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Anna University sexual assault case: Accused is a DMK worker, claims BJP's Annamalai | Celebrities too responsible for crowd control: Telangana CM Revanth Reddy to Telugu filmdom amid Pushpa 2 stampede row | Boat capsizes off Calangute Beach in Goa; 1 killed, 20 rescued | Canada announces change to immigration system, likely to impact Indians seeking permanent residence | Azerbaijan Airlines tragedy: 32 passengers rescued, flight attempted several emergency landing before crashing | Man sets himself on fire near Parliament building; locals, police rush him to hospital | Azerbaijan Airlines passenger plane enroute to Russia with over 70 people onboard crashes in Kazakhstan | Atishi will be arrested in fake case, claims Arvind Kejriwal after Delhi govt disowns health and women's schemes | Delhi govt departments disown Arvind Kejriwal's major poll promises, AAP chief reacts | 'Our nation will always be grateful to him': PM Modi writes article in tribute to Atal Bihari Vajpayee on his birth centenary

State Bank of India's net profit jumps to Rs.3,581 crore in Q4 on one-time gain

Jun 05, 2020, at 04:46 pm

New Delhi/Mumbai: State Bank of India's net profit for the month of May touched Rs.  3581 Crores in Q4FY20. It is an increase of 327 percent.

SBI drops by 4.64 pc to Rs 170.50

May 05, 2020, at 05:06 pm

Mumbai/UNI:  State Bank of India on Tuesday fell by 4.64 pc to Rs 170.50 which was the major loser in 30 scrips of BSE.

State Bank of India surges 13.87 pc to Rs 242.25

Mar 13, 2020, at 04:51 pm

Mumbai/UNI: State Bank of India on Friday rallied by 13.87 pc to Rs 242.25 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).

SBI removes charges on non-maintenance of average monthly balance for savings account

Mar 11, 2020, at 07:41 pm

Mumbai/IBNS: India's largest bank State Bank of India on Wednesday said it will do away with charges for non-maintenance of average monthly balance and SMS charges it levies on quarterly basis.

SBI slashes MCLR 15 bps

Mar 11, 2020, at 05:22 pm

Mumbai/UNI: Largest public sector lender State Bank of India (SBI) has slashed Marginal Cost of Funds Based Lending Rate (MCLR) 15 bps across a few tenors.

Yes Bank crisis: FM's assurance is right, depositors' money not at risk, says SBI chairman

Mar 07, 2020, at 11:11 am

Mumbai/New Delhi/IBNS: Amid the panic of the customers of crisis-hit Yes Bank, State Bank of India (SBI) chairman Rajnish Kumar on Saturday said the depositors' money was safe throwing weight behind the statement of Union Finance Minister Nirmala Sitharaman.

Hero Electric signs MOU with State Bank of India

Feb 07, 2020, at 04:28 pm

New Delhi/IBNS: Biggest electric vehicle brand in India, Hero Electric on Friday announced its partnership with State Bank of India – India’s leading public sector bank – to offer its dealer network inventory financing solutions.

State Bank of India reduces MCLR by 5 bps across all tenors

Nov 08, 2019, at 06:30 pm

New Delhi/UNI: Country’s largest lender State Bank of India (SBI) on Friday announced the reduction in its MCLR by 5 bps across all tenors.

State Bank of India up by 3.37 pc to Rs 289.95

Oct 30, 2019, at 04:48 pm

Mumbai, Oct 30 (UNI) SBI on Wednesday moved up by 3.37 pc to Rs 289.95 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).

State Bank of India reduces MCLR and fixed deposit rates

Sep 09, 2019, at 04:48 pm

New Delhi, Sept 9 (IBNS): India's biggest lender State Bank of India on Monday announced its decision to reduce  MCLR (Marginal Cost of Funds based Lending Rate) by 10 basis points. 

State Bank of India enters into a strategic alliance with SLCM Group for Collateral Management and Warehousing Services

Jul 26, 2019, at 04:32 pm

Kolkata, July 26 (IBNS): Sohan Lal Commodity Management Pvt. Ltd. (SLCM), India’s leading Agri services solutions provider having operations across India & Myanmar, has entered into an strategic partnership  with India's largest bank, State Bank of India(SBI) for Collateral management and warehousing services.

SBI Group announces 3rd edition of ‘SBI Green Marathon’

Jul 23, 2019, at 03:16 pm

Mumbai, July 23 (IBNS): After a major success of the first two editions of SBI Green Marathon, country’s largest financial services group SBI Group announces the launch of its 3rd edition.

State Bank of India Q4 net profit stands at Rs 838.40 cr

May 10, 2019, at 03:54 pm

Mumbai, May 10 (UNI) Public sector lender State Bank of India (SBI) on Friday reported a net profit of Rs 838.40 crore for the quarter ended March 31,2019 as against a loss of Rs 7,718.17 crore during the same quarter a year ago.

Lenders in talks for Jet Airways' restructuring plan, says State Bank of India

Jan 17, 2019, at 01:03 pm

New Delhi, Jan 17 (IBNS): The State Bank of India on Thursday said lenders of Jet Airways are considering a plan to resolve the debt issues faced by the Indian aviation major.

OYO Hotels signs MoU with SBI and Bank of Baroda to offer financial fillip for small hotels

Jul 25, 2018, at 05:25 pm

New Delhi, July 25 (IBNS): OYO, South Asia's largest hotel chain, on Wednesday inked MoUs with the State Bank of India and Bank of Baroda for extending its support to budget hotels and creating jobs across levels.

SBI reduces charges for non-maintenance of average minimum balance, says will benefit 25 crore bank customers

Mar 13, 2018, at 08:25 pm

Mumbai, Mar 13 (IBNS): India's largest lender, the State Bank of India (SBI), announced on Tuesday that it has reduced the charges for non-maintenance of minimum balance by upto 75 per cent.

State Bank of India hikes interest rates on loans across most maturities

Mar 01, 2018, at 10:03 pm

Mumbai, Mar 1 (IBNS): The country's largest lender, the State Bank of India, on Thursday, raised its marginal cost-based lending rates (MCLR) across most maturities, with immediate effect, according to media reports.

SBI decreases penalty for non-maintenance of minimum balance

Sep 26, 2017, at 01:16 am

Mumbai, Sept 25 (IBNS): The State Bank of India (SBI) on Wednesday said it has reviewed the requirement of maintaining Monthly Average Balance (MAB) and the charges for non-maintenance of MAB.

SBI announces festive bonanza for retail customer

Aug 21, 2017, at 10:44 pm

Mumbai, Aug 21 (IBNS): State Bank of India (SBI), country’s largest commercial bank announces waiver of upto 100 percent processing fee on car loans, personal gold loans and personal loans. This is in addition to the existing waiver on processing fee on takeover of home loans.

State Bank opens folk art gallery at Alipore branch

May 19, 2017, at 03:51 am

Kolkata, May 18 (IBNS): State Bank of India has come forward to promote the traditional heritage of folk art prevalent at various parts of the country.

SBI reduces home loan rate by 25 bps

May 08, 2017, at 10:41 pm

Mumbai, May 8 (IBNS): State Bank of India (SBI) - the largest Home Loan provider in India has taken a giant leap to give a philippe to the affordable housing segment keeping the Prime Ministers vision of providing “Housing for All” by 2022.

Bharatiya Mahila Bank to merge with State Bank of India

Mar 21, 2017, at 01:02 am

New Delhi, Mar 20 |(IBNS): The Government of India has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) to ensure greater banking services outreach to a larger number of women, at a faster pace,officials said.

Mahindra Lifespaces and State Bank of India sign MoU

Feb 08, 2017, at 10:04 pm

Mumbai,Feb 8 (IBNS) Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, on Wednesday announced a partnership with State Bank of India (SBI) for the establishment of a market-focused platform that will provide information and bespoke home buying solutions for customers across India.

EuroKids partners with SBI to offer collateral free loans to new and existing franchise partners

Sep 07, 2016, at 12:39 am

Mumbai, Sept 6 (IBNS): In an initiative that will ease the entrepreneurial journey in franchise business, EuroKids International, India's NextGen Pre-schools, announced its collaboration with the State Bank of India (SBI) to offer collateral free loans to prospective and existing Pre-School partners.