Rs 4,000 crore scam: CBI case on Coastal Projects Limited

These include IDBI, Canara Bank, Bank of Baroda, Bank of Maharashtra, PNB, Union Bank of India, Exim Bank, ICICI, Axis Bank, Yes Bank among others. 

published on : 12th January 2021

SBI offers up to 30 bps interest concession on home loans in 8 cities

According to an official statement, the bank is offering discount up to 0.3 per cent on home loan interest rates based on the loan amount and CIBIL score.

published on : 9th January 2021

SBI raises USD 600 million from overseas bond sale at 1.80 per cent coupon

The bonds issued through the SBI's London branch, will be listed on Singapore Exchange and India INX, the international bourse from BSE, the release said.

published on : 7th January 2021

HC asks SBI to maintain status quo on accounts of RCom, Reliance Telecom, Infratel

Justice Prateek Jalan passed the order on a plea by erstwhile directors of the three companies challenging a RBI circular from 2016 regarding declaration of accounts as fraud by banks.

published on : 6th January 2021

Telangana-based infra firm manipulated bank records to divert funds, says SBI audit

Days ago, the CBI had registered cases against the management of IVRCL for defrauding the consortium of banks.

published on : 4th January 2021

Proposed DFI should mobilise global funding for infrastructure projects, says SBI chief Dinesh Khara

Given the huge requirement of funds for infrastructure development, foreign funds would be required very much, he noted.

published on : 15th December 2020

SBI along with NPCI, Japan's JCB launch contactless debit card

With this card, customers would be able to transact on ATMs (Automatic Teller Machines) & PoS (Point of Sale) terminals across the globe under the JCB network.

published on : 1st December 2020

Mercedes Benz, SBI pact for car finance

Mercedes-Benz on Tuesday said that it has partnered with State Bank of India (SBI) for extending car finance to both its and the bank’s customers.

published on : 25th November 2020

Burglars break open bank locker, decamp with Rs 85 lakh in Guntur

Guntur Rural Superintendent of Police Vishal Gunni visited the burgled bank branch. He suspected the hand of professional offenders behind the burglary.

published on : 22nd November 2020

Economy expected to bounce back from next fiscal: SBI chairman

There will be a 'paradigm shift which will lead to a more matured economy' with economic players learning to contain costs, said SBI chairman Dinesh Kumar Khara.

published on : 7th November 2020

SBI pegs slippages, loan recast for this fiscal at Rs 60,000 crore

So far this year, the bank has reported slippages of Rs 6,393 crore. Its pro forma slippages in the second quarter amounted to Rs 14,386 crore.

published on : 5th November 2020

Paytm teams up with SBI Card to launch co-branded credit cards

The announcement comes barely a fortnight after Paytm said it will partner with various card issuers to introduce co-branded credit cards and was aiming to issue 20 lakh cards in the next 12-18 months

published on : 4th November 2020

SBI's Q2FY21 net profit rises over 51% 

The bank's non-interest income (excluding one-off items) remained flat at Rs 8,528 crore from Rs 8,538 crore earned during Q2FY20.

published on : 4th November 2020

Pandemic effect: Grace pass marks for students who missed Inter exam

Apart from this, 338 students, who were caught committing malpractices this year, are also being declared as passed.

published on : 4th November 2020

Absentees, exonerated students pass Telangana Intermediate Public Exams

To clear the Intermediate Public Exams, students need to secure at least 35 per cent marks in each subject and aggregate. 

published on : 3rd November 2020
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