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State Bank of India

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News on State Bank of India
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3rd tranche of electoral bonds sale from May 1: Finance Ministry

4.10 pm | 24 Apr 2018 |  Source: PTI

"State Bank of India (SBI), in the 3rd phase of sale, has been authorised to issue and encash electoral bonds through its 11 authorised branches w.e.f...

Withdraw up to Rs 2,000 from PoS machines free of charge: SBI

4.30 pm | 19 Apr 2018 |  Source: PTI

As per the RBI guidelines, the withdrawal limit from PoS machines at retail outlets in Tier 1 and 2 cities per card per day is Rs 1,000 and Rs 2,000 f...

Cash shortage problem to be resolved by April 20: SBI Chief Rajnish Kumar

2.07 pm | 19 Apr 2018 |  Source: PTI

The finance ministry said earlier this week that there is an unusual spurt in demand in some parts of the country like Andhra Pradesh, Telangana, Karn...

Cash situation at ATMs improving, says SBI

3.03 pm | 18 Apr 2018 |  Source: PTI

Several other lenders, including PNB, Canara Bank and Axis Bank claimed that cash shortage at ATMs was limited to select pockets....

Banks' NPA woes to continue in Q4; retail loan growth to support financials

2.19 pm | 18 Apr 2018 |  Source: Moneycontrol.com

The banking index may not see any relief and the stocks may continue to see its share of pain, especially among the public sector banks...

Cash crunch: More than adequate currency in circulation, says FM Arun Jaitley 

1.03 pm | 17 Apr 2018 |  Source: Moneycontrol.com

The Centre and the Reserve Bank of India (RBI) have stepped in to tackle the shortage of cash in several states....

PNB scam: CBI questions 2 DGM-level officers of SBI

6.58 pm | 12 Apr 2018 |  Source: PTI

They said the agency is focusing on the execution of Letters of Undertaking (LoUs) fraudulently issued by PNB's Brady House branch in favour of fo...

Videocon-ICICI Bank loan controversy: I-T department sends notice to NuPower Renewables over round-trip of funds

6.24 pm | 03 Apr 2018 |  Source: Moneycontrol.com

The department has asked NuPower Renewables to see whether the company has created an interest free fund and whether it availed any consideration for ...

Markets@Moneycontrol: After two days of recovery, bourses reverse gains 

4.32 pm | 28 Mar 2018 |  Source: Moneycontrol.com

Tata Steel, Vedanta, ICICI Securities, SBI, Reliance Industries, ITC and Infosys fell 1-3 percent while Wipro, Tech Mahindra and Bosch gained up to 4 ...

SBI hikes rates on fixed deposits kept for more than 2 years, ahead of RBI policy

10.48 am | 28 Mar 2018 |  Source: Moneycontrol.com

Even as RBI has kept key policy rate unchanged in the last three review meetings, rate cycle has moved north as bond yields have been rising...

Arvind Panagariya makes strong case for privatisation of public sector banks

2.42 pm | 25 Mar 2018 |  Source: PTI

Panagariya, who is currently a professor of economics at Columbia University, further said that predominance of scandals and NPAs in PSBs is only one ...

Nine of top 10 companies lose Rs 36,468 cr in m-cap

10.41 am | 25 Mar 2018 |  Source: PTI

The market capitalisation (m-cap) of State Bank of India (SBI) tanked Rs 15,537.7 crore to Rs 2,02,507.98 crore....

SBI reported Kanishk Gold, Nathella Sampath as fraud accounts in 2017-end

8.54 pm | 23 Mar 2018 |  Source: PTI

The sanctioned aggregate limits of Rs 215 crore by SBI in a consortium arrangement has been classified by the bank as fraud on November 16, 2017 for h...

Following PNB fraud, PSBs keeping a strict vigil on the jewellery sector

6.45 pm | 23 Mar 2018 |  Source: Moneycontrol.com

Some bankers are skeptical of the audits carried out in the industry as there is no centralised system in place for the jewellery industry, and the cu...

PSU banking space barring SBI is a complete avoid, says Sudip Bandopadhyay 

5.04 pm | 22 Mar 2018 |  Source: CNBC-TV18

Sudip Bandopadhyay, Group Chairman of Inditrade Capital discusses with Anuj Singhal and Sonia Shenoy his analysis on the fundamental side of the marke...

Sell Jindal Steel & Power, BPCL; buy Dewan Housing Finance Corporation: Ashwani Gujral 

11.36 am | 22 Mar 2018 |  Source: CNBC-TV18

Ashwani Gujral of ashwanigujral.com is of the view that one can sell Jindal Steel & Power and BPCL and can buy Dewan Housing Finance Corporation....

Buy, Sell, Hold: 5 stocks are in focus on March 22, 2018

10.08 am | 22 Mar 2018 |  Source: Moneycontrol.com

Sun Pharma, Vedanta, and Jubilant Foodworks, among others, are on investors’ radar on Thursday....

CBI registers FIR in Rs 824 cr loan fraud by Kanishk Gold; carries out searches

8.40 pm | 21 Mar 2018 |  Source: PTI

The case has been registered by the Central Bureau of Investigation (CBI) on a complaint from the SBI on behalf of the 14-bank consortium, they said....

Chennai-based Kanishk Gold defrauds 14 banks for Rs 824.15 cr; CBI registers case

7.15 pm | 21 Mar 2018 |  Source: Moneycontrol.com

Chennai-based jewellery chain Kanishk Gold Pvt Ltd has defrauded nearly 14 banks on a loan worth Rs 842.15 crore....

Magicbricks-SBI online home festival generates interest from 70,000 buyers

6.32 pm | 21 Mar 2018 |  Source: PTI

"The 'SBI-Magicbricks Big Bang Home Carnival' witnessed an overwhelming response from over 70,000 potential buyers who were interested in home...

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