State Bank of India hikes interest rates on loans across most maturities
Mar 01, 2018, at 10:03 pm
Mumbai, Mar 1 (IBNS): The country's largest lender, the State Bank of India, on Thursday, raised its marginal cost-based lending rates (MCLR) across most maturities, with immediate effect, according to media reports.
icanstay.com partners with SBI credit cards, offers discounts on hotel bookings
Jan 19, 2018, at 06:28 pm
New Delhi, Jan 18 (IBNS): icanstay.com, India’s leading aggregator, has partnered with SBI credit cards to offer discounts for all its credit card holders.
SBI ties up with Transfast Remittance LLC for remittance
Jan 18, 2018, at 01:00 am
Mumbai, Jan 15 (IBNS): State Bank of India (SBI) – the largest commercial bank in India – announced tie-up with Transfast Remittance LLC - the USA based payment network since 25 years with a network that covers over 6 billion people across 120+ countries – for inward remittance from the USA to India.
Jan 02, 2018, at 10:47 pm
New Delhi, Jan 2 (IBNS): NABARD and SBI jointly signed a Memorandum of Understanding (MoU) on Jan 2, 2018 with five selected NGOs of the State for promotion of 2500 Join Liability Groups in Purulia, Paschim Medinipur, Purba Medinipur, Burdwan and North 24 Parganas districts of West Bengal.
Oct 10, 2017, at 11:34 pm
Mumbai, Oct 10 (IBNS): Bank of Baroda, one of the largest Public Sector Banks, entered into tie-up arrangement with SBI Mutual Fund for Sales & Distribution of Mutual Fund Products.
SBI decreases penalty for non-maintenance of minimum balance
Sep 26, 2017, at 01:16 am
Mumbai, Sept 25 (IBNS): The State Bank of India (SBI) on Wednesday said it has reviewed the requirement of maintaining Monthly Average Balance (MAB) and the charges for non-maintenance of MAB.
SBI launches State Bank Institute of Management (SBIM) in Kolkata
Sep 24, 2017, at 01:36 am
Kolkata, Sept 23 (IBNS): State Bank of India (SBI), country’s largest commercial bank, on Saturday launched State Bank Institute Management (SBIM) in Kolkata, at the hands of Chairman -Arundhati Bhattacharya.
SBI announces festive bonanza for retail customer
Aug 21, 2017, at 10:44 pm
Mumbai, Aug 21 (IBNS): State Bank of India (SBI), country’s largest commercial bank announces waiver of upto 100 percent processing fee on car loans, personal gold loans and personal loans. This is in addition to the existing waiver on processing fee on takeover of home loans.
‘SBI Realty’ unveiled to assist home buyers
Jul 18, 2017, at 08:17 pm
New Delhi, July 18 (IBNS): State Bank of India, an Indian commercial bank, has taken another step towards customers’ convenience by launching ‘SBI Realty’ – a one stop integrated website www.sbirealty.in for Home buyers.
SBI reduces home loan rate by 25 bps
May 08, 2017, at 10:41 pm
Mumbai, May 8 (IBNS): State Bank of India (SBI) - the largest Home Loan provider in India has taken a giant leap to give a philippe to the affordable housing segment keeping the Prime Ministers vision of providing “Housing for All†by 2022.
Bharatiya Mahila Bank to merge with State Bank of India
Mar 21, 2017, at 01:02 am
New Delhi, Mar 20 |(IBNS): The Government of India has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) to ensure greater banking services outreach to a larger number of women, at a faster pace,officials said.
Cabinet approves SBI acquisition of subsidiary banks, share prices go uo intraday
Feb 16, 2017, at 08:25 pm
Mumbai/New Delhi, Feb 16 (IBNS): Share prices of the State Bank of India (SBI) and its associate banks climbed up intraday on Thursday following the cabinet approval for the merger of the associate banks with the SBI, media reported.
Cabinet approves acquisition of subsidiary banks of State Bank of India
Feb 16, 2017, at 03:03 am
New Delhi, Feb 15 (IBNS): The Union Cabinet, chaired by the Prime Minister Narendra Modi has approved the acquisition by the State Bank of India of its subsidiary banks namely State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore.
Mahindra Lifespaces and State Bank of India sign MoU
Feb 08, 2017, at 10:04 pm
Mumbai,Feb 8 (IBNS) Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, on Wednesday announced a partnership with State Bank of India (SBI) for the establishment of a market-focused platform that will provide information and bespoke home buying solutions for customers across India.
Tribunal allows SBI-led consortium's plea to recover dues from Mallya
Jan 19, 2017, at 07:45 pm
Bengaluru, Jan 19 (IBNS): The State Bank of India-led consortium can now move to recover their dues from former liquor baron Vijay Mallya after the Debt Recovery Tribunal (DRT) allowed their original application to recover unpaid dues of over Rs 9,000 crore, according to media reports.
SBI chairman dismisses Manmohan Singh's allegation, says demonetisation won't affect economic growth
Jan 13, 2017, at 03:43 am
Guwahati, Jan 12 (IBNS): The Chairman of State Bank of India (SBI) Arundhati Bhattacharya on Thursday denied the allegation of former Prime Minister Manmohan Singh on demonetization.
SBI partners with AISECT to roll out Electronic Toll Collection Project across country
Dec 30, 2016, at 12:44 am
Bhopal, Dec 29 (IBNS): The State Bank of India (SBI) has partnered with Bhopal-based organization AISECT for the roll-out of its Electronic Toll Collection (ETC) Project across the country.
SBI, Assam govt launched state level Digital Banking awareness programme in Gauhati University
Dec 06, 2016, at 12:48 am
Guwahati, Dec 5 (IBNS) : To make a cashless society following the demonetisation, SBI NE circle, in collaboration with the Assam government, has launched a State Level Digital Banking Awareness Programme on Monday at Gauhati University Phanidhar Dutta Auditorium.
SBI launches ATM Card Switch ON / OFF feature
Dec 02, 2016, at 11:30 pm
Mumbai, Dec 2 (IBNS): State Bank of India has introduced a new feature ‘ATM Card Switch ON / OFF’ in its Missed Call & SMS Banking application ‘SBI QUICK’-, this features enables the customers to control their ATM card utility from the comfort of their home.
Re-calibration of ATMs will be completed within 2 weeks: Arun Jaitley
Nov 12, 2016, at 09:52 pm
New Delhi, Nov 12 (IBNS): Union Finance Minister Arun Jaitley on Saturday said re-calibration of ATMs will be completed in 2 weeks time.
Finance Ministry is continuously monitoring currency exchange: Jaitley
Nov 12, 2016, at 09:16 pm
New Delhi, Nov 12 (IBNS): Union Finance Minister Arun Jaitley on Saturday said the Finance Ministry is continuously monitoring the currency exchange happening across the country.
SBI extends chairperson Arundhati Bhattacharya's term by one year
Oct 02, 2016, at 01:23 am
Mumbai, Oct 1 (IBNS): State Bank of India has extended its chairperson Arundhati Bhattacharya's term by one year, media reports said.
EuroKids partners with SBI to offer collateral free loans to new and existing franchise partners
Sep 07, 2016, at 12:39 am
Mumbai, Sept 6 (IBNS): In an initiative that will ease the entrepreneurial journey in franchise business, EuroKids International, India's NextGen Pre-schools, announced its collaboration with the State Bank of India (SBI) to offer collateral free loans to prospective and existing Pre-School partners.
SBI reports sharp decline in Q4 standalone profit
May 27, 2016, at 11:45 pm
Kolkata, May 27 (IBNS) State Bank of India, the country's largest lender, reported a sharp decline in fourth quarter standalone profit largely due to more than two-fold increase in provisions and slow growth in net interest income, according to media reports.
SBI ties up with Snapdeal for Seller Financing
May 21, 2015, at 11:44 pm
Kolkata, May 21 (IBNS) India's biggest lender State Bank of India (SBI), which is a pioneer & market leader in financing MSMEs in India, took one more strategic step towards structured financing to MSMEs as it entered into a preferred partnership agreement with e-commerce giant Snapdeal on Thursday for financing their sellers under Snapdeal- Capital Assist program.