The Chairman of State Bank of India (SBI) has filed an affidavit in the Supreme Court apprising that in compliance with the top court’s order, date of purchase of each Electoral Bond, the name of the purchaser and the denomination of the Electoral Bond purchased has been furnished to the Election Commission […]
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SC dismisses SBI’s plea seeking extension of time to submit details of Electoral Bonds, directs disclosure by March 12
The Supreme Court on Monday dismissed an application of State Bank of India (SBI) seeking an extension of time till June 30 to submit details of Electoral Bonds to the Election Commission of India and asked the bank to disclose the details by March 12. A five-judge Constitution bench of Chief Justice of India DY Chandrachud and Justices […]
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No forms, ID cards needed for exchange of Rs 2000 banknotes: SBI
State Bank of India (SBI) customers will not be required to submit any ID cards or fill out any requisition forms to exchange their Rs 2000 currency notes. They however would be allowed to exchange a maximum of ten currency notes of Rs 2000 at a time, according to a communication shared by the SBI with all its […]
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SBI branches, ATM services to be affected due to nationwide strike on March 28, 29
The State Bank of India (SBI) will most likely be closed on March 28 and 29 due to a two-day nationwide strike. The country’s largest lender has stated that various employee unions have called for a two-day strike, which may have an impact on its banking services. “We advise that, […]
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DCW issues notice to SBI, seeks withdrawal of guidelines for pregnant women
The Delhi Commission for Women (DCW) on Satuday issued a notice to State Bank of India (SBI) seeking withdrawal of the guideline, that prevents women, who are over three months pregnant, from joining service, terming them as “temporarily unfit”. DCW Chief Swati Maliwal said that this is both “discriminatory” and “illegal”. The notice […]
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SBI marks 75 years of Independence with new offers for customers
State Bank of India (SBI) on Monday announced several offers, including a 100 percent waiver on processing fees for car loan customers across all channels. The customers can further enjoy the facility of up to 90 percent on-road financing. SBI is offering a special interest concession of 25 bps for […]
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RBI imposes penalties on SBI, 13 banks for violation of rules
The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty on fourteen banks, including the State Bank of India (SBI) and Bank of Baroda (BOB) for violation of various rules. As per an official release, the violence includes non-compliance with certain provisions of directions issued by RBI on ‘Lending to Non-Banking Financial Companies (NBFCs)’, […]
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SBI employees contribute Rs 62.62 cr to PM CARES Fund
On the 66th Foundation Day of the State Bank of India (SBI), its employees donated Rs 62.62 crore to the PM CARES Fund to support the nation’s ongoing fight against COVID-19. Continuing their support to the fight against COVID-19, around 2.50 lakh employees of the SBI, have donated a sum of Rs […]
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Inflation persistence vis-a-vis low growth, RBI has limited choice: SBI
Driven by several global and domestic factors, inflation may remain elevated in the coming months, State Bank of India’s research division said on Wednesday. Soumya Kanti Ghosh, Group Chief Economic Adviser at SBI, said that faster-than-anticipated and robust recovery in some advanced countries is likely to exert upward pressure on international commodity […]
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Yamuna International Airport Pvt Ltd secures financing from SBI for development of Noida Airport
The Yamuna International Airport Pvt Ltd (YIAPL) has received the final credit sanction for Rs 3725 crore from the State Bank of India (SBI) for the development of Noida International Airport (NIA), it said in a statement issued on Friday. Christoph Schnellmann, the Chief Executive Officer of Yamuna International Airport […]
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Equities spurt as RBI keeps rates unchanged, SBI up 12 pc
The rally at bourses continued during early hours on Friday as the Reserve Bank of India (RBI) kept key interest rates unchanged. At 10:15 am, the BSE S&P Sensex was up by 372 points or 0.74 percent at 50,986 while the Nifty 50 edged higher by 84 points or 0.57 percent to 14,980. Sectoral indices […]
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SBI Apprentice Recruitment 2020: Last day to apply for 8500 vacancies.
The online registration process for SBI apprentice recruitment 2020 will close on Thursday, December 10, 2020. The online application process for the recruitment of 8500 apprentices in various zones began on November 20, 2020. Interested and eligible candidates can apply for the positions online at sbi.co.in. The SBI apprenticeship examination […]
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India Inc must start investing: SBI chief
India Inc. will need to overcome risk aversion and start investing if the economy has to pick up, said State Bank of India (SBI) chairman Rajnish Kumar. Speaking at the Confederation of Indian Industries (CII) Annual Session 2020 on Tuesday, he said banks were flush with funds but corporates are […]
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Sensex hits record high of 40,345; SBI, Infosys, Tata Motors, Yes Bank rally as top gainers
Market benchmark BSE Sensex surged over 293 points to hit its record intra-day high of 40,344.99 on Thursday led by rally in index heavyweights Infosys, SBI, HDFC Bank and TCS. After opening on a strong note, the 30-share index was trading 263.69 points, or 0.66 per cent, higher at 40,315.56 […]
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SBI clerk final result 2019 declared at sbi.co.in, here’s how to check
The SBI clerk final result 2019 was declared on Tuesday, October 29. Candidates can check SBI clerk final result 2019 on the career page of SBI’s official website. How to check SBI clerk final result 2019: 1) Go to the career section of official SBI website 2) Click on the link […]