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State Bank chairperson Arundhati Bhattacharya

Eyeing to raise $1.5 bn capital next year: SBI chief Bhattacharya

Country's largest public sector lender is in process to complete a planned merger with its subsidiary banks.

21 Jan 2017 10:47 AM IST

SBIs announcement to offload up to 5 per cent stake in SBI Life to a non-promoter group might be construed as a test to see the market response.

SBI Life files for $1-bn IPO; selling 8 per cent stake

SBI Life is 70 per cent owned by SBI and 26 per cent by BNP Paribas Cardif.

17 July 2017 5:30 PM IST

A closed branch of SBI as bank employees went on a nationwide strike in Surat. (Photo: PTI)

SBI to become centre for collection of stamp duty, e-SBTR in...

The scheme will be available if total transaction value is Rs.100 and above.

17 July 2017 1:53 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

New NEFT, RTGS fees for SBI customers started today

Also, new revised charges for NEFT, RTGS will attract GST rate of 18 per cent.

15 July 2017 5:55 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

These are SBI's revised IMPS transfer charges

Largest public sector lender has waived funds transfer charges for an IMPS of Rs 1,000.

15 July 2017 11:26 AM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

Pay 75 per cent less for NEFT, RTGS transactions with SBI

SBI has also waived charges for fund transfer of up to Rs 1,000 done through Immediate Payment Service (IMPS).

13 July 2017 6:53 PM IST

A closed branch of SBI as bank employees went on a nationwide strike in Surat. (Photo: PTI)

SBI: Charges for NEFT, RTGS slashed by 75 per cent

SBI also waived charges for fund transfer of up to Rs 1,000 through IMPS to promote small transactions.

13 July 2017 12:56 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI to raise funds via FPO, QIPs; to appoint 6 merchant bankers

Proposed FPO and Qualified Institutional Placement (QIP) follows merger of five associate banks and Bharatiya Mahila...

9 May 2017 4:14 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI cuts affordable home loan rates by 0.25 per cent

Under the new government scheme, loans under Rs 30 lakh qualify for affordable housing.

8 May 2017 3:30 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

Bad debt situation not that grim, recovery hopes intact: SBI

Banks are straddled with anywhere between Rs 9 lakh crore to Rs 12 lakh crore of stressed assets.

6 May 2017 1:50 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI declines to share quantum of money in suspended accounts

Interest money which is not claimed by people due to religious obligations is kept in suspended bank accounts.

4 May 2017 3:23 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI cuts term deposit rates by 50 basis points

Retail term deposit with tenure of 5-10 years has also seen a 25 basis point reduction in interest rates.

2 May 2017 6:09 AM IST