Wed, Jan 17, 2024
In a shift of positions, Life Insurance Corporation of India (LIC) has regained its status as the most valued listed public sector undertaking (PSU) by market capitalisation, surpassing State Bank of India (SBI). As of Jan 17, LIC reached a market cap of Rs 5.64 lakh crore, exceeding SBI's Rs 5.63 lakh crore.
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Fri, Dec 15, 2023
State Bank of India (SBI) soars near its peak as it snaps up shares in a packaging company and hikes lending rates! Discover why investors are bullish on the banking giant, what the Canpac Trends acquisition means, and how the MCLR increase affects your loans. Plus, hear from analysts predicting even higher SBI prices.
Mon, Mar 30, 2020
SBI Life COVID-19 death claim: If you have an insurance policy with SBI Life Insurance, here are some very useful tips for you with regards to making COVID-19 death claim
Thu, Sep 28, 2017
The number of point of sale (PoS) terminals post demonetisation increased from 13.8 lakh in March, 2016 to 28.4 lakh in July, 2017.
Fri, Sep 22, 2017
SBI Life Insurance, a subsidiary of State Bank of India (SBI) has set price band in the range of Rs 685-700 per piece.
Tue, Sep 05, 2017
The company is expecting approval from Securities and Exchange Board of India (Sebi) and Insurance Regulatory and Development Authority of India (IRDAI) in this week.
Sun, Sep 03, 2017
The finance ministry has written letters to all heads of PSU lenders informing them the government's decision to set up a ministerial panel to facilitate consolidation in the public banking space.
Mon, Aug 21, 2017
Ahead of festive season, the bank waived of processing fee on car loans, personal gold loans and personal loans.
Sun, Aug 20, 2017
The total outstanding loans by wilful defaulters rose to Rs 92,376 crore at the end of financial year 2016-17, from Rs 76,685 crore at the end of last fiscal 2015-16 -- up 20.4%.
Tue, Aug 15, 2017
Even the unions that strongly opposed the merger of six banks with SBI and were apprehensive about treatment of incoming staff by the SBI management agree that there is not much of vindictive or arbitrary movement of people till now, making one wonder as to how and why this happened.
Sun, Aug 13, 2017
Terming the non-performing assets (NPAs) or bad loans problem as a 'legacy issue', Arvind Panagariya said that even after three years of the NDA government taking charge, it has not gone away.
Fri, Aug 11, 2017
SBI posted net profit of Rs 3,031.88 crore rising by 189.85% compared to Rs 1,046 crore in the corresponding period of the previous year.
Thu, Aug 10, 2017
Amazon India is offering cashback options for shoppers on its website, mobile app and its e-wallet.
Tue, Aug 01, 2017
With State Bank of India (SBI) announcing the revision of interest rates on savings account for balances of Rs 1 crore and below, other banks likely to follow suit.
Mon, Jul 31, 2017
For saving deposit balance up to Rs 1 crore, the new interest rate would be 3.5%, State Bank of India said.
Fri, Jul 28, 2017
Key Highlights NPCI was running bill payments as pilot for over a year Soon you can pay electricity, DTH, telecom bills using NPCI
Sat, Jul 22, 2017
The Kolkata bench of NCLT appointed Dhaivat Anjaria as IRP for ascertaining the particulars and convene a committee of creditors for evolving the resolution plan of the creditors.
Tue, Jul 18, 2017
After Gujarat HC dismissed Essar Steel's petition against RBI and lenders, Insolvency & Bankruptcy code (IBC), 2016 will commence immediately giving 180 days to make resolution plan.
In a move to strengthen its home loans category, the State Bank of India has launched a "SBI Reality" which makes it easier for a customer to view various options on homes and loans.
Sat, Jul 15, 2017
A single bench judge bench of Justice S.G. Shah is hearing a petition filed by the steel major on July 4 seeking quashing of insolvency proceedings, claiming that the action was unilaterally initiated without giving it a hearing at a time when the company was in a major restructuring mode.
Thu, Jul 13, 2017
India's largest bank the State Bank of India (SBI) on Thursday said that it is reducing charges on NEFT and RTGS money transfers by up to 75%.
Wed, Jul 05, 2017
Till now, no private banks have announced the reduction of interest rates. SBI rivals ICICI Bank and HDFC Bank still hold rates on one-year deposits under Rs 1 crore at 6.9%.
Tue, Jun 27, 2017
OnePlus 5 will be on sale on Amazon over the next two days and has offers for SBI card users and Vodafone subscribers.
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