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Banks give up on Jet Airways revival, choose to send it to NCLT
Mumbai: State Bank of India-led consortium of lenders Monday decided to send the grounded Jet Airways to the National Company Law of Tribunal (NCLT) as they have not yet received any concrete proposal...
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Jet Airways: Pilots, engineers unions want to be made parties in NCLT hearing
New Delhi: Jet Airways pilots, engineers unions, and two Dutch logistics vendors of the cash-strapped airline want to be made parties in the the National Company Law Tribunal (NCLT) hearing scheduled...
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SBI to have lead bank responsibility in three new districts in Telangana, MP
Mumbai: The Reserve Bank has assigned lead bank responsibility to the SBI for three new carved out districts in Telangana and Madhya Pradesh.Telangana government had notified about the formation of two...
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State Bank of India waives off IMPS, NEFT, RTGS charges
New Delhi: The country's largest lender State Bank of India (SBI) has waived off for YONO, internet banking and mobile banking customers.While waiver of charges for NEFT, RTGS transaction for YONO,...
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Fire breaks out SBI building on Sansad Marg, later doused
New Delhi: A fire broke out at State Bank of India (SBI) building on 11 Sansad Marg in Connaught Place on Wednesday morning. Twelve fire tenders were rushed to the spot to douse the fire. The blaze was...
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SBI YONO app down since morning, customers take to Twitter to lodge greviances
New Delhi: The State Bank of India's YONO mobile app as well as the web portal has been down since Monday morning (July 22), with several customers complaining that they have been unable to log in to...
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SC to hear Vijay Mallya’s plea challenging confiscation of properties on...
New Delhi: The Supreme Court will hear absconding liquor baren Vijay Mallya's plea seeking a stay on the confiscation of properties owned by him and his family membersMallya said on Saturday approached...
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SBI cuts deposit rates, keeps lending rates unchanged
Mumbai: The State Bank of India (SBI) cut interest rates on deposits across all maturities on Monday but analysts said it would take time for the country`s largest bank to make matching cuts in its...
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State Bank of India registers Q1 net profit of Rs 2,312 crore
New Delhi: India's largest lender State Bank of India (SBI) registered a net profit of Rs 2,312 crore for the first quarter ending June 30, 2019 as against net loss of Rs 4,876 crore during the same...
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State Bank of India cuts home loan interest rates across all tenors
New Delhi: Hours after the Reserve Bank of India (RBI) cut the benchmark lending rates, India's largest lender State Bank of India (SBI) announced reduction in its home loan interest rates across all...
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SBI announces processing fees waiver on car loans, lower housing EMIs during...
Mumbai: State Bank of India (SBI) on Tuesday announced bouquet of special offerings for the festive season for retail banking customers.Customers can avail attractive and cheaper loans with added...
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Q1 bank loan growth fell 1.2% due to low interest income: Report
Mumbai: Broking firm Centrum has said overall loan growth for banks in the first quarter ending June dropped 1.2 per cent quarter-on-quarter (QoQ) led by modest net interest income (NII) and a sharp...
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State Bank of India cuts FD, home loan interest rates across all tenors
New Delhi: India's largest lender State Bank of India (SBI) announced reduction in its home loan interest rates across all tenors by reducing the MCLR by 10 bps across all tenors.The 1 year MCLR would...
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SBI opens new branch in Ladakh's Diksit at 10,400 feet
Ladakh: India's largest lender, State Bank of India (SBI) on Saturday opened its branch in the newly-formed Union Territory of Ladakh in Ladakh's Diksit, which is located at 10,400 feet above the sea...
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Air India Assets Holdings' Rs 7,000 cr bonds oversubscribed
New Delhi: Air India Assets Holdings Ltd (AIAHL), the special purpose vehicle of Air India for transferring part of its debt and assets, on Monday raised Rs 7,000 crore through bonds issue.The issue...
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All SBI floating rate loans to be linked to repo rate from October 1
Mumbai: Country’s largest lender State Bank of India (SBI) will switch to Repo Rate as the external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019,...
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Sale of Electoral Bonds at authorised SBI branches from Tuesday
The government on Monday announced the 12th phase of the sale of electoral bonds that could be used to make donations to political parties, ahead of the Maharashtra and Haryana Assembly elections. The...
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SBI cuts lending rates by 10 bps, retail loans to get cheaper
New Delhi: The State Bank of India (SBI) on Wednesday announced lowering its marginal cost of funds based lending rate (MCLR) by 10 basis points across all tenors to 8.05 per cent from October 10. The...
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DNA: Non Stop News, 6th November 2019
This segment of DNA brings to you important stories of the day. Watch this video for more info.Domain: IndiaEnglish Title: DNA: Non Stop News, 6th November 2019Home Title: DNA: Non Stop News, 6th...
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SBI to discontinue magnetic strip ATM-cum-debit cards from January 1, 2020
NEW DELHI: The State bank Of India (SBI), which is the country's biggest private sector lender, will discontinue its old magnetic strip-based credit and debit cards from January 1. Through a tweet, the...
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