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News
State Bank of India
State Bank of India News
State Bank of India
18 Sep 2024
State Bank of India Raises Rs 7,500 Cr Via Basel III Compliant Tier 2 Bond
The bonds are issued for a tenor of 15 years, with call option after 10 years and each anniversary dates thereafter and are rated AAA with stable outlook from CRISIL Ratings Limited and CARE Ratings Limited.
FASTag
31 Aug 2024
New FASTag Design Targets Misuse Of Smaller Vehicle Tags On Larger Vehicles
On August 30, 2024, SBI introduced several new products. Among them is India's first MTS card, the MTS RuPay NCMC prepaid card.
State Bank of India
30 Aug 2024
THESE 5 Special FD Schemes With High Interest Rates Are Ending On September 30
Banks had earlier introduced the scheme for a select period to provide senior citizens and regular customers with a chance to get better returns on their investments.
SBI
29 Aug 2024
Mule A/c Used For Rs 175 Cr Fraud In Hyderabad SBI Branch; Mastermind In Dubai
Cyber Security Bureau has advised people to avoid opening a bank account for someone else or carrying out any dubious transactions stating that if you have already opened a mule account, report it to 1930 or cybercrime.gov.in.
State Bank of India
28 Aug 2024
State Bank of India Raises Rs 7,500 Through Basel III Compliant Tier 2 Bond
The bonds are issued for a tenor of 15 years, with call option after 10 years and each anniversary dates thereafter.
State Bank of India
19 Aug 2024
Decline In Bank Deposits Due To Non-uniform Tax Treatment THIS Reason
SBI attributed the fall in deposits to the varied rates of return offered by different investment options for similar time frames and different tax rates on returns on deposits.
State Bank of India
16 Aug 2024
Relief For SBI, PNB As Karnataka Puts Decision To Suspend Transaction On Hold
The circular added that the action was taken in response to the alleged fraud in the bank branches.
State Bank of India
15 Aug 2024
SBI Hikes Loan Interest Rates By 10 BPS Across All Tenors From THIS Date
SBI’s latest hike in its Marginal Cost of Funds Based Lending Rate (MCLR) comes shortly after the RBI kept the repo rate steady at 6.5 per cent.
State Bank of India
14 Aug 2024
Karnataka Opens Front Against SBI, PNB; Halts Transactions
The order also specifies that no further deposits should be made into SBI or PNB.
State Bank of India
03 Aug 2024
SBI Records Net Profit Of Rs 17,035 Cr With Increase In Operating Profit
The bank's Net Interest Income (NII) for Q1FY25 rose by 5.71 per cent YoY, reflecting improved interest earnings.
Microsoft Outage
19 Jul 2024
Microsoft Outage: SBI Reports Systems Unaffected And Working Smoothly
The outage disrupted flights, banks, media outlets and companies around the world on Friday.
State Bank of India
15 Jul 2024
SBI Home Loan Customers Alert! Bank Hikes MCLR Rates Effective From Today
SBI Home loan borrowers take note: Bank has announced hike in its MCLR rates effective from today, 15 July 2024.
State Bank of India
11 Jul 2024
State Bank of India To Offer Online Loan Against Mutual Funds
The new loan facility is extended at attractive interest rates to mutual fund schemes of all Asset Management Companies (AMCs) registered with CAMS, said SBI.
State Bank of India
11 Jul 2024
SBI Shares Jump In Morning Trade As Bank Raises Rs 10,000 Crore
SBI yesterday said that it has raised Rs 10,000 crores at a coupon rate of 7.36% through its sixth infrastructure bond issuance.
PM Surya Ghar Muft Bijli Yojana
05 Jul 2024
SBI Surya Ghar Loan For Solar Roof Top --Eligibility, Interest Rate, Documents
SBI Surya Ghar Loan For Solar Roof Top -- Check Eligibility, Interest Rate, Tenor, Documents Required, And Other Details
SBI
01 Jul 2024
SBI Unveils MSME Sahaj Financing: Avail Loan Up To Rs 1 Lakh Within 15 Mins
Under MSME Sahaj Digital Financing, the closure of the loan on due date is also automated and is carried out by the system itself.
State Bank of India
27 Jun 2024
RBI Rolls Out New SAARC Currency Swap Framework For 2024 To 2027
Under the Framework for 2024-27, a separate INR Swap Window has been introduced with various concessions for swap support in Indian Rupee.
State Bank of India
26 Jun 2024
SBI Raises Rs 10,000 Crore Through Infrastructure Bonds: Details Here
The investors were across provident funds, pension funds, insurance companies, mutual funds, corporates etc.
State Bank of India
23 Jun 2024
SBI Plans To Open 400 Branches In FY25: Chairman Khara
SBI General Insurance reported a 30.4 per cent rise in net profit to Rs 240 crore for the financial year ended March 2024.
State Bank of India
19 Jun 2024
SBI Board Approves Raising Rs 20,000 Cr For FY25 Via Long Term Bonds
Earlier this month, SBI raised 100 million dollars through its London branch by issuing three-year senior unsecured floating-rate bonds.
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