State Bank of India (SBI): News
Recruitment: SBI, Air Force, Railways, ISRO, IOCL seek qualified candidates
A number of government agencies and institutes have issued notification for more than 1,000 vacancies overall in various fields.
Salaries to be delayed as 10L bank-employees strike on pay-day
Banking services will be hit hard today and tomorrow as over 10L employees of state-run banks go on a 48-hour strike.
Vivo X21 with under-display fingerprint sensor launched for Rs. 35,990
The Vivo X21 smartphone has been launched in India at Rs. 35,990.
#BusinessBytes: All about the top 7 debit cards in India
Debit cards are payment cards linked to one's savings account. Customers can conveniently withdraw money at ATMs, deposit cash, shop offline/online, etc.
#CareerBytes: Going to US for higher-studies? Here're best education-loan options
Many Indian students aspire to pursue higher studies, especially MS (Master of Science), in the US as it's home to many top universities.
Realme 1 goes on sale at 12pm today via Amazon
OPPO's new sub-brand Realme launched its first smartphone Realme 1 in India last week.
SBI Q4 net loss touches Rs. 7718cr on higher NPAs
The country's largest lender State Bank of India today posted a standalone net loss of Rs 7,718.17 crore for the March quarter due to higher non-performing assets (NPAs).
#FinancialBytes: What are virtual credit-cards and how to get one?
Today, most of us prefer online shopping as there are a lot of products available at the click-of-a-button.
OnePlus 6's launch offers revealed ahead of formal unveiling
The much-awaited OnePlus 6 smartphone will launch in India on May 17 (3pm IST) at an event in Mumbai.
OPPO's Realme 1 smartphone launched for Rs. 8,990
OPPO owned Realme brand has launched its first smartphone Realme 1 in India.
Sensex surges over 146 points in opening trade
Market benchmark Sensex surged over 146 points in opening trade today on fresh buying by domestic institutional investors amid a strengthening rupee.
Registration for JEE Advanced begins: All details here
The application process for the JEE Advanced has started today. All those who cleared the Main are eligible for this next stage.
Investment-options for elderly: PMVVY limit doubled to Rs. 15L
In a significant step to provide the elderly a stable income, the government has doubled the investment limit under the Pradhan Mantri Vaya Vandan Yojana (PMVVY) to Rs. 15L from the current Rs. 7.5L.
Over 23,000 bank-fraud cases involving Rs. 1-lakh-crore in 5 years
Over 23,000 cases of fraud involving a whopping Rs. 1-lakh-crore have been reported in the past five years in various banks, according to the Reserve Bank of India (RBI).
After SBI, HDFC hikes term deposit interest rates
In a bid to increase its deposits, HDFC Bank has now hiked interest rates on term deposits by up to 100 basis points (one percentage point).
Electoral bonds: Third tranche of sale starts from May 1
The finance ministry on Tuesday said the third tranche of electoral bonds sale will take place from May 1-10.
You might soon be charged for ATM transactions, debit-cards, chequebooks
The tax department has reportedly asked top banks to pay tax on services offered for free to customers who maintain a fixed minimum balance.
#FinancialBytes: Buying a car? Here are 6 best car-loan options
Nowadays, having a car has become a necessity rather than a luxury. However, someone who has just started his professional career may not be able to afford a car.
SBI to save Rs. 30cr through wind/solar power investments annually
On the eve of World Earth Day, State Bank of India said it saved Rs. 125cr in the last eight years by installing 10 windmills, and expects to save Rs. 30cr annually through its renewable energy investments.
SBI is recruiting over 2,000 probationary officers. All details here
State Bank of India (SBI) is looking to hire 2,118 bank probationary officers (POs) across its various branches.
Cash crunch will be resolved by tomorrow, says SBI chairman
A severe cash crunch still persists across various cities and states, but SBI Chairman Rajnish Kumar has assured the problem will be resolved by tomorrow.
Cash situation at ATMs improving, availability increased: SBI
The State Bank of India (SBI), the country's largest lender said today that cash availability at its ATMs has increased in the past 24 hours following reports of currency shortages and ATMs running dry from different parts of the country.
Samsung most trusted brand in India for second consecutive year
According to the Brand Trust Report 2018 by TRA Research, Samsung is the most trusted brand in India followed by rivals Sony and LG, respectively.
#FinancialBytes: Planning to buy house? Here are 6 home-loan options
All major banks and house financing companies offer home loans that provide funding for buying or constructing houses and residential properties.
ICICI loans to Videocon: RBI finds no 'quid pro quo'
The Reserve Bank of India had two years back conducted a detailed scrutiny to probe allegations of impropriety in ICICI Bank extending loans to Videocon Group but found no proof of any "quid pro quo" or reciprocal benefits, according to RBI documents.
#BusinessBytes: 6 popular savings-bank accounts and facilities they provide
Savings accounts, the basic investment option, allow customers to save their money safely, use it anytime, and also earn interest on it.
7 best credit-cards in India and the offers they have
People use credit cards for shopping, making online payments, travel purchases, availing discounts. The added benefits are the rewards and cashbacks they can avail.
Redmi 5 goes on permanent open sale on Amazon, Mi.com
The recently launched Xiaomi Redmi 5 has gone on a permanent open sale on both Amazon.in and Mi.com.
Sensex begins FY19 on firm note, rises over 100 points
Domestic equities opened on a firm note on the first trading day of the new financial year 2018-19 today, with Sensex reclaiming the 33,000-mark by rising over 100 points amid positive global cues.
Fugitive Vijay Mallya to marry this former Kingfisher air-hostess
Debt-ridden businessman and liquor baron Vijay Mallya, who owes over Rs. 9,800cr to Indian banks and faces legal trouble over unpaid dues and money-laundering, is reportedly going to marry for the third time.
Mumbai to host cricket tournament for the physically challenged
India's top physically challenged cricketers will be seen in action in the 8th All-India LIC "Divyang" Inter-Zonal Cricket Championship to be held in Mumbai from March 30 to April 1.
Hyderabad firm under scanner, bank-fraud worth Rs.23,500cr uncovered in 2018
Yet another bank fraud has emerged, the third case to be reported in five days. The CBI has now registered a case against Hyderabad-based Totem Infrastructure Ltd for duping lenders of Rs. 1,394.43cr.
Chennai firm under-scrutiny for duping 14 banks of Rs. 1,000cr
Bank frauds worth crores of rupees are now emerging every other day. Two days after a Rs. 4,000cr-fraud was reported in Mumbai, a Chennai firm is now under the scanner for looting 14 banks of more than Rs. 1,000cr.
RBI: Rs. 11,302 crore lying unclaimed with 64 banks
Data from the Reserve Bank of India (RBI) has revealed that a whopping Rs. 11,302 crore belonging to over three crore account holders is lying unclaimed with 64 banks - both public and private.
Indian banks lose Rs. 1.6crore every hour to cheating, forgery
Indian banks reportedly lose Rs 1.6 crore every hour to cheating and forgery, rather surprisingly.
Flipkart's smartphone sale: All you need to know
Flipkart has launched its Mobiles Bonanza sale under which the e-commerce giant is offering flat discounts on phones across price brackets.
4.2mn SBI accounts closed for not keeping minimum balance: RTI
The SBI has closed 41.16 lakh savings bank accounts between April 2017 and January 2018 for not maintaining the minimum monthly balance, revealed an RTI query.
SBI slashes minimum balance non-maintenance fines by up to 75%
Bringing major relief to customers, the SBI, India's largest public lender, has slashed penalties for non-maintenance of Average Monthly Balance (AMB) in savings accounts by as much as 75%.
SBI reduces charges on non-maintenance of minimum balance
The State Bank of India on Tuesday reduced its charges on non-maintenance of an average monthly balance (AMB) in a savings account by up to 75%, effective 1 April.
Sensex cautious on weak global cues; TCS cracks 5%
Despite positive macroeconomic data and the appreciating rupee, the BSE Sensex turned choppy on tepid cues from overseas market.