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State Bank of India

SBI cuts MCLR by 5 bps across tenors

With this cut, 1-year MCLR has come down to 8.45 percent per annum from 8.5 percent.

May 10, 2019, 18:44 PM IST

SBI reports net profit of Rs 838 crore Mar 2019 quarter; trims bad loan ratio

The state-owned lender had witnessed a net loss of Rs 7,718.17 crore during the corresponding January-March quarter of 2017-18.

May 10, 2019, 18:41 PM IST

Lohani may meet SBI chief over leasing of wide-body Jet planes

Weighed down by a mountain of debt and falling revenue, Jet Airways announced suspension of its entire operations from Wednesday night and owns 16 wide-body planes, 10 B777-300ERs and six Airbus A330s.

Apr 19, 2019, 14:40 PM IST

Jet Airways pilots appeal to SBI for funds, also ask PM to save 20,000 jobs

The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash.

Apr 15, 2019, 12:33 PM IST

SBI hopeful of resolution of Jet Airways crisis next week

Founder chairman Goyal and his family own 52 percent in the airline now which he had agreed to pare down to 22 percent to secure a financial bailout.

Mar 15, 2019, 16:33 PM IST

In a first, SBI links pricing of loans, deposits to repo rate

The new rates linked the external benchmark rate of the repo rate, will be effective May 1, the bank said in a late evening statement.

Mar 08, 2019, 22:44 PM IST

Sale of electoral bonds in 3 tranches from March: FinMin

The bonds will be sold in three tranches from March 1-15, April 1-20 and May 6-15.

Feb 28, 2019, 16:14 PM IST

Jet Airways shares plunge over 6% after co grounds 7 more planes

So far this month, as many as 13 planes of the company have been grounded on account of non-payment of rentals to lessors.

Feb 28, 2019, 12:32 PM IST

Jet Airways grounds seven more planes as it fails to pay lessors

Jet Airways said on Wednesday it had grounded seven more aircraft as the carrier failed to make payments to its lessors, taking the tally of planes hamstrung by the defaults to 13.

Feb 27, 2019, 20:05 PM IST

SBI opens bids for mega e-auction of over 1000 properties: Date, requirement and more

SBI said that there is designated contact person also for auction at the Branches whom prospective buyers may approach.

Feb 26, 2019, 14:58 PM IST

Reserve Bank of India imposes monetary penalty on four banks

This action is based on deficiencies in regulatory compliance.

Feb 13, 2019, 18:14 PM IST

Rs 5 lakh prize money for SBI - Predict for Bank 2019 hackathon: Check eligibility, application dates

All you have to do is predict corporate customer loan default.

Feb 05, 2019, 15:37 PM IST

Ready to infuse up to Rs 700 cr in Jet Airways subject to conditions, says Naresh Goyal

When shareholding of an entity in a listed company goes beyond a certain threshold, then the open offer requirement is triggered under Sebi's Takeover Code.

Jan 17, 2019, 13:26 PM IST

Lenders considering resolution plan for Jet Airways: SBI

There are rising concerns over financial health of Jet Airways, whose shares have also taken a beating at stock exchanges.

Jan 17, 2019, 12:10 PM IST

7th tranche of electoral bonds sale to kick off from January 1

Electoral bonds aggregating to Rs 1,056.73 crore were purchased by citizens or entities till the completion of sixth phase of issuance of electoral bonds in November 2018.

Dec 28, 2018, 10:54 AM IST

EDs of nationalised banks eligible to become MD of SBI: Fin Min

Traditionally, nationalised banks' EDs were elevated as MD, while DMDs were made MDs of SBI. There are four MDs in SBI and a chairman heads the bank.

Dec 18, 2018, 14:46 PM IST

Last day to link your mobile number with SBI a/c today, else internet banking will be blocked

RBI has mandated that banks must ask their customers to mandatorily register for SMS alerts for electronic banking transactions.

Nov 30, 2018, 09:52 AM IST

SBI internet banking facility may be blocked if mobile number not linked before December

The latest SBI announcement comes in the wake of the Reserve Bank of India's circular in July this year stating that banks must ask their customers to mandatorily register for SMS alerts.

Oct 15, 2018, 14:28 PM IST

SBI launches YONO shopping festival; offers up to 40% discount

All SBI credit and debit card holders will get an additional 10 percent cashback over and above discounts provided by the merchants on YONO.

Oct 15, 2018, 12:40 PM IST

SBI steps in to rescue cash strapped NBFCs, to buy good assets worth Rs 45,000 crore

NBFCs along with mutual funds have been facing a liquidity crunch following a series of loan repayment default since late September by IL&FS and its group companies.

Oct 10, 2018, 09:46 AM IST