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Friday, February 28, 2020

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SBI BANK NEWS

Explained: Why SBI expects India’s Q2 GDP to grow by just 4.2 per cent

November 13, 2019 6:56 am

The SBI has rolled back its forecasts for India’s GDP growth for the current from 6.1% earlier to just 5% now. For the next financial year (2020-21), it expects GDP to grow by 6.2%.

Explained: How SBI rate cuts will impact your savings, FDs, and home loans

October 10, 2019 6:51 am

The interest you earn from FDs and savings bank deposits will come down. New home loans will be cheaper, but existing home loan rates will not change immediately. The bank wants people to borrow more, and spend more.

SBI plans tapping Singapore SME businesses

June 22, 2019 8:43 am

Singapore SMEs accounts for 65% of employment and contributed SGD 196.8 billion or 49 percent to the economy in 2017, according to the Department of Statistics here.

SBI Bank's unprotected server leaked account data of millions of users, claims report

February 01, 2019 11:30 am

The server that was exposed was that of SBI Quick, which is the bank's SMS service that lets its users request for their account balance, last five transactions, loan queries, etc via a text message.

SBI raises deposit rates by up to 10 bps

November 29, 2018 1:32 am

The new rates ranging from 5 to 10 bps are applicable for deposits below Rs 1 crore and are effective immediately, the bank said on its website.

Increase tax exemption limit to three lakh rupees, says SBI report

January 22, 2018 9:02 pm

"As per our reading of the things, budget should give priority to agriculture, MSME, infrastructure and affordable housing," the report said.

SBI cuts base rate by 30 bps; home loan fee waived till March

January 02, 2018 12:55 am

Move to help reduce EMI burden of over 80 lakh existing customers.

SBI chief says rating upgrade a thumbs to reforms, foreign funds to get cheaper

November 17, 2017 3:12 pm

Earlier in the day, American rating agency Moody's raised sovereign rating of the country by a notch to Baa2 with stable outlook.

SBI special cadre officer recruitment exam admit card 2017 released at sbi.co.in

October 25, 2017 5:15 pm

SBI special cadre officer recruitment exam admit card 2017: The application process for the same began on September 15 and carried on till October 9. There are a total of 41 vacancies.

Non-Performing Assets, profitability top priorities: Rajnish Kumar

October 05, 2017 7:26 pm

"Resolving stressed assets is the top priority of the (SBI) bank. Bad loans need to be resolved on an urgent basis as it will help in reviving the economy," said Rajnish Kumar, the chairman-designate of State Bank of India.