State Bank Of India
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Major Bank Fraud! SBI, PNB, Bank of Baroda among banks cheated of Rs 525 crore
Business | Dec 17, 2020, 07:59 PM ISTIn a major banking fraud, prominent banks in the country have been cheated of over 500 crore rupees. The Central Bureau of Investigation (CBI) has registered two separate cases relating to the bank frauds.
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WhatsApp Pay now live in India with THESE 4 banks
Business | Dec 16, 2020, 02:49 PM ISTAfter two years of waiting, Facebook-owned WhatsApp payment service received approval from the National Payments Corporation of India (NPCI) in November to go live on Unified Payment Interface (UPI) with over 160 supported banks.
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SBI apprentice recruitment 2020: Online application for 8500 posts begins. Get details
Career | Nov 20, 2020, 05:10 PM ISTSBI apprentice recruitment 2020: The State Bank of India has invited online applications for 8500 apprentice posts on the official website -- sbi.co.in.
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SBI adopts 15 tigers at Hyderabad Zoo
India | Nov 13, 2020, 08:53 PM ISTThe State Bank of India, Hyderabad Circle, has come forward to adopt 15 tigers at Nehru Zoological Park (NZP) in Hyderabad for one year.
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SBI inks agreement with Japan Bank for USD 1 billion loan
Business | Oct 28, 2020, 07:37 PM ISTState Bank of India on Wednesday said it has signed an agreement with Japan Bank for International Cooperation (JBIC) for a loan worth USD 1 billion (around Rs 7,403 crore).
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SBI Debit card user? Check SBI daily cash withdrawal limit for different ATM cards
Business | Oct 28, 2020, 02:20 PM ISTState Bank of India (SBI), country’s largest banks which are also now a fortune 500 company has revised the daily ATM cash withdrawal limit for its different debit cards. At present, SBI is offering 7 different types of ATM-cum-debit cards to its account holders.
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Home loan EMIs set to reduce as SBI announces up to 25 bps cut on rates
Business | Oct 21, 2020, 01:23 PM ISTSBI's customers would get an interest concession of 25 bps on a home loan of above Rs 75 lakh, based on their CIBIL score and if they are applying through YONO, the lender's digital lending platform.
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SBI online banking services down due to connectivity issues; ATMs, POS machines working
Business | Oct 13, 2020, 01:23 PM ISTThe online banking services of State Bank of India (SBI) have been hit by connectivity issues, the bank informed in a tweet on Tuesday. However, the bank added that the ATMs and point of sale (POS) machine services are functional.
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SBI looking to hive off Yono into separate subsidiary, says Rajnish Kumar
Business | Oct 06, 2020, 08:18 AM ISTThe country's largest lender State Bank of India is actively looking to hive off its digital platform Yono into a separate subsidiary, its chairman Rajnish Kumar said.
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SBI Festive Offers: Bank waives processing fee on loans; offers special benefits on home, auto loans
Business | Sep 28, 2020, 02:52 PM ISTIndia's largest bank has announced a 100% waiver in the processing fee for all customers applying for car, gold, and personal loan through YONO. SBI is offering the lowest interest rate starting from 7.5% to customers opting for the car loan. They will also get 100% on-road finance on select models.
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SBI offering loan moratorium for up to 2 years: Who all can apply, eligibility, all you need to know
Fyi | Sep 22, 2020, 09:50 PM ISTState Bank of India (SBI) is now offering loan moratorium to its customers for upto 2 years under its loan restructuring scheme. The bank has also launched a facility on its website to help retail customers check their eligibility for one-time loan restructuring announced by the RBI.
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Rate cuts have not spurred investment; credit growth slow this year: SBI Chairman
Business | Sep 22, 2020, 03:04 PM ISTState Bank of India chairman Rajnish Kumar on Tuesday said that interest rate cuts had not led to an increase in investment, despite the banks passing on the rate cuts to the customers.
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SBI launches new e-facility on website for restructuring of retail loans: All you need to know
Business | Sep 21, 2020, 09:49 PM ISTThe country's largest lender State Bank of India (SBI) on Monday said it has launched a facility on its website to help retail customers check their eligibility for one-time loan restructuring announced by the RBI.
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SBI issues new guidelines for OTP-based ATM withdrawal facility: All you need to know
Business | Sep 15, 2020, 09:09 PM ISTThe State Bank of India (SBI) has announced new guidelines on cash withdrawal by its customers having OTP based ATM cards. SBI has extened the time for the OTP-based cash withdrawal from its ATMs.
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SBI launches VRS scheme for its bank employees. Check eligibility, benefits
Business | Sep 07, 2020, 09:00 AM ISTSBI VRS scheme 2020: In a bid to optimise its costs, India’s largest bank, State Bank of India (SBI) has launched a voluntary retirement scheme (VRS) under which about 30,190 employees are eligible.
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Equity indices head downwards, metal and banking stocks drag
News | Sep 04, 2020, 10:13 PM ISTEquity benchmark indices extended early losses on September 04 and closed the week with deep cuts across all sectors.
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Banks Board Bureau recommends Dinesh Kumar Khara as next SBI chairman, Challa Setty on reserve list
Business | Aug 28, 2020, 09:53 PM ISTThe Banks Board Bureau (BBB) has recommended Dinesh Kumar Khara for the post of Chairman in the State Bank of India (SBI) and Challa Sreenivasulu Setty as the candidate on the Reserve list for the chairman post, BBB said in a statement.
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SBI, PNB, BoB may go for share sale this fiscal
Business | Aug 23, 2020, 05:46 PM ISTQualified Institutional Placement (QIP) would be the most preferred way and public sector banks are likely to take a call on taking this route after finalisation of their second quarter results, merchant banking sources said.
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SBI loan fraud: MP-based company booked
Business | Aug 22, 2020, 11:02 PM ISTThe factory and registered office of the company in Morena, residences of Garg and another director Saurabh Garg and its office at Barakhamba Road, New Delhi were searched by the agency on Friday, they said.
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SBI Alert! Insufficient balance? Here's how much bank will charge for failed ATM transaction
Business | Aug 17, 2020, 11:13 AM ISTState Bank of India (SBI), India's largest public sector bank has revised its ATM withdrawal rules with effect from 1 July. According to State Bank of India (SBI) official website i.e. sbi.co.in, in metro cities, SBI allows 8 free transactions to its regular savings account holders to transact in a month. Beyond this, customers are charged on each transaction.