SBI Q3 Results: State Bank of India's standalone net falls 7% to Rs 5,196 crore
Business | February 04, 2021 14:59 ISTThe bank had posted net profit of Rs 5,583.36 crore in the October-December period of the previous fiscal.
The bank had posted net profit of Rs 5,583.36 crore in the October-December period of the previous fiscal.
State Bank of India has announced further interest concession of upto 30 bps on home loans and 100% waiver on processing fees.
In the last few months lenders including State Bank of India, Canara Bank and Punjab National Bank (PNB) have raised about Rs 40,000 crore from the market, Financial Services Secretary Debasish Panda told PTI in an interview.
In 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.
After 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.
SBI apprentice recruitment 2020: The State Bank of India has invited online applications for 8500 apprentice posts on the official website -- sbi.co.in.
The State Bank of India, Hyderabad Circle, has come forward to adopt 15 tigers at Nehru Zoological Park (NZP) in Hyderabad for one year.
State 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).
State 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.
SBI'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.
The 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.
The 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.
India'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.
State 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.
State 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.
The 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.
The 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.
SBI 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.
Equity benchmark indices extended early losses on September 04 and closed the week with deep cuts across all sectors.
The 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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