State Bank

Timelines
Exporters flee country after cheating 6 banks; SBI files complaint

09 May 2020

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.

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

06 May 2020

#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.

Now, you can recharge your Jio number from bank ATMs

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

27 Mar 2020

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.

Yes Bank resumes full banking services as RBI lifts moratorium

18 Mar 2020

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.

Yes Bank rescue plan unveiled, withdrawals restrictions to be lifted

14 Mar 2020

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).

Yes Bank depositors can now use IMPS/NEFT to pay dues

10 Mar 2020

Yes Bank depositors can now use IMPS/NEFT to pay dues

The crisis-hit lender Yes Bank on Tuesday allowed customers to make certain transactions using instant money transfer services.

Booked for corruption, Yes Bank's founder Rana Kapoor breaks down

09 Mar 2020

Booked for corruption, Yes Bank's founder Rana Kapoor breaks down

Rana Kapoor, the founder of crisis-hit Yes Bank, was on Sunday booked by the Central Bureau of Investigation (CBI) for alleged criminal conspiracy, cheating, and corruption.

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

07 Mar 2020

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.

Yes Bank founder Rana Kapoor's home raided by Enforcement Directorate

07 Mar 2020

Yes Bank founder Rana Kapoor's home raided by Enforcement Directorate

The Enforcement Directorate on Friday raided the home of Yes Bank founder Rana Kapoor in Mumbai.

Explained: The rise and fall of Yes Bank

06 Mar 2020

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

06 Mar 2020

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

06 Mar 2020

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.

India's five most influential and successful women in finance

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.

Jet Airways founder booked for money laundering; ED raids home

05 Mar 2020

Jet Airways founder booked for money laundering; ED raids home

The Enforcement Directorate (ED) on Wednesday night raided the home of Jet Airways founder and former Chairperson, Naresh Goyal, after it booked him in a case of money laundering.

SBI home loans to get cheaper as lender slashes MCLR

07 Feb 2020

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.

Banks go on a strike: Which services would be affected?

31 Jan 2020

Banks go on a strike: Which services would be affected?

Across India, banking services are expected to be impacted greatly this weekend as bank unions go on strike from today (January 31, 2020).

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

21 Jan 2020

#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.

Political parties received two-third donations through opaque electoral bonds

14 Jan 2020

Political parties received two-third donations through opaque electoral bonds

In 2018-19 fiscal, the coffers of seven political parties overflowed, and a large chunk of this money came through the controversial electoral bond route.

Attention, SBI customers! These new banking rules take effect today

01 Jan 2020

Attention, SBI customers! These new banking rules take effect today

If you have an account in the State Bank of India (SBI), you may want to pay attention to this.

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

27 Dec 2019

#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.

#FinancialBytes: Best credit cards in India you can apply for

20 Dec 2019

#FinancialBytes: Best credit cards in India you can apply for

Credit cards play an essential role in our financial lives today and are one of the most widely-used cashless payment methods because of the convenience they provide.

SBI will deactivate these debit cards by December 31

09 Dec 2019

SBI will deactivate these debit cards by December 31

India's largest public sector bank, the State Bank of India (SBI), is planning to deactivate some debit cards by the end of this month.

#FinancialBytes: What is advance tax and who should file it?

08 Dec 2019

#FinancialBytes: What is advance tax and who should file it?

Income tax accounts for a significant part of the government's revenue, and it is the responsibility of taxpayers to pay the required tax on the income they earned during a year on time.

Man mysteriously receives money in account; believes Modiji sent it

22 Nov 2019

Man mysteriously receives money in account; believes Modiji sent it

A man in Madhya Pradesh's Bhind district was pleasantly surprised when he saw a large sum of money mysteriously appear in his State Bank of India (SBI) account.

Congress stages walkout in Lok Sabha over electoral bonds

21 Nov 2019

Congress stages walkout in Lok Sabha over electoral bonds

Members of Parliament (MPs) of the Congress party staged a walkout from the Lok Sabha on Thursday over the issue of electoral bonds. The party also protested the privatization of public sector units (PSUs).

Want to link your SBI account with Aadhaar? Here's how

17 Oct 2019

Want to link your SBI account with Aadhaar? Here's how

Although according to the Supreme Court, it is no longer mandatory to link your Aadhaar with bank account, it could still prove to be beneficial.

FATF notes Pakistan's actions against terrorism haven't been enough

07 Oct 2019

FATF notes Pakistan's actions against terrorism haven't been enough

The global-watchdog Financial Action Task Force (FATF) gave Pakistan months to act strongly against terrorism, but the country failed to do so.

Now, no more discounts on credit-card payments at petrol pumps

25 Sep 2019

Now, no more discounts on credit-card payments at petrol pumps

Credit card payments at petrol pumps will not get the 0.75% cashback/discount, starting from October 1.

#FinancialBytes: SBI Tax Savings Scheme- Interest rate, tenure and more

20 Sep 2019

#FinancialBytes: SBI Tax Savings Scheme- Interest rate, tenure and more

The State Bank of India, India's largest lender, offers many short-term and long-term saving schemes to its customers.

SBI cuts Fixed deposit (FD) rates again: Details here

09 Sep 2019

SBI cuts Fixed deposit (FD) rates again: Details here

On Monday, the State Bank of India (SBI) announced that it would reduce MCLR (marginal cost of lending rate) on loans across all tenors.

#CareerBytes: SSC-CGL or SBI PO Exam - What to choose?

19 Aug 2019

#CareerBytes: SSC-CGL or SBI PO Exam - What to choose?

In India, Staff Selection Commission Combined Graduate Level Examination (SSC-CGL) and the Bank Probationary Officer (PO) Exam conducted by State Bank of India (SBI) are two of the most competitive exams for graduates.

Dantewada ASP Suraj Parihar's journey from call-center worker to IPS-officer

07 Aug 2019

Dantewada ASP Suraj Parihar's journey from call-center worker to IPS-officer

Cracking the UPSC Civil Services Examination (CSE) isn't easy. Many candidates give up on their CSE dream after one or two unsuccessful attempts.

Bad news: Your SBI fixed deposit to earn lower interest

29 Jul 2019

Bad news: Your SBI fixed deposit to earn lower interest

In what would come as a shock to many, the country's largest lender State Bank of India (SBI) has sharply reduced its interest rates on fixed deposits (FDs) across all maturities, ranging from 45 days to ten years.

India's five most influential and successful women in finance

16 Jul 2019

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.

#FinancialBytes: Minimum balance rules of SBI, HDFC, ICICI bank

16 Jul 2019

#FinancialBytes: Minimum balance rules of SBI, HDFC, ICICI bank

Saving bank accounts require the customers to maintain a certain specified average monthly balance (AMB).

#FinancialBytes: Five best credit cards offered to students in India

05 Jul 2019

#FinancialBytes: Five best credit cards offered to students in India

Credit cards have become an essential part of our lives because of the convenience they offer.

Sensex jumps 1,000 points after exit-polls predict win for NDA

20 May 2019

Sensex jumps 1,000 points after exit-polls predict win for NDA

After exit polls predicted NDA's win on Sunday, Sensex saw a surge of 950 points. While S&P BSE Sensex jumped over 950 points, Nifty climbed over 280 points.

This woman, a mother of 6-year-old, cracked UPSC in 2017

15 May 2019

This woman, a mother of 6-year-old, cracked UPSC in 2017

While many of us think getting married and having kids could end our professional dreams, Pushplata from Rewari, Haryana, has proved otherwise.

#FinancialBytes: All about State Bank of India's home loans

05 May 2019

#FinancialBytes: All about State Bank of India's home loans

State Bank of India (SBI) is the largest public sector bank in the country with over 42 crore customers.