Advertisement

Latest Articles in state bank of india

SBI Life Aims To Maintain 39 Per Cent Growth Momentum

Currently, there are around 24,000 SBI bank branches through which SBI Life products are distributed, and out of which 30 per cent are internally termed active

Read More

GDP To Remain Below 6% In Q2 FY18: SBI Report

July IIP (index of industrial production) data shows that production was particularly weak in consumer durable goods, the report said

Read More

Higher Studies For Your Child Abroad: Education Loan Or Education Planning?

As a nation of ‘tax saving hungry’ people, the hefty tax deductions that education loans have to offer goes on to greatly enhance their attractiveness in our eyes

Read More

SBI Chief Advices SMEs To Go In For Equity Capital, Not Debt

State Bank chairman Arundhati Bhattacharya on Friday urged small and medium enterprises (SMEs) to focus on raising funds through equity instead of debt to drive their businesses in a healthier manner

Read More

Mergers Can Reduce Public Sector Banks’ Need For Government Capital: SBI Chief

The statement comes after SBI merged all its five subsidiaries and Bharatiya Mahila Bank, which resulted in a massive spike in its provisions and bad loans ratio that touched double digits in the first consolidated results

Read More

PSPCL’s Move Towards Digital India- MOU Between PSPCL & SBI For Payment Of Electricity Bills Through RTGS ​

Taking a further step towards digitization, today, PSPCL took the initiative and partnered with SBI, the largest bank in India by entering into a MOU with the Bank, regarding collection of electricity bills through RTGS mode

Read More

SBI Post-merger Q1 Net Profit Jumps Three-fold To Rs 3,105 Crore

The bank's total consolidated income during the April-June quarter of 2017-18 stood at Rs 70,776.56 crore, SBI said in a regulatory filing. The total earnings in the same quarter of 2016-17 was at Rs 69,414.82 crore

Read More

Axis Bank Slashes Interest Rate, Get 3.5% On Rs 50 Lakh

However, the bank will continue to pay 4 per cent interest on deposits of above Rs 50 lakh

Read More

Jaitley Defends SBI Decision To Cut Saving Account Interest Rate

Responding to a Zero Hour mention of the SBI's decision to cut interest rate on saving accounts with less than Rs 1 crore deposit to 3.5 per cent from 4 per cent, he said to protect the interests of senior citizens, the government has already floated a deposit scheme that guarantees 8-plus per cent interest rate

Read More

State Bank Of India To Raise Rs 2,000 Crore

SBI said the bonds will carry a coupon rate of 8.15 per cent per annum with a call option after 5 years or the anniversary date thereafter

Read More

Karnataka Bank Cuts Interest Rate, Pay 3% On Deposit Of Rs 1 Lakh

The interest rate has been reduced by 1 per cent from 4 per cent, Karnataka Bank said in a statement

Read More

Markets Make New Records On Earnings Surge, Liquidity

European shares ruled high too despite lower-than-expected US economic growth numbers and renewed tension over North Korea's missile programme

Read More

SBI Cuts Rates For Most Savings Bank Accounts

Accounts with a balance of Rs 10 million ($155,994.07) and less will earn 3.5 per cent per annum effective July 31, while those above Rs 10 million will continue to earn 4 per cent per annum

Read More