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State Bank of India elevates 8 CGMs to the position of...

State Bank of India, which accounts for a quarter of India’s loan market, has recently promoted eight of its current chief general managers to the...

Indian Overseas Bank slashes its one-year lending rate by 5 bps

Following the Reserve Bank of India’s decision to reduce the repo rate by 25 bps to 6% in order to boost the growth of...

Bank of Maharashtra reduces its lending rates

Following the Central Bank of India’s decision to reduce the repo rate by 25 basis points to 6% from 6.25% to boost growth, State...

SBI Yono App to permit cardless withdrawals

Individuals who have a savings bank account with State Bank of India will not need their debit cards to withdraw money from ATMs anymore. The public sector lender recently announced that it...

Reserve Bank of India penalises IDBI Bank, Union Bank, Dena Bank,...

Following the loan fraud involving Punjab National Bank and several other banks on varying degrees, that has resulted in severe net losses and the...

SBI to waive loans of Pulwama martyrs

With the country still reeling following the Pulwama, Jammu and Kashmir terrorist attack which took the lives of 40 soldiers from the Central Reserve Police...

SBI offers balance transfer facility for home loans with no processing...

The well-known public sector bank, State Bank of India (SBI), has offered the option to move the balance of one’s home loan to SBI without any processing fee....

State Bank of India increases FD rates by 10 Basis Points

State Bank of India (SBI), a leading public sector bank in India, has recently increased interest rates for term deposits by a maximum of...

SBI to deactivate net banking facility for customers who don’t register...

State Bank of India (SBI) has announced that customers who use its online banking/net banking facility will have to register their mobile number by...

SBI to revamp credit policy for jewellery sector

The State Bank of India (SBI), in the wake of bankruptcies and fraudulent activities has decided to revamp its credit policy for the jewellery...