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Latest Articles in State Bank of India SBI

SBI Announces Various Offers For Home Loan Borrowers

With the introduction of the new offer, a borrower can now avail home loan for any amount at a rate as low as 6.70 per cent

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Household Debt May Have Declined To 34% In Q1 FY22: SBI Report

The average amount of debt increased by 84 per cent and 42 per cent, respectively, for rural and urban households for the six-year period ended 2018

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SBI Raises Rs 4,000 Crore Via AT1 Bonds

This is the lowest pricing ever offered on such debt, issued by any Indian bank since the implementation of Basel III capital rules in 2013

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Conversion Of Vodafone Debt Into Equity An Option: Banks To DoT

The top court has given a time period of 10 years to telecom service providers struggling to pay Rs 93,520 crore of AGR-related dues to clear their outstanding amount to the government.

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State Bank Shares Gain Over 2 %; Mcap Climbs Rs 9,460 Cr After Q1 Earnings

The stock climbed 2.37 per cent to close at Rs 457.05 on the BSE. During the day, it jumped 4.67 per cent to its 52-week high of Rs 467.30.

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SBI Net Profit In Q1 Surges 55 % To Rs 6,504 Crore

State Bank of India's (SBI) standalone total income increased to Rs 77,347.17 crore in the first quarter of 2021-22 as against Rs 74,457.86 crore in the same period a year ago, according to regulatory filing.

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Ebixcash Announces Appointment Of Eminent Career Banker - Sunil Srivastav To Its Board Of Directors

Sunil is presently serving as a Senior Advisor to one of India’s largest investment banking firms Edelweiss. He is also serving as a Senior Advisor to the World Bank for their Energy and Extractives program in India.

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SBI General Ties Up With SahiPay To Expand Each In Rural Areas

SBI General is continuously strengthening its distribution footprints in the country, and this tie-up is a step in that direction

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SBI Waives Processing Fee On Home Loans Till August-End

There will be a concession of 5 bps (0.05 percentage) for home loans applied through the bank's one stop YONO App.

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Kingfisher Airlines Case: Vijay Mallya Mocks Banks For Saying He Still Owes Them Money

The 65-year-old businessman remains on bail in the UK while a "confidential" legal matter, believed to be related to an asylum application, is resolved in connection with the unrelated extradition proceedings.

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SBI, Axis Bank, ICICI Bank, Others Buy Stakes In Fintech Firm IBBIC

DLT, more commonly known as blockchain technology, is a protocol to enable secure functioning of a decentralised digital database. It stores information securely using cryptography.

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UK High Court Declares Vijay Mallya Bankrupt For Indian Banks To Realise Debt

The 65-year-old businessman, meanwhile, remains on bail in the UK while a 'confidential' legal matter, believed to be related to an asylum application, is resolved in connection with the unrelated extradition proceedings.

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SBI To Auction Two NPA Accounts Next Month To Recover Dues Of Over Rs 313 Cr

SBI has asked the interested parties to do the due diligence of these assets with immediate effect, after submitting expressions of interest and executing non-disclosure agreement with the bank.

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Household Debt Jumps To 37.3 % Of GDP In FY21: Report

Household debt includes retail loans, crop loans and business loans from financial institutions like banks, credit societies, non-banks and housing finance companies.

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Govt Extends Retirement Age Of LIC Chairman To 62 Years

The government approved a nine-month extension to LIC Chairman M R Kumar till March next year in view of the insurer's proposed initial public offer towards the end of the current fiscal.

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