Tag: State Bank of India
Mallya Under UK Judicial Process, India Doing Its Best: Jaitley
The Vijay Mallya case has come under the British judicial process and Indian agencies are making their best effort to have him face trial in India, the Centre said on Wednesday.....
Ordinance To Help Banks: SBI
The Banking Regulation (Amendment) Ordinance, notified on Friday, is expected to facilitate bankers to adopt resolutions for NPA (non performing assets) accounts, a banker said on Friday.....
Outrage In Kerala As SBI Levies Charges On ATM Withdrawals
A public outcry erupted in Kerala after the State Bank of India (SBI) announced that charges would be levied on all cash withdrawals from its ATMs from June onward.....
Office 365, Kaizala App Helping Indian Firms Go Digital: Nadella
Faster adoption of Microsoft Office 365 and made for India 'Kaizala' app are helping several Indian enterprises -- from banking to healthcare -- unlock their true potential and transform digitally, India-born Microsoft CEO Satya Nadella said in Delhi on Tuesday.....
Limited Room For More Interest Rate Cuts: SBI Chairman
On the matter of cutting interest rates, state-run State Bank of India (SBI) on Thursday indicated there is limited space for further easing of its lending rate.....
SBI Cuts Interest Rates On Home Loans, Fixed Deposits
Country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost-based lending rate or MCLR by 10 basis points across all tenors and has also reduced rates on term deposits.....
SBI Employees Contribute Additional Rs 7.95 Cr To PM-CARES Fund
In battle against the COVID-19 crisis, employees of the country's largest lender, State Bank of India (SBI) have decided to contribute an additional amount of Rs 7.95 crore to the Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM-CARES) Fund.....
SBI Logs 4-fold Jump In Q4 Net Profit At Rs 3,581 Crore
State Bank of India (SBI) on Friday reported a four-fold jump in its net profit for the January-March quarter of financial year 2019-20 at Rs 3,581 crore. ....
Crisis In Hospitality, Aviation To Prolong: SBI Official
As the pandemic and the resultant nationwide lockdown severely affected economic activities in the country, a senior official of the State Bank of India (SBI) has said that the financial crisis in the hospitality, tourism and aviation sectors will be prolonged compared to the other sectors.....
CBI Probe Into Rs 180 Crore Fraud On Banks
The Central Bureau of Investigation (CBI) has registered a case on a complaint from State Bank of India against Indore based-private company Indison Agro Foods Limited and its three Directors Vijay Kumar Jain, Mahendra Kumar, and Devraj Jain and unknown public servants on the allegations of cheating and defrauding the bank to the tune of approximately Rs 180.15 crore. ....
