Page 44 - Sbi

SBI Life Insurance new business premium up 77% to Rs 4,644 crore

Renewal Premium grew by 26% to touch Rs 3,715 crore, against Rs 2,496 crore last year

SBI reportedly writes off bad loans of Rs 7,016 cr; Cong rakes up issue in Parliament

The clean-up drive saw the bank forgoing almost Rs 1,201 crore in dues owed by Vijay Mallya's defunct Kingfisher Airlines

SBI will soon dispense 20, 50 rupee notes to help public

Assuring that the panic among masses is on the decline following the more constant flow of cash at banks and ATMs, State Bank of India (SBI) chairperson Arundhati Bhattacharya stated that the bank will also start dispensing 50 and 20 Rupee notes in coming days to help the public.Speaking to ANI here, the SBI Chief stated that in all of their branches in the southern states, the workload has dropped to almost 50 per cent, which is a sure sign that people are assured that they will receive the money at their own convenience.However, talking about the inconvenience caused to the masses with ATMs running out of cash soon, Bhattacharya added that ATMs are emptying out fast because it has a fixed space for notes of 100 and also the dimension of the new notes has changed, adding that the holding capacity in the ATM is confined."But what takes most time is manual recalibration. A person has to come and physically add the money when it runs out. We hope and are trying that we can sort of this .

SBI Q2 net down 35% at Rs 2,538 cr on high NPA provisions

Bank raises forecast for deposit growth; provisions for bad loans almost doubled from a year earlier to Rs 767 cr

SBI: The pain is here to stay

Provisioning for bad loans doubled to Rs 7,670 crore showing little signs of improvement in the bank's asset quality

SBI gets Rs 53,000 crore deposits till mid-day

The bank has been able to press into service only about half of its ATM network nationwide

SBI says Rs 53,000 cr deposited in banks since Thursday

Nearly 14 lakh crore are held in Rs 500 and Rs 1000 notes

SBI working to make Rs 100 notes available at all branches and ATMs

SBI Group which includes all its five subsidiaries has 55,000 ATMs and 7,000 cash deposit machines (CDMs). SBI alone has close to 17,000 branches and serves tens of millions of customers

SBI plans to raise Rs 5,000 cr via long-term bonds

The bonds will be issued in domestic and overseas markets to finance infrastructure and affordable housing

SBI-FTSE to create bond index for India

FTSE and SBI had signed a letter of intent last year to create the index that would work as a benchmark for Indian bonds

State Bank, ICICI cut home loan rates, waive off processing fee

The banks have waived off all processing fees for loans during festive season ending December 31, 2016

SBI associates post heavy losses in September quarter

Parent infuse Rs 2,400 crore in SBP to meet CAR norms

SBI extends last date to apply for regular, contractual specialist cadre officers posts

Last date to register application and pay examination fee online is October 31, 2016. Last date for receipt of hard copy of online application along with enclosure for contractual post is November 4, 2016. The test will be conducted tentatively on November 25, 2016

SBI raises Rs 2,500 crore from bonds

In regulatory filing, bank says, it is in nature of debentures of face value Rs 10 lakh each

Debit card scare: Why you need to change the ATM PIN immediately

With debit cards of 5 banks compromised, time to be very cautious while transacting. If possible, avoid non-bank ATMs

Banks alert as passwords compromised in majority of debit card transactions

The security breach happened through a malware in the systems of Hitachi Payments Services, which serves ATM network of Yes Bank and also some white-label ATMs.

SBI advises customers to use its own ATM network

SBI said it is aiming to replace around six lakh debit cards within two weeks

SBI merger to trim new hirings by 20%

On an average, SBI requires at least 13,000 staff (new hires) on account of retirement every year

SBI to sell upto 5% in SBI Life to non-promoter entity

Expects to conclude deal in FY17

After 53 years, SBI resumes banking in Myanmar

During bank nationalisation, the Rangoon branch of Bank of Bengal was taken over by the Peoples' Bank No 8 of Burma in February 1963