State Bank of India (SBI)

Parl panel expresses displeasure over no SC/ST director in SBI board, calls for their representation

New Delhi: A parliamentary standing committee has expressed its displeasure that ..

Anil Ambani
Relief for Anil Ambani as SC dismisses SBI plea
SBI extends OTP-based ATM withdrawal throughout the day
Shaktikanta Das
Economy showing signs of getting back to normalcy: RBI Governor

ATM gives out Rs 10,000 instead of Rs 500; Anganwadi teacher returns cash

Pala: An Anganavadi teacher was surprised when she received Rs. 10,000 from an ATM after she requested only Rs 500. However, she became ..


SBI cuts EBR, home loans to get cheaper from Jan

New Delhi: The State Bank of India (SBI) on Monday reduced the external benchmark-based rate (EBR) by 25 basis points to 7.80 per cent ..


SBI to launch new method for ATM cash withdrawal from January 1

In order to stop unauthorised transactions, State Bank of India (SBI) is introducing OTP (One Time Password) based cash withdrawal ..


‘One Nation, One Card’ soon to be realised in Kerala

Thiruvananthapuram: The State Bank of India (SBI) will soon implement the ‘One Nation, One Card’ system in Kerala. The ..


SBI cuts lending rates by 10 bps, retail loans to get cheaper

New Delhi: The State Bank of India (SBI) on Wednesday announced lowering its marginal cost of funds based lending rate (MCLR) by 10 ..


SBI to adopt repo rate as external benchmark for all floating rate loans from Oct 1

Mumbai: State Bank of India on Monday said it will adopt repo rate as the external benchmark for all floating rate loans for MSME, ..


SBI cuts interest rates on fixed deposits up to 0.5%

New Delhi: The country's largest lender State Bank of India on Friday slashed interest rates on fixed deposits across various tenure ..


SBI reduces interest rates on all home loans up to Rs 30 lakh

Mumbai: A day after the Reserve Bank of India (RBI) reduced a key lending rate, the State Bank of India (SBI) decided to cut interest ..


Now SBI chases Mehul Choksi for Rs 405 crore loan default

Mumbai: In a new development, the State Bank of India (SBI) on Wednesday moved to recover loan outstandings of Rs 405 crore from absconding ..

QR code

QR code payment in POS machines soon

Palakkad: The Point of Sale (POS) machine used in shops for card payment will soon enable payment through mobile phones. State Bank ..


Part of normal proceedings; SBI on crediting excess amount in the accounts

Kottakkal (Malappuram): The SBI officials has disclosed the truth behind crediting crores of rupees to certain account holders. The ..


Cash crunch eases, 86% ATMs operating; SBI says problem to be resolved by tomorrow

New Delhi: Currency crunch seen in many parts of the country in past few days showed signs of easing today with 86 per cent of ATMs ..


Withdraw up to Rs 2,000 from PoS machines free of charge: SBI

New Delhi: The SBI today said people in smaller towns can withdraw up to Rs 2,000 a day from its PoS machines at retail outlets free ..


SBI revises deposit rates for various tenors by up to 0.75%

Mumbai: The country's largest lender State Bank of India has revised retail and bulk deposits rates by up to 0.75 per cent for ..


SBI changes IFSC of 56 branches in Kerala

Mumbai: State Bank of India has changed the IFSC of its 1300 branches across the country, including 56 branches in Kerala. IFSC (Indian ..


SBI to close down more than 100 branches in Kerala

Thiruvananthapuram: As part of the amalgamation of banks, State Bank of India (SBI) is going to close down about 100 of its branches ..

V S Sunil Kumar

SBI accounts of farmers: Minister firm on his stand

Thrissur: Minister of Agriculture V. S. Sunil Kumar said he will proceed with the stand that all the farmers should close their bank ..

SBI Mananchira Main Branch

SBI reduces penalty for non-maintenance of minimum balance

Mumbai: The State Bank of India (SBI) on Monday lowered the penalty on savings accounts for non-maintenance of minimum balance while ..

bounced cheque

Writes fifteen hundred for 1500; SBI dishonors cheque

Thrissur: After writing fifteen hundred instead of thousand five hundred in a cheque of Rs 1500, it was returned by the State Bank ..


Cheque books, IFSC of SBI associate banks to be invalid after Sept 30

The State Bank of India said the cheque books and the IFS codes of its associate banks and the Bharatiya Mahila Bank will become invalid ..


SBI reviewing minimum balance charges for savings accounts

Mumbai: State Bank of India (SBI) said it is reviewing charges for certain categories of accounts for non- maintenance of monthly average ..


SBI cuts savings deposit rate to 3.5 pc

Mumbai: The State Bank of India (SBI) on Monday announced a 50 basis points (bps) cut in the interest rates for savings accounts having ..


Number of free withdrawals from ATMs remain unchanged: SBI

Mumbai/Thiruvananthapuram: Amid a public outcry in Kerala over a State Bank of India (SBI) announcement levying charges on ATM cash ..

SBI Buddy

SBI denies media reports, says service charge is for withdrawals via e-wallet

Mumbai: The largest lender State Bank of India will introduce new facility that would enable withdrawal of cash through ATMs using ..


SBI withdraws circular levying service charge for ATM transactions

Mumbai: The SBI said today that it is withdrawing the circular levying service charge for all ATM transactions. The circular had sparked ..


SBI ATM withdrawal to attract Rs 25 per transaction from July 1

Kochi: The State Bank of India (SBI) will be effecting a steep hike in some key service charges. The bank will be ending its free ATM ..


Penalty of Rs 1145 for closing SBI account within a year of opening

Thodupuzha: Closing SBI’s savings bank account which are not one year-old will attract a penalty of Rs 1145. If the closure is ..


No minimum balance needed for your SBI salary a/c

Mumbai: The State Bank of India (SBI) said it is exempting certain types of accounts from maintaining average monthly balance. They ..


This year Malayalis will have a demonetized Vishu

*25% cut in Kerala’s currency share *RBI defends move to encourage digital transactions *40% ATMs empty, currency shortage ..

Bharatiya Mahila Bank

Bharatiya Mahila Bank to merge with SBI

New Delhi: The government on Monday said it has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) ..


SBI justifies penalty; says need money to bear Jan Dhan costs

Mumbai: Facing a backlash for levying penalty on non-maintenance of minimum balance in accounts, SBI on Wednesday justified its move ..


Govt asks SBI to reconsider minimum balance penalty

New Delhi: The government today asked SBI to reconsider its decision to levy penalty on non-maintenance of minimum balance, which the ..


SBI announces penalty for not keeping minimum balance

New Delhi: Making it compulsory for account-holders to maintain a minimum balance, the State Bank of India (SBI) on Thursday said it ..


Five associate banks to merge with SBI from April 1

New Delhi: All the five associates will merge with State Bank of India from April 1, in the largest consolidation exercise in the banking ..


Cabinet approves merger of SBI with associate banks: Jaitley

New Delhi: Seeking to create a global sized bank, the government on Wednesday gave go ahead to the merger plan of SBI and its five ..

IIT Kharagpur

IPDaas launched jointly by IIT Kharagpur and SBI

Kharagpur (WB): IIT Kharagpur and State Bank of India (SBI) are collaborating to develop a customised portal for launching 'Intellectual ..


SBI cuts lending rate by 90 bps; others likely to follow suit

New Delhi: A day after Prime Minister Narendra Modi asked banks to priorities lending towards poor and lower middle class, country's ..


SBI Rs 7,000 cr loan 'write off' not a loan waiver: Jaitley

New Delhi: As a controversy arose over SBI reportedly writing off loans worth Rs 7,000 crore including that of Vijaya Mallya promoted ..


SBI board gives consent for acquiring 4 banks

Mumbai: In a move that can potentially trigger a major consolidation in India's state-run financial services space, the board of ..


Oracle India joins SBI to foster digital skills initiative

Mumbai: Global software and Cloud major Oracle India on Monday announced a corporate citizenship collaboration with State Bank of India ..


Thrissur ATM theft: key accused among six held

Thrissur: The police on Friday arrested six persons in connection with the theft of Rs 26 lakh from an ATM counter located in the heart ..