Page 10 - State Bank Of India

SBI sought 147 look out circulars in bank fraud cases in last 5 month: RTI

Data shows that the bank started seeking LoC from the Bureau of Immigration from April this year

Planning to take auto loan? At 8.45%, SBI offers the lowest rate

However, check with manufacturers' captive lenders for offers during the festive season

Govt accepts State Bank of India MD Anshula Kant's resignation

Kant was appointed as the managing director and chief financial officer of the World Bank

Link bulk deposits to repo for better transmission of interest rates: SBI

Reserve Bank of India Governor Shaktikanta Das has stressed the need for the entire banking system to link their loans and deposits pricing to the repo rate prescribed by the central bank

SBI PO Mains result 2019 to be released soon: Steps to download marks

The SBI PO main exam was conducted on July 20, 2019, at various centres across the country

SBI aims to eliminate debit cards to promote digital payment solutions

SBI chairman said through the Yono platform, one can withdraw cash at the automated teller machines or pay for purchases at a merchant establishment without having a card at all

Govt speaking to banks about stimulus package for economy: SBI chairman

Large number of non-performing assets (NPA) in the farm sector a worry, says Rajnish Kumar.

SBI chairman pitches for stimulus, says credit demand remains subdued

Kumar was in Kolkata to attend the multi-level consultation programme with the branch managers of SBI in the region

Govt adopts a new approach to bring reforms in public sector banks

FinMin has asked govt-owned banks to capture 42 questions on credit, non-performing assets, Mudra loans, agriculture

SBI proposes to dilute stake in credit card business through IPO route

State Bank of India (SBI) on Wednesday said it is planning to dilute stake in its card business through the initial public offer (IPO) route. The country's largest lender currently holds 74 per cent stake in SBI Cards & Payment Services Private Limited. The Executive Committee of Central Board of the bank at its meeting held on Wednesday "has given in-principle approval to explore the possibility of diluting SBI's stake in SBI Cards & Payment Services Private Limited, a subsidiary company through IPO route at an opportune time, subject to the approval of RBI and other regulatory agencies in this regard," the bank said in a regulatory filing. Further, specific disclosures on offer for sale (OFS) by promoters will be be given, once the same is finalised by the bank, it said. The bank had launched SBI Card in October 1998. In December 2017, SBI and the Carlyle Group acquired GE Capital's stake in the joint venture. SBI holds 74 per cent, while Carlyle holds 26 per cent in the ...

SBI slashes benchmark lending rates by 15 bps after rate cut by RBI

The Reserve Bank of India cut interest rates for a fourth straight meeting in 2019

SBI reports Rs 2,312 crore net profit in Q1, asset quality slips

The gross non-performing asset ratio fell to 7.53 per cent of total advances for the current quarter, as against 10.69 per cent in the year-ago quarter

SBI Q1 result: Profit at Rs 2,312 crore in June qtr; gross NPA down 21% YoY

The bank reported fresh gross slippages at Rs 16,212 crore, as against analysts' expectations of Rs 7,000 crore. There were up 13 per cent YoY, from Rs 14,349 crore in Q1FY19

SBI Q1 preview: Analysts predict double-digit loan growth, drop in net NPA

Analysts peg the net profit at Rs 5,934.5 crore as compared to a net loss of Rs 4,875.9 crore in the corresponding quarter of the previous fiscal (Q1FY19)

SBI tightens lending terms for auto dealers as sector sees downturn: Source

As part of the revised terms, the country's largest bank by assets has decided to halt lending to dealers of Hyundai Motor India unless they provide a minimum of 25% collateral

Deposit rate cuts at private banks likely to lag State Bank of India

Having cut rates, they may use this to strategically raise more term-liabilities

SBI Mains Admit Card 2019 released: Know about exam pattern, other details

SBI Clerk 2019: SBI has released call letter for SBI Clerk Mains examination 2019. Here's what you must know about the exam pattern and other important details

SBI Clerk Result 2019 out sbi.co.in: Steps to download SBI prelims result

SBI Clerk Result 2019: SBI Clerk Prelims Result has been declared on sbi.co.in. Here's what candidates must know about SBI Clerks Main exam

SBI Clerk Result 2019 to be out soon; know important dates and instructions

SBI Clerk Result 2019: SBI Clerk Prelims Result will be declared soon on sbi.co.in. Here are some important instructions that candidates must know

SBI Payment plans to double PoS units to 1.2 million by March 2022

SBIPSPL wants to leverage debit cards at about 925 million compared to 47 million credit cards in circulation