Latest News on State Bank Of India
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State Bank Of India - Total results - 581
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Feb 18, 2019
SBI announces loan waiver to 23 soldiers killed in Pulwama terror attack; insurance money to be expedited
All the CRPF soldiers were SBI customers under Defence Salary Package where the Bank's provides insurance of Rs 30 lakhs to each of the defence personnel. -
Feb 14, 2019
SBI chairman Rajnish Kumar says will reduce interest rates once marginal cost of funds comes down
SBI Chairman Rajnish Kumar on Thursday said the bank has already cut the interest rate and will reduce it further with a decline in the marginal cost of funding -
Feb 14, 2019
Vijay Mallya's jibe on Narendra Modi's speech in Lok Sabha: 'Why isn't PM instructing banks to take money I'm offering?'
Calling Prime Minister Narendra Modi an eloquent speaker, absconding liquor baron Vijay Mallya on Thursday asked as to why the Prime Minister was not instructing the banks to take the money he had made available to pay off the public funds lent to Kingfisher. -
Feb 04, 2019
UK home secretary clears Vijaya Mallya's extradition to India; fugitive liquor baron has 14 days to appeal against order
UK Home Secretary has ordered fugitive liquor baron Vijaya Mallya's extradition to India under the India-UK extradition treaty; Mallya is wanted in India for alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores -
Feb 02, 2019
SBI secures unprotected server that might have exposed data of millions of users
SBI’s investigation also showed that its servers remained secure and that there had been no breach. -
Jan 31, 2019
SBI's unprotected data server leaked account details of millions of customers; situation now under control
There are no details as to how long the server was password-less, but it was discovered by a security researcher and has now been secured -
Jan 29, 2019
SBI set to own 15% of Jet Airways after debt for equity swap move; airline’s shares decline over 2%
Jet Airways said on Monday it would seek a shareholder nod next month to convert existing debt into equity, raise more money and allow its lenders to nominate a director on its board as part of efforts to resolve its financing problems. -
Jan 28, 2019
Cash-strapped Jet Airways seeks shareholder approval to convert existing debt into equity to resolve financing problems
Jet Airways Ltd said on Monday it would seek shareholder approval next month to convert existing debt into equity, part of efforts by the cash-strapped Indian airline to resolve its financing problems -
Jan 28, 2019
Three years on, bankruptcy reform languishes in courts; bankers offload bad debts at fire sale prices
The Insolvency and Bankruptcy Code allows even small creditors to file insolvency petitions against a company that had defaulted on debt -
Jan 21, 2019
Jet Airways lenders expected to get reply from Etihad this week on terms of capital infusion in debt-laden airline
Etihad Airways offered to invest in Jet Airways Ltd at Rs 150 ($2.11) per share, along with an immediate release of $35 million
