Saturday, January 29, 2022
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State Bank of India

SBI gets one month’s deposits in one day

MUMBAI: Banks have received nearly Rs 60,000 crore in deposits following the withdrawal of Rs 500 and Rs 1,000 currency notes. SBI alone has...

SBI cuts home loan rate; ICICI offers overdraft

To cash in on the festive fervour, banks including SBI and ICICI have unveiled a host of benefits such as reduction in rates, waiver...

SBI blocks 6 lakh debit cards to ward off security threat

The State Bank of India is one of the top most banks of the nation, the bank has blocked nearly 6 lakh debit cards...

SBI board clears merger of six banks

The first ever large-scale consolidation in the Indian banking industry is underway, with the merger of six banks with the State Bank of India....

SBI launches Rs7,350Cr stressed fund with US firm Brookfield

Out of the total investible fund of Rs 7,350 crore, the New York-based Brookfield, which manages a whopping $240 billion assets, will contribute Rs...

SBI floats $30m fund to support fintech startups

The country’s largest lender, State Bank of India (SBI), has set up a Rs 200-crore ($30 million) fund to support startups in the financial technology space. “This fund shall...

SBI to Offer Financing to Farmers Through Corporate Partnerships

State Bank of India (SBI), country’s largest commercial bank has signed a MoU with Jain Farm Fresh Foods Limited (a subsidiary of Jain Irrigation...

Arundhati Bhattacharya 5th most powerful woman in finance

SBI chairperson Arundhati Bhattacharya is 5th most powerful woman in finance on Forbes list Four Indian women led by Arundhati Bhattacharya, Chairman of the county's...

SBI Becomes the Top Merchant Acquiring Bank in the Country

SBI is working aggressively towards promotion of less-cash economy. As per latest data released by RBI (as on February 2016), SBIhas now become the...

Merger of SBI associate banks to cost Rs 3,000 cr: Bhattacharya

The proposed merger of SBI with its five associate banks and Bharatiya Mahila Bank (BMB) will lead to savings, improve treasury operations and cut...

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