State Bank of India (SBI): News | Page 4

Your SBI ATM card might stop working after December 31

If you're an SBI ATM card holder, chances are that your ATM card might stop functioning December 31 onwards, if you don't take the requisite action.

13 Aug 2018


SBI bags the title of 'India's most patriotic brand': Survey

India's largest lender State Bank of India (SBI) is considered to be the country's most patriotic brand, according to a survey.

12 Aug 2018


#PolicyExplainer: Get upto Rs. 60,000/year post-retirement with Atal Pension Yojana

India is a "young" country with youth accounting for over 50% of the population. But once this young population starts aging, India may face a critical challenge because of an "unpensioned society" as over 90% of Indians aren't covered under any pension scheme.

09 Aug 2018

Madhya Pradesh

This traveling computer-classroom will reach 65,000 children in MP villages

In a step that would benefit over 65,000 children residing in Madhya Pradesh villages, a bus equipped with 20 computer systems and internet was flagged off on Saturday.

08 Aug 2018


OnePlus 6 Independence Day offers announced in India: Details here

If you are contemplating to buy OnePlus 6 - India's best-selling premium smartphone - these offers might just be for you.

08 Aug 2018


Here's how Indian Railways is promoting digital transactions

Recently Rajen Gohain, the Minister of State for Railways, declared that the percentage of train tickets booked digitally is on the rise, having risen to 66% of total reserved tickets in 2017-18, from 60% in 2016-17.

05 Aug 2018


24 banks collect Rs. 5,000cr as minimum balance non-maintenance penalties

Twenty-four banks have collected a whopping Rs. 4,988cr in 2017-18 as penalties for non-maintenance of minimum average monthly balance (AMB).

04 Aug 2018


Amazon Freedom Sale begins August 9: All details here

Amazon has announced its three-day 'Amazon Freedom Sale' in India.

03 Aug 2018


Seven arrested from Jharkhand,Punjab for duping over 100 as 'bank-employees'

Seven people were arrested for allegedly duping over 100 people by masquerading as bank employees and collecting their bank details.

01 Aug 2018


Indian Oil tops 7 Indian firms on Fortune 500 list

Seven Indian companies have made it to the latest Fortune 500 list of the world's biggest corporations in terms of revenue, with the state-owned Indian Oil Corp (IOC) continuing to be the highest ranked Indian firm and Reliance Industries (RIL) jumping 53 places.

28 Jul 2018


#FinancialBytes: All about savings account with SBI, HDFC, ICICI, Axis

Gone are the days when opening a new bank account was a hassle - the advent of the internet has made the process easier.

27 Jul 2018

Punjab National Bank

State-run banks mull performance-linked pay for employees at the top

In a rare move, state-run banks State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB) are mulling a performance-linked salary structure for employees at the top.

26 Jul 2018


Sensex hits 37,000 mark for the first time

The BSE Sensex crossed the 37,000-mark for the first time today by jumping 156.42 points, or 0.42%, to 37,014.65 in early trade today, breaching its previous intra-day record of 36,947.18 hit yesterday.

24 Jul 2018


#CareerBytes: Preparing for SBI-PO? These 5 online courses will help

Bank Probationary Officer exam is one of the most competitive exams in India.

22 Jul 2018


#FinancialBytes: 5 credit cards which offer unique benefits

These days it's common for credit cards to offer benefits like monetary rewards on grocery purchases, online shopping, movie ticket booking, etc.

14 Jul 2018


Flipkart Big-Shopping-Days sale takes on Amazon Prime-Day, starts July 16

In a bid to take on Amazon's Prime Day sale, Walmart-owned Flipkart has announced its Big Shopping Days sale.

12 Jul 2018


30 arrested for duping 2,000 SBI customers of Rs. 5cr

Thirty people, mostly women, have been arrested in Delhi for allegedly running a fraud SBI credit card racket and duping around 2,000 customers of Rs. 5cr, Cyberabad Police said yesterday.

10 Jul 2018


Moto E5 Plus and Moto E5 launched in India

As part of the recently announced Moto E5 series, the Lenovo-owned Motorola brand has launched the Moto E5 Plus and Moto E smartphone in India.

10 Jul 2018


#IndiGoSale: Now, fly for just Rs. 1212. Here's how

To celebrate its 12th anniversary, IndiGo has announced its biggest sale ever, one that would let fliers travel for just Rs. 1212.

06 Jul 2018

Vijay Mallya

Banks working with UK to recover Mallya's dues: SBI MD

Indian banks are working very closely with the UK authorities to recover maximum assets owned by Vijay Mallya, after a British court allowed them to search and seize properties of the fugitive liquor baron, SBI MD Arijit Basu said.

02 Jul 2018


Arijit Basu takes over as SBI Managing Director

The State Bank of India (SBI), the country's biggest public lender, has appointed Arijit Basu as its next Managing Director (MD), it said in a statement.

28 Jun 2018


SBI won't share details of political-parties receiving donations through electoral-bonds

The State Bank of India (SBI) has refused to disclose the details of buyers of electoral bonds, political parties which have redeemed the electoral bonds, and the bank's reports sent to the government on their sales.

26 Jun 2018


#FinancialBytes: 5 credit cards which offer unique benefits

These days it's common for credit cards to offer benefits like monetary rewards on grocery purchases, online shopping, movie ticket booking, etc.

22 Jun 2018


ED seeks fugitive-tag for Mallya; moves court to confiscate Rs.12,500cr-assets

Enforcement Directorate (ED) on Friday filed the first case under "Fugitive Economic Offender Ordinance" to declare Vijay Mallya a fugitive offender and to confiscate his assets worth Rs. 12,500cr (including movable and immovable properties).

21 Jun 2018

Delhi Government

Delhi-govt to provide loans to 'safai-karmcharis' to buy sewer-cleaning machines

Now manual scavengers or 'safai karmcharis' will no longer have to dig deep into manholes risking their lives, as the Delhi government has decided to provide them loans to purchase sewer cleaning machines.

19 Jun 2018


Costly meal: 'Rats' shred notes worth Rs.12L in Assam ATM

Tinsukia district in Assam is in the news for bizarre, amusing and alarming reasons: rats apparently tore to shreds currency notes worth Rs. 12L inside an ATM here.

16 Jun 2018

Kotak Mahindra Bank

#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.

16 Jun 2018

Vijay Mallya

Vijay Mallya ordered to pay £200,000 to Indian banks

Embattled liquor baron Vijay Mallya was asked to pay £200,000 (Rs. 1.81 crore) to Indian banks by a United Kingdom court.

Videocon: PM Modi, SC, Brazil responsible for Rs. 39,000cr debt

Videocon Industries Ltd., with its massive Rs 39,000cr debt, is facing bankruptcy proceedings after the National Company Law Tribunal (NCLT) admitted a plea from lenders last week, led by the State Bank of India.

12 Jun 2018


Now, even banks would communicate with you over WhatsApp

If you're already exhausted by a flood of WhatsApp forwards from friends and family, brace yourselves, it's about to get worse.

10 Jun 2018


PSU banks suffer whopping Rs. 87,000cr loss in FY18

Losses of 19 government-run banks crossed a whopping Rs. 87,357cr in FY2017-18, topped by scam-tainted Punjab National Bank which took a hit of nearly Rs. 12,283cr.

Rs. 30,000cr might be recovered from resolution under IBC: SBI

State Bank of India, the country's largest lender, expects to recover around Rs. 30,000cr from the resolution process under the Insolvency and Bankruptcy Code (IBC) during the current fiscal, an official said.

Deadline to file 'advance tax' is June 15: Details here

If you have not yet paid the first instalment of your advance tax, then you should file it no later than June 15 to avoid a penalty.

07 Jun 2018


Sharing ATM PIN with your spouse could cost you heavily

Most of us wouldn't think twice about handing over our ATM-card to our spouse to withdraw money for us.

06 Jun 2018


Know what does hiked RBI Repo Rate mean for you

After the bi-monthly review of its monetary policy, the Reserve Bank of India (RBI) today hiked the Repo Rate by 25 basis point to 6.25%.

04 Jun 2018


Government mulls merging four more state-run banks to reduce losses

The government is mulling a major merger of at least four state-run banks - Bank of Baroda, IDBI Bank Ltd, Central Bank of India and Oriental Bank of Commerce - to give a boost to India's struggling banking sector, HT reports.

02 Jun 2018


Maharashtra Government unveils 'sandbox' to aid start-ups in fintech space

In its efforts to develop India's financial capital into a fintech hub, the Maharashtra Government has announced a "sandbox" to aid start-ups in the fintech space.

02 Jun 2018

Narendra Modi

#ModiInSingapore: PM purchases Madhubani painting using a RuPay card

Prime Minister Narendra Modi today purchased a Madhubani painting using a RuPay card during his visit to the Indian Heritage Center in Singapore.

01 Jun 2018


ED attaches assets of Gujarat firm in Rs. 5,000cr bank-fraud

The Enforcement Directorate has attached Rs. 4,701cr worth of assets of Gujarat-based pharmaceutical company Sterling Biotech Group in connection with a Rs. 5,000cr bank fraud money laundering case, the ED said today.

31 May 2018

Narendra Modi

PM Modi launches three Indian digital payments apps in Singapore

Prime Minister Narendra Modi today launched three Indian mobile payments apps, BHIM, RuPay, and SBI, in Singapore at "Business, Innovation and Community Event" aimed at internationalization of the country's digital payments platform.

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