State Bank Of India Sbi
Business  /  Published 11.03.20

SBI cuts interest rate on savings accounts to 3%

The country's largest lender SBI on Wednesday rationalised interest rate on all savings bank (SB) accounts to a flat 3 per cent, a move affecting 44.51 crore account holders.The bank also waived the r...
By PTI in New Delhi

Business  /  Published 21.05.19

Hindujas evince interest in Jet Airways

The Hinduja group is exploring the possibility of a bid for Jet Airways, which has ceased operations since April 17, with the lenders unable to find a buyer for the airline.Jet’s shares took the ski...
By Our Bureau in New Delhi

Business  /  Published 06.03.20

Friends of PM on Yes Bank list

Union finance minister Nirmala Sitharaman confirmed on Friday that the troubled Yes Bank had had loan exposure to “very stressed” companies associated with Anil Ambani and Subhash Chandra, two ind...
By TT Bureau in Mumbai

Business  /  Published 10.12.19

Bad loan gap at SBI soars

The State Bank of India (SBI) on Tuesday said there was a divergence of Rs 11,932 crore in the last fiscal between the calculations of its bad loan made by the RBI and its own assessment.Banks have to...
By Our Special Correspondent in Mumbai

Business  /  Published 27.11.19

Sensex, Nifty scale fresh closing peaks

Market benchmark indices scaled fresh closing peaks on Wednesday on hectic buying by foreign investors in banking, IT and auto stocks amid positive trends from global markets.The 30-share Sensex rose ...
By PTI in Mumbai


Jharkhand  /  Published 15.12.18

Ranchi cops refuse to file FIR till you drop names ('PMO' helps)

[{"id":1,"type":"text","value":"An old-time Ranchi resident, who was a victim of cyber fraud worth Rs 1 lakh, was made to do the rounds of four police stations over two days to file a complaint befor...
By Our Correspondent in Ranchi

Business  /  Published 08.11.19

SBI cuts lending rates

The State Bank of India on Friday reduced its lending rate by 5 basis points across all tenors, effective from November 10.The one-year MCLR, to which most of its loan prices are linked, will come dow...
By PTI in Mumbai

Business  /  Published 31.01.20

Stellar SBI report card

State Bank of India (SBI) on Friday reported better-than-expected numbers for the December quarter because of a fall in provisions for bad loans, while asset quality also showed an improvement.The cou...
By Our Special Correspondent in Mumbai

Business  /  Published 09.03.19

SBI links pricing of loans, deposits to repo rate

In a late-evening statement, the lender said savings bank deposits with balances of over Rs one lakh will be linked to the repo rate. It currently offers an interest rate of 3.50 per cent on such depo...
By Our Special Correspondent in Mumbai

Business  /  Published 23.01.20

SBI sees Yes Bank revival

State Bank of India (SBI) chairman Rajnish Kumar on Thursday said “some solutions will emerge” to stabilise Yes Bank, which has been facing difficulties in raising capital.Kumar’s comments come ...
By Our Special Correspondent in Mumbai


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