Tag: State Bank Of India

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, […]

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 […]

The State Bank of India (SBI) had invited applications from interested and eligible candidates for the positions of Specialist Cadre Officers, Marketing Executive. Those who want to be a part of the India’s largest public sector bank must apply for the positions today as the last date of form submission is March 24, 2019. Below […]

Do you want to open a savings bank account at the nearest branch of State Bank of India (SBI), the country’s largest public sector bank? But, do you hate the charges that the bank levies for failure of a customer to maintain minimum average balance in the savings account? To stay financial fit and avoid […]

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 […]

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 […]

Mumbai: Within days of the Reserve Bank of India (RBI) lowering its key lending rate, state-run State Bank of India (SBI) on Tuesday reduced its benchmark marginal cost of funds based lending rate (MCLR) and home loan rates, effective from April 10. SBI reduced its MCLR by 5 basis points (0.05 per cent) across all […]

New Delhi/Mumbai: More turbulence seems to be in store for debt-ridden Jet Airways, as lessors to the airline have approached India’s civil aviation regulator to de-register 18 aircraft owing to unpaid dues. At present, Jet Airways’ operates 26 aircraft from a fleet size of 119. According to industry insiders, the Directorate General of Civil Aviation […]

The State Bank of India (SBI) has released a notification inviting eligible and interested candidates for the position of Junior Associate (Customer Support & Sales) in clerical cadre of the largest public sector bank. Those who want to be a part of the India’s largest public sector banking organisation can apply for the positions starting […]

The country’s largest lender, State Bank of India (SBI), has yet again come up with guidelines reiterating that the customers should never share their confidential information with anybody. An official notification issued by the SBI stated, “Some fraudsters, imposing as SBI officials from ATM/Card services are making hoax calls to our customers and asking for […]

Alert! Alert! Alert! If you are an SBI customer and want to cut off risks from online banking, you need to follow some internet banking security tips for a safe and secure experience. Here are the 8 Golden Rules to make your Internet Banking experience safe and secure: 1. Change your Password at regular intervals […]