Tue, Dec 03, 2024
State Bank of India’s Amrit Vrishti is a 444-day fixed deposit (FD) scheme launched on July 15, 2024. Among all SBI FDs, this scheme offers the highest interest rate to senior citizens. On the other hand, Bank of India's 400-day fixed deposit (FD) scheme offers highest rate to senior citizens than other banks FDs. Here, we will find out the maturity amounts of Rs 4 lakh and Rs 8 lakh investments in fixed deposits for general and senior citizens.
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Mon, Dec 02, 2024
Compare RD returns from SBI, Canara Bank, HDFC, ICICI, and Post Office for a Rs 5,000 monthly investment over 5 years. Know interest rates, maturity amounts and the best options for higher returns.
Wed, Nov 27, 2024
With the raising of Rs 10,000 crore from infra bonds, SBI's total fundraise has touched Rs 50,000 crore so far during the current financial year.
Tue, Aug 28, 2018
"The August 27 deadline does not have any material impact on the provisioning requirements as most of them have already been classified as bad loans," Rajnish Kumar told reporters on the sidelines of the annual general meeting of the Indian Banks Association this evening.
Mon, Aug 27, 2018
A total of 1,295 branches have been changed across the country as per the SBI list enlisting the old and new IFSC codes after rationalisation/merger with associate banks and BMB, as per the list on its website.
The country's current account deficit (CAD) is likely to touch 2.8 per cent of GDP in the current financial year on surge in crude oil prices and moderate growth in exports, a report said.
Fri, Aug 24, 2018
When asked how many cases are being referred to NCLT by the end of the August 27 deadline, he said: "We don't see major spurt in accounts being referred to National Company Law Tribunal (NCLT). We have been bringing out the stress in the system...We have worked at resolution.
Relating to GDP growth, he said as per SBI research estimates, in the first quarter it was expected to be 7.7 per cent in the first quarter and 7.5 per cent for the full fiscal.
SBI PO Mains 2018 results: The final result of SBI PO 2018 will be declared by considering the collective score of Mains Exam and the Interview. The figuring in the merit list are finally given the appointment letter by the bank of their preference. SBI PO 2018 final result will be declared on 1st November 2018.
Madhya Pradesh based RTI activist Chandrashekhar Gaud had asked the SBI that how many ATMs have been recalibrated for dispensing the new currency notes of Rs 2,000, Rs 500 and Rs 200 denomination.
Tue, Aug 21, 2018
SBI PO Mains 2018 results: The State Bank of India (SBI) is all set to declare the result of Probationary Officer (PO) recruitment examination anytime tonight. It was expected at 8 pm today, but that has not happened. Ideally, it was supposed to have been released on Monday.
State Bank chairman Rajnish Kumar called for scaling down thrust on consortium lending, saying over-dependence on this has only led to bad loan pile- up as it has been inordinately delaying loan appraisals.
Mon, Aug 20, 2018
Fixed Deposit rates in India: With the equity markets scaling new highs almost every other day and interest rates on fixed income products rising, retail investors need to take a fresh look at their investment portfolio and check if it needs re-balancing.
Tue, Aug 14, 2018
Beleaguered carrier Jet Airways Ltd has not yet approached State Bank of India (SBI) for any funds, the chairman of the country`s top bank said on Tuesday, according to television channel CNBC-TV18.
The survey, which covered 152 brands across 11 categories, is based on data collected online by YouGov Omnibus among 1,193 respondents in the country between August 2 and August 8 using its panel of an online representation of India. In the financial sector, SBI lead the chart with 47% respondents considering it to be the most patriotic brand, followed by LIC with 16%.
Mon, Aug 13, 2018
Rajnish Kumar, Chairman, SBI, feels that the profit in the current quarter of July-September would be contingent on the NCLT approving a resolution of one large account. In an exclusive interview with Zee Business, Kumar said the bank is planning to sell 4 per cent stake in its general insurance subsidiary, SBI General Insurance this financial year.
Sat, Aug 11, 2018
Finance Minister Piyush Goyal today said there was no retrenchment of employees after the merger of five associate banks and the Bhartiya Mahila Bank with the State Bank of India.
Fri, Aug 10, 2018
The State Bank of India (SBI) reported a bigger-than-expected quarterly loss on Friday, as country`s biggest lender by assets made higher provisions for treasury losses although its improved bad loan ratio sent its shares higher.
Wed, Aug 08, 2018
As part of its effort to promote online transaction, State Bank of India (SBI) today launched one more digital initiative called MOPAD (Multi Option Payment Acceptance Device).
Fri, Jul 06, 2018
Based on an initiative by the government and the Election Commission, the State Bank of India (SBI) introduced electoral bonds worth Rs 1,000, Rs 10,000, Rs 1,00,000, Rs 10 lakh and Rs 1 crore.
Sun, Mar 04, 2018
State Bank of India (SBI) took the steepest hit. The other firms which witnessed a decline in their market capitalisation (m-cap) were TCS, ITC, ONGC and HDFC Bank
Mon, Feb 12, 2018
The country's largest lender's loss was due to its bad loans and increased provisions
Wed, Jan 17, 2018
The bank did not specify whether the borrowing would be in rupee denomination or foreign currency
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