Tag: State Bank Of India

Mumbai: The country’s largest lender State Bank of India on Thursday said it has received approval to buy Rs 7,250 crore worth of shares in crisis-hit Yes Bank. “The executive committee of the central board (ECCB) at its meeting held on March 11 accorded approval for purchase of 725 crore shares in Yes Bank at […]

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 […]

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 […]

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 […]

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 […]

New Delhi: State Bank of India (SBI) Chairman Rajnish Kumar on Tuesday said that the bank will focus on cost reduction, rationalisation, and reskilling of its workforce. Speaking at the 65th Annual General Meeting (AGM), Kumar said: “The focus while going forward will be on cost reduction, rationalisation, and reskilling of workforce, improving staff productivity, […]

The State Bank of India (SBI) has released a recruitment notification inviting applications for the positions of Circle Based Officer. Interested and eligible candidates can apply for the positions before the deadline. The last date of application submission for the SBI jobs is August 16, 2020. “Eligible candidates, who aspire to join State Bank of […]

Bhubaneswar: IRCTC and State Bank of India (SBI) recently launched contactless credit card on RuPay Platform. The IRCTC-SBI credit card comes with multiple benefits for all its customers and train travellers. Official sources said, the IRCTC-SBI card offers wide range of rewards for Indian Railway travelers as they can avail savings on their travel. It […]

Bhubaneswar: The State Bank of India (SBI) has started online application process for recruitment of apprentices. A total of 8,500 apprentices would be trained under the latest recruitment drive. The selection of applicants will be based on the basis of an online written exam. The test will be held in the month of January 2021. […]

Bhubaneswar: The State Bank of India (SBI) has released a recruitment notification for the positions of Apprentice under The Apprentices Act 1961 in its various zones. A vacancy of around of 8500 posts has been mentioned in the official notification released by the largest public sector bank. Interested and eligible candidates can apply for the […]

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 […]

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 […]

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 […]

The State Bank Of India (SBI), country’s largest lender, has released a notification for the recruitment of specialist cadre officers on regular basis. The last date for submission of application is February 12, 2021. Candidates need to apply Online through the link given on Bank’s website, https://bank.sbi/careers or https://www.sbi.co.in/careers. Details Of SBI SO Recruitment 2021 […]

Jammu:  The J&K Police Crime Branch on Wednesday arrested a West Bengal resident on charge of swindling Rs 1.34 crore from the Ministry of Minority Affairs. “A team headed by a Deputy Superintendent of Police proceeded to West Bengal and arrested accused Selim Sekh of Tinsatabighi Berabad village in Malda district, who was wanted in […]