sbi
NEFTs get faster because banks will process them every 30 minutes now
RBI has reduced the settlement time for clearance of NEFT from 1 hour to 30 minutes Mumbai, April 10: On 6 April, the Reserve Bank of India in its mo…
Read more
state bank of india
Shut down SBI branches till the supply of cash gets normalised: Union
Chennai, January 14 (IANS): State Bank of India (SBI) can shut down its branches till the supply of cash gets normalised and staff are not put to ris…
Read more
state bank of india
Cash Costly, allow Banks to Charge for Cash Transactions
Mumbai, December 26: The country’s largest bank, State Bank of India, wants the government to allow banks to charge customers for cash transactions, …
Read more
state bank of india
SBI initiates three-pronged strategy to boost its home loan business
Mumbai, December 29: The State Bank of India has initiated a three-pronged strategy to push its home loan business. The country's largest lender …
Read more
UCO Bank
RBI should roll back steps after rupee stabilises: SBI
New Delhi, July 16: Bankers today said that the liquidity tightening measures announced by RBI are temporary and hoped that they will be rolled back …
Read more
visually challenged persons
One-third of new ATMs should be visually-challenged friendly
Chandigarh, September 7: The Reserve Bank of India has asked all banks to make efforts to provide banking services available to all. In a circular i…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
Union Bank of India
SBI wants benchmark prime lending rate scrapped
Mumbai, August 7: Led by State Bank of India — the country’s largest lender — banks have asked the Reserve Bank of India to invoke the sunset clause …
Read more
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…
Read more
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 …
Read more
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…
Read more
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 …
Read more
Reserve Bank of India
Banks may find it tough to meet indirect agriculture lending target
Mumbai, July 26:Â Achieving the indirect agriculture lending target under the revised Reserve Bank of India guidelines on priority sector lending ma…
Read more
Social Plugin