State Bank Of India
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COVID-19 | Now manage your SBI account through the YONO SBI App: Here's how to download
Technology | Mar 28, 2020, 05:56 PM ISTYONO SBI is a technologically advanced app that lets you Bank, Shop, Travel, Pay Bills, Recharge, Invest, avail IRCTC ticket booking, use UPI to transfer money, book movie tickets.
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SBI reduces interest rate on fixed deposits; check new rates here
Business | Mar 28, 2020, 09:27 AM ISTThe State of Bank of India (SBI) has reduced interest on fixed deposits (FD) following RBI's decision to lower the repo rate by 75 basis points to 4.4% on Friday.
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More calibrated responses from govt expected as impact of COVID-19 unfolds: SBI Chief
Business | Mar 26, 2020, 06:28 PM ISTTerming the relief package as timely intervention, SBI Chairman Rajnish Kumar on Thursday said more calibrated responses in the coming weeks expected as the impact of pandemic COVID-19 unfolds.
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SBI sees drop in banking transcations during 21-day lockdown but most ATMs running
Business | Mar 25, 2020, 06:49 PM ISTThe nationwide lockdown due to coronavirus outbreak has led to a decline in banking transactions at SBI but customers are using online and digital modes as usual, a senior official of the state-run lender said.
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Coronavirus threat: SBI to provide basic services to customers in Telangana
Business | Mar 23, 2020, 09:17 PM ISTState Bank of India on Monday said it would provide essential and basic banking services with the minimum number of staff at the branches in Telangana, where a lockdown has been announced by the government to contain the spread of coronavirus.
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Coronavirus: SBI sets up quick response team for staff safety
Business | Mar 22, 2020, 03:58 PM ISTIn a bid to keep its staff motivated amid the coronavirus outbreak, the country's biggest lender State Bank of India (SBI) has set up a quick response team (QRT) to ensure the safety of its employees.
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Covid-19: SBI opens emergency credit line for borrowers
Business | Mar 21, 2020, 12:31 PM ISTAmid businesses getting affected due to the novel coronavirus pandemic, the country's largest lender State Bank of India has opened an emergency credit line to meet any liquidity mismatch for its borrowers.
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SBI to up Yes Bank stake to 49%, not to sell a single share before 3 yrs: Chairman
Business | Mar 17, 2020, 10:03 PM ISTState Bank chairman Rajnish Kumar on Tuesday said the country's largest lender that owns close to 43 per cent in Yes Bank now will not sell a single share before that mandated three-year lock-in period, and that he's, in fact, keen to approach the board for hiking the holding to 49 per cent.
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SBI Cards IPO lists at Rs 658, nearly 13% discount over its issue price; SBI share price tanks
Business | Mar 16, 2020, 11:04 AM ISTSBI Cards IPO Listing: Shares of SBI Cards and Payments (SBI Card) made a tepid debut at the exchanges on Monday, as the scrip got listed at Rs 658 on the BSE, a 12.85 per cent discount to its issue price of Rs 755.
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SBI Bank Alert! Your SBI Debit, Credit Card may get blocked after March 16
Business | Mar 16, 2020, 11:53 AM ISTSBI Debit, Credit card rule: From March 16, the State Bank of India (SBI) will automatically disable any contactless transactions of those debit and credit cards that have never been used for online transactions. RBI new rules will protect customers from misuse of debit and credit cards.
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SBI Cards IPO: Yes Bank customers' may not get SBI Card IPO shares allotment; Here's why
Business | Mar 12, 2020, 01:59 PM ISTSBI Cards IPO: Troubles for depositors' of crash-strapped Yes Bank has not ended yet as among many hits could be investors who have applied for SB Cards IPO. Investors who have applied for SBI Cards’ initial public offering (IPO) will be given an allotment of the shares with the condition.
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SBI Cards IPO: Allotment of SBI Cards IPO share announced; Simple steps to check status
Business | Mar 12, 2020, 11:46 AM ISTSBI Cards IPO Allotment: Investors who subscribed to the IPO of the SBI Cards and Payment Services and are keenly awaiting the allotment of shares, can check their share status. SBI Cards IPO was open for four days from March 2 and closed for subscription on 5 March 2020.
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SBI takes BIG decision: No minimum balance required for savings account
Business | Mar 11, 2020, 05:50 PM ISTSBI Customers Attention: SBI brought good news to millions of customers on Wednesday. In a big decision, India's largest public lender, the State Bank of India (SBI), has decided to bring relief to its savings account holders.
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SBI to own 245 cr shares worth Rs 2,450 cr in Yes Bank
Business | Mar 07, 2020, 07:34 PM ISTThe State Bank of India (SBI) on Saturday said it will be issued 245-crore shares at a price of Rs 10 each for Rs 2,450 crore in Yes Bank
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Complete regulatory failure: P Chidambaram slams govt over Yes Bank crisis
Business | Mar 06, 2020, 01:34 PM ISTSenior Congress leader and former Finance Minister P Chidambaram has hit out at the Centre over Yes Bank crisis accusing the government of a complete regulatory failure. Chidambaram's statement has come after Yes Bank was put under moratorium and depositors withdrawal limit was capped at Rs 50,000.
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Yes Bank ATMs across several cities run out of cash
India | Mar 06, 2020, 01:12 PM ISTAfter RBI capped withdrawal limit of Rs 50,000 on Yes Bank's depositors, people were witnessed queuing up outside Yes Bank ATM's across cities as many of them have run out of cash. The National Stock Exchange (NSE) has also imposed restrictions on Yes Bank shares in various segments, including futures and options.
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Who is Prashant Kumar, Yes Bank's newly appointed administrator
Business | Mar 06, 2020, 11:55 AM ISTFormer SBI's chief financial officer, Prashant Kumar has been appointed as the new administrator of Yes Bank after a moratorium has been imposed by the RBI on the bank and withdrawal limit to its customers has been capped at Rs 50,000. Kumar's appointment has been made by the RBI.
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Govt approves SBI's plan to buy Yes Bank stake: Report
Business | Mar 05, 2020, 01:05 PM ISTCash-starved Yes Bank may be rescued by country's largest lender State Bank of India-led consortium as reports suggest that the government has approved a plan in this regard to save the bank from sinking.
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SBI Customers Alert! These SBI Bank account holders will not be able to withdraw cash from today
Business | Mar 02, 2020, 12:11 PM ISTSBI Bank KYC Alert! The State Bank of India (SBI), India's largest lender, has issued a notice to its account holders in regard to their incomplete KYC. From today, SBI account holders with incomplete KYC will not be able to do transactions.
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SBI Cards IPO opens for subscription today: Here's what brokerages recommend
Business | Mar 02, 2020, 09:48 AM ISTSBI Cards IPO opens today: The SBI Cards IPO, India's fifth-largest, and the first from a pure-play credit card company are set to open for subscription today. The issue will close for subscription on March 5. The IPO Committee of SBI Card has set the price band for its initial public offering (IPO) in the range of Rs 750-755 per equity share.