Mumbai: India’s largest state-owned bank, State Bank of India (SBI) reported a marginal fall in net profit of 6.70 per cent year-on-year to Rs 6,068 crore on back of fall in operating profit. On sequential basis, the net profit fell 33.42 per cent. In the similar period last year, the bank had reported a net profit […]
Hyderabad: State Bank of India (SBI) Managing Director Swaminathan Janakiraman visited Hyderabad Circle to participate in CSR initiatives. The SBI presented a 7- seater Maruti EECO van to CR Foundation, Kondapur. He emphasised the Bank’s CSR philosophy of positively impacting weaker sections. He also took part in the plantation drive. SBI planned to plant 75,000 […]
Hyderabad: The State Bank of India has frozen several accounts due to non-compliance with KYC (Know Your Customer) regulations. Several twitter users took to twitter to complain about the same by tagging the bank’s official ID. An SBI customer Gaurav Agarwal, tagged the official handle of the bank and said that his account services have […]
Hyderabad: The Special Judge for CBI cases, Hyderabad sentenced a former assistant general manager of State Bank of India and his wife to a jail term and imposed a fine on them for cheating a company and misappropriating funds in 2012. According to a CBI release, GVJ Mohan Kumar, the then Assistant General Manager, State […]
Hyderabad: It’s a running joke in India about how difficult it is to work at State Bank of India (SBI) branches during lunchtime. It turns out that the same phenomenon occurs abroad as well, as a man finds the bank closed during its lunch hour in London. A twitter user Abhay who is studying at […]
Hyderabad: A teenager played online games using his mother and grandfather’s money without their knowledge and lost Rs. 36 lakhs over a period of time. The teenager, a resident of Amberpet in the city, had downloaded a free fire gaming app on his grandfather’s mobile phone a few months ago. As he had access to […]
Hyderabad: The Punjagutta police have booked a case against Sivanta Pharma Company and its partners T Ashish Goud and Thouti Sumanth on charges of cheating the State Bank of India of Rs.2.5 crore. Ashish Goud is the son of Bharatiya Janata Party leader Nandeshwar Goud. According to the police, the bank manager in his complaint […]
Hyderabad: The real estate in Hyderabad and its surroundings is flourishing with every passing day, said bankers at the SBI Mega Property Show organised by the State Bank of India. The two-day show that commenced on Saturday brought together a host of prominent builders, home buyers and bankers on one platform, and was inaugurated by […]
Mahabubnagar: With just a month left for closure of current financial year, District Collector S Venkat Rao wanted the bank managements to achieve the targets set for extension of loans to farmers. The Collector held a conference with bankers, MPDOs and Tahsildars on Friday to review the loans sanctioned to farmers during the current financial […]
Hyderabad: The State Bank of India (SBI) is inviting applications for 48 Specialist Cadre Officer (SCO) vacancies. The application process began on February 5 and the last date is February 25. The interested and eligible candidates can apply for the same on the official website of SBI. For the post of Assistant Manager (Network Security […]