State Bank Of India

State Bank Of India News

SBI credit card rules to be revised from January; check how it will affect you
Business

SBI credit card rules to be revised from January; check how it will affect you

Accrual of 10X Reward Points on spending done at Amazon.in via SimplyCLICK/SimplyCLICK Advantage SBI Card is going to be changed to 5X Reward Points, effective from 1 January 2023. The card will continue accruing 10X Reward Points on transactions done at Cleartrip, EazyDiner, Apollo 24X7 BookMyShow

SBI hikes FD rates from today: Check revised fixed deposit rates for general public, senior citizens
Business

SBI hikes FD rates from today: Check revised fixed deposit rates for general public, senior citizens

SBI is offering interest from 3.5-7.25 percent to senior citizens on term deposits ranging from seven days to 10 years.

Rs 147.5 debited from your SBI account? Here's why State Bank of India has done this
Business

Rs 147.5 debited from your SBI account? Here's why State Bank of India has done this

If you wish to replace or change your debit card, then SBI will charge Rs 300+GST for this service. While the charge is Rs 125, SBI deducted Rs 147.5 from your account because a GST of 18 per cent is applicable on this service fee

Want to change SBI bank account from one branch to another online? Step-by-step process here
Business

Want to change SBI bank account from one branch to another online? Step-by-step process here

Here are the steps required for switching the SBI bank account from one branch to another online.

SBI raises MCLR by 10-15 bps on some tenures; details here
Business

SBI raises MCLR by 10-15 bps on some tenures; details here

SBI has hiked MCLR for several short-term maturities by 10-15 bps. The government lender's MCLR now ranges from 7.6 to 8.35 per cent

SBI increases fixed deposit interest rates by up to 80 bps, check latest FD rates
Business

SBI increases fixed deposit interest rates by up to 80 bps, check latest FD rates

State Bank of India (SBI) hiked interest rates of its fixed deposits (FDs) by up to 80 basis points on Friday, 21 October

SBI revises interest rate on savings accounts, check latest rates here
Business

SBI revises interest rate on savings accounts, check latest rates here

The move comes after SBI hiked its term deposit interest rate across all tenors. The bank is offering 3 to 5.85 per cent interest on term deposits to the general public

Rajasthan: Coins worth Rs 11 crore missing from SBI vaults, CBI launches probe
India

Rajasthan: Coins worth Rs 11 crore missing from SBI vaults, CBI launches probe

The matter came to light after SBI Karauli branch decided to count the money after a preliminary enquiry indicated discrepancy in its cash reserve

SBI files insolvency petition against India's largest sugar firm Bajaj Hindusthan
Business

SBI files insolvency petition against India's largest sugar firm Bajaj Hindusthan

In the last fiscal year, the company had posted a consolidated net loss of Rs 267.54 crore and a turnover of Rs 5,607 crore. On 12 August, the company reported that for the quarter ended June this fiscal, its net loss stood at Rs 45 crore and total income at Rs 1,538 crore

SBI hikes benchmark lending rates by up to 50 basis points, EMIs to rise
Business

SBI hikes benchmark lending rates by up to 50 basis points, EMIs to rise

Following a 50 basis point boost in the Reserve Bank of India's benchmark lending rate to control inflation, the lending rate has increased

Explained: The history of the Fortune Global 500 list and the significance of LIC making the ranks
Business

Explained: The history of the Fortune Global 500 list and the significance of LIC making the ranks

The Fortune Global 500 is an annual ranking of the 500 largest corporations across the world as measured by total revenue. This year, Life Insurance Corporation (LIC) broke into the list at the 98th position, making it the highest-ranked Indian company

Registration for SBI Retired Staff vacancies underway, check details here
Education

Registration for SBI Retired Staff vacancies underway, check details here

The retired personnel should have experience in handling ATM operations as such candidates will be given preference. The candidate should have a Smart Mobile Phone and should possess the ability to monitor things through a mobile/laptop, etc. as per the requirement.

SBI revises India's 2022-23 economic growth forecast to 7.5%
Business

SBI revises India's 2022-23 economic growth forecast to 7.5%

The report basis its optimism on the rising corporate revenue and profit and the growing bank credit coupled with ample liquidity in the system

Explained: The case of SBI’s missing coins worth Rs 11 crore
India

Explained: The case of SBI’s missing coins worth Rs 11 crore

The SBI branch in Rajasthan's Karauli had hired a local agency to count coins worth Rs 13 crore in its vaults. However, after finishing nearly 80 per cent of the bags they realised the rest couldn't have held Rs 11 crore worth of coins

Ukraine crisis: Fearing penalties, SBI suspends transactions related to sanctioned Russian entities
Business

Ukraine crisis: Fearing penalties, SBI suspends transactions related to sanctioned Russian entities

SBI operates a joint venture in Moscow called Commercial Indo Bank Llc, where Canara Bank is another partner with 40 per cent stake

Sovereign Gold Bond (SGB) Scheme 2021-22-Series X opens today; check how to invest through SBI online
Business

Sovereign Gold Bond (SGB) Scheme 2021-22-Series X opens today; check how to invest through SBI online

The gold bond scheme will have a tenor of eight years but investors can avail an exit option in the fifth, sixth and seventh years, on interest payment dates

SBI recruitment 2022: Deadline to apply for 48 assistant manager posts ends today, details at sbi.co.in
India

SBI recruitment 2022: Deadline to apply for 48 assistant manager posts ends today, details at sbi.co.in

Through this recruitment drive, SBI will fill a total of 48 vacancies in the reputed organisation

CBI books ABG Shipyard in biggest bank fraud case of over Rs 22,842 crore
Business

CBI books ABG Shipyard in biggest bank fraud case of over Rs 22,842 crore

The Forensic Audit by Ernst and Young has shown that between 2012-17, the accused colluded together and committed illegal activities including diversion of funds, misappropriation and criminal breach of trust

Centre approves 19th tranche of electoral bonds; sale to be open from 1 to 10 January
Business

Centre approves 19th tranche of electoral bonds; sale to be open from 1 to 10 January

The sale of the first batch of electoral bonds took place from 1 to 10 March, 2018. The 18th tranche of the bond sale took place from 1 to 10 September, 2021.

SBI CBO recruitment 2021: Registration deadline for 1,226 posts ends today; check direct link to apply
India

SBI CBO recruitment 2021: Registration deadline for 1,226 posts ends today; check direct link to apply

The recruitment drive will consist of an online written test, screening test and interview.