State Bank of India (SBI)
SBI's new boss Rajnish Kumar puts bad debt under microscope, but also eyes growth
Analysts and investors alike have pointed to bad debt as Kumar’s number one headache.
SBI launches chatbot to help customers with banking activities
With SIA, the bank will reduce significant operational expenditure over time.
SBI declares cheque books of 6 subsidiary banks invalid from Oct 30
SBI has asked customers of these subsidiary banks to apply for new cheque books as soon as possible.
SBI fixes limit for fund transfer via phone banking, levies GST on ATM transactions
Transactions for savings account holders,above free-limit of ATM transactions will attract a charge of Rs 20 plus 18 per cent GST.
SBI allows online transfer of savings account from one branch to another
Gone are the days of submitting letters to bank branches to facilitate the transfer of savings account.
Festival bonanza: SBI waives off clearing charges on car, gold, personal loans
The country’s largest lender announced a waiver of up to 100 per cent on different kinds of personal loans.
Eight of top 10 firms add Rs 54,968 cr in m-cap
Infosys and State Bank of India (SBI) however suffered losses in their market capitalisation (m-cap) for the week ended Friday.
Defaulters owe 27 per cent of Rs 92,376 crore outstanding loans to SBI
Punjab National Bank is next on the list with 1,120 wilful defaulters who owe bad loans worth Rs 12,278 crore.
Lok Sabha passes bill approving merger of associate banks with SBI
Five associates and the Bharatiya Mahila Bank became part of State Bank of India (SBI) beginning April.
Karnataka Bank cuts interest rate to 3 per cent on deposits less than Rs 1 lakh
The interest rate has been reduced by 1 per cent from 4 per cent, Karnataka Bank said in a statement.