI), announced on Tuesday that it has reduced the charges for non-maintenance of minimum balance by upto 75 per cent.
State Bank of India hikes interest rates on loans across most maturities
Mumbai, Mar 1 (IBNS): The country's largest lender, the State Bank of India, on Thursday, raised its marginal cost-based lending rates (MCLR) across most maturities, with immediate effect, according to media reports.
SBI decreases penalty for non-maintenance of minimum balance
Mumbai, Sept 25 (IBNS): The State Bank of India (SBI) on Wednesday said it has reviewed the requirement of maintaining Monthly Average Balance (MAB) and the charges for non-maintenance of MAB.
SBI announces festive bonanza for retail customer
Mumbai, Aug 21 (IBNS): State Bank of India (SBI), country’s largest commercial bank announces waiver of upto 100 percent processing fee on car loans, personal gold loans and personal loans. This is in addition to the existing waiver on processing fee on takeover of home loans.
State Bank opens folk art gallery at Alipore branch
Kolkata, May 18 (IBNS): State Bank of India has come forward to promote the traditional heritage of folk art prevalent at various parts of the country.