Women who foiled Gurugram bank robbery rewarded
Gurugram: Gurugram Police Commissioner Sandeep Khirwar on Wednesday honoured and rewarded two women, who on Monday bravely fought off two armed men trying to rob an SBI money transfer centre.Police on...
View ArticleSBI unveils new branding after merger of 6 entities
New Delhi: State Bank of India (SBI) on Wednesday unveiled its new brand identity, designed to position the bank as technology savvy, modern and ready to meet financial needs of all.In recent years,...
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Vijay Mallya's Kingfisher Villa in Goa sold for Rs 73 crore finally
New Delhi: Vijay Mallya's Kingfisher Villa in Goa has been finally sold for Rs 73 crore after many failed attempts.As per media reports, the purchase of sea-facing property in Candolim has been made by...
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Govt asks PSBs to finalise next wage revision before Nov 1
New Delhi: The finance ministry has asked the heads of public sector banks to finalise the modalities for timely implementation of the next pay revision from November.There are 21 public sector banks,...
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BMB proved costly to run, merger with SBI to serve more people
New Delhi: Bharatiya Mahila Bank that served only women customers turned out to be a costly affair in view of its limited outreach but now its merger with SBI will help reach out to a wider clientele...
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Digital India: SBI targets transactions worth Rs 1 lakh crore
New Delhi: Country's largest lender SBI on Friday said it aims to reach 5.2 lakh Acceptance Touch Points and collectively do Rs 1 lakh crore transaction in 2017-18 to take forward government's digital...
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Finance Ministry expects 6 banks to raise funds via FPO as market improves
New Delhi: Stock prices on the mend, the Finance Ministry will nudge at least six public sector banks to hit markets to raise funds and ease the pressure on the exchequer of pumping in capital as per...
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Sebi may allow investors to buy mutual fund via digital wallet
New Delhi: Markets regulator Sebi is looking to allow investors to buy mutual funds worth up to Rs 50,000 through digital wallets to make it easier for investors to purchase these instruments,...
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SBI, CREDAI ink MoU for concessional loan for housing projects
New Delhi: State-owned SBI and realtors' body CREDAI have signed an agreement to provide loans at a concessional rate to builders as well as customers for affordable housing projects.SBI and CREDAI...
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SBI Card slashes fuel surcharge to 1%
New Delhi: SBI Card on Wednesday slashed surcharge on fuel to 1 percent from 2.5 percent. The company with 4 million customers has done in line with overall reduction affected by oil marketing...
View ArticleDLF ties up with SBI for housing projects in Gurugram
New Delhi: Realty major DLF and SBI have tied up to provide preferred treatment to their customers in loans and pricing for housing projects in Gurugram.DLF and SBI have signed a memorandum of...
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Govt keen to push ahead with more PSB consolidation
New Delhi: Fresh from the successful merger of five associates with SBI, the government is looking to consolidate more public banks going forward, with an aim to create only a few lenders of global...
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Seven of top 10 companies add Rs 49,642 crore in mcap
New Delhi: Seven of the 10 most valued listed companies together added Rs 49,642.58 crore in market valuation last week, with HDFC Bank stealing the show with the maximum gain.Except RIL, TCS and...
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Only 6.25% interest on FD: SBI reduces term deposit rates by up to 0.50%
Mumbai: Country's largest lender State Bank of India has cut its term deposit rates by up to 50 basis points for various maturities.The rates have been revised for medium and long term deposits and for...
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SBI cuts affordable home loan rates by 0.25%; lowest in market
New Delhi: India's largest lender SBI on Monday announced a steep interest rate reduction of up to 0.25 percent for affordable housing loans, offering 8.35 percent to new women borrowers.Under the new...
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Sensex gets back on feet, Nifty takes 9,300 on buying push
Mumbai: The flagship Sensex witnessed a mild recovery on Monday while the Nifty took back the key 9,300 level on the back of uninterrupted buying by domestic investors even as their foreign...
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Ordinance on bad loans aims at maximum recovery for banks: SBI
New Delhi: The State Bank of India on Monday said that it will help to maximise recovery for the banking system."This is a very welcome move, because it will hopefully help make decisions in a...
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SBI to raise funds via FPO, QIPs; to appoint 6 merchant bankers
New Delhi: Country's largest lender SBI on Tuesday said it plans to raise funds through follow-on public offer and institutional placement in the current fiscal and has sought applications from...
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SBI to make changes in Service Charge once again
SBI to make changes in Service Charge once again. Zee Business is one of the leading and fastest growing Hindi business news channels in India. The channel has revolutionized business news by its...
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Shocking! You will have to pay more than Rs 50 on cash withdrawal from SBI
New Delhi: The State Bank of India (SBI) will charge the customers after 4 ATM transactions while charges would also be levied for exchange of old and sullied notes above Rs 5,000.The revision in...
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