state bank
SBI, Reliance Jio extend deal to digital payments
SBI and Jio has a joint venture for payment bank- Jio Payments Bank, wherein Jio holds 70 per cent and the balance is with SBI.
SBI Life's $1.3 billion IPO draws strong demand
Ahead of SBI Life’s IPO, companies have raised $4.4 billion from IPO sales so far in 2017.
No more loans to Ola drivers as dafaults rise: SBI
Gopal Krishan Kansal of SBI says that total default stands at Rs 60 crore in Bengaluru alone.
SBI absorbs associate banks, goes global
Total customer base of bank will reach 37 crores with a branch network of around 24,000 and nearly 59,000 ATMs.
SBI says maintain Rs 5,000 balance or pay penalty
Customers of urban and semi-urban branches required to keep Rs 3,000 and Rs 2,000 balance respectively.
Banking for all hit as 1 crore Jan Dhan accounts frozen
Banks cite a 'no transaction' activity in large number of these accounts as reason for their action.
SBI spent Rs 775 cr in maintaining Jan Dhan accounts
MoS Finance says number of zero balance Jan Dhan accounts was 5.93 crore as on November 9, 2016.
SBI may cut 10 pc jobs after merger with sister banks
At present country's largest lender employees 207,000 workforce, a number likely to go up on merger.
SBI asks 100 Snapdeal sellers to cut outstanding loans
Advisory comes after AIOVA writes to Nirmala Sitharaman, raising fears that Snapdeal may default on payments to sellers.
SBI sees Rs 27,420-cr hit on UP farm loan waiver
BJP had in its UP election manifesto promised to waive farmers' loans if elected to power.