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STATE BANK OF INDIA NEWS IN ENGLISH

  • SBI Home Loan Processing Fee: SBI likely to charge

    Attention! SBI likely to charge processing fees on home loans

    Business | October 11, 2019 12:17 IST

    SBI Home Loan Processing Fee: India's largest lender State Bank of India (SBI) is likely to charge processing fees for home loans borrowers, top-up plans and corporate and builder loans.

  • Mumbai-based company cheats SBI of Rs 70 crore; CMD, CEO

    Mumbai-based company cheats SBI of Rs 70 crore; CMD, CEO booked by CBI

    India | October 09, 2019 17:30 IST

    The CBI has booked the CMD and the CEO of Mumbai-based ground handling company Livewel Air Team Pvt Ltd for allegedly cheating State Bank of India to the tune of Rs 70 crore by submitting forged documents for availing loans which remained unpaid, officials said on Wednesday.

  • SBI lowers rates on non-repo-linked loans by 10 bps

    SBI lowers rates on non-repo-linked loans by 10 bps

    Business | October 09, 2019 10:51 IST

    This is the sixth time that the country’s largest lender has cut its MCLR or minimum lending rate in the current financial year. The rate reduction is not applicable to the repo-linked loans.

  • SBI KYC Online: Attention! State Bank of India KYC pending?

    Attention! SBI KYC pending? Find documents list you need to submit

    Business | October 07, 2019 15:00 IST

    SBI KYC Online: Nowadays, Know your customer or KYC has become an important part of the banking system as per the RBI's norms. In fact, not adhering to KYC norms can also lead to heavy penalties being slapped on the offending banks.

  • Good news for SBI Customers! SBI launches Debit Card EMI

    SBI launches Debit Card EMI facility with multiple benefits

    Business | October 07, 2019 14:18 IST

    SBI Debit Card users alert: In what comes as good news for account holders of State Bank of India, the country’s largest lender on October 7 launched the ‘Debit Card EMI facility’ for its existing customers with an aim to provide an ultimate and affordable shopping experience this festive season.

  • Attention ATM users! SBI, Bank of Baroda restrict cash

    SBI, BOB restrict cash withdrawals from micro-ATMs of other banks

    Business | October 04, 2019 12:38 IST

    Bank ATM users alert: Bank of Baroda (BoB) and State Bank of India (SBI) have put cash withdrawal limitations for customers at micro-ATM terminals of other banks, in a move that would majorly impact banking services in rural areas.

  • Good News: Starting today, banks to hold 'Credit Shamiana'

    Banks to hold 'Credit Shamiana' to felicitate easy loans from today

    Business | October 03, 2019 12:59 IST

    In a bid to reach out to people across remote areas, the Public Sector Banks, including the State Bank of India will reach out to people by organising 'credit shamianas' for easy disbursal of loans. The move was a brainchild of finance minister Nirmala Sitharaman and is aimed to help farmers across the country.

  • Attention SBI account holders: New bank service charges,

    Attention! SBI new service charges, penalties from today

    Business | October 01, 2019 16:52 IST

    SBI new service charges and penalties: India's largest lender, State Bank of India (SBI) has revised its service charges and penalties with effect from today, i.e 1st October 2019. The bank has revised service charges including fee for non-maintenance of average monthly balance (AMB), ATM withdrawal from SBI branches and cash deposit transactions.

  • SBI credit card holder? From today you won't get to avail

    SBI credit card holders won't get to avail THIS benefit from today

    Business | October 01, 2019 11:44 IST

    SBI credit card holders alert! Are you India's largest public sector bank State Bank of India's (SBI) credit card holder? Then this news is important to you. SBI credit cardholders will not get to avail big benefit from today. Like earlier reports, State Bank of India (SBI) is the country's largest bank has decided to stop extending a big benefit to its credit cardholders.

  • State Bank of India branch

    SBI branch where you would love waiting in queue

    India | September 25, 2019 7:13 IST

    Residents of Diskit, which is about 100 Kms away from Leh, can now avail all kind of banking services in their hometown without any hassle of travelling miles to avail banking facilities, the State Bank of India said.

  • SBI warns account holders against fraudsters, says 'don't

    SBI warns account holders against fraudsters, says 'don't do this'

    Business | September 25, 2019 16:07 IST

    SBI users alert! India's largest public sector bank, the State Bank of India (SBI) has issued an advisory and warned its account holders about threats from fraudsters who devise new tricks to dupe thousands of customers daily. This menace is not just limited to SBI. Here's what you must know to keep your hard-earned money safe:

  • SBI to adopt repo rate as external benchmark for all floating rate loans from Oct 1

    SBI to adopt repo rate for all floating rate loans from Oct 1

    India | September 23, 2019 11:24 IST

    On September 4, the Reserve Bank of India (RBI) had mandated all banks to link all new floating rate personal or retail loans and floating rate loans to micro, small and medium enterprises (MSMEs) to an external benchmark from October 1 onwards.

  • SBI to roll out co-lending model with 4-5 NBFCs

    SBI to roll out co-lending model with 4-5 NBFCs

    Business | September 22, 2019 19:24 IST

    Once the present hurdles relating to the integration of technology with the non-banking finance companies (NBFCs) are removed, the model of co-lending will be launched and it will be completely automated without manual intervention from on-boarding of customers to loan disbursement and monitoring, the SBI official said.

  • State Bank of India officer shot dead

    SBI field officer shot dead in UP's Bijnore

    September 17, 2019 9:57 IST

    Chaitanya was shot in the head with a licensed pistol. The house was locked from the inside and his body was lying in a pool of blood in the washroom, with the pistol near his legs, the police said.

  • SBI account holders attention! Bank asks to maintain this

    SBI account holders attention! Bank asks to maintain this much minimum monthly balance or pay hefty penalty

    Business | September 13, 2019 23:30 IST

    SBI bank account holders alert: Are you State Bank of India (SBI) account holder? Do you have a saving account in SBI? Then this news is for you as India's largest public sector bank SBI has revised service charges for its customer for deposits and withdrawal. This changes will come in effect from October 1 which will encompass cash withdrawal, average monthly balance, deposits and withdrawals and will affect scores of customers in many ways.

  • SBI again cuts interest rates by 10 bps on home loans,

    SBI cuts lending rates by 10 bps; home loans to go cheaper

    Business | September 09, 2019 11:55 IST

    Public sector lender State Bank on Monday announced yet another reduction in lending rates by 10 basis points across tenors.

  • SBI PO Main Exam result 2019

    SBI PO Main Exam result 2019 declared. Get direct link to check result at sbi.co.in

    Exam Results | August 24, 2019 17:06 IST

    SBI PO Main result 2019: The State Bank of India (SBI) declared the result of Main examination for the post of Probationary Officer, on Saturday, at the official website -- sbi.co.in. Candidates who appeared for the SBI PO Main Exam 2019 can visit the website to check their results, or they can click on the direct link to the result page provided below.

  • SBI plans to establish nearly 10 lakh YONO Cash Points

    SBI plans to establish nearly 10 lakh YONO Cash Points

    Business | August 21, 2019 16:13 IST

    State Bank of India, the country's largest lender, is planning to establish nearly 10 lakh YONO Cash Points in the country over 18 months, said its Chairman Rajnish Kumar on Wednesday.

  • SBI aims to eliminate debit cards

    SBI plans to eliminate Debit Cards to promote Yono for digital payments

    Business | August 20, 2019 13:32 IST

    SBI has said that it wants to end 90 crore Debit Cards that is in circulation to promote digital payments like Yono platforms.

  • SBI PO Mains Result 2019: Direct Link, Steps to check

    SBI PO Mains Result 2019: Direct Link, Steps to check

    Education | August 20, 2019 12:06 IST

    SBI PO Mains Result 2019: SBI PO Mains Result 2019 is set to be announced on sbi.co.in soon. The State Bank of India (SBI) PO Mains Exam was conducted for the recruitment of 2,000 probationary officers (PO). The SBI PO Main Exam was conducted on July 20, 2019, at various centres across the country.   

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