State Bank-of-india

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State Bank-of-india - Total results - 748
Coronavirus Outbreak: State Bank of India waives service charges for all ATM transactions till 30 June
Business

Coronavirus Outbreak: State Bank of India waives service charges for all ATM transactions till 30 June

State Bank of India has decided to waive off charges for all ATM transactions made on SBI as well as other banks till 30 June amid the ongoing coronavirus pandemic.

Fake UPI IDs during coronavirus: Banks, including SBI, HDFC, ICICI, warn customers of online fraudsters in the name of COVID-19 relief
Business

Fake UPI IDs during coronavirus: Banks, including SBI, HDFC, ICICI, warn customers of online fraudsters in the name of COVID-19 relief

The coronavirus lockdown has reportedly allowed cyber criminals more opportunities to engage in fraudulent activities and dupe people off their finances. They are doing this by making them give out bank details or in some cases, transferring money to false COVID-19 relief accounts.

EMI moratorium fraud: Banks asking customers to be alert, not to share OTP with imposters
Business

EMI moratorium fraud: Banks asking customers to be alert, not to share OTP with imposters

In a bid to warn customers against fraudsters who may attempt to exploit the EMI moratorium scheme, leading banks are reaching out to their customers to caution them against ''EMI moratorium frauds'' and strongly advising them not to share sensitive information like OTP and PIN with imposters

Coronavirus Outbreak: Govt to deposit Rs 1,000 in women PMJDY accounts in next two months in equal instalments
Business

Coronavirus Outbreak: Govt to deposit Rs 1,000 in women PMJDY accounts in next two months in equal instalments

Urging people not to believe rumours, the finance ministry on Thursday said Rs 500 has been deposited in each PMJDY account held by women for April and Rs 1,000 more will be given over the next two months in equal instalments

SBI cuts savings bank deposits interest rate by 25 bps to 2.75%; reduces lending rate by 35 bps
Business

SBI cuts savings bank deposits interest rate by 25 bps to 2.75%; reduces lending rate by 35 bps

The country's largest lender SBI on Tuesday said it has cut savings rate by 0.25 percent to 2.75 percent on all deposits

EMI deferment as part of coronavirus relief may not be free; SBI clarifies moratorium to come at extra cost
Business

EMI deferment as part of coronavirus relief may not be free; SBI clarifies moratorium to come at extra cost

According to a report by The Financial Express, SBI management on Wednesday clarified that the deferral of interest payment and not the waiver hence it would come at a cost

Coronavirus Outbreak: SBI' s 2.56 lakh employees commit Rs 100 cr for PM relief fund to fight Covid-19
Business

Coronavirus Outbreak: SBI' s 2.56 lakh employees commit Rs 100 cr for PM relief fund to fight Covid-19

Employees of SBI have donated Rs 100 crore to the Prime Minister's relief fund to fight the coronavirus pandemic

Coronavirus Outbreak: Centre asks citizens to be vigilant against fake UPI IDs on PM-CARES fund; Delhi Police initiates legal action
India

Coronavirus Outbreak: Centre asks citizens to be vigilant against fake UPI IDs on PM-CARES fund; Delhi Police initiates legal action

Some unscrupulous people are trying to make money by creating fake Unified Payments Interface (UPI) IDs of PM-CARES.

More calibrated responses from govt expected as impact of coronavirus outbreak unfolds: SBI chief Rajnish Kumar
Business

More calibrated responses from govt expected as impact of coronavirus outbreak unfolds: SBI chief Rajnish Kumar

Terming the relief package as timely intervention, SBI Chairman Rajnish Kumar on Thursday said more calibrated responses in the coming weeks expected as the impact of pandemic COVID-19 unfolds

State Bank of India commits 0.25% of FY20 annual profit to help fight coronavirus outbreak
Business

State Bank of India commits 0.25% of FY20 annual profit to help fight coronavirus outbreak

The country's biggest lender State Bank of India on Monday said it will provide 0.25 percent of its annual profit for 2019-20 to fight the coronavirus outbreak in India

SBI to up Yes Bank stake to 49%, not to sell a single share before 3 years: Chairman Rajnish Kumar
Business

SBI to up Yes Bank stake to 49%, not to sell a single share before 3 years: Chairman Rajnish Kumar

State Bank chairman Rajnish Kumar on Tuesday said the country's largest lender that owns close to 43 percent in Yes Bank now will not sell a single share before that mandated three-year lock-in period, and that he's in fact keen to approach the board for hiking the holding to 49 percent

Yes Bank crisis: ICICI Bank, HDFC, Axis, Kotak to infuse Rs 3,100 cr in crippled private lender as part of bailout plan
Business

Yes Bank crisis: ICICI Bank, HDFC, Axis, Kotak to infuse Rs 3,100 cr in crippled private lender as part of bailout plan

ICICI Bank, HDFC, Axis Bank and Kotak Mahindra Bank will together invest Rs 3,100 crore as part of the RBI's reconstruction plan for the crisis-hit lender, according to the regulatory filings

Yes Bank crisis: SBI announces Rs 7,250-cr fund infusion into crippled private sector lender
Business

Yes Bank crisis: SBI announces Rs 7,250-cr fund infusion into crippled private sector lender

The largest lender State Bank of India on Thursday announced a Rs 7,250-crore fund infusion into the crippled Yes Bank under which it will pick up to 49 percent equity in the fourth largest private sector lender

Yes Bank crisis: RBI asks state govts not to move deposits out of private banks; says money is safe
Business

Yes Bank crisis: RBI asks state govts not to move deposits out of private banks; says money is safe

The Reserve Bank of India (RBI) has asked state governments not to transfer their deposits out of private sector banks saying apprehensions about the safety of deposits in private lenders are highly misplaced

Yes Bank shares tank over 39% to Rs 17.45 on NSE; give up all gains made in recent sessions
Business

Yes Bank shares tank over 39% to Rs 17.45 on NSE; give up all gains made in recent sessions

Shares of Yes Bank on Thursday gave up all gains made in recent sessions, plunging over 39 percent to Rs 17.45 on the NSE

SBI waives minimum average balance requirement; rationalises interest rate on savings bank accounts to 3%
Business

SBI waives minimum average balance requirement; rationalises interest rate on savings bank accounts to 3%

The country's largest lender SBI on Wednesday rationalised interest rate on all savings bank (SB) accounts to a flat 3 percent, a move affecting 44.51 crore account holders

SBI cuts FD interest rates second time in a month, reduces MCLR by up to 15 bps; home, auto loans to become cheaper
Business

SBI cuts FD interest rates second time in a month, reduces MCLR by up to 15 bps; home, auto loans to become cheaper

The country's largest lender State Bank of India (SBI) on Wednesday said it has reduced its marginal cost of fund-based lending rate (MCLR) by up to 15 basis points across various tenors, effective 10 March

Yes Bank shares rally in second consecutive session, up over 35% as investor sentiment turned positive on SBI stake buy announcement
Business

Yes Bank shares rally in second consecutive session, up over 35% as investor sentiment turned positive on SBI stake buy announcement

Shares of Yes Bank continued to gain for the second consecutive session on Wednesday, rallying up to 28 percent, as investor sentiment turned positive after SBI said it will buy a 49 percent stake in the cash-strapped lender

Yes Bank scam: Customers sensed all was not well with private lender, withdrew Rs 18,110 cr deposits during Mar-Sep 2019
Business

Yes Bank scam: Customers sensed all was not well with private lender, withdrew Rs 18,110 cr deposits during Mar-Sep 2019

Deposits at Yes Bank witnessed a steady decline during the March-September period last year as customers withdrew over Rs 18,100 crore, in a reflection of falling confidence in the bank