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News on State Bank of India
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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...

Lenders reject bids by Numetal, ArcelorMittal for Essar Steel

5.05 pm | 21 Mar 2018 |  Source: PTI

"The (Numetal and ArcelorMittal) were found to be ineligible under the Section 29 A of the IBC. They did not fall under the satisfactory criterion tha...

Sell PC Jeweller, ICICI Bank, Tata Steel: Ashwani Gujral 

2.50 pm | 21 Mar 2018 |  Source: CNBC-TV18

Ashwani Gujral of ashwanigujral.com suggests selling PC Jeweller, ICICI Bank and Tata Steel....

Buy SBI, Bank of Baroda, JSPL: Ashwani Gujral 

1.08 pm | 20 Mar 2018 |  Source: CNBC-TV18

Ashwani Gujral of ashwanigujral.com advises buying SBI, Bank of Baroda and JSPL....

Buy, Sell, Hold: 2 stocks and 4 sectors are on analysts’ radar on March 20, 2018

9.37 am | 20 Mar 2018 |  Source: Moneycontrol.com

Zee Entertainment, SBI and steel sector, among others, are being tracked by investors on Tuesday....

SBI, IMGC sign MOU to offer mortgage guarantee backed home loan

7.28 pm | 19 Mar 2018 |  Source: PTI

The offering will help increase home loan eligibility up to 15 per cent within the regulatory norms, the State Bank of India (SBI) said in a statement...

Sale of bad loans slow down as ARCs bargain with banks over pricing

2.11 pm | 19 Mar 2018 |  Source: Moneycontrol.com

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AI mopped up Rs 543.03 crore from asset monetisation: Govt

8.41 pm | 15 Mar 2018 |  Source: PTI

The monetisation included the sale of six flats at Sterling Apartment, Mumbai to the State Bank of India with each of these flats fetching Rs 22 crore...

SBI clarifies closure of 41.16 lakh savings bank accounts due to merger, not failure to keep minimum balance

4.54 pm | 15 Mar 2018 |  Source: Moneycontrol.com

On Wednesday, a report said that due to provisions of penalty on non-maintenance of minimum balance, SBI had closed 41.16 lakh savings bank accounts b...

I-T Department asks 10 PSUs to pay more advance tax to meet tax collection target

11.35 am | 15 Mar 2018 |  Source: Moneycontrol.com

Inconsistency in advance tax payments was a reason for this step, the report said....

News highlights of the day: SBI closes 41.2 lakh savings accounts for not keeping minimum balance

6.45 pm | 13 Mar 2018 |  Source: Moneycontrol.com

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political de...

If you have a corpus of Rs 10 lakh at 35, this is where you should invest to achieve your millionaire dream

11.25 am | 13 Mar 2018 |  Source: Moneycontrol.com

The valuations have come off from the recent highs which makes largecaps a preferred play, and midcaps after witnessing correction are still trading a...

SBI cuts charges for non-maintenance of minimum balance by up to 75% from April 1

10.53 am | 13 Mar 2018 |  Source: Moneycontrol.com

The move will benefit nearly 25 crore of the bank's customers....

Man spends USD 1.41 mn on UK websites using SBI card with USD 200 limit: CBI

8.51 pm | 12 Mar 2018 |  Source: PTI

The SBI had filed a complaint with the CBI in this regard alleging that its NRI Seawoods branch in Navi Mumbai had issued a Foreign Travel Cards for w...

Rising interest rates & volatile stocks: Asset allocation to hold key in perfect storm

11.06 am | 10 Mar 2018 |  Source: Moneycontrol.com

Here are a few interesting reads that will help you put your money matters in order in the volatile times....

RBI fines Airtel Payments Bank Rs 5 crore for violation of KYC norms

7.01 pm | 09 Mar 2018 |  Source: Moneycontrol.com

More than 23 lakh customers reportedly received Rs 47 crore in their Airtel payments bank accounts, which they did not know had been opened....

To make further provision for NCLT accounts in Q4FY18; long-term PPAs a problem: SBI 

11.01 am | 09 Mar 2018 |  Source: CNBC-TV18

We have submitted from lenders perspective or as a sound advice that it is not right strategy for discoms to rely solely on short-term PPAs. The long-...

Women homebuyers get preference under PMAY, interest concession by banks

1.11 pm | 08 Mar 2018 |  Source: Moneycontrol.com

Data indicates that the number of women applicants under PMAY have increased by 6 per cent over the last two years...

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