SBI

103 Results

  • SBI leads rally on Dalal Street

    SBI leads rally on Dalal Street

    Sharp decline in slippages, jump in Net Interest Income (NII) in July-September quarter sent State Bank of India's stock soaring on the Dalal Street on Friday. Analysts termed Q2 earnings of the country's biggest bank as "refreshing" turnaround after several......

    November 10, 2017
  • Microsoft Office 365, Kaizala app helping Indian firms go digital: Satya Nadella

    Microsoft Office 365, Kaizala app helping Indian firms go digital: Satya Nadella

    Faster adoption of Microsoft Office 365 and made for India 'Kaizala' app are helping several Indian enterprises — from banking to healthcare — unlock their true potential and transform digitally, India-born Microsoft CEO Satya Nadella said here on Tuesday. Addressing......

    November 7, 2017
  • SBI reduces lending rates on home and vehicle loans

    SBI reduces lending rates on home and vehicle loans

    India's largest lender State Bank of India (SBI) on Thursday announced reduction of interest rates on home and automobile loans by five basis points (bps). In a statement issued here the bank said, it has reduced home loan interest rates......

    November 2, 2017
  • SBI reduces lending rates on home and vehicle loans

    SBI reduces lending rates on home and vehicle loans

    India's largest lender State Bank of India (SBI) on Thursday announced reduction of interest rates on home and automobile loans by five basis points (bps). In a statement issued here the bank said, it has reduced home loan interest rates......

    November 2, 2017
  • SBI cuts key lending rate by 0.05% across maturities

    SBI cuts key lending rate by 0.05% across maturities

    State Bank of India (SBI) has cut is benchmark lending rate by 0.05 per cent across maturities, effective from Wednesday, according to an announcement by the state-run lender. The reduction in marginal cost of funds based lending rate (MCLR) by......

    November 1, 2017
  • SBI report forecasts economic growth recovery

    SBI report forecasts economic growth recovery

    Amid concerns over the decline in economic growth rate in the first quarter of the current fiscal to 5.7 per cent, State Bank of India (SBI) in its economic report on Monday said it expects the economic growth to significantly recover in......

    October 30, 2017
  • SBI General net zooms to Rs 251 cr on one-time income in Q2

    SBI General net zooms to Rs 251 cr on one-time income in Q2

    A one-time income of Rs 170 crore from its reinsurance portfolio pushed up the net profit of SBI General Insurance to a massive Rs 251 crore in the September quarter, from Rs 5.5 crore in the year-ago period. The company's......

    October 29, 2017
  • Reliance-SBI digital payments bank launch date seeks regulatory requirements

    Reliance-SBI digital payments bank launch date seeks regulatory requirements

    "We have not really yet finalised (the launch date). It is not question of time, there are regulatory requirements, we will have to complete that. When that is over, we will start."

    October 10, 2017
  • Rajnish Kumar named new SBI Chairman

    Rajnish Kumar named new SBI Chairman

     A post-graduate in Physics-turned professional banker, Rajnish Kumar was on Wednesday named the new Chairman of the State Bank of India (SBI). Kumar, currently one of the Managing Directors in the National Banking Group of the SBI, will succeed Arundhati......

    October 4, 2017
  • SBI reduces penalty for non-maintenance of minimum balance

    SBI reduces penalty for non-maintenance of minimum balance

    The State Bank of India (SBI) on Monday lowered the penalty on savings accounts for non-maintenance of minimum balance while exempting the accounts of minors and pensioners. The largest public sector bank had levied penalty for not maintaining minimum balance......

    September 25, 2017
  • SBI opens new branch in Singapore

    SBI opens new branch in Singapore

    The State Bank of India (SBI) today opened its sixth branch in Singapore, extending its services in the country's heartland. The new branch has come up in Ang Mo Kio area, which is popular for its housing estates. The SBI......

    September 25, 2017
  • 'Banking sector's credit demand to get boost from government projects'

    'Banking sector's credit demand to get boost from government projects'

    The banking industry is poised for a recovery in the credit demand as it stands to gain from the slew of projects like the bullet train announced by the government, State Bank of India chairperson Arundhati Bhattacharya said here on......

    September 24, 2017
  • SBI reviewing minimum balance charges for savings accounts

    SBI reviewing minimum balance charges for savings accounts

    State Bank of India (SBI) said it is reviewing charges for certain categories of accounts for non-maintenance of monthly average balance (MAB) after receiving feedback from customers. In April this year, the country's largest lender reintroduced charges on non-maintenance of......

    September 17, 2017