state bank
SBI tops ATM expansion in non-metros: Assocham
Mumbai, September 19: Country's largest lender State Bank of India ( SBI ) is more aggressive in expanding its ATM (automated teller machine) …
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state bank
SBI to cut processing and conversion fees on home loans
With the advent of festival season India’s largest lender – SBI has embarked upon a special campaign to ramp up its home loan book. It is going to r…
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state bank
Chakrabarty had same views on CRR as a banker: SBI chief
Mumbai, August 28: State Bank of India Chairman Pratip Chaudhuri on Tuesday took a gentle dig at the Reserve Bank of India Deputy Governor K C Chakr…
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state bank
SBI chief gets taste of RBI's tongue-lashing
Chennai, Aug 27: His predecessor, O P Bhatt, had spent the better part of his five-year tenure in a bitter war of words with the Reserve Bank of Ind…
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Reserve Bank
20% rise in fake notes in a year, says RBI
Mumbai, August 26: Fake notes are rising at an alarming rate. According to the RBI , the number of counterfeit notes detected in India jumped by 20…
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United Bank Ltd
SBI, BoI allowed to operate in Pak
India and Pakistan have agreed to allow two banks each from both the countries to set up branches across the border, Governor of the State Bank of P…
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TOI
There is room for rate reduction: SBI chief
Citing State Bank of India’s example, finance minister P Chidambaram on Saturday prodded other banks to reduce EMIs to boost demand. The daily loan …
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state bank of india
Proposed guidelines of RBI on Banks' exposure State Bank of India, ICICI Bank to be affected
New Delhi, August 20: The SBI and ICICI Bank are among those that would be affected if RBI implements its proposed guidelines on banks' exposure…
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Union Bank of India
Banks offer festive bonanza to customers
Mumbai, August 18: With an eye on getting business in the festive season, banks have started offering discounts on interest rates and waiving process…
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Reserve Bank of India
Lok Sabha to decide on Banking Act changes
New Delhi, August 19: The almost seven-year wait for amending the Banking Regulation Act is likely to end on Wednesday, when the Lok Sabha will take…
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UCO Bank
Banks begin reviving special schemes
Special schemes are back in focus as bank deposits continue to grow only at a sluggish pace. With no relief in sight for further monetary policy eas…
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SLR
Finance ministry wants RBI to pay 7% interest on CRR deposits
New Delhi, August 12: The finance ministry has suggested that the Reserve Bank of India pay 7% interest on the mandatory deposits parked with it by b…
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Vice President Hamid Ansari
PM plays down Moody's forecast
Prime Minister Manmohan Singh, talking to reporters at Rashtrapati Bhavan, where he was attending the swearing-in ceremony of Vice-President Hamid An…
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Union Bank of India
RBI wants banks to cut base rates, not select lending rates
Mumbai, August 6: With banks led by the country’s largest lender State Bank of India (SBI) choosing to cut spreads on certain categories of loans ins…
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Yashwant Sinha
Cutting fuel subsidy can cause 2.6% spike in inflation: RBI
New Delhi, August 6: Reserve Bank ofIndiaGovernor D Subbarao has said the proposed elimination of fuel subsidy can lead to a massive 2.6% spike in in…
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state bank of india
Trying to increase coverage in retail space: Pratip Chaudhuri
Mumbai, August 2: In an interview with ET Now, Pratip Chaudhuri, Chairman of State Bank of India, gives his views on the RBI monetary policy and ra…
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Term deposits interest rate
SBI reduces interest rate for deposits over 5 years from Aug 7
Mumbai, August 2: State Bank of India (SBI) on Thursday reduced interest rates for deposits with a term of more than five years to 8.5%, effective …
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state bank of india
SBI cuts interest rates on Home & Car loans from August 7
Mumbai, August 1: The country's largest lender State Bank of India will cut rates on its home and auto loans. The move comes close on the heels…
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state bank
SBI Chief Pratip Chaudhuri says repo rate cut won’t be sufficient
Mumbai, July 27: A cut in the cash reserve ratio (CRR) could serve as a mood elevator for the markets, according to the State Bank of India Chairman…
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state bank of india
SBI expects 50 bps cut in CRR, no change in lending rate
India's largest lender State Bank today said it expects Reserve Bank to lower the mandatory cash reserve requirement of banks or CRR by 50 basis …
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