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SBI cuts benchmark lending rate by 15 bps, introduces special deposit scheme...

New Delhi: The country’s largest lender State Bank of India on Thursday slashed benchmark lending rate by 0.15 basis points, and introduced special deposit scheme for senior citizens with higher...

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India's GDP growth for Q4 FY20 estimated at 1.2%: Report

Mumba: The country's GDP is estimated to have grown at 1.2 per cent in the last quarter of the previous fiscal as economic activity came to a standstill in the last week of March due to the nationwide...

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SBI, ICICI Bank cut savings deposit rates – Check new rates

Mumbai: The country's largest bank State Bank of India (SBI) and second largest private sector lender ICICI Bank have reduced interest rates on savings bank deposits by 5 basis points and 25 basis...

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SBI Q4 net profit jumps four-fold to Rs 3,581 crore

New Delhi: State Bank of India on Friday posted over four-fold jump in standalone net profit at Rs 3,581 crore for March quarter, 2019-20 mainly on account of stake sale in its credit card subsidiary...

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Home loan to get cheaper as SBI to cut MCLR by 25 bps from June 10

Mumbai: The country's largest lender State Bank of India (SBI)  has announced that it will reduce marginal cost of fund based lending rate (MCLR) by 25 basis points across all tenors from June 10...

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SBI looking for CFO, annual package up to Rs 1 crore, three times more than...

New Delhi: The country's largest lender State Bank of India (SBI) has invited applications from candidates for the post of Chief Financial Officer (CFO) offering upto Rs 1 crore annual package, three...

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CBI books Indore firm, directors for cheating SBI of Rs 180 crore

New Delhi: The Central Bureau of Investigation (CBI) on Wednesday registered a case against an Indore-based firm and its directors and others for defrauding State Bank of India to the tune of Rs 180.15...

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Fitch revises outlook of SBI, 8 other banks to negative

New Delhi: Fitch Ratings on Monday said it has revised the outlook to negative from stable of nine Indian banks, including State Bank of India, ICICI Bank and Axis Bank, following lowering of India's...

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SBI SO Recruitment 2020: Over 400 vacancies announced; check job details,...

New Delhi: State Bank of India has announced notifications for the recruitment of specialist cadre officers on both regular and contract basis.SBI has announced more than 400 vacancies for various...

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SBI customer warning! 2 million users may be at risk of phishing attacks in...

New Delhi: The State Bank of India has said that it is suspecting that 2 million users could come under possible cyber attack by online crooks using 2 the COVID-19 bait in major cities like Delhi,...

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Man held for opening ‘duplicate’ SBI bank branch in Tamil Nadu

An alleged attempt by a 19-year-old man to "open a branch of the State Bank of India" at Panruti near here was scuttled and he was arrested for forgery, police said here on Saturday.The man, son of...

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Tips for SBI account holders: Here’s how to stay safe and what to do in case...

New Delhi: Amidst rising cases of banking frauds, it is imperative that every customers should use optimum caution while doing transactions. However, despite taking precautions, sometimes these...

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IRCTC SBI Card on RuPay platform launched: Indian Railways passengers can...

New Delhi: Indian Railway Catering and Tourism Corporation Ltd (IRCTC) and SBI Card on Tuesday launched the IRCTC SBI Card on RuPay platform which is aimed at rewarding frequent railway travellers.The...

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SBI Q1 profit surges by 81% to Rs 4,189 crore

New Delhi: The country's largest bank SBI on Friday posted 81 per cent jump in standalone net profit to Rs 4,189.34 crore for the first quarter, aided by decline in bad loan and sale of minority stake...

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No charges for SMS service, non-maintenance of monthly average balance for...

New Delhi: Bringing relief for lakhs of customers, India’s largest lender State Bank of India has announced that now customers will not have to pay charges for SMS service and non-maintenance of...

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SBI ATM to reach your doorsteps, just make a call or send WhatsApp and get cash

New Delhi: In what could bring relief to several State Bank of India (SBI) account holders, the India’s largest lender has introduced doorstep SBI ATM service for its customers. All you need to do is...

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IRCTC SBI Card on RuPay platform launched: Check benefits and how to apply

New Delhi: Indian Railway Catering and Tourism Corporation Ltd (IRCTC) and SBI Card has launched the IRCTC SBI Card on RuPay platform which is aimed at rewarding frequent railway travellers.The card...

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Plan to recruit 14,000 staff this year; VRS not cost-cutting exercise, says SBI

New Delhi: The State Bank of India (SBI) on Monday said it proposes to recruit 14,000 employees during the current year and its 'on tap VRS' is not a cost-cutting exercise. The country's largest lender...

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SBI raises Rs 4,000 cr through additional tier 1 bonds

Mumbai: The country's largest lender State Bank of India (SBI) on Wednesday said it has raised Rs 4,000 crore through the issuance of Basel III compliant debt instruments.The Committee of Directors for...

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SBI cuts interest rates on fixed deposits on select tenors –Check out FD...

New Delhi: The country's largest lender State Bank of India (SBI) has reduced interest rates on select tenors of fixed deposits with effect from 10 September.SBI had reduced in fixed deposits interest...

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