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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: 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 […]

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

The lender also said it has waived the processing fee till March for borrowers availing home loans for the bank's approved projects

With high credit costs continuing to suppress their profitability, the banks' capital buffers will remain insufficient.

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.

"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 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 times to come and this has already been started by SBI," Ajay Vyas, Executive Director, UCO Bank said

"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.

The burglars gained entry into the bank by breaking locks and tried to break the cash chest locker.

The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million users) with support from banking partners - State Bank of India, HDFC, ICICI and Axis Bank.

After two years of waiting, Facebook-owned WhatsApp payment service received approval from the National Payments Corporation of India (NPCI) in November to go live on Unified Payment Interface (UPI) with over 160 supported banks.

Hyderabad: State Bank of India, Amaravati circle, donated ten desktop computers to Chaithanya Mahila Mandali, Hyderabad on Friday. In present circumstances, computers are an important aid to education, considering schools being closed due to the lockdown and traditional learning giving way online learning. Children in the orphanage will make full use of the computers to […]

On the occasion of Armed Forces Flag Day on December 7, the bank will sign an MoU with Kendriya Sainik Board (KSB) stating utilisation of funds toward educating the girl children of war veterans

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan.

CBI FIR said the company and represented by its had availed cash credit limit of Rs 4.50 cr under the drop line OD scheme from the bank for installing 5MV solar plant in the property offered as collateral security of the loan

Hyderabad: State Bank of India, Amaravati Circle, has initiated a programme under the corporate social responsibility and distributed school bag kits to 4,100 students identified from 33 schools across AP. Each student was given a T-shirt with cap, two-layer mask and a school bag consisting of lunch box, crayon box, pencil box and eight notebooks. […]

The SBI business activity index showed continuous improvement and expected Q3 numbers to be even better.

K Nityanand, who was instrumental in making SBI as a sports oriented bank in 80s and 90s, said some of the best sports persons in major disciplines from the city were recruited in the bank