Page 41 of SBI

SBI slashes lending rate by 0.4% after RBI rate cut, loans become cheaper

In its fourth bi-monthly monetary policy for the current fiscal, RBI cut benchmark repurchase (repo) rate by 0.50 per cent…

Updated: September 29, 2015 17:47 IST

RBI likely to go for 25 bps cut in repo rate: SBI Research

Benign food inflation, sufficient transmission of policy rates and the spread of monsoon makes a case for at least 25…

September 20, 2015 11:28 IST

Wilful default: Blow to SBI as SC gives breather to Kingfisher Airlines

SC allows KFA to make a representation before the bank’s Grievance Redressal Committee in R2,290 crore wilful default case

Updated: September 19, 2015 00:41 IST

Stressed assets likely to come down: SBI

Country’s biggest lender State Bank of India (SBI) today said stressed assets in the system are likely to see a…

September 18, 2015 19:02 IST

SBI expects Jan Dhan scheme accounts to break even next year

State Bank of India expects its accounts under the Jan Dhan scheme to break even next year given the healthy…

August 30, 2015 16:11 IST

Payments banks Rs 14 lakh cr bonanza for infrastructure sector: SBI report

Payments banks can annually free up a whopping Rs 14 trillion in incremental credit for the fund-starved infrastructure sector, says…

August 30, 2015 12:16 IST

PSBs should be compensated for social security schemes: SBI chief Arundhathi Bhattacharya

SBI chairman Arundhathi Bhattacharya said the Centre should think about “ways and means” to sustain social schemes like Pradhan Mantri…

August 29, 2015 08:59 IST

SBI developing low-cost model to counter payments banks

Country’s largest commercial banking entity State Bank of India (SBI) is now developing a low-cost model to compete with payments…

August 21, 2015 17:30 IST

Raghuram Rajan asks realty developers to bring down prices

Amid piling inventory levels of unsold houses, RBI Governor Raghuram Rajan on Thursday said the larger need is to push…

August 20, 2015 14:44 IST

Bank stocks gain on rate cut hopes, SBI sees 25 bps rate cut in Sept

Banking stocks gained on Thursday as record low retail inflation stoked rate cut hopes in the upcoming monetary policy review…

Updated: September 1, 2015 10:56 IST

SBI shares down over 5 per cent post Q1 numbers

Shares of State Bank of India (SBI), the biggest lender by assets, declined over 3.5 per cent to Rs 272.40…

Updated: August 11, 2015 16:58 IST

State Bank of India shares rise post drop in fresh bad loans

SBI Q1 consolidated net profit up 6 per cent at Rs 4713.57 cr, shares down

The State Bank of India on Tuesday posted a jump of 6 per cent in its consolidated net profit at…

August 11, 2015 12:53 IST

SBI chief does not see credit pick up before March quarter

State Bank chairperson Arundhati Bhattacharya today said bank credit is not picking up despite the seeming revival in the economy,…

August 6, 2015 21:46 IST

Freedom fighters snap ties with SBI; shift to other banks

More than half of around 12,000 freedom fighters drawing pensions from SBI have snapped their ties with the bank and…

July 15, 2015 21:10 IST

Low inflation offers scope of RBI rate cut to boost growth: State Bank of India

State Bank of India has pitched for further rate cut by the Reserve Bank to ‘pump up domestic demand’ as…

July 5, 2015 16:39 IST

SBI launches initiative to speed up home loan applications

SBI’s initiative known as ‘Project Tatkal’ will help get the loan within 10 days after receipt of application form and…

July 3, 2015 15:57 IST

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Top 9 Sensex companies add Rs 92,341 cr in market cap; Reliance Industries shines

The market valuation of Reliance Industries surged Rs 34,743.16 crore to Rs 3,22,511.06 crore, emerging as the biggest gainer among…

June 21, 2015 11:42 IST

SBI slashes base rate by 0.15% to 9.70 per cent; EMIs to come down

SBI reduced its base rate or minimum lending rate to 9.70 per cent from 9.85 per cent effective June 8.

Updated: June 2, 2015 20:48 IST

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NBBL targets 1 billion monthly transactions

Money3 hr ago

NPCI’s subsidiary NBBL plans to process 1 billion transactions per month in the next three years, targeting half of India’s households and processing 3 bills per household. The launch of Banking Connect, an interoperable platform, aims to enhance the digital payment experience for online merchants. It has already partnered with major banks and payment aggregators, with more banks in the pipeline.

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