Tag: State Bank Of India

SBI recruitment 2018: Vacancies for posts of manager and fire officer, apply now at sbi.co.in

The vacancies are for the posts of Deputy Manager and Fire Officer on the official website-  https://www.sbi.co.in/careers. Candidates should note that the last date to apply is September 24, 2018.

September 9, 2018

SBI Clerk Main Results 2018 to be declared soon at www.sbi.co.in/careers, bank.sbi/careers | Check direct link

SBI Clerk Main Results 2018 are expected to be declared around 5 pm today on the official website https://www.sbi.co.in/careers, bank.sbi/careers.

September 6, 2018

Equity indices close at record levels; Sensex inches closer to 39,000 points

Both the BSE Sensex and the NSE Nifty50 touched their respective record intra-day highs of 38,938.91 points and 11,760.20 points.

August 28, 2018

SBI PO Main Results 2018 declared at sbi.co.in | Check Probationary Officer results, merit lists here

SBI PO Main Results 2018: The SBI Mains Exam 2018 was conducted on August 4. It should be noted that SBI was supposed to declare the same result on August 20, 2018 but the result date was postponed to August 31, 2018.

August 28, 2018

Banking services hit as employees’ strike continues for 2nd day

Banking services were hit across the country for the second day on Thursday following the strike of 10 lakh bankers who are protesting against a “meagre” 2 per cent salary hike offered by Indian Banks Association (IBA) — the management body. The United Forum of Banking Unions (UFBU), which organised the strike, has claimed that …

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May 31, 2018

Banks go on 2-day strike; ATMs likely to be hit

The strike has been called by the United Forum of Bank Unions (UFBU) to protest against a 'meagre' 2 per cent salary hike proposed by the Indian Banks' Association (IBA).

May 30, 2018

Cash crunch will be resolved by Friday, claims SBI Chairman Rajnish Kumar

SBI Chairman Rajnish Kumar on Thursday said that the problem of cash crunch will be resolved by Friday as currency notes are being sent to states that are facing shortage of notes. “It is not a uniform cash crunch problem. It is there in geographies like Telangana and Bihar. We are hoping that the problem …

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April 19, 2018

Dimension Data enables SBI with 60 ‘digital’ branches

Global ICT solutions and services provider Dimension Data on Tuesday announced that it has enabled the State Bank of India (SBI) with its Next-Gen solution at 60 “digital” branches in the country. Known as “sbiINTOUCH”, these digital branches offer advanced banking services such as instant loan approvals, assistance in choosing investment portfolios and access to …

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April 10, 2018

CBI books private firm for defrauding SBI of Rs 65 crore

The CBI on Tuesday said it has registered a case against a private company and eight others including directors and unknown public servants for cheating the State Bank of India (SBI) to the tune of Rs 65 crore, given out as loans which have since turned bad. On a complaint filed by the SBI, a …

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March 28, 2018

Bank manager held under molest charge

A manager of the State Bank of India, who was earlier posted in the Siliguri branch at Hill Cart Road, has been arrested after a woman accused him of having a relationship with her with false marriage promises. The accused was produced in the Siliguri Additional Chief Judicial Magistrate Court (ACJM) here on Wednesday, and …

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March 22, 2018

HRBC loses interest due to lack of monitoring over investment: CAG

Hooghly River Bridge Commissioners (HRBC), a state government undertaking, failed to avail to an opportunity to earn additional interest of Rs. 79 crore due to lack of monitoring over investment of its surplus funds, according to a report of Comptroller and Auditor General (CAG) of India placed in the Assembly this month. The CAG report …

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March 18, 2018

Need to recognise PSB’s contribution in infra development: SBI Chairman

State Bank of India’s (SBI) Chairman Rajnish Kumar on Friday said that there is a need to “recognise the contribution” of public sector banks’ (PSBs) in India’s infrastructure development. According to SBI Chairman, amongst the major causes for the accumulation of non-performing assets levels in the sector has been due to PSBs’ support for the …

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March 17, 2018

Home, auto loan EMIs to go up as SBI, PNB hike lending rates

Two state-run lenders State Bank of India and Punjab National Bank on Thursday raised their lending rates by up to 20 basis points, a move that will increase the interest rates on existing as well as home, auto loans and personal loans. While the nation’s largest lender SBI raised its one year MCLR (marginal cost …

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March 2, 2018

Consumer Forum rejects complaints against SBI

The District Consumer Redressal Forum here has rejected four complaints against the State Bank of India (SBI) pertaining to the interest rate on personal loans. Forum’s president Sneha Mhatre and member Madhuri Vishwarupe recently held that SBI’s Thane main branch was right in recovering the difference in the interest rate on the personal loan as …

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December 15, 2017

Lack of S&P upgrade will not impact India: SBI

Rating agency Standard & Poor’s (S&P) refusal to upgrade India’s sovereign ratings will have no major impact on the country’s creditworthiness, state-run State Bank of India (SBI) said on Friday. Earlier in the day, the American rating maintained status quo on India’s soveriegn rating at BBB- with a stable outlook, a development that comes a …

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November 25, 2017

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 quarters of dismal and worrying performance. The stock shot up to top of the gainers …

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November 10, 2017

Challenges ahead, be ethical, courteous, new SBI chief tells staffers

Warning of challenges ahead, the State Bank of India’s new Chairman Rajnish Kumar asked all the 268,705 employees of the country’s largest bank “to maintain the highest standards of ethics and provide courteous services to customers”. In a two-and-a-half page long letter to each employee this week, he has said that in its 211-year old …

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October 10, 2017