Wed, Jan 17, 2024
In a shift of positions, Life Insurance Corporation of India (LIC) has regained its status as the most valued listed public sector undertaking (PSU) by market capitalisation, surpassing State Bank of India (SBI). As of Jan 17, LIC reached a market cap of Rs 5.64 lakh crore, exceeding SBI's Rs 5.63 lakh crore.
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Mon, Jan 15, 2024
According to IDBI Capital Markets, although economic momentum likely continued in the October-December period, the RBI’s regulatory action on unsecured portfolios could play spoilsport for the BFSI sector as a whole.
Sun, Jan 07, 2024
The infra lender posted record sanctions and disbursements at Rs 29,171 crore and Rs 13,826 crore, respectively.
Fri, May 21, 2021
SBI registered a Net Profit of Rs 6451 cr in Q4FY21 vs Rs 3581 cr in Q4FY20, an increase of 80.15% yoy. Sequentially Net Profit has increased by 24.14%. SBI registered an Operating Profit of Rs 19700 cr in Q4FY21 vs Rs 18465 cr , up 6.69% yoy and up 13.66% QoQ. Net Profit for FY21 at Rs 20410 cr has increased by 40.88% YoY as against Rs 14488 cr in FY20. Net Interest Income for Q4FY21 increased by 18.89% YoY
Amid the coronavirus pandemic, senior citizens special fixed deposit schemes were introduced in order to safeguard the interests of senior citizens as the interest rates were falling rapidly.
Thu, May 20, 2021
SBI Internet banking, YONO, YONO Lite, UPI services news: India's largest lender has issued important alert for SBI customers. Those planning online financial activities should take note of this SBI announcement.
Mon, May 17, 2021
It is always very important for people to stay alert from online frauds while performing online transactions or while even downloading mobile or web applications from unknown sources. Taking these frauds seriously, the State Bank of India (SBI) has alerted its customers.
Fri, May 14, 2021
State Bank of India (SBI) is offering its customers a cashback offer on buying home appliances like refrigerators, washing machines, microwaves, etc.
SBI Alert: The State Bank of India has issued an important alert for its customers. It has asked them to avoid certain things to ensure that their bank accounts remain safe.
Tue, May 11, 2021
Phishing has become one of the most infamous way to cheat people of their money. India’s largest public lender State Bank of India warns its customers against the potential threats and also lists some of the most prevalent phishing scams in the country
Mon, May 10, 2021
If you are an account holder with the State Bank of India (SBI) and want to transfer your account from one SBI bank branch to another, then you need not worry. You can do that easily without having to step out of your homes in times like these when the pandemic is widespread
Sat, May 08, 2021
Transferring your State Bank of India (SBI) account from one branch to another just got easy. Now, you don't have to visit bank for getting your branch transferred. It can be done online from the comfort of your home.
Fri, May 07, 2021
There is an important alert for SBI customers. State Bank of India (SBI) digital services will remain affected on May 7, said the bank.
Thu, May 06, 2021
SBI Alert – Account holders of SBI or any other bank, you must know this fact about the QR codes. Never scan a QR Code if somebody is luring you with a promise of sending money into your accounts by scanning a code they sent. SBI has also recently warned its customers to not fall prey to any such offers where somebody is offering you money by asking you to scan QR Code
The State Bank of India (SBI) is providing contactless service for all your urgent banking needs. You can avail these SBI services by calling on their toll-free numbers and by sending SMS.
Wed, May 05, 2021
As the corona continues to wreak havoc in the country, there have been strict restrictions from multiple state governments to arrest the spread of the virus. In this regard, the central, as well as state governments, have been urging the citizens to stay indoors. However, following the same suite, even the State Bank of India has come up with an initiative to reduce the number of customers to visit the branch.
Mon, May 03, 2021
SBI KYC Update – If you are a State Bank of India (SBI) account holder, then there is an important update regarding the KYC or Know Your Customer requirement. The largest public sector bank has issued this important notice regarding your KYC updates. This important announcement has been made on SBI’s official twitter handle @TheOfficialSBI
The State Bank of India (SBI) has issued an important alert for SBI account holders. India's largest public lender has said that SBI account holders must follow the instruction issued by the bank or their accounts will be frozen.
Sat, May 01, 2021
State Bank of India (SBI) has reduced the interest rates on Home Loans to 6.70 percent. The step has been taken to support and improve the affordability of prospective home loan customers.
Fri, Apr 30, 2021
According to the SBI Ecowrap report, the State Bank of India (SBI) business activity index has declined to hit a new low of 75.7 in April 2021 as it is 24.3 percent down from the pre-pandemic level. The bank had earlier attained this level in August 2020.
Thu, Apr 29, 2021
The State Bank of India (SBI), India's largest public lender, has issued an alert warning its customers to beware of an active prevalent fraud practice in online money transfer transactions.
Fri, Apr 23, 2021
Banking working hours may be shortened and operations are likely to be affected soon. The Indian Banks' Association (IBA) has issued an advisory to banks in which it has asked them to curtail working hours and cut staff attendance to just 50 per cent
Thu, Apr 22, 2021
SBI Share price: In its report, HDFC Securities says that State Bank of India (SBI) is the country's largest domestic bank and a market leader in retail advances. SBI has an extensive network of around 22,000 branches and over 58,350 ATMs. SBI is a financial conglomerate. Through its various subsidiaries and JV companies, it has presence in insurance, asset management, credit cards and various other services including stake in various regional rural banks
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