Page 43 - Sbi

Deal to replace GE Capital as partner in SBI Card likely soon

SBI Card said it had seen 25-30 per cent rise in card spending after demonetisation

Note ban: SBI chief says situation will completely normalise by Feb-end

State Bank of India Chairman Arundhati Bhattacharya today said the prevailing situation arising out of demonetisation will get normalised by end-February, emphasising the need to promote digitisation of economy. "We believe that the situation (arising out of demonetisation) will become totally normal by the end of February," Bhattacharya told reporters at the airport here after arriving to participate in the 8th Vibrant Gujarat Global Summit (VGGS). She said that SBI is ensuring that account holders are not made to stand in queue, by supplying adequate cash to bank branches so that money can be withdrawn at their convenience. She also said that at the VGGS, she would try to discuss the issue of promoting digitisation. "In the Vibrant Summit, we will try to discuss the issue of promoting digital. Currency notes will again come back into circulation, there is no doubt about that. But, if after notes are back, and we continue to behave like we did before demonetisation, then the .

For SBI, home loan queries jump three times since rate cut

The bank recently announced a steep 90 bps reduction in its MCLR- based lending rate

Rs 2,000 notes with Gandhi's missing image withdrawn from MP bank

State Bank of India branch, from where Lakshman Meena had withdrawn the money, on Thursday said they had changed the notes

Hamara Ghar offer: SBI's new home loan

Its aim is to pass on the benefit of reduction in cost of funds and give a push to credit demand

Credit growth to improve after rate cut, says SBI

SBI said it had received about Rs 1,60,000 cr in low-cost deposits after demonetisation

See normalcy in banking system by Feb end: Arundhati Bhattacharya

She is speaking a day after SBI slashed lending rates by 90bps

SBI cuts lending rate by 90 bps; home, auto loans to become cheaper

After the move, its MCLR fell to 7.75% from 8.65%, while 3-yr loan rates will now be 8.15%

SBI banks on Microsoft 'white space' for rural push

Since July last year, Microsoft has been testing 'white space' in Srikakulam in Andhra Pradesh

Gujarat: SBI staffer hangs self; wife blames 'work pressure'

Prem Shankar Prajapati's wife Manjula claimed her husband had once complained about work pressure

SBI gains as board approves stake sale in life insurance arm

The stock was up 0.40% at Rs 268 on the NSE against 0.47% decline in Nifty50 and 0.61% fall in Nifty Bank at 09:51 am.

SBI to revalue SBI Life for later stake sale to JV partner

After agreeing to a deal to sell 3.9% stake in SBI Life Insurance, its JV with BNP Cardiff

SBI reclaims spot in top 10 league

Shares of some of the private sector banks have weakened after the recent demonetisation move

SBI to raise Rs 5,681 crore from preferential issue to govt

The funds raised will help the bank meet global risk norms, Basel III, which will kick in from March 2019

Rs 1.20 lakh crore deposited in SBI: Arundhati Bhattacharya

The amount has been deposited during the last 15 days after demonetisation of high denomination notes

Demonetisation: SBI slashes bulk deposit rates by up to 1.9%

The reduction in deposit rate by the country's largest lender may be precursor to a lending rate cut

Data breach: 73 SBI cardholders reported fraud withdrawals

SBI has informed that it has blocked about 6 lakh cards, MoS for Finance Santosh Kumar Gangwar said

Liquidity to stay, rates may fall further, says SBI

RBI has cut repo by 1.75 per cent since January 2015

Others follow suit: ICICI, HDFC Bank, Canara, United Bank cut FD rates by up to 1%

Largest private lender ICICI Bank and HDFC Bank cut their deposit rates by up to 0.25 per cent while Kolkata-based United Bank of India did it for short-term deposits by 1 per cent.

SBI cuts deposit rates by 15 basis points

AXIS Bank reduces MCLR lending rate by up to 20 basis points