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The Latest Breaking News from State Bank of India

SBI hikes interest rates on bulk term deposits by 40-90 basis points

MUMBAI: Country's largest lender State Bank of India on Tuesday announced a hike of 40-90 basis points in the interest rates on several bulk term deposits.

The Times of India

Kerala High Court decries prescription of CIBIL score of co-borrowers for education loans

Kerala High Court decries prescription of CIBIL score of co-borrowers for education loans

It defeats the very purpose of grant of such loans: court

Ex-SBI treasury branch manager booked for Rs 1.89 crore fraud

Ex-SBI treasury branch manager booked for Rs 1.89 crore fraud

PANAJI: The Crime Branch of Goa Police booked former State Bank of India (SBI) treasury branch, Panaji, bank manager Rakesh Kumar for allegedly siphoning off funds from the bank to the tune of Rs1.89 crore.

The Times of India

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SBI, BoB, others hike lending rates by up to 0.1%; EMIs to go up

NEW DELHI: EMIs for home, car and personal loans are set to go up for existing borrowers, with State Bank of India (SBI) and other major lenders including Bank of Baroda (BoB), Axis Bank and Kotak Mahindra Bank increasing their benchmark lending rates by up to 0.10 per cent.

The Times of India

Business: SBI hikes lending rate by 0.1 pc; EMIs to go up

The country's largest lender State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) or 0.1 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers. Read more on Dynamite News:

SBI hikes lending rate by 10 basis points; EMIs to go up

NEW DELHI: The country's largest lender State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) or 0.1 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers.

The Times of India

SBI pulled up for denying deceased pensioner’s account details

Her son submitted legal heir certificate

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Video | Biker survives collision with bus in Mangaluru

Video | Biker survives collision with bus in Mangaluru

The accident took place at the busy Hampankatta junction, traffic movement was disrupted for 90 minutes

52 SBI branches in Andhra Pradesh to be open today, tomorrow

52 SBI branches in Andhra Pradesh to be open today, tomorrow

Commissioner and Inspector-General, Registration and Stamps Department, V. Ramakrishna, has said that arrangements have been made to open some branches of State Bank of India (SBI) on March 26 and 27 (being holidays) for the convenience of the public for doing registrations.

Explained: Why NPS is better than India's old pension scheme

Explained: Why NPS is better than India's old pension scheme

NEW DELHI: With certain states opting to revert to the old pay-as-you-go (PAYG) pension scheme and some others deliberating upon it, a report by State Bank of India (SBI) economists on Thursday said that it is bound to increase the current expenditure of state governments.

The Times of India

Services may be hit as staff unions plan to go on strike on March 28, 29: SBI

Services may be hit as staff unions plan to go on strike on March 28, 29: SBI

NEW DELHI: The country's largest lender State Bank of India (SBI) on Tuesday said banking services may get impacted to an extent as various employees' unions have called for a two-day strike on March 28-29.

The Times of India

Victim national economy, says court, convicts 4 for SBI cheque fraud

Victim national economy, says court, convicts 4 for SBI cheque fraud

MUMBAI: Twenty fours years after State Bank of India (SBI) was cheated of Rs 98 lakh through cheque fraud and forgery, a special CBI court on Wednesday convicted four persons, including its then branch manager, saying the victim in the case is the "national economy".

The Times of India

NCLT orders liquidation of Easun Reyrolle

NCLT orders liquidation of Easun Reyrolle

Appeals filed by State Bank of India and Canara Bank

Decline in growth of rural wages cause of concern, says SBI report

Decline in growth of rural wages cause of concern, says SBI report

NEW DELHI: Concerns of soaring inflation has led to fall in growth of real rural wages, a report by State Bank of India (SBI) economists said.

The Times of India

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The Times of India

Household savings at record high in FY21: Where people are putting their money

NEW DELHI: Households in India saved a massive Rs 7.1 lakh crore during the pandemic stricken financial year 2020-21, a report by State Bank of India (SBI) economists showed.

SBI withdraws circular calling pregnant women 'temporarily unfit'

The State Bank of India on Saturday has withdrawn a circular calling pregnant women 'unfit' for recruitment.

The Times of India

Economy needs more nursing; budget shouldn't focus on fiscal consolidation alone: SBI

MUMBAI: House economists at the nation's largest lender State Bank of India (SBI) have urged the government to budget for nursing the pandemic-ravaged economy and not to focus too much on fiscal consolidation as there is a need for more stabilisation measures to sustain the fledgling recovery.

The Times of India

Cabinet sanctions Rs 973 crore to SBI for ex-gratia payment to borrowers

NEW DELHI: The government on Wednesday approved sanction of Rs 973.74 crore to State Bank of India (SBI) as reimbursement related to loan moratorium that was implemented in 2020 amid the pandemic.

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