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Latest Articles in State Bank of India SBI

SBI General Launches Helpline For Customers

SBI General is helping customers with queries related to any of their health policies ranging from policy covers to the claims process with this health line

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SBI Puts Up For Sale NPA Account MSP Metallics

The interested ARCs/banks/NBFCs/FIs can conduct due diligence of these assets with immediate effect, after submitting expression of interest and executing a Non-Disclosure Agreement (NDA) with the bank

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Govt Appoints Anil Kumar Sharma On Central Board Of SBI With Immediate Effect

SBI's central board of directors comprises a total of 13 members, headed by its chairman Dinesh Kumar Khara

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The Crown King

The bank’s operating profit stood at Rs 68,133 crore in F Y20 as compared to Rs 55,436 crore in the previous year.

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SBI Collects Rs 300 Cr From Zero Balance Accounts For Certain Services In 5-Yr: Study

India's second-largest public sector lender Punjab National Bank, which has 3.9 crore BSBD accounts, collected Rs 9.9 crore during the same period.

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SBI Mutual Fund Asset Base Crosses Rs 5 Lakh Crore Mark

HDFC MF, which is at the second position, saw its asset base rising to Rs 4.15 lakh crore during the period under review from Rs 3.89 lakh crore in the December quarter.

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SBI Card Brings Back Former CEO Tewari As Board Director

A career banker, Tewari started with SBI in the year 1991 as a probationary officer and was the MD and CEO of SBI Card before being appointed back to SBI in January this year.

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SBI Digital Services Affected Due To Maintenance Issues

The bank informed its customers on Thursday morning that it is upgrading its digital banking platforms, including Yono, Yono lite, internet banking, Unified Payments Interface (UPI).

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SBI Raises USD 1 Bn Loan From JBIC To Help COVID-Hit Japanese Auto Cos In India

The loan is in the form of refinance against the funding support provided to the manufacturers, suppliers and dealers of Japanese automobiles in India, whose business activities are recovering from reduced sales due to COVID-19

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Govt Approves Issuance Of Electoral Bonds From April 1-10

An electoral bond will be valid for 15 days from the date of issue. No payment would be made to any payee political party if the bond is deposited after expiry of the validity period, as per the statement.

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HDFC Bank, SBI, Others Not Adhering To Norms On Bulk SMEes, Says TRAI; Sets Mar 31 Deadline For Full Compliance

The norms require bonafide entities sending commercial text messages to register message header and templates with telecom operators. The SMSes and OTPs, when sent by user entities (banks, payment companies and others), are checked against the templates registered on the blockchain platform -- a process called SMS scrubbing.

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SBI To Conduct E-Auctions Of 12 Bad Accounts This Month

State Bank of India said Aarya Industrial Products has filed a suit against it in January 2016 before Civil Court, Alipore, Kolkata for claiming recovery damages of Rs 226 crore.

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Pandemic Eats Up Rs 13 Lakh Crore Of Household Income: Report

Housing sales shrank 31 per cent in 2020 as against 2019 in terms of value and unit sales, while new property sales are only 16 per cent of the total so far.

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ICICI Bank Cuts Home Loan Rate To 6.70 Per Cent

The new home loan rates are effective from March 5, the bank said, adding borrowers of up to Rs 75 lakh will get credit at 6.70 per cent, while those above that threshold will need to pay 6.75 per cent.

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Indian State-Run Banks Likely To See Bad Loan Additions Moderate - Morgan Stanley

The Nifty public sector bank index was down 0.4% on Thursday. The index has risen nearly 39% so far this year against a drop of about 31% in 2020.

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