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…

Govt asks public sector banks to finalise next wage revision before 1 November

In a communication to CEOs and MDs of the state-owned banks, the finance ministry advised them to initiate the steps for smooth conclusion of next wa…

Bank Officers’ Unions want pay at par with the Central Government Officers

Demands include 5-day banking, PF to be calculated on total salary and allowances, not only on basic pay Mumbai, March 21: At a time when the governm…

Arundhati Bhattacharya: Why should there be different set of rules for public sector banks?

Mumbai, March 20:  Arundhati Bhattacharya, chairman, State Bank of India (SBI), will create history on April 1 when all five associate banks will mer…

State Bank of India website goes generic New web address is www.bank.sbi

Chennai, February 20 (IANS): The State Bank of India (SBI) on Monday announced rebranding of its website as bank.sbi. According SBI, the new domain n…

SBI Group finalises plans for voluntary retirement scheme

Mumbai, February 19:  With State Bank of India (SBI) in the last lap of merging five associate banks with itself, SBI Group has finalised plans to la…

In this time of need, SBI is your friend, indeed

Bank Staffs Salary reduced by decrease of DA @ 0.90% from February 2017

Dearness Allowance now reduced by 0.90% (Decrease of 9 slabs) from February 2017 Revised DA rate is @ 46.90%, from Feb-17 to April-17 The DA for Nove…

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…

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, …

Associate Banks of State Bank of India to offer VRS before merger with SBI

Kolkata, December 9:  The Associate Banks of State Bank of India (SBI) have started preparations to unveil voluntary retirement schemes (VRS) for the…

RBI asks banks to upload KYC with central registry from January 1

Mumbai, December 8 (PTI): Reserve Bank today directed all banks to upload the Know Your Customer (KYC) data pertaining to new individual accounts ope…

Recruitment of Probationary Officers in State Bank of India

Advertisement No. CRPD/PO/2016-17/02 Download Hindi Advertisement Download English Advertisement Print Your Application Form (Upto 9  th July 2016) C…

Recruitment of Officers in Specialized Positions (11 Posts) in State Bank of India

ADVERTISEMENT NO. CRPD/SCO/2016-17/04 Download Advertisement ( English  /  Hindi  ) Apply Online

SBI in pact with Flipkart for EMI facility ( July 02, 2016)

State Bank of India (SBI) on Friday partnered with Flipkart to offer pre-approved equated monthly instalment (EMI) facility to the bank's custome…

SBI signs pact with World Bank ( July 04, 2016)

State Bank of India has inked agreements with the World Bank for a $625-million (around Rs.4,200 crore) facility to support grid connected rooftop so…

State Bank to offer banking services on Facebook, Twitter ( July 02, 2016)

Leveraging on the popularity of Facebook and Twitter, State Bank of India (SBI) has launched "SBI Mingle", allowing its customers access va…

SBI launches Green PIN to generate paperless ATM PIN

Arundhati Bhattacharya Chairman of State Bank of India (SBI) along with the top management of SBI at the launch of Green Pin in Mumbai.Green PIN is…

SBI denies its 'Buddy' was hacked(Jan 14, 2016)

The State Bank of India on Wednesday denied that its wallet app Buddy had been hacked to siphon off money, and blamed telecom servic…

SBI launches mobile cash dispensers (Dec 7, 2015)

State Bank of India has announced special measures to ensure Chennai flood victims do not run out of money. Cash points are being operated at vario…