Tag: Sbi

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.

Mumbai: Lending major State Bank of India (SBI) has rebutted reports that data of its customers got leaked. “In the incident that has been highlighted, the investigation has revealed that SBI’s servers remained fully protected and there was no breach at this end,” the bank said in a statement. According to the bank, the incident […]

Bengaluru: State Bank of India (SBI) Chairman Rajnish Kumar on Monday said he favours Direct Benefit Transfers (DBT) for farmers instead of farm loan waivers. “We are in the last leg of loan waivers in India. The country is now moving towards DBTs after Telangana first implemented it,” Kumar told reporters on the margins of […]

Mumbai: The country’s largest lender, State Bank of India (SBI), has effected the process for transmission of low interest rates to its borrowers and depositors. In a late Friday decision, the bank announced that it has it linked interest rate on savings account with a balance above Rs 1 lakh and short-term loans to the […]

New Delhi: Odisha is the best performing state in eastern India in terms of Human Development Index (HDI) improvement, according to a report published by the State Bank of India (SBI). The eastern state is also among the top ten performing states in terms of HDI improvement in the country. Propelled by high economic growth, […]

....In 1990 - 2017 Odisha up by mere 1 place ....Odisha at 22 among 25 State in HDI ....Odisha per capita income 4th poorest in country

Keonjhar: An attempt by a miscreant to loot the State Bank of India (SBI) ATM near Baniapata Chhak under Town police limits in the district in the wee hours today was foiled, thanks to the efforts of a man guarding a nearby fitness center. According to sources, a miscreant tried to break open the ATM […]

Customers of State Bank of India (SBI) the country’s largest bank are required to maintain an average monthly balance with their savings accounts. If a customer fails to meet the average monthly balance, he/she will have to cough up penalty charge. Therefore, a SBI customer must be aware of the new rules on average monthly […]

New Delhi: Jet Airways promoter Naresh Goyal and his wife on Monday announced their decision to step down from the board of the airline he had founded 25 years ago under pressure from lenders who are being seen as rescuers of an asset that nearly went bust but for the government’s intervention. Experts say the […]

New Delhi: Former State Bank of India (SBI) Chairman Arun Kumar Purwar tops the list of probables to head the interim board of Jet Airways, among others, sources told IANS. The other names doing the rounds include Janaki Ballav and Arundhati Bhattarcharya, both former chairpersons of SBI, according to people privy to the developments. Banking […]

Customers of the State Bank of India (SBI), the country’s largest nationalised bank, are required to maintain an average monthly balance in their savings accounts. If one fails to keep that minimum balance, the bank charges an amount depending on branch location and the amount of shortfall. As per the website of the bank, www.sbi.co.in, […]

Senior citizens, who are staying alone and lack financial support, can earn an additional source of income. The State Bank of India’s (SBI) reverse mortgage is the best option for an elderly person, who is above 60 years of age, to meet the medical expenses and get a fixed income on monthly basis. As per […]

Mumbai: The beleaguered Videocon Group has admitted to stupendous outstandings to various lenders – public and private – amounting to over Rs 90,000 crore, making it perhaps the biggest corporate bankruptcy case in Indian banking history, official sources said on Thursday. The two main group companies – Videocon Industries Ltd (VIL) and Videocon Telecommunication Ltd. […]

London/New Delhi: In a fresh win for India, the United Kingdom High Court has rejected fugitive businessman Vijay Mallya’s written submission for permission to appeal against his extradition order passed by a Westminster magistrate’s court. The submission was rejected by Justice William Davis on April 5. Mallya has five days for an oral submission, said […]