Tag: State Bank of India
SBI Cuts Cost Of Lending Rate By 0.9% Across Maturities
With major infusion of fresh liquidity arising from the demonetisation measure, state-run State Bank of India said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge in deposits.....
PM Justifies Note Ban, But Skips Mentioning Deaths
Speaking on demonetisation in Parliament for the first time, Prime Minister Narendra Modi on Tuesday justified the November 8 move, saying it was made at the right time, but he did not make any comment on the deaths caused by the note ban despite opposition members raising the issue.....
SBI Cuts Home Loan Rates By 25 Bps
The country's largest home loan provider State Bank of India (SBI) has announced reduction in the home loan rates by 25 basis points (bps) from 8.60 per cent to 8.35 per cent per annum, which will come into effect from Tuesday.....
Demonetisation, A Right Decision At Right Time : PM Modi
Prime Minister Narendra Modi on Tuesday strongly defended his government's decision to ban high value currency notes, saying it was the right step taken at the right time to rid the Indian economy of tax evasion and black money.....
Kejriwal Slams Modi After ATM Dispenses Fake Notes
Delhi Chief Minister Arvind Kejriwal on Wednesday slammed Prime Minister Narendra Modi after fake 2,000 rupee notes were allegedly dispensed by an ATM here.....
SBI ATM Dispenses Fake Notes, Culprits Identified
An SBI ATM here dispensed fake 2,000 rupee notes, and police said on Wednesday that they had identified the culprits.....
Shut Down SBI Branches Till Cash Flow Improves, Says Trade Union
State Bank of India (SBI) can shut down its branches till the supply of cash gets normalised and staff are not put to risk to face the ire of banking public, a top union leader said. ....
3 Held With Old Currency Notes Worth Rs 31.65 Lakh
Three persons have been detained here on Thursday with scrapped currency notes of Rs 500 and Rs 1,000 worth Rs 31.65 lakh, the city police said. ....
SBI Net Profit Up 134% In Q3 On Stake Sale In Subsidiary
India's largest public sector lender State Bank of India (SBI) on Friday reported a 134.01 per cent increase in its standalone net profit to Rs 2,610 crore in the 2016-17 fiscal's third quarter ended December 31, on low provisioning for bad loans and stake sale in SBI Life Insurance.....
Rs 2 Lakh-worth Fake New Notes Seized By BSF
Border Security Force (BSF) personnel on Wednesday seized fake Indian currency notes of Rs 2,000 denomination, having a face value of Rs 2 lakh, from Malda district in West Bengal. ....
