State Bank of India

Lost job? Pay cut? New SBI scheme to rejig retail loans

Borrowers can check their eligibility and upload relevant documents on the SBI website, which would be followed up by scrutiny and approval at the branch level. 

published on : 22nd September 2020

Titan-SBI unveil contactless payment watches

Titan Company Ltd has partnered with the country’s largest lender State Bank of India to launch contactless payment watches.

published on : 17th September 2020

Uttarakhand rural GDP registers 79 per cent loss: SBI report

The report had come out in August end covering the first lockdown period which hit the economy hard rendering millions jobless.

published on : 8th September 2020

SBI board clears voluntary retirement scheme for 2020, thousands to apply

All permanent employees who have completed 25 years of service or 55 years of age can opt for the scheme. However, it is up to the bank to accept or reject applications.

published on : 7th September 2020

SBI gets global recognition for HR initiative 'Nayi Disha'

The bank has won three Brandon Hall Excellence Awards, also known as the Academy Awards of Learning & Development, SBI claimed in a statement.

published on : 28th August 2020

State Bank of India celebrates 74th Independence-Day

He conveyed the Independence Day greetings to all the depositors.Braving heavy rain, the bank staff participated in the celebrations. 

published on : 16th August 2020

Senior official at SBI Zonal Office in Tiruchy dies of COVID-19, more than 20 staff test positive

He was working in the RACPC Branch (Retail Assets Central Processing Centre) which handles loans. The other 45 employees working in that centre were also tested.

published on : 26th July 2020

Rupee likely to stay stable if crude prices remain at current levels: SBI chairman

The rupee has not witnessed a sharp spike in the past two months and has been trading in the range of 75-76 per dollar.

published on : 2nd June 2020

SBI vows to donate Rs 1.1 crore for Covid fight

The State Bank of India, through its SBI Foundation, Telangana, committed to donate Rs 1.1 crore towards food, medical and health equipment distribution for the fight against Covid-19. 

published on : 30th May 2020

SBI cuts interest rates on fixed deposits across tenors

The new rates of interest, effective from Wednesday, shall be made applicable to fresh deposits and renewals of maturing deposits.

published on : 28th May 2020

COVID-19: SBI shuts Kolkata wing after employee tests positive, CISF official succumbs to deadly virus

The SBI official said the employee was not attending office for the last 8-10 days and was later found to have contracted the deadly virus.

published on : 8th May 2020

SBI cuts benchmark lending rate by .15 per cent; launches special deposit scheme for senior citizens

With regard to revision in the lending rate, the bank said, the marginal cost of funds based lending rate (MCLR) comes down to 7.25 per cent from 7.40 per cent with effect from May 10.

published on : 7th May 2020

SBI sees around Rs 60,000 crore repayment getting deferred: chairman Rajnish Kumar

The RBI move is aimed at providing borrowers some relief to borrowers, who are affected by the impact of lockdown on account of COVID-19.

published on : 27th March 2020

Coronavirus outbreak: SBI sets up quick response team for staff safety

Besides, the bank is providing protective gears, such as masks, and hand sanitisers to its staff for their well-being.

published on : 22nd March 2020

SBI cuts marginal cost of lending rate by up to 15 points across tenors

SBI said that the bank has reduced its one-year MCLR by 10 basis points to 7.75 per cent from 7.85 per cent earlier.

published on : 11th March 2020
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