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State Bank of India

Rama Mohan Rao Amara becomes SBI managing director

Rama Mohan Rao Amara becomes SBI managing director

Wed, Dec 18, 2024

Amara has been associated with public lender for almost three decades. Began his career in 1991 as a SBI probationary officer, he has held various key positions, including chief general manager of SBI’s Bhopal Circle, where he oversaw operations in Madhya Pradesh and Chhattisgarh.

SBI Guaranteed Return Scheme: Here's what State Bank of India is providing on 1-yr, 3-yr and 5-yr fixed deposits

SBI Guaranteed Return Scheme: Here's what State Bank of India is providing on 1-yr, 3-yr and 5-yr fixed deposits

Thu, Dec 05, 2024

SBI Amrit Vrishti FD: The minimum amount you can invest is Rs 1,000. There is no upper limit for investing in this FD.

SBI FD Latest Interest Rates: Know what State Bank of India is providing to senior citizens and others on 1-yr, 3-yr and 5-yr fixed deposits

SBI FD Latest Interest Rates: Know what State Bank of India is providing to senior citizens and others on 1-yr, 3-yr and 5-yr fixed deposits

Tue, Dec 03, 2024

SBI FD Latest Interest Rates: 444 days - Amrit Vrishti: SBI offers 7.25 per cent interest on 444 days FD to general citizens.

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How to reduce EMI burden: Experts suggests these steps for loan takers

How to reduce EMI burden: Experts suggests these steps for loan takers

Sun, Apr 14, 2019

Availing a loan used to be a hectic task some time back but advancement in living standards, easy credit facilities, easy EMI options and luxury living has made it easy. However, it has also made a burden named EMI a part of our lives.

Naresh Goyal submits EoI as crisis-hit Jet Airways stares at closure

Naresh Goyal submits EoI as crisis-hit Jet Airways stares at closure

Sat, Apr 13, 2019

Jet Airways, started by Naresh Goyal more than 25 years ago, seems to be on the brink of closure as the lenders’ consortium, led by State Bank of India, has so far failed to infuse the committed interim fund of Rs 1,500 crore to revive the airline.

Cheque bounce case: Big relief for this company! Court recalls its order

Cheque bounce case: Big relief for this company! Court recalls its order

Sat, Apr 13, 2019

In a cheque bounce case, the Madras High Court has recalled its order passed without hearing the accused. On Friday, the high court recalled the order, which was passed in an appeal under the Negotiable Instruments.

BIAL to raise Rs 10,200 crore for Bengaluru airport development: Where this money will be used

BIAL to raise Rs 10,200 crore for Bengaluru airport development: Where this money will be used

Fri, Apr 12, 2019

The BIAL, owned by Fairfax which holds more than 50% stake, has raised the fund from through loans from State Bank of India and Axis Bank.

Hot stock alert! This state-owned lender is set to rise by a whopping 22% - What share bazaar investors should know

Hot stock alert! This state-owned lender is set to rise by a whopping 22% - What share bazaar investors should know

Thu, Apr 11, 2019

Expert from Antique Stock Broking has given a buy rating with a target price of Rs 385 per piece. From the current level, SBI will make investors further richer, as it is expected to rise by over 22%.

HDFC Bank named India's No. 1 bank; Is your bank in this prestigious Forbes list? Find out

HDFC Bank named India's No. 1 bank; Is your bank in this prestigious Forbes list? Find out

Thu, Apr 11, 2019

In Forbes magazines' 'World's Best Bank' survey HDFC Bank emerged as India’s No 1 bank. the survey was done in partnership with market research firm Statista.

SBI vs HDFC Bank vs ICICI Bank vs BoB vs Axis Bank: Check IMPS charges levied by your bank

SBI vs HDFC Bank vs ICICI Bank vs BoB vs Axis Bank: Check IMPS charges levied by your bank

Thu, Apr 11, 2019

All private and public banks, approved by the Reserve Bank of India, can offer the IMPS for their customers.

Savings Account Balance Interest Rates Compared: Kotak Mahindra Bank vs SBI vs HDFC vs ICICI

Savings Account Balance Interest Rates Compared: Kotak Mahindra Bank vs SBI vs HDFC vs ICICI

Wed, Apr 10, 2019

Each of the public, as well as private sector banks, offer their customers a range of interest rates on the saving account balance.

SBI Online: How to change registered mobile number with SBI without visiting the bank

SBI Online: How to change registered mobile number with SBI without visiting the bank

Wed, Apr 10, 2019

SBI online services offer three options — Internet Banking, SBI ATMs and Phone Banking — to its account holder if they want to change the registered mobile number.

SBI Online user? You won't be able to do net banking if you don't submit this detail

SBI Online user? You won't be able to do net banking if you don't submit this detail

Wed, Apr 10, 2019

SBI customers must update their mobile number details for records in the bank system.

SBI cuts loan rates by 5 bps: 5 things you must know

SBI cuts loan rates by 5 bps: 5 things you must know

Wed, Apr 10, 2019

Country's largest public sector lender State Bank of India has followed its smaller peers to cut the lending rates by 5 basis points across all tenors with effect from April 10. This is the bank's first rate cut announcement since November 2017.

Banks reduce interest on home, auto loans post-RBI cut

Banks reduce interest on home, auto loans post-RBI cut

Tue, Apr 09, 2019

Within days of the Reserve Bank of India (RBI) lowering its key lending rate, state-run State Bank of India (SBI) on Tuesday reduced its benchmark marginal cost of funds based lending rate (MCLR) and home loan rates, effective from April 10.

SBI home loan interest rate cut by 10 basis points; here's how your EMIs will get cheaper

SBI home loan interest rate cut by 10 basis points; here's how your EMIs will get cheaper

Tue, Apr 09, 2019

When RBI policy repo rate cutshappen, borrowing from central bank becomes cheaper for lenders giving them room to reduce their lending rates.

SBI saving deposits rate cut by 25 bps; You will get just this much interest now

SBI saving deposits rate cut by 25 bps; You will get just this much interest now

Tue, Apr 09, 2019

Notably, any hike or cut in policy repo rate by RBI, will directly impact SBI’s saving deposits and short term loan interest rates.

How RBI rate cut to impact SBI saving deposits - What State Bank of India depositors should know

How RBI rate cut to impact SBI saving deposits - What State Bank of India depositors should know

Tue, Apr 09, 2019

SBI last month linked saving deposits, cash credit and overdraft above Rs 1 lakh with repo rate, while giving a breather to below Rs 1 lakh balance borrowers and depositors.

SBI puts NPAs worth Rs 424 crore on sale via auction

SBI puts NPAs worth Rs 424 crore on sale via auction

Tue, Apr 09, 2019

Kamachi Industries owes Rs 364.80 crore and SNS Starch has Rs 58.87 crore due - to SBI.

SBI Internet Banking: Still viewing old balance in your account? Do this

SBI Internet Banking: Still viewing old balance in your account? Do this

Tue, Apr 09, 2019

SBI Internet Banking: On some rare occasions, netbanking customers find their account not reflecting the current bank account balance.

SBI invites EoI to sell two dud accounts to recover Rs 423 crore

SBI invites EoI to sell two dud accounts to recover Rs 423 crore

Mon, Apr 08, 2019

Steel maker Kamachi Industries has an outstanding of Rs 364.80 crore while SNS Starch --which manufactures and exports various grades of starch -- owes Rs 58.87 crore to SBI.

Post Office Public Provident Fund: Is it different from PPF accounts offered by SBI, HDFC?

Post Office Public Provident Fund: Is it different from PPF accounts offered by SBI, HDFC?

Mon, Apr 08, 2019

Public Provident Fund (PPF): Reading online, you may have come across headlines like "Post Office Public Provident Fund", "SBI Public Provident Fund" or "HDFC Public Provident Fund" on websites publishing articles on personal finance.

SBI seeks bids for cash-strapped Jet Airways before April 10

SBI seeks bids for cash-strapped Jet Airways before April 10

Mon, Apr 08, 2019

Under the debt resolution plan approved by the Jet Airways' board on March 25, lenders have taken a majority stake in the airline and are set to infuse Rs 1,500 crore.

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