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Latest Articles in state bank of india

SBI Offers Concession, 50-100% Processing Fee Waiver Till 31 August

The concession is applicable on regular home loans, Nri, flexipay, non-salaried, privilege and Apon Ghar

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SBI Card Appoints Abhijit Chakravorty As MD,CEO

Chakravorty presently a Deputy Managing Director at SBI will replace Rama Mohan Rao Amara who will cease from his post on 11 August

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Two Bangladeshi Banks To Begin Rupee Transactions For Trade

State-owned Sonali Bank and Eastern Bank have opened "nostro" accounts in rupees with State Bank of India and ICICI Bank, officials from both banks said

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India To Raise Steel, Aluminium Exports By 35% As It Resolves 6 Pending Disputes At WTO

The recent state visit by PM Modi to the US and Egypt marks important development both in the economic and strategic plane as both are of vital importance for India’s development and position in the Indo-Pacific

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SBI Introduces Cardless Cash Facility For All Bank Users

With ‘YONO for Every Indian’, now any Bank customer will have access to UPI features like scan and pay, pay by contacts, request money, among others on YONO’s new avatar

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SBI Launches 34 Transaction Banking Hubs Nationwide

The inauguration was done by Dinesh Khara, Chairman, SBI, on the occasion of the 68th foundation day of the bank

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SBI CFO Charanjit Surinder Singh Attra Resigns

SBI in its filing to stock exchanges confirmed accepting Attra’s resignation with effect from the closing of business hours on 30 June 2023

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Axis Bank, SBI To Discuss Bid For Maharashtra Power Company By Little-known ARC

The Reserve Bank of India (RBI) had previously issued a show cause notice (SCN) to CFM ARC due to questionable business practices, putting its license in jeopardy

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Rs 2,000 Notes Withdrawal To Boost Deposits, Consumption: SBI Research

The objective of introducing Rs 2,000 banknotes was met once banknotes in other denominations became available in adequate quantities

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Not Much Impact On Liquidity Owing Rs 2,000 Notes' Withdrawal: SBI

The total supply of the securities including G-sec, SDL and T-bills is around Rs 17.65 lakh crore, according to the SBI report

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Holdings Waiver Unlikely For Mutual Funds after HDFC Bank- HDFC Merger: Report

The merger, expected to be finalised in the coming weeks, aims to establish India's second-largest financial institution by assets, trailing the State Bank of India

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SBI Expects Average CPI Inflation In FY24 To Be At 4.9% From To 6.7% In FY23

India's core CPI increased marginally to 5.15 per cent in May as compared to 5.12 per cent in April, but is still below the one-year average of 5.9 per cent.

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SBI To Raise Up To Rs 50,000 Cr In Debt In FY24

SBI will raise the funds in rupee or any other convertible currency by issuing debt instruments, including long-term bonds, Basel III-compliant Additional Tier-1 (AT-1) bonds and Tier-2 bonds, the bank said in an exchange filing

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Overall Deposit Growth In FY24 To Grow Over 11% YoY: SBI

Around 85 per cent of the Rs 2000 notes are deposited in bank accounts and not exchanged for smaller denominations

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MSP Should Be Converted To Floor Price Of Auction On E-NAM: SBI

The union cabinet has approved an increased minimum support price (MSP) for Kharif crops for marketing season 2023-24

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