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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...

SBI issues deadline to register mobile number to access internet banking

SBI, the largest lender in the country, has issued a deadline for customers to register their mobile numbers in order to be eligible to...

State Bank of India cuts ATM cash withdrawal limit by half...

State Bank of India (SBI), which is a leading public sector bank in India, has reduced the cash withdrawal limit in ATMs from Rs.40,000...

State Bank of India Sells 4% Stake in SBI General Insurance...

SBI has sold a 4% stake in SBI General Insurance, which is the non-life insurance arm of the lender and has, as a result,...

SBI to sell NPAs worth Rs.3,900 crore to asset reconstruction companies

India’s largest lender State Bank of India (SBI) is planning to sell non-performing assets (NPAs) worth Rs.3,900 to asset reconstruction companies (ARCs) and various...

Bank of Baroda, SBI revise MCLR rates

Bank of Baroda (BoB) and State Bank of India (SBI) announced the hikes in the marginal cost of funds based lending rates (MCLR) for...

SBI to raise capital by selling 3.89% of its stake in...

India’s largest lender State Bank of India (SBI) has announced the sale of 3.89% of its holdings in the National Stock Exchange (NSE) as...

SBI revises names and IFSC codes of 1,295 branches

State Bank of India (SBI), the largest lender in India, revised the names and IFSC codes of 1,295 bank branches post the merger of...