Tag: Sbi

Mumbai: The Reserve Bank of India (RBI) on Monday announced it has added private lender HDFC Bank to its list of “domestic systemically important banks” (D-SIBs) considered too big to fail. “In addition to the SBI (State Bank of India) and ICICI Bank, which continue to be identified as Domestic Systemically Important Banks (D-SIBs), the […]

Ahmedabad: The Gujarat High Court on Monday dismissed Essar Steel’s writ petition challenging the RBI directive to a consortium of banks led by the SBI to initiate insolvency proceedings against the company for its high non-performing assets. Justice S.G. Shah issued an oral order stating that no relief could be granted to the steel major. […]

Mumbai: The RBI needs to print an additional Rs 1.15 lakh crore-worth of currency notes to reach a level of optimal remonetisation, with Rs 13.12 lakh crore already in circulation as on March 24, the State Bank of India (SBI) said on Friday. “We believe Reserve Bank of India (RBI) should only print Rs 1.15 lakh […]

Chennai: Contrary to its earlier stand of infusing fresh capital in strong banks, the central government has decided to infuse fresh capital totalling Rs 8,586 crore into 10 weak banks subject to commitment to quarterly milestones by bank boards, management, employees and unions, said a top leader of All India Bank Employees’ Union (AIBEA). He also […]

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.

Bhubaneswar: With rise in personal disposable income post 7th Pay Commission, the income tax exemption limit needs to be raised by Rs 50,000 to Rs 3 lakh, a SBI report said on Monday. The move will benefit around 75 lakh people, it said. The SBI’s Ecowrap report further said that if the exemption limit of […]

Mumbai: Noting that the economy has been on a downslide since September 2016, SBI Research today said the slowdown is real and not technical and called for more public spending to arrest the slide. “We certainly believe that we are in a slowdown mode since September 2016 and a slowdown that has been prolonged to […]

New Delhi: State Bank of India (SBI) said it is reviewing charges for certain categories of accounts for non- maintenance of monthly average balance (MAB) after receiving feedback from customers. In April this year, the countrys largest lender reintroduced charges on non-maintenance of monthly average balance (MAB) after a gap of five years. “We have […]

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.

Bhubaneswar: Fire broke out on the third floor of the office building of State Bank of India (SBI), Bapuji Nagar branch in Bhubaneswar in the early hours of Saturday. Two units of fire brigade including 12 officials rushed to the spot after getting information and managed to douse the flames after an hour of fire […]

India's largest bank, the State Bank of India (SBI) Friday said it has signed a loan agreement of 100 million euros with European Investment Bank (EIB), the European Union's non-profit long-term lending institution

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

New Delhi: Every month, the country’s largest lender-State Bank of India (SBI) offers a fixed number of ATM transactions with no additional charge and the account holders who exceed the mandated number of transactions are charged a fee ranging from Rs 5 and above. However, there are a few account holders who will be exempted […]

Looking for an opportunity to work with State Bank of India? The SBI has invited online application from Indian citizens for recruitment of Specialist Cadre Officer on contract basis across verticals in SBI. Candidates are requested to apply On-line through the link given in Bank’s website https://bank.sbi/careers or https://www.sbi.co.in/careers. While the last date for the […]

Don’t miss the opportunity if you are desperate for a job in the banking sector? In what could be the final call for one of the major recruitment this month, the State Bank of India (SBI) had released a recruitment notification for the positions of Specialist Cadre Officers in the largest public sector bank’s branches […]