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"state-bank-of-india"

  • 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.
  • Banking services to hit as employees go on 2-day strike 

    About 10 lakh bank employees and officers are to participate in the strike called by the United Forum of Bank Unions, an umbrella body of nine associations and groups.
  • CBI books Hyderabad firm for cheating bank

    The alleged fraud came to light during a forensic auditing.
  • Hyderabad: SBI celebrates Women’s Day

    Clothes and blankets were distributed to destitute women and those living in an Old-age Home at Rampally in Nacharam
  • SBI led webinar on Indian budget evokes favourable response in Israel

    The presentation evoked positive response from Israeli participants who sounded upbeat on furthering Indo-Israel bilateral trade ties.
  • Hackers hit State Bank of India users with text phishing scam

    The link associated with the text messages redirects the user to a fake website and on the landing page, the user is asked to submit personal information along with sensitive financial details like card number
  • SBI reduces home loan rates to 6.7 per cent

    The new rates are based on loan amount and CIBIL score of the borrower, and are available till March 31, 2021, according to a statement.
  • Adilabad ATM lift case remains unsolved

    Adilabad: Even as investigating officials claimed to have found ‘strong’ evidence, the sensational case of theft of an ATM of State Bank of India (SBI) with cash of Rs 7.46 lakh remains unsolved, even after a fortnight. The theft of the ATM took place at a spot situated at a stone’s throw away distance from […]
  • Hyderabad: SBI donates transport vehicles to NGOs

    Saloni Narayan, SBI Deputy Managing Director (Retail Business), said the bank was continuously striving to make a meaningful impact on the lives of individuals who are economically, physically and socially challenged
  • Gearing up to initiate co-lending model for home loans: SBI

    The lender also said it has waived the processing fee till March for borrowers availing home loans for the bank's approved projects
  • Economic recovery not enough to boost credit: Moody’s

    With high credit costs continuing to suppress their profitability, the banks' capital buffers will remain insufficient.
  • State Bank of India Q3 standalone net falls 7 pc to Rs 5,196 cr

    Total income (standalone) also fell marginally to Rs 75,980.65 crore during Q3FY21, as against Rs 76,797.91 crore in the same period of 2019-20, SBI said in a regulatory filing.
  • SBI raises $600mn via ‘Regulation S’ bonds

    "The bonds will be listed on SGX-ST and India INX. The issuance represented SBI's return to the international public bond markets after a gap of close to 2 years," the statement said.
  • Sensex pares major gains after hitting record high

    Sensex opened at an all-time high of 48,616.66, and the Nifty50 on the National Stock Exchange touched a new record of 14,244.15 points.
  • Banks will focus on cash flow-based lending in future: Ajay Vyas

    "Banks will focus on cash flow based lending in times to come and this has already been started by SBI," Ajay Vyas, Executive Director, UCO Bank said
  • Public sector banks to raise Rs 25,000 crore in next 3 months

    "Banks have been able to raise a lot of money from the markets. About Rs 40,000 crores have been raised by the public sector banks both in the form equity and also AT1 and Tier II bonds.
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