Page 38 - Sbi

SBI hikes rates on bulk deposits by 100 bps

For short-term deposits (46-179 days), it will offer 4.85%; for those of a year to 10 years, the new rate is 5.25%

SBI raises interest rates on bulk deposits by 100 bps from Nov 30

The lender also raised interest by 100 bps on bulk deposits above Rs 10 cr

SBI's slippages ease, but no comfort yet

While slippage ratio was down to 1.85%, operational growth was muted in Q2

Good news! SBI cuts lending rates on home and vehicle loans by 5 bps

For car loan customers, the loan amount ranges from 8.70 per cent per annum to 9.20 per cent per annum compared to earlier range of 8.75 per cent to 9.25 per cent.

SBI's Rajnish Kumar puts bad debt under microscope but also eyes growth

India's state-run banks have been battered by soured loans

SBI to sell NPAs of over Rs 3,550 cr to ARCs, finance companies

The top accounts include Jai Balaji Industries (Rs 873 crore), MSP Metalics (Rs 554 crore) and Shiva Textfab Ltd (Rs 531 crore)

Reduce MAB further

The Reserve Bank of India has not stipulated any minimum balance to be maintained in pension accounts

SBI lowers min balance to Rs 3,000; exempts pensioners, minors

The revised minimum monthly average balance requirement and charges will become applicable from October

SBI launches chatbot to help customers in banking activities

The chat assistant, known as SBI Intelligent Assistant, will help customers with everyday banking tasks

SBI's credit growth is pegged at 6-7 per cent: MD Rajnish Kumar

Already reeling under huge stressed assets like other banks, he said things would become better

FY18 to clock 6.5% growth at most, says SBI research

The second quarter would also not give a good news for the Modi government

SBI waives off up to 100% processing fee on car, gold, personal loans

The bank has waived the entire processing fee on car loans till December 31, 2017

Trend of softening interest rate is here to stay, says Rajnish Kumar

SBI recently sprang a surprise by reporting a sharp rise in retail loan slippages in the Q1 FY17

SBI's new CSR initiative to improve health, education, infra in 50 villages

The SBI Foundation will identify and partner with NGOs to carry out CSR initiatives

SBI has some more book cleaning to do

Higher slippages from retail, SME and agri portfolios disappoint Street

SBI plans to raise Rs 2,000 crore via Basel-III bonds

Bonds will carry a coupon rate of 8.15% pa call option after 5 yrs or anniversary date thereafter

Arun Jaitley introduces bill to repeal SBI Subsidiary Banks Act

This was followed by the merger of five associates with parent SBI

SBI reduces NEFT, RTGS charges up to 75% effective from July 15

Additionally, bank has also waived charges for fund transfer of upto Rs 1,000 done through IMPS

SBI to divest 80 million shares in SBI Life via IPO

Price to be fixed after talks with SBI Life, BNP Paribas Cardiff and lead managers

SBI Savings Account: Pay more for ATM withdrawal, cheque books, Buddy app

SBI Savings Account: Pay more for ATM withdrawal, cheque books, Buddy app