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See normalcy in banking system by February-end: SBI Chairperson

Mumbai: After a New Year gift of 0.9 percentage point cut in lending rates, State Bank of India (SBI) Chairperson Arundhati Bhattacharya on Monday said she saw normalcy return to the banking system by...

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Home, auto loans cheapest in 6 years as SBI, PNB, ICICI cut lending rates by...

Banks have announced sharp cuts to their lending rates after a recent surge in deposits, raising hopes that lower borrowing costs will help spark credit growth in Asia`s third-largest economy.Lenders'...

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SBI pushes merger of 5 associate banks, BMB to next fiscal

Mumbai: State Bank chairperson Arundhati Bhattacharya Monday hinted that the mega merger of its five associate banks and Bharatiya Mahila Bank (BMB) could be pushed to the next financial year as it is...

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Big relief to old customers of SBI

Big relief to old customers of SBI. Watch this special segment and get to know more here.Zee Business is one of the leading and fastest growing Hindi business news channels in India. The channel has...

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Vijay Mallya Case: DRT reserves order on banks plea for dues recovery

Bengaluru: The Debt Recovery Tribunal here has reserved its order on the pleas of SBI-led consortium of banks for recovery of over Rs 9,000 crore from beleaguered liquor baron Vijay Mallya in the...

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Bodyguard of Samajwadi Party MLA Irfan Solanki 'mysteriously' gets nearly Rs...

Kanpur: A bodyguard of Samajwadi Party MLA saw in shock when he saw Rs 100 crore in his account.The gunner - Ghulam Jilani - of SP MLA from Kanpur - Irfan Solanki - was left flabbergasted when he found...

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SBI says home-loan queries jump three-times since rate cut

Hyderabad: State Bank of India (SBI) is leaving no stones unturned to kick-start the credit offtake, and last week's steep 0.90 bps lending rate cut has resulted in a huge number of enquiries,...

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Debit card transactions: SBI waives MDR charges for small merchants for one year

New Delhi: Country's largest lender SBI has waived Merchant Discount Rate (MDR) on debit card transactions for all small merchants with annual turnover of up to Rs 20 lakh for one year.This, SBI said,...

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Bank of Baroda offers lowest home loans rates at 8.35%

Mumbai: State-run Bank of Baroda on Monday reduced home loan rates by 70 basis points to the industry's lowest level of 8.35 percent that will be applicable for customers having a strong Cibil...

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Vijay Mallya seeks 3 weeks time to file reply over deposit of $40 million...

New Delhi: Absconding liquor baron Vijay Mallya on Wednesday sought 3 weeks time to file reply to SBI led consortium of banks who sought deposit of amount of 40 million dollars before the Supreme...

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Rating agencies assign investment grade to SBI bond programme

New Delhi: Rating agencies have accorded investment grade to the proposed USD 500 million bond raising programme of the country's largest lender SBI.Moody's has assigned a Baa3 rating to SBI's proposed...

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Vijay Mallya Rs 9,000 crore loan case: DRT to pronounce its final verdict...

New Delhi: The fate of beleaguered liquor baron Vijay Mally in the Rs 9,000 crore loan case will be decided on Thursday when the Debt Recovery Tribunal will pronounce its order on the pleas of SBI-led...

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Govt to infuse Rs 1,894 crore capital in State Bank of India

New Delhi: The government, which is infusing Rs 1,894 crore capital into State Bank of India, has asked the country's largest lender to take necessary regulatory approvals for the fund infusion.This is...

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Seventh Pay Commission: SBI releases Rs 3,323 crore to Defence Pensioners

New Delhi: State Bank of India (SBI) on Monday said it has released arrears to the tune of Rs 3,323.24 crore of around 9.94 lakh defence pensioners under the 7th Pay Commission on December 29.SBI in a...

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SBI Q3 profit jumps 71% to Rs 2,152 crore

Mumbai: Country's largest lender State Bank of India today posted a 71 percent rise in consolidated net profit at Rs 2,152.2 crore for the third quarter ended December 31, 2016.The bank had reported a...

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Must watch: 10 big highlights of SBI merger with associate banks

10 big highlights of SBI merger with associate banks. Watch this special segment and get to know more here. Zee Business is one of the leading and fastest growing Hindi business news channels in India....

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No major impact on Indian banks in UK post-Brexit: SBI UK chief

London: There will be no major impact on Indian banking operations in the UK post-Brexit and the British capital will continue to be the global "financial hub", according to the UK chief of State Bank...

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Cash handler held over toy notes in SBI ATM

New Delhi: Indian police have arrested a cash handler after notes in a state bank ATM were replaced with children`s toy bills, an officer said Friday.Mohammad Isha is accused of stealing the real cash...

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After Delhi, SBI ATM in Uttar Pradesh dispenses Rs 2,000 note

Shahjahanpur: A scanned copy of Rs 2,000 note was dispensed by a State Bank of India (SBI) ATM in Shahjahanpur, Uttar Pradesh on Thursday evening.This happened barely days after a SBI ATM in Delhi...

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SBI announces penalty for non-maintenance of minimum balance from April 1

New Delhi: Making it compulsory for account-holders to maintain a minimum balance, the State Bank of India (SBI) said on Thursday said it will be charging defaulters a penalty from April 1...

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