Tag: SBI

Now SBI chases Mehul Choksi for Rs 405 crore loan default

Mumbai: In a new development, the State Bank of India (SBI) on Wednesday moved to recover loan outstandings of Rs…

SBI says aberrations in NSSO rural data collection methodology

Mumbai: State Bank of India (SBI), in its latest report, says that there are aberrations in NSSO new rural data…

SBI raises US $1.25 billion funds through bonds from overseas market

Ahmedabad: SBI Chairman Rajnish Kumar on Saturday said that India's largest public sector lender has raised the US $ 1.25…

SBI extends facility to Haj Pilgrims for making payments

Hyderabad: The State Bank of India (SBI) had extended the facility to deposit the required amount of the Haj Expenses…

Lenders considering restructuring plan for Jet Airways: SBI

New Delhi: The State Bank of India (SBI) on Thursday said that lenders to the financially stressed Jet Airways are…

SBI Life Insurance signs ‘bancassurance’ pact with Allahabad Bank

Kolkata: Leading private insurer SBI Life Insurance on Monday said it has signed a 'bancassurance' pact, with state-run Allahabad Bank…

SBI to block Magstripe Debit Card: Hurry up! Get EMV Chip Card – Here’re the details

New Delhi: State Bank of India (SBI) to block the old Magstripe Debit Card after a particular period of time.…

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…