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Home > State Bank of India
State Bank of India
State Bank of India Chairman Rajnish Kumar had, on Monday, suggested that while the bank has linked home loans and cash credit facilities to the repo rate, deposits too should have floating rates.
Floating rates for bulk deposits on the cards?
21 Aug 2019 1:11 AM

About 35 per cent of bank liabilities are savings bank (SB) deposit.

SBI has waived processing fees on car loans during festival season. The bank is offering lowest interest rate starting from 8.70 per cent to customers opting for car loan, with no escalation in interest, the statement said.
Festive season: SBI announces special benefits for car, personal, education loans
20 Aug 2019 3:22 PM

Customers can avail the cheaper loans with added benefits such as waiver in processing fees among others.

Shaktikanta Das
Shaktikanta Das for speedy move to repo-based rates
20 Aug 2019 2:47 AM

Governor rules out asset quality review of NBFCs.

The process of shifting to an external benchmark on rates needs to be faster and our expectation is that they should move faster, said Reserve Bank governor Shaktikanta Das. (Photo: File)
Time has come for banks to link loans, deposits to repo rate: RBI Gov Das
19 Aug 2019 12:42 PM

SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks followed.

State Bank of India.
PSU banks hold ideation round
19 Aug 2019 12:58 AM

SBI collectively identified many adoptable and innovative suggestions which can help improve the bank’s performance and establish a future road map.

Increased spending by the government and the upcoming festival season would boost demand, said SBI Chairman Rajnish Kumar.
Credit demand subdued, economy needs stimulus: SBI Chairman
18 Aug 2019 5:51 PM

Though lack of credit demand exists in the economy, there is no supply-side constraint said SBI Chairman Rajnish Kumar.

Videocon did not immediately reply to calls seeking comment.
State Bank of India seeks bids for Videocon's overseas oil, gas assets
05 Aug 2019 12:58 PM

SBI said it had appointed consultant Deloitte to find buyers for Videocon’s exploration assets in Brazil and Indonesia.

Similar memos have been sent to dealerships for all other brands, said a senior SBI official aware of the matter, though Reuters has not seen memos relating to other carmakers.
SBI tightens lending terms for auto dealers
31 Jul 2019 2:49 AM

Monthly passenger vehicle sales in June fell by the biggest margin in 18 years.

The revised charges will be applicable from September 1.
SBI to revise export transactions related service charges from Sep 1
26 Jul 2019 9:05 AM

SBI has taken into consideration the views and representations from various export promotion councils.

HDFC Bank's valuation plummeted Rs 22,395.4 crore to Rs 6,54,084.95 crore.
Nine of top-10 firms lose Rs 88,609 cr in m-cap
14 Jul 2019 2:43 PM

RIL was the lone gainer among the top-10 frontline companies, adding Rs 11,415.21 crore to its m-cap.

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