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Lenders to auction two Kingfisher Airlines properties on March 6
Mumbai: Kingfisher Airlines' two prime assets, Kingfisher House in the city and Kingfisher Villa in Goa, will be auctioned on Monday by banks to recover their loans to the long-defunct airline started...
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Pay more for cash transactions at SBI, ICICI, HDFC and other banks: Know details
New Delhi: The large banks in the country including market leader State Bank of India(SBI) have hiked cash transaction charges on deposits and withdrawals, leading to costlier banking.This is...
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SBI to hike minimum balance for savings a/c; hit 31 crore people
New Delhi: State Bank of India has decided to increase manifold the minimum balance required for maintaining savings account from April 1, hitting 31 crore depositors including pensioners and...
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Govt asks SBI to reconsider imposing penalty on non-maintenance of minimum...
New Delhi: Government on Monday asked SBI to reconsider imposing penalty on non-maintenance of minimum balance and cash withdrawal charges from April 1, PTI reported quoting sources.State Bank of India...
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SBI justifies penalty on non-maintenance of minimum balance in savings a/c;...
Mumbai: Facing a backlash for levying penalty on non-maintenance of minimum balance in accounts, SBI on Wednesday justified its move saying the bank needs to impose some charges to balance the "burden"...
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ICICI Bank, SBI, StanChartered top bank frauds list: RBI
New Delhi: ICICI Bank topped the list of banks that witnessed most number of frauds during April-December period of 2016 with state-owned SBI taking the second spot, RBI data said.During the first nine...
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Top six companies pull ahead on m-cap, add Rs 30,505 crore
New Delhi: Top six Indian companies added a total of Rs 30,505.3 crore in market valuation last week, with IT biggie TCS walking away with the biggest slice.While TCS, RIL, HDFC Bank, ITC, HDFC and SBI...
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Repair rural household economy to sustain growth: SBI chief
Mumbai: Calling for focussing on farm sector growth to sustain higher overall growth, the State Bank of India on Friday said revival in credit demand will stay low until the balance sheets of the rural...
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Bharatiya Mahila Bank to merge with SBI
New Delhi: The government on Monday said it has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) to ensure greater banking services outreach to more women."The...
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Bharatiya Mahila Bank to be merged with SBI from Apr 1
New Delhi: Bharatiya Mahila Bank (BMB) will be merged with the country's largest lender State Bank from April 1 to ensure greater banking outreach to women."It (merger) shall come into effect on April...
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Top four companies lose Rs 26,738 crore in market cap last week
New Delhi: The combined market valuation of four of the top-10 most valued Indian companies declined by Rs 26,738.39 crore last week, led by IT major TCS. TCS, RILBSE 0.95 %, InfosysBSE -0.85 % and...
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Five associate banks, BMB merge with SBI
New Delhi: Five associates and the Bharatiya Mahila Bank became part of the State Bank of India (SBI) on Saturday, catapulting the country's largest lender to among the top 50 banks in the world.State...
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SBI new rules come to effect from today – Know all about minimum balance...
New Delhi: After a gap of five years, State Bank of India has decided to reintroduce penalty on non-maintenance of minimum balance in accounts from April 1, and revised charges on other services,...
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M-cap windfall for top 7 companies, investors richer by Rs 45,956 crore
New Delhi: Investors in top seven Indian companies saw their fortune grow by a cumulative Rs 45,955.51 crore last week, with SBI and RIL handing the maximum gains.Barring ITC, ONGC and Infosys, the...
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SBI sees cost savings, no bad loans surprise after merger with units
Mumbai: State Bank of India, the nation`s top lender by assets, expects no nasty surprises on bad loans after merging five subsidiary banks with itself at the weekend in a deal that will help it save...
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SBI cuts base rate by 15 bps, with effect from April 1
Mumbai: Bringing cheer to customers who have raised loans prior to April 1, 2016, the largest public lender State Bank of India (SBI) cut its base rate by 15 basis points (bps) to 9.10 per cent with...
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SBI hikes minimum balance for savings a/c, other charges
New Delhi: SBI has started charging more from its millions of account holders, including those of the 6 lenders merged with it this month, for not maintaining minimum balance as well as for services...
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Moody's retains rating on SBI's senior unsecured notes
Chennai: Global credit rating agency Moody`s Investors Service said it has retained its rating for State Bank of India`s (SBI) senior unsecured notes after the issue size was increased by $100 million...
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Rs 5,000 minimum balance requirement: SBI starts deducting charges; cheque...
New Delhi: New Delhi: After a gap of five years, State Bank of India has decided to reintroduce penalty on non-maintenance of minimum balance in accounts from April 1, and revised charges on other...
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Vijay Mallya's extradition: UK Chancellor says 'proper for ministers to...
New Delhi: United Kingdom Chancellor of Exchequer P. Hammond on Tuesday said that extradition request for liquor baron Vijay Mallya has been made by India, adding it will be proper for the concerned...
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