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"state-bank-of-india"

  • 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.
  • Five held for attempt to loot bank in Karimnagar

    The burglars gained entry into the bank by breaking locks and tried to break the cash chest locker.
  • WhatsApp to help users buy ‘sachet-sized’ health insurance

    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.
  • WhatsApp Pay now live with 4 top banks in India

    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.
  • SBI donates computers to orphanage

    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 […]
  • Hyderabad: SBI’s gesture for depedent girl children of war veterans

    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
  • SBI along with NPCI, Japan’s JCB launch contactless debit card

    JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan.
  • CBI books Hyderabad-based firm for bank fraud

    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
  • SBI distributes school bags across AP

    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. […]
  • SBI revises Q2 GDP estimates to -10.7 per cent from -12.5 per cent earlier

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