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SBI Guaranteed Return Schemes: Here's what PSU bank is giving on Amrit Vrishti and other fixed deposit schemes to senior citizens and others

SBI Guaranteed Return Schemes: Here's what PSU bank is giving on Amrit Vrishti and other fixed deposit schemes to senior citizens and others

Tue, Dec 31, 2024

SBI Amrit Vrishti Scheme: The State Bank of India's FD scheme is available till March 31, 2025. The public lender offers general citizens a 7.25 per cent interest rate on the 444-day Amrit Vrishti scheme, while senior citizens get 7.75 per cent interest.

SBI vs Bank of Baroda vs Bank of India: Best 5-year FD returns for seniors and general citizens on Rs 8 lakh investment

SBI vs Bank of Baroda vs Bank of India: Best 5-year FD returns for seniors and general citizens on Rs 8 lakh investment

Sun, Dec 22, 2024

SBI, Bank of Baroda, and Bank of India offer 5-year fixed deposits (FDs) with different interest rates. Each has its benefits, helping one grow savings securely over five years. Let’s find out what general and senior citizens get on Rs 8 lakh investments in a 5-year FD scheme.

Rama Mohan Rao Amara becomes SBI managing director

Rama Mohan Rao Amara becomes SBI managing director

Wed, Dec 18, 2024

Amara has been associated with public lender for almost three decades. Began his career in 1991 as a SBI probationary officer, he has held various key positions, including chief general manager of SBI’s Bhopal Circle, where he oversaw operations in Madhya Pradesh and Chhattisgarh.

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State Bank of India hikes base rate by 0.1%

State Bank of India hikes base rate by 0.1%

Fri, Dec 17, 2021

Country's largest lender State Bank of India (SBI) has increased benchmark lending rate or base rate by 0.1 per cent, a move that may be followed by other lenders.

SBI appeals to staff to refrain from 2-day strike

SBI appeals to staff to refrain from 2-day strike

Mon, Dec 13, 2021

State Bank of India (SBI) has appealed to staff to reconsider their decision on the two-day strike on coming Thursday and Friday in the interest of customers, investors and the Bank.

SBI online banking services will not be available on these days

SBI online banking services will not be available on these days

Fri, Dec 10, 2021

The online banking services will not be available for some time to the SBI customers on December 11 and 12, 2021.

Stocks to Buy: Analyst bullish on this stock, asks to buy for target of Rs 525

Stocks to Buy: Analyst bullish on this stock, asks to buy for target of Rs 525

Wed, Dec 08, 2021

Sacchitanand Uttekar, who is DVP-Head-Technicals & Derivatives at Tradebulls Securities an upside of another 35 points from the current levels. He sees a target price at Rs 520-525 over the short term period. “For a stock like SBI, it is huge,” the DVP said. He puts the stop loss at Rs 474

SBI invites bids to sell NPA account KSK Mahanadi Power with dues over Rs 4,100 crore

SBI invites bids to sell NPA account KSK Mahanadi Power with dues over Rs 4,100 crore

Sun, Dec 05, 2021

SBI has invited bids from asset reconstruction companies, and other financial institutions to sell an NPA account KSK Mahanadi Power Company, with total outstanding against the company standing over Rs 4,100 crore.

SBI signs MoU with Usha International for empowering women entrepreneurs

SBI signs MoU with Usha International for empowering women entrepreneurs

Mon, Nov 29, 2021

State Bank of India (SBI) has signed an agreement with Usha International Limited (UIL) for empowering women entrepreneurs by providing financial assistance.

India needs national disaster pool to hedge natural disaster risks: SBI

India needs national disaster pool to hedge natural disaster risks: SBI

Fri, Nov 26, 2021

India ranks third, after the US and China in the number of natural disasters since 1900, with 756 natural disasters such as landslides, storms, earthquakes, floods, droughts etc. During 1900-2000 there were 402 disasters and 354 during 2001-21.

SBI yet to refund Rs 164 cr undue fee charged from Jan Dhan account holders: Report

SBI yet to refund Rs 164 cr undue fee charged from Jan Dhan account holders: Report

Sun, Nov 21, 2021

State Bank of India (SBI) is yet to return Rs 164 crore of undue fee charged from the account holders of Pradhan Mantri Jan Dhan Yojana (PMJDY) towards digital payments during April 2017 and December 2019, a report by IIT-Mumbai said.

Rs 4,000 cr recovered from stressed accounts so far this year: Dinesh Kumar Khara, SBI Chairman

Rs 4,000 cr recovered from stressed accounts so far this year: Dinesh Kumar Khara, SBI Chairman

Tue, Nov 09, 2021

Dinesh Kumar Khara, Chairman, State Bank of India (SBI), talks about Q2FY22 numbers, recovery, slippages, IBC resolutions and his outlook on credit growth among others during an exclusive interview with Swati Khandelwal, Zee Business

Global brokerages raise target price on SBI post Q2 results; see nearly 30% upside in 1 year

Global brokerages raise target price on SBI post Q2 results; see nearly 30% upside in 1 year

Fri, Nov 05, 2021

Global brokerage firms such as Morgan Stanley, Credit Suisse, JPMorgan, and HSBC raised their target price on State Bank of India (SBI) post robust September quarter results, which were higher than the Street estimates.

SBI shares hit record high after robust Q2 results; stock surges 4%

SBI shares hit record high after robust Q2 results; stock surges 4%

Wed, Nov 03, 2021

The shares of State Bank of India (SBI), India’s largest lender, shares jumped almost 4 per cent to hit a new life high of Rs 542.2 per share on the BSE intraday trade today, amid robust earnings during the second quarter of the financial year 2021-22.

SBI starts video life certificate service for pension holders from November 1

SBI starts video life certificate service for pension holders from November 1

Mon, Nov 01, 2021

The pensioners need to submit their annual life certificates once a year to continue receiving pension.

Diwali Dhamaka: SMC recommends these 9 stocks for profit booking- Check target price, time frame and other details here

Diwali Dhamaka: SMC recommends these 9 stocks for profit booking- Check target price, time frame and other details here

Fri, Oct 22, 2021

The four legs of economic growth that is private consumption, government expenditure, private investment and net exports, are preparing to catch up, each at a different pace. After the Covid-19 pandemic, the Indian economy is showing signs of bouncing back.

RBI imposes 1 cr penalty on SBI for “deficiencies” in regulatory compliance

RBI imposes 1 cr penalty on SBI for “deficiencies” in regulatory compliance

Mon, Oct 18, 2021

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on State Bank of India (SBI) for non-compliance with the directions contained in ‘Reserve Bank of India (Frauds classification and reporting by commercial banks and select FIs) directions 2016’.

Mcap of eight of top-10 most valued firms jump over Rs 1.52 lakh cr; HDFC Bank biggest gainer

Mcap of eight of top-10 most valued firms jump over Rs 1.52 lakh cr; HDFC Bank biggest gainer

Sun, Oct 17, 2021

Last week, the BSE benchmark Sensex rallied 1,246.89 points or 2.07 per cent. The benchmark went past the 61,000-mark for the first time ever on Thursday.

SBI customers can choose tax regime while filing ITR through YONO; check the process here

SBI customers can choose tax regime while filing ITR through YONO; check the process here

Wed, Oct 13, 2021

The Income Tax (IT) payers can now choose tax regime while filing Income Tax Returns (ITR) through SBI YONO with Tax2Win.

5 SBI mutual funds that yielded maximum returns in one year—Do you own any? Check list here

5 SBI mutual funds that yielded maximum returns in one year—Do you own any? Check list here

Tue, Oct 12, 2021

Mutual Funds can be a good investment-cum saving instrument with mid-to-long-term capital appreciation objectives.

Govt initiates process for filling posts of independent directors in PSBs, FIs

Govt initiates process for filling posts of independent directors in PSBs, FIs

Sun, Oct 10, 2021

The government has initiated the process of filling about 100 vacancies of independent directors in public sector banks and financial institutions to meet regulatory norms of corporate governance.

SBI offers these benefits on car, gold and personal loans with zero processing fees - Details here

SBI offers these benefits on car, gold and personal loans with zero processing fees - Details here

Sat, Oct 09, 2021

India’s largest public sector lender State Bank of India (SBI) is offering a number of benefits on car loan, gold loan, and personal loan in the festive season. The interested customers can login to the official website of SBI at sbi.co.in for further details on the process and schemes.

SBI signs pact with three NBFC MFIs for co-lending to JLGs to undertake agriculture, allied activities

SBI signs pact with three NBFC MFIs for co-lending to JLGs to undertake agriculture, allied activities

Wed, Sep 29, 2021

With these partnerships, SBI would be able to further increase its reach in the rural and semi-urban areas of the country offering small ticket loans.

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