State Bank of India (SBI): News

13 Feb 2022


CBI books Gujarat firm for Rs 22,842 crore loan fraud

In what is being termed as India's biggest loan fraud case, the Central Bureau of Investigation (CBI) has booked a Gujarat-based shipbuilding company and its former directors for allegedly defrauding banks to the tune of Rs 22,842 crore.

ED arrests Shakti Bhog CMD in money laundering case

The Enforcement Directorate (ED) arrested Kewal Krishan Kumar, Chairman and Managing Director (CMD) of Delhi-based Shakti Bhog Foods Limited, in a money laundering case linked to an alleged multi-crore bank loan fraud.

SBI will charge beyond four free cash withdrawals every month

The country's largest lender SBI will levy charges for cash withdrawal beyond four free transactions in a month from customers holding the basic savings bank deposit (BSBD) accounts.

17 Apr 2021

Madhya Pradesh

Two held for ATM fraud amounting to Rs. 92.39 lakh

Two persons were arrested in an ATM cash withdrawal fraud amounting to Rs. 92.39 lakh in Madhya Pradesh's Jabalpur district, police said on Saturday.

23 Jan 2021


Vijay Mallya seeking 'alternative route' to remain in the UK

Fugitive economic offender Vijay Mallya has reportedly appealed to the UK Home Secretary Priti Patel for an alternative route to remain in the UK and avoid extradition to India.

30 Dec 2020


FASTag compulsory from January 1: How to buy, recharge it?

Starting January 1, 2021, using the FASTag contactless payments system for crossing toll plazas across India will be mandatory.

22 Dec 2020


VHP to start fund-raising drive in Karnataka for Ram temple

The Vishva Hindu Parishad (VHP) will rope in over five lakh volunteers to start a door-to-door fundraising drive in Karnataka from January 15 to February 27, 2021, to build a grand Sri Ram Temple in Ayodhya, the outfit's international working president Alok Kumar said on Tuesday.

30 Nov 2020

Latest Gadget Launch

Moto G 5G launched in India at Rs. 21,000

As the latest addition to its portfolio of smartphones, Motorola has launched the Moto G 5G model in India.

'Scam 1992' review: An investment worth the risk

Quite like the gigantic financial scam it draws its name from, Scam 1992 is inspiring, entertaining and horrifying, all at once.

30 Aug 2020


Now, Google Pay is bringing NFC-based card payments in India

Last year in September, Google announced the plan to introduce tokenized cards in Google Pay, its dedicated service for peer-to-peer transfers.

17 Aug 2020

Union Health Ministry

When will the coronavirus outbreak peak in India?

India has reported the third-highest number of coronavirus cases for any country in the world, and while the government has repeatedly highlighted that the number of cases per million population is relatively low, the outbreak is still worsening.

22 Jun 2020


OnePlus 8 series goes on sale today at 12pm

OnePlus 8 Pro and 8 is scheduled to go on another sale today at 12 pm via Amazon and

19 Jun 2020


OPPO A52 goes on sale in India at Rs. 17,000

OPPO's mid-range smartphone, the A52, which was announced way back in April, has finally gone on sale in India.

17 Jun 2020


Samsung Frame TV 2020, Smart TV models launched in India

Samsung has launched its next-generation Frame TV 2020 in three different sizes.

15 Jun 2020


OnePlus 8 Pro first sale in India today: Details here

OnePlus 8 Pro is all set to go on sale for the first time in India today at 12 pm via Amazon and

14 Jun 2020


Special deals and discounts on best-selling OPPO smartphones

The nationwide lockdown triggered by the COVID-19 pandemic has badly hit smartphone sales. Thus, to boost sales and make up for losses, various offers are being given on a range of smartphones.

08 Jun 2020


OnePlus 8 to go on sale at 12pm via Amazon

The OnePlus 8 will go on sale in India today at 12 pm via Amazon and the company's website.

30 May 2020


OnePlus 8's next sale in India on June 4

OnePlus's newly-launched flagship smartphone, the OnePlus 8, will once again go on sale in India on June 4 at 12pm via Amazon.

18 May 2020


OnePlus 8 to go on sale at 2pm via Amazon

As part of a special early access sale, OnePlus's newly-launched flagship smartphone, the OnePlus 8, will go on sale for the first time in India today at 2 pm via Amazon.

09 May 2020

Fixed Deposit

SBI reduces FD rates; check revised rates here

India's largest lender State Bank of India (SBI) has slashed interest rates for fixed deposits (FDs) up to three years' tenor by 20 basis points (bps). The new rates will come into effect from May 12.

Exporters flee country after cheating 6 banks; SBI files complaint

Three promoters of a Delhi-based basmati rice export firm have fled the country with over Rs. 400 crore in unpaid bank loans, officials said on Saturday.

06 May 2020

Bank PO

#CareerBytes: SBI PO v/s IBPS PO- Everything you should know

The post of a Probationary Officer (PO) is one of the most coveted jobs in the banking sector as it offers job security and good pay.

05 May 2020


WhatsApp Pay may finally be launched this month: Details here

WhatsApp's much-coveted digital payments service, WhatsApp Pay, may finally be launched by the end of this month.

30 Mar 2020


Now, you can recharge your Jio number from bank ATMs

Reliance Jio has announced that its subscribers can now recharge their prepaid numbers at a nearby bank ATM. The move aims to provide an alternative recharge method for all users, especially to those who cannot do online recharges.

RBI's 3-month EMI moratorium: All you need to know

Earlier in the day, the Reserve Bank of India (RBI) announced a few measures in view of the 21-day lockdown over coronavirus.

22 Mar 2020


Motorola 75-inch Android TV available with Rs. 1.41 lakh discount

Planning to upgrade from your old television to a new high-end 4K television? Well, here's something exciting for you.

21 Mar 2020


Lenovo's gaming laptop available with a whopping Rs. 92,500 off

If you are thinking to buy a new high-performance laptop to satisfy your gaming needs, then here is an exciting offer for you.

21 Mar 2020


Flipkart Big Shopping Days: Best deals on top-selling smart TVs

In an attempt to ramp up sales, Flipkart is hosting Big Shopping Days sale on its platform with exciting discounts available across product categories.

Yes Bank resumes full banking services as RBI lifts moratorium

The ailing private lender Yes Bank on Wednesday confirmed that its banking services are now fully operational.

18 Mar 2020


Flipkart Big Shopping Days: POCO X2 to go on open-sale

The recently-launched POCO X2 will be up for grabs in India via a limited-period open sale starting tonight. As part of Flipkart's Big Shopping Days sale, the smartphone will remain available for purchase until March 22.

Yes Bank rescue plan unveiled, withdrawals restrictions to be lifted

Crisis-hit Yes Bank got a lifeline after the Union Cabinet, chaired by Prime Minister Narendra Modi, notified a reconstruction plan backed by the State Bank of India (SBI).

SBI working on Yes Bank's reconstruction scheme, says bank chief

State Bank of India Chairperson Rajnish Kumar on Saturday said that the bank has received the draft scheme for the reconstruction of the crisis-hit Yes Bank.

Explained: The rise and fall of Yes Bank

Yes Bank depositors panicked when on Thursday, the Reserve Bank of India (RBI) capped cash withdrawals at Rs. 50,000.

Amid Yes Bank crisis, Sitharaman assures depositors' money safe

Finance Minister Nirmala Sitharaman on Friday gave assurance to the depositors of cash-starved Yes Bank.

Yes Bank crisis: Things to know if you're a customer

In a drastic move, the Reserve Bank of India (RBI) took over the board of private lender Yes Bank on Thursday night, while also putting a cap of Rs. 50,000 on withdrawals.

05 Mar 2020


Troubled Yes Bank under moratorium; withdrawals limited to Rs. 50,000

The Central government has imposed an order of moratorium on troubled private lender, Yes Bank, on Thursday as per the recommendation of the Reserve Bank of India (RBI).

05 Mar 2020


India's five most influential and successful women in finance

The world of finance used to be seen as an industry only for men for the longest time. However, that has changed in the last few years.

SBI home loans to get cheaper as lender slashes MCLR

India's largest lender, the State Bank of India (SBI) on Friday cut its lending rates.

21 Jan 2020

Bank PO

#CareerBytes: All you need to know about SBI PO Exam-2020

The post of a Bank Probationary Officer (PO) is one of the most coveted jobs among youngsters in the country.

17 Jan 2020


Vijay Mallya's French-mansion, having 17 bedrooms and helipad, is rotting

The "King of Good Times", Vijay Mallya, once bought a mansion in France complete with 17 bedrooms, a private helipad, nightclub, and even a theater.

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