Under the scheme, a subscriber would receive a minimum guaranteed pension of Rs 1000 to Rs 5000 per month from the age of 60 years, depending upon his contribution.
April 22, 2022The Net Interest Income for Q3 of FY21 increased by 3.75 per cent YoY to Rs 28,820 crore from Rs 27,779 crore reported for Q3 of FY20.
February 4, 2021Under call option, the bond issuer can call back the bonds before the maturity date by paying back the principal amount to investors.
November 25, 2020Earlier Khara was also the MD and CEO of SBI Funds Management Pvt Ltd (SBIMF).
October 7, 2020Earlier in June, a police constable in Surat, Gujarat allegedly manhandled a female employee of Canara Bank.
September 4, 2020Basu said the banking system has understood the need to be prudential and the necessity to have risk-mitigation measures in place.
September 2, 2020So far, around 1,000 listed entities have announced their results for the first quarter.
August 17, 2020The amount spent on its expenditure was provided under initiative called ‘Streedhan’, wherein the contributions were made by spouses of SBI staff/ladies of SBI family to SBI Foundation.
August 4, 2020In June 2020, SBI sold 2.1 per cent equity stake in SBI Life Insurance Company via offer for sale route and raised Rs 1,539.73 crore.
July 31, 2020SBI is 57.9 per cent state-owned and has a much broader policy role than peers.
June 22, 2020The Centre and States should, however, work in tandem to achieve these objectives within the mandate of overall labour welfare, the report stressed.
May 15, 2020Vijay Mallya said he had offered to pay 100 per cent of the amount borrowed by Kingfisher Airlines to the banks but neither banks were willing to take the money nor the Enforcement Directorate was willing to release his attached assets at the behest of the banks.
May 14, 2020The bank is reaching out to customers who are having an impaired cash-flow so that they can be helped further.
May 2, 2020IDFC First Bank is the latest to enter the SBI-led rescue team with an investment of Rs 250 crore.
March 15, 2020He also noted that ratio of deposit to M-CAP (market capitalisaion) is not the correct instrument for assessing the safety of banks and instead Capital to Risk (Weighted) Assets Ratio (CRAR) should be gauged.
March 8, 2020This is the seventh consecutive cut in borrowing rates by the bank in FY 2019-20.
November 8, 2019Statistics in public domain suggest that non-metros are driving 60 per cent of the increased festival shopping, which explains the aggressive spends on digital media platforms.
September 26, 2019