_2020091018165303jzv.jpg "Decoding The World Of ETF")
Oct 26, 2020 03:14 PM IST The State Bank of India-led consortium of banks also informed the Supreme Court that Rs 11,000 crore were still needed to be recovered from fugitive businessman Vijay Mallya.
Oct 22, 2020 07:45 PM IST The company has not classified accounts that are standard as on August 31, 2020, as NPAs following a SC order. If that is to be taken into account its Q2 gross NPAs would have jumped to 7.5%, from 1.4% Q-o-Q.
Oct 21, 2020 11:33 AM IST SBI will offer a 20 bps interest concession on loans above Rs 75 lakhs, based on CIBIL score. An additional 5 percent will be given if the application is done through the YONO platform.
Oct 19, 2020 12:40 PM IST Under the "Adopt-a-family" scheme, 7 lakh families (28 lakh individuals) would receive a combined monetary benefit of Rs 3,500 crore, according to a calculation by economists at SBI.
Oct 18, 2020 05:03 PM IST DLF Cyber City Developers Ltd (DCCDL), the joint venture between DLF and Singapore sovereign fund GIC, has 33 million sq ft of office and retail properties generating an annual rental income of Rs 3,500 crore.
Oct 08, 2020 12:44 PM IST Time may be ripe to create a ‘bad bank’ as the net book value of NPAs have fallen sharply and another round of bad loan shock is round the corner in the backdrop of Covid-19, say experts
Oct 07, 2020 02:51 PM IST Outgoing SBI chairman says without the State Bank, the implications of the Yes Bank saga could have been serious to the stability of the banking system in the country. Corporate NPAs, he says, are what causes the biggest problem.
Oct 07, 2020 09:54 AM IST Rajnish Kumar worked at SBI for 40 years, after joining as a Probationary Officer in 1980. As he hands over the baton to his successor, SBI is in a much stabler position, financially. However, unseen shocks from COVID-19 can escalate bad loans. But as Kumar says: “A leader is only as good as his team. I always believe that a good team is essential to make things happen. Fortunately, SBI has no dearth of talent.”
Oct 05, 2020 09:11 AM IST 968 infected and 1 dead are SBI staff, while among private banks, 390 of Axis Bank staff tested positive
Oct 01, 2020 11:23 PM IST This is a rare lateral hire from the private sector by SBI for a C-suite position. In the past, it has relied on its experienced talent pool of top management
Oct 01, 2020 02:09 PM IST Under the partnership, SBI will digitally empower HUL retailers and distributors through UPI based payment solutions and PoS (point-of-sale) terminals.
Sep 30, 2020 02:22 PM IST All eyes are on the banks if they will take a decision on the winning bid by October 7, the last working day of Rajnish Kumar, Chairman of SBI, the lead lender to Jet Airways
Sep 29, 2020 03:10 PM IST Eligible and interested candidates are required to submit their application forms online at https://bank.sbi/web/careers on or before October 8.
Sep 28, 2020 12:22 PM IST SBI said homebuyers can avail 5 bps interest concession if they apply for a home loan via its YONO app
Sep 28, 2020 09:35 AM IST “Customers are now being targeted on WhatsApp. Don't let cyber criminals fool you! Please be aware and stay vigilant." SBI said in a tweet.
Sep 26, 2020 06:59 PM IST As shown in the cases of SBI, PNB, Union Bank, BoB, Bank of Maharashtra and IDBI Bank, most of the time, there is no or negligible recovery for the amounts written off
Sep 25, 2020 09:11 AM IST SBI has mentioned a few points for its customers to do if they come across such scams.
Sep 23, 2020 03:51 PM IST SBI had on September 21 released two sets of FAQs on its resolution framework for stressed loans during the COVID-19 pandemic.
Sep 22, 2020 04:06 PM IST Earlier, State Bank of India had launched an online tool to help borrowers understand the details of the Covid resolution scheme.
Sep 22, 2020 12:44 PM IST SBI has shared a 22-second small video clip explaining about Automated Deposit and Withdrawal Machine
Sep 22, 2020 10:50 AM IST SBI released two sets of FAQs - one for personal loans and another for borrowings in the non-personal segment, such as corporate loans.
Sep 21, 2020 04:17 PM IST SBI’s retail customers upon logging in the portal will be asked to key in their account number. After completion of OTP validation and inputting a few necessary information, customers will come to know their eligibility and receive a reference number
Sep 18, 2020 08:11 AM IST For withdrawing Rs 10,000 and above, SBI debit cardholders now have to enter OTP sent on their registered mobile numbers along with their debit card PIN each time.
Sep 14, 2020 10:02 AM IST The firm expects SBI to deliver better than current market perceptions on asset quality adding that concerns related to Yes Bank should also abate.
Sep 13, 2020 06:30 PM IST After the first moratorium ended, SBI Card made it a customer-led enrolment in the second moratorium in which a lot of customers did not enroll.
