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Resolution soon on 7-8 stressed power assets worth Rs 17,000 crore: SBI MD
New Delhi: State Bank of India managing director Arijit Basu said on Friday that about 7-8 power sector projects worth Rs 17,000 crore are expected to be resolved soon as lenders are nearing consensus...
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SBI changes names, IFSC codes of nearly 1,300 branches post merger with...
New Delhi: As part of rationalisation post merger of six associate banks with itself, the country's largest lender SBI has changed names and IFSC codes of nearly 1,300 branches across the...
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Hop in on Aqua Line using mobile phone, use metro card to pay for bus,...
Noida: Users of the soon-to-be-opened Aqua Line that will connect Noida and Greater Noida will be able to use its smart card to also pay fares on city buses, parkings and even use it as a debit card...
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SBI, LIC Housing offer concessional home loan for flood-hit Kerala
SBI, LIC Housing Finance and Muthoot Home on Monday offered loans at concessional rate for repairing and renovation of homes to help people in flood-affected Kerala. State Bank of India (SBI) said it...
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SBI denies any laxity on its part in dealing with fugitive Vijay Mallya case
New Delhi: India's biggest lender SBI said Friday there was no laxity on its part in dealing with loan default by now defunct Kingfisher Airlines of fugitive liquor baron Vijay Mallya.The comments by...
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NPA provisions for banks may stay elevated till FY20: Report
Mumbai: Banks are witnessing a spurt in asset quality stress in the non-corporate segment and the overall loan loss provisions for lenders are expected to stay elevated till fiscal year 2019-20, a...
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SBI not right candidate to take over more banks: Chairman
New Delhi: The country's largest lender State Bank of India Thursday said it is not in a position to acquire more banks at the moment as it needs 2-3 years to see gains from the consolidation effected...
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Centre appoints Lokpal search panel; Prasar Bharti chief, ex-SBI head...
NEW DELHI: The Narendra Modi government on Thursday constituted an eight-member search committee, to be headed by former Supreme Court judge Justice Ranjana Prakash Desai, to recommend the chairperson...
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SBI reduces ATM cash withdrawal limit from Rs 40,000 to Rs 20,000 per day:...
New Delhi: The largest lender State Bank of India has reduced the ATM cash withdrawal limit from Rs 40,000 to Rs 20,000 per day, as per a financial daily report.The new cash withdrawal limit will come...
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SBI internet banking facility may be blocked if mobile number not linked...
New Delhi: India's largest lender State Bank of India (SBI) has said that customers will not be allowed to user internet banking facility if they fail to link their mobile phones with the bank before...
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Former SBI chief Arundhati Bhattacharya joins Wipro board as independent...
New Delhi: IT services major Wipro has announced that Former SBI chairperson Arundhati Bhattacharya has joined the company's board as an independent director.“Arundhati Bhattacharya, a widely acclaimed...
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From Wednesday, only Rs 20,000 can be withdrawn from SBI ATM in a day
New Delhi: The State Bank of India (SBI) has reduced the daily cash withdrawal limits for its Classic and Maestro Debit Card holders. The withdrawal limits have been reduced from Rs 40,000 to Rs 20,000...
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Eight of top-10 firms gain Rs 1.69 lakh crore in m-cap; TCS, SBI shine
New Delhi; Eight of the 10 most valued Indian firms together added Rs 1.69 lakh crore in market capitalisation last week, led by Tata Consultancy Services (TCS) and SBI.A strong broader market drove...
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SBI net profit slips 69% to Rs 576 crore in Q2
New Delhi: The country's largest lender SBI Monday reported 69 percent decline in consolidated net profit to Rs 576.46 crore in the second quarter ended September 30.The bank's net profit was Rs...
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Indian norms on PCA, capital are conservative, rule-based: SBI Report
Mumbai: Indian regulations on capital requirements, provisioning for sour assets and prompt corrective action (PCA) restricting regular activities by lenders are conservative and rule-based, SBI's...
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SBI hikes fixed deposit rates on select maturities
New Delhi: Country’s largest lender State Bank of India (SBI) has increased Domestic Term Deposits or Fixed Deposit (FD) rates for some select maturity periods with effect from Wednesday (November...
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Last day to link your mobile number with SBI a/c today, else internet banking...
New Delhi: India's largest lender State Bank of India (SBI) has said that customers will not be allowed to user internet banking facility if they fail to link their mobile phones with the bank before...
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EDs of nationalised banks eligible to become MD of SBI: Fin Min
New Delhi: In a major policy decision, the government has permitted executive directors (EDs) of nationalised banks to be selected as managing directors of the country's largest lender State Bank of...
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Badhir News: Special show for hearing impaired, 5th January, 2019
This is a special segment for hearing impaired which brings to you latest updates of the afternoon. Watch this video to know the latest news stories of the day.Domain: IndiaEnglish Title: Badhir News:...
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Lenders considering resolution plan for Jet Airways: SBI
Mumbai: State Bank of India (SBI) Thursday said lenders are considering a resolution plan for Jet Airways to ensure long-term viability of the debt-laden company.The SBI statement comes a day after the...
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