If you have any important bank-related work in the month of July, then here's something important for you. Banks across India are likely to remain closed for up to 15 days in July.
In a video tweet, SBI has said that people should not share personal details on social media platforms. Similarly, they should also not share vaccination certificates or any document that contains personal details.
The contraction of GSDP at current prices is likely to be 2.5 per cent in FY 22. The SBI forecast is the loss to GSDP in the second wave will be less than the first wave. However, the report finds high order of stress in the household sector
As the second wave of Covid-19 and the resultant restrictions again cripple economic activities, the State Bank of India (SBI) has revised India's growth outlook downwards for the current financial year.
The State Bank of India (SBI) has increased the cash withdrawal limits through cheques and withdrawal forms for its customers at non-home branches.
India would be able to achieve herd immunity only after October, and the country needs to drastically scale up its vaccination drive, a SBI Ecowrap report said on Friday.
Bhubaneswar: The main branch of State Bank of India (SBI) has been sealed for four-day starting today after detection of more number of Covid-19 positive cases. “To contain the further…
Bhubaneswar: The internet is filled with scammers and aspirant job seekers are always ‘easy prey.’ Despite several awareness campaigns, many youths get duped and end up losing money to various tricks of the cybercriminals who are on the prowl round-the-clock. Recently, the State Bank of India (SBI) urged job seekers to beware of fake job […]
Bhubaneswar: Ever got an SMS regarding enticing loan offer on your mobile phone? Think twice before clicking such links as it could be a trap set up by cyber fraudsters. The State Bank of India (SBI) has warned its users to be extra vigilant about various ‘Instant Loan Apps’, the links of which are easily […]
Bhubaneswar: With cyber fraudsters on the prowl for their next targets round-the-clock, people need to be extra cautious while doing all their monetary transactions online as well as at various ATM kiosks. The State Bank Of India (SBI) has released important safety tips for users to keep their ATM debit card and PIN ‘protected’. The […]
Balasore: Unidentified miscreants decamped with Rs 2.5 lakh from a person who was on his way to deposit the cash in AXIS Bank at Nilagiri of Balasore district on Thursday. As per reports, the miscreants looted the cash from one Purnachandra Mohapatra who had withdrawn the money from State Bank of India (SBI). “I had […]
Bhubaneswar: The State Bank of India (SBI), in the XV Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorised Branches from January 1, 2021. The Electoral Bonds shall be valid for fifteen (15) calendar days from the date of issue and no payment shall be made to any […]
Dhenkanal: Of late, there has been a spike in loot of cash from the Automated Teller Machines (ATM) in different parts of the State. Blame it on lack of security or other adequate measures, the ATM kiosks in Odisha have now become soft targets of robbers. On December 15, some miscreants broke into an ATM […]
New Delhi: WhatsApp Pay on Wednesday announced it is now live with State Bank of India, HDFC Bank, ICICI Bank and Axis Bank for its up to 20 million users in India. After two years of waiting, Facebook-owned WhatsApp payment service received approval from the National Payments Corporation of India (NPCI) in November to go […]
New Delhi: Dinesh Kumar Khara on Wednesday took charge as the new Chairman of the State Bank of India (SBI) for a period of three years. He succeeds Rajnish Kumar, whose term ended on October 6. Khara was appointed the Chairman on Tuesday. Prior to his new role, he was Managing Director, Global Banking & […]
New Delhi: To enlarge retail loans and online business, lending major SBI on Monday announced a 100 per cent waiver in the processing fee for “Car, Gold, and Personal loans” availed through its integrated digital banking platform – YONO. “The bank is offering the lowest interest rate starting from 7.5 per cent to customers opting […]
Bhubaneswar: Employees of a bank here were in for a shock when they found that a 4-feet-long cobra had slithered into the strong room at their IMMT branch in Bhubaneswar, officials said on Saturday. The snake was rescued from the SBI strong room at the Institute of Minerals and Materials Technology on Friday. A member […]
Cuddalore: 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 retired SBI employees, had readied fake seals and challans of the public sector lender and had […]
New Delhi: In a major restructuring exercise, the State Bank of India (SBI), the largest lender of the country, has created a separate FI&MM vertical within the Bank with an exclusive focus on Financial Inclusion & Micro markets in rural and semi-urban areas to improve customer experience in the hinterland. Under this, the Bank will […]
Chennai: The amalgamation of 10 public sector banks into four has been working smoothly for the past two months without any heartburns as the employee benefit schemes have been extended to all the employees, said a top official of All India Bank Employees’ Association (AIBEA). The AIBEA is the largest union in the banking sector […]
New Delhi: Three promoters of Ram Dev International, recently booked by the CBI for allegedly cheating a consortium of six banks to the tune of Rs 411 crore, have already fled the country before the State Bank of India reached the agency with the complaint, officials said on Saturday. The CBI had recently booked the […]
Mumbai: Lending major State Bank of India (SBI) on Tuesday has announced to cut the savings account deposit rates by 25 Basis Points (BPS) and has reduced the marginal cost of funds-based lending rate (MCLR) by 35 BPS across tenors. As per the revised rates, the existing rate of interest for savings bank account deposits […]
Puri: A day after Yes Bank remitted Rs 389-crore fixed deposit account of Shree Jagannath Temple Administration in Puri, to State Bank of India, the admin today revealed that Srimandir funds will be kept in Union Bank of India (UBI). Informing the same, SJTA administrator (development) Ajay Kumar Jena said that both the Lord Jagannath […]
Bhubaneswar: Hours after Yes Bank resumed its operations, the private sector lender remitted Rs 397 crore to designated SBI account of Jagannath Temple Corpus Fund at Puri Main Branch. Earlier, restrictions on withdrawal of funds from Yes Bank had kicked off a political storm in Odisha. Informing about the development in a letter to Krishan […]
With normal banking services in Yes Bank to resume at 6 p.m. on Wednesday, the private sector bank’s administrator and new investors assured all deposit holders that their savings in the bank were absolutely safe and customers would have much better experience when they resume usual interaction with the lender. “There is no need to […]