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"state-bank-of-india"

  • RBI imposes penalties on SBI, 13 banks for violation of rules

    The penalties have been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1), of the Banking Regulation Act, 1949, as applicable.
  • Chinese hackers target SBI users via phishing, free gift scams

    The research wing of New Delhi-based think tank CyberPeace Foundation, along with Autobot Infosec Pvt Ltd, studied two such incidents on the name of SBI.
  • Customers withdrew cash from ATM, Rs 3.4 lakh ‘debited’ from SBI’s account

    The incident came to light when the bank noticed that money was being debited repeatedly from its capital account
  • Bank approaches police after strange ATM withdrawal in Hyderabad

    The incident came to light when the bank noticed that money was being debited repeatedly from its account.
  • SBI to levy charges for withdrawal beyond 4 free transactions

    SBI said it will charge Rs 15 plus GST per cash withdrawal for transaction at bank branches, SBI ATM or from other bank's ATMs beyond 4 free cash withdrawals.
  • Harish Rao accepts green challenge, plants sapling

    Accepting the green challenge by Rajya Sabha member J Santosh Kumar, who launched the popular Green Challenge campaign in the country, the Minister planted the sapling.
  • SBI opens Cyberabad Administrative Office

    Cyberabad module will have four regional business offices with around 180 branches.
  • PSBs to offer loans up to Rs 5 lakh for Covid-19 treatment

    The PSB will be providing loan under the Emergency Credit Line Guarantee Scheme (ECLGS).
  • SBI shares surge post robust Q4 earnings

    On Friday, the bank reported a rise of 80.15 per cent in its net profit for the Q4FY21 on a year-on-year basis to Rs 6,451 crore.
  • How good will be Bad Bank 

    The soaring NPAs, despite several interventions like Dispute Resolution Tribunals, Asset Reconstruction Companies and Insolvency and Bankruptcy Code, now get another pill
  • SBI Q4 profit jumps 80 per cent to Rs 6,451 crore

    During the quarter under review, net interest income rose 19 per cent to Rs 27,067 crore, from Rs 22,767 crore in the same period a year ago.
  • State Bank of India shares jump 5%; m-cap climbs Rs 14,771 cr

    The company's market valuation zoomed Rs 14,771.17 crore to Rs 3,57,966.17 crore on the BSE.
  • SBI to sell three NPA accounts next month for recovery of over Rs 235 cr

    Heavy Metal has outstanding dues of Rs 116.91 crore to the bank, Khare and Tarkunde owes Rs 99.84 crore and Elize International Rs 18.57 crore.
  • SBI Hyderabad Circle donates 15 oxygen concentrators

    These were announced hrough video conferencing (VC) from SBI Local Head Office, Hyderabad. Narayanpet collector  Hari Chandana, Vikarabad collector Pausumi Basu and Jogulamba Gadwal DMHO Chandu Naik
  • SBI, Capgemini donate funds to fight Covid

    SBI dedicated Rs 30 crore to set up 1,000 bed makeshift hospitals, 250 bed ICU facilities and 1,000 bed isolation facilities across some of the worst-hit States
  • SBI cuts home loan interest rate to 6.70%

    Customers also apply for a loan through YONO app and get an additional interest concession of 5 basis points, the release said.
  • A case for perpetual bonds

    Sebi’s move to better regulate market discipline in the issue of AT-1 bonds will lead to informed investment decisions
  • Burglars break into SBI in Karimnagar, decamp with gold, cash

    The burglars used a gas cutter to open the bank locker, and took away the Digital Video Recorder (DVR) to prevent police from going through the CCTV footage, police said
  • Our digital transactions have gone as high as 67 pc now: SBI Chairman

    During the current financial year, around Rs 16,000 crore worth of pre-approved personal loans (PAPL) have been disbursed to 12.82 lakh customers through Yono, Khara said.
  • HDFC Bank’s MSME book grows 30% to cross Rs 2 trillion-mark

    Geographically speaking, the bank is present in 630 districts, of these, 560 districts have MSMEs.
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