Union Bank of India
LIC's 11% SBI stake makes RBI see red
The banking regulator is unhappy with the Life Insurance Corporation (LIC) of India holding more than 10 per cent stake in State Bank of India, the …
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Union Bank of India
Self-service banking gaining currency
Mumbai, August 26: Banks are increasingly launching self-service banking in the front lobby of their branches to increase customer convenience and r…
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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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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 …
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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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Union Bank of India
Foreign investors lap up SBI dollar bonds
Mumbai, July 26: The country’s largest lender, State Bank of India (SBI), has raised $1.25 billion from investors abroad at 4.125 per cent, for fiv…
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