State Bank of India (SBI): News
Jio Payments Bank receives RBI nod
Jio Payments Bank (JPB), a joint venture between State Bank of India and Reliance Industries Limited, has received the crucial go-ahead from the RBI.
Thane girl at Donald Trump's inauguration
Oishika Neogi, a resident of Thane will be attending Donald Trump's inauguration ceremony.
45 people become lakhpatis under NPCI schemes
The Centre revealed that its incentives of announcing lucky draws to encourage electronic payments had already made 45 people 'lakhpatis'.
PM Modi's clandestine demonetization operation
While the demonetization move takes its toll in the nation, reports stated that the Prime Minister's closely guarded secret was entrusted to a trusted official in the finance ministry, Hasmukh Adhia.
What did Mumbaikars do on 29th Nov?
BJP won big in the municipal council polls, winning 51 out of 147 municipal councils.
RBI raises cash reserve ratio to 100%
India's central bank, the Reserve Bank of India, directed the country's banks to maintain a cash reserve ratio of 100% to help absorb the excess deposits being collected in banks.
Karnataka High Court directs closure of Kingfisher Airlines
After mounting debts and losses, India's Kingfisher Airlines was asked to wind up in an order issued by the Karnataka High Court.
SBI 'writes-off' loans of 63 defaulters
State Bank of India (SBI), India's largest public sector bank has 'written-off' more than Rs. 7,000 crore owed by 63 defaulters.
SBI: Vindhyavasini Group's default payments cross Rs.1,000 crore
India's largest public-sector bank, SBI, revealed that Mumbai-based Vindhyavasini Group has defaulted in payments of over Rs.1,000 crore to the bank.
Nearly $100 billion more required for Modi's clean energy drive
Prime Minister Narendra Modi's ambitious clean energy drive requires another $100 billion more to help finance the targets, according to reports.
SBI slashes home loan rates: Cheapest in the market
Bringing much cheer to India's home loan borrowers, the State Bank of India (SBI) slashed their interest rates by 0.15 percent, reports said.
Two large Mumbai-based state-run banks may merge
Two large Indian state-run banks may be merged in the next fiscal year, said Banks Board Bureau Chairman Vinod Rai ahead of the launch of a new process to resolve stressed assets.
Number of credit cards in India to touch 30 million
With credit-card numbers increasing every year, bankers said that this year, the number of credit cards issued is set to cross the 28 million mark it touched in March 2008.
RBI's approval to restructure food credit given to Punjab
The Reserve Bank of India (RBI) has approved the proposal to restructure food credit of Rs.30,000 crore allocated to Punjab.
PSU Banks: Bad times over yet?
Moody's, one of the top ratings agencies, said that the outlook for Indian banks project that it is set to improve and stabilize over the coming years.
HDFC Bank tops the Top 50 valuable Indian brands chart
India's top bank HDFC Bank has topped the Top 50 most valuable Indian brands chart this year.
Sensex rallies, Nifty peaks to 8850
India's benchmark indices, the BSE Sensex and the NSE Nifty rose over a percent today.
SBI, IDFC Bank, Paytm, others set to issue e-toll tags
India's top banks such as the State Bank of India, Punjab National Bank, IDFC Bank and online wallet Paytm, are set to issue electronic tags for vehicles.
CEO salaries: Exponential rise
An analysis of the salaries of the CEOs of the top twenty listed companies in India for 2015-2016 shows a massive increase in compensation compared to the past few years.
SBI plans to shut and relocate 30% of its branches
The biggest bank of the country, State Bank of India (SBI), is considering a proposal to either relocate or shut down 30% of its 24,000 branches.