Tag: SBI

1992 SBI Scam: Mumbai court acquits officials, Mehta’s brother

Mumbai: Nine people accused in 1992 security scam involving scam kingpin Harshad Mehta duping SBI to the tune of Rs…

SBI’s Q2 standalone net profit slumps over 40% on year

Mumbai: State Bank of India on Monday reported an over 40 per cent year-on-year decline in its standalone net profit…

SBI reduces daily cash withdrawal limit

New Delhi: The State Bank of India (SBI) has reduced the per day cash withdrawal limit for all Classic and…

Electoral Bonds to be available from November 1

New Delhi: State Bank of India (SBI) in the sixth phase of sale has been authorised to issue and encash…

RBI unlikely to hike rates in rest of FY19: SBI report

Mumbai: The Reserve Bank of India (RBI) is not expected to hike key lending rates in the current fiscal, a…

SBI issues deadline for customers using banking services

Internet banking services for SBI users will not be available after December 1, 2018, if the customers fail to register…

Know why SBI cut daily ATM withdrawal limit to Rs 20,000

NEW DELHI: In view of spurt in fraudulent transactions ahead of festive season, State Bank of India (SBI) has lowered…

SBI reduced cash withdrawal limit of Rs 40,000 per day from ATM’s

The State Bank of India (SBI) has announced that the cash withdrawal limit from ATMs (automated teller machines) has been…

SBI expects 53% recovery from first list of 12 stressed accounts

Kolkata: The SBI, which has introduced an "intermediary credit review mechanism", is expecting a recovery of around 53 per cent…

RBI likely to hike repo rate by 25 bps: SBI

Mumbai: The Reserve Bank of India (RBI) is expected to hike its key lending rate by 25 basis points in…

SBI approves sale of 4% stake in insurance arm

New Delhi: State Bank of India (SBI) at its Executive Committee meeting of the Board approved the sale of 86.2…

SBI reassures NBFCs on liquidity concerns

Mumbai: The State Bank of India (SBI) on Sunday asked non-banking financial companies (NBFCs) not to worry about credit availability…

SBI posts should be open to executives of nationalised banks, says AIBEA official

Chennai: Executive Directors (ED) of the nationalised banks should be considered for the post of Deputy Managing Directors (DMD) in…

RBI can sell USD 25 bn more to arrest rupee fall: SBI report

Mumbai: The Reserve Bank of India (RBI) should intervene in both spot and forward markets to arrest Indian rupee's depreciation,…

SBI to auction 8 bad loan accounts to recover Rs 3,900 cr

Mumbai: The State Bank of India (SBI) has put eight non-performing assets (NPAs), or bad loan accounts, on sale to…

No laxity in steps to stop Mallya from fleeing: SBI

New Delhi: The State Bank of India (SBI), the lead lender to the now-defunct Kingfisher Airlines, on Friday denied reports…

Retail inflation cools down but October RBI rate hike imminent: SBI

Mumbai: Even as the country's retail inflation cooled off in August, an October rate hike by the Reserve bank of…

FVAT on fuel to give states windfall gain of around Rs 22,700 cr: SBI

Mumbai: Lending major State Bank of India (SBI) on Tuesday said that the recent increase in petrol and diesel prices…

SBI announces special loan for repair, renovation of homes in Kerala

Kochi : The State Bank of India (SBI) on Monday announced special term loan for repair and renovation of homes…

SBI opens e-facilitation facility for army veterans in Bengal

Kolkata: Major General A.K. Sanyal, General Officer Commanding, Bengal Sub-area, on Friday inaugurated State Bank of India (SBI)'s e-facilitation and…