State Bank of India Raises Rs 7,500 Crore Through Basel III Compliant Tier 2 Bond Issuance
The bonds are issued for a tenor of 15 years, with call option after 10 years and each anniversary dates thereafter and are rated AAA with stable outlook from CRISIL Ratings Limited and CARE Ratings Limited.
Sep 18, 2024, 16:50 PM IST
New FASTag Design Targets Misuse Of Smaller Vehicle Tags On Larger Vehicles— Details Here
On August 30, 2024, SBI introduced several new products. Among them is India's first MTS card, the MTS RuPay NCMC prepaid card.
Aug 31, 2024, 21:09 PM IST
THESE 5 Special FD Schemes With High Interest Rates Are Ending On September 30, SBI FD In The List
Banks had earlier introduced the scheme for a select period to provide senior citizens and regular customers with a chance to get better returns on their investments.
Aug 29, 2024, 16:25 PM IST
Rs 175 Crore Fraud In Hyderabad SBI Branch; 'Mule Accounts' Used, Main Fraudster Operating From Dubai
Cyber Security Bureau has advised people to avoid opening a bank account for someone else or carrying out any dubious transactions stating that if you have already opened a mule account, report it to 1930 or cybercrime.gov.in.
Aug 29, 2024, 15:12 PM IST
State Bank of India Raises Rs 7,500 Through Basel III Compliant Tier 2 Bond Issuance
The bonds are issued for a tenor of 15 years, with call option after 10 years and each anniversary dates thereafter.
Aug 28, 2024, 16:52 PM IST
Decline In Bank Deposits Also Because Of Non-uniform Tax Treatment On Various Investment Options: SBI Report
SBI attributed the fall in deposits to the varied rates of return offered by different investment options for similar time frames and different tax rates on returns on deposits.
Aug 19, 2024, 15:33 PM IST
Relief For SBI, PNB As Karnataka Puts Decision To Suspend Transaction On Hold
The circular added that the action was taken in response to the alleged fraud in the bank branches.
Aug 16, 2024, 21:14 PM IST
SBI Hikes Loan Interest Rates By 10 BPS Across All Tenors From THIS Date
SBI’s latest hike in its Marginal Cost of Funds Based Lending Rate (MCLR) comes shortly after the RBI kept the repo rate steady at 6.5 per cent.
Aug 15, 2024, 15:46 PM IST
Karnataka Opens Front Against SBI, PNB; Halts Transactions
The order also specifies that no further deposits should be made into SBI or PNB.
Aug 14, 2024, 18:37 PM IST
SBI Records Net Profit Of Rs 17,035 Cr With Increase In Operating Profit By 4.55 Pc YoY In Q1FY25
The bank's Net Interest Income (NII) for Q1FY25 rose by 5.71 per cent YoY, reflecting improved interest earnings.
Aug 03, 2024, 15:13 PM IST
Microsoft Outage: SBI Reports Systems Unaffected And Working Smoothly
The outage disrupted flights, banks, media outlets and companies around the world on Friday.
Jul 19, 2024, 15:49 PM IST
SBI Home Loan Customers Alert! State Bank Hikes MCLR Rates Effective From Today 15 July 2024
SBI Home loan borrowers take note: Bank has announced hike in its MCLR rates effective from today, 15 July 2024.
Jul 15, 2024, 10:26 AM IST
State Bank of India To Offer Online Loan Against Mutual Funds
The new loan facility is extended at attractive interest rates to mutual fund schemes of all Asset Management Companies (AMCs) registered with CAMS, said SBI.
Jul 11, 2024, 11:27 AM IST
SBI Shares Jump In Morning Trade As Bank Raises Rs 10,000 Crore Through 6th Infrastructure Bond Issuance
SBI yesterday said that it has raised Rs 10,000 crores at a coupon rate of 7.36% through its sixth infrastructure bond issuance.
Jul 11, 2024, 11:18 AM IST
SBI Surya Ghar Loan For Solar Roof Top --Eligibility, Interest Rate, Documents Required
SBI Surya Ghar Loan For Solar Roof Top -- Check Eligibility, Interest Rate, Tenor, Documents Required, And Other Details
Jul 05, 2024, 09:13 AM IST
SBI Unveils MSME Sahaj Digital Financing: Avail Loan Up To Rs 1 Lakh Within 15 Minutes
Under MSME Sahaj Digital Financing, the closure of the loan on due date is also automated and is carried out by the system itself.
Jul 01, 2024, 14:28 PM IST
RBI Rolls Out New SAARC Currency Swap Framework For 2024 To 2027
Under the Framework for 2024-27, a separate INR Swap Window has been introduced with various concessions for swap support in Indian Rupee.
Jun 27, 2024, 19:12 PM IST
SBI Raises Rs 10,000 Crore Through Infrastructure Bonds: Details Here
The investors were across provident funds, pension funds, insurance companies, mutual funds, corporates etc.
Jun 26, 2024, 16:50 PM IST
SBI Plans To Open 400 Branches In FY25: Chairman Khara
SBI General Insurance reported a 30.4 per cent rise in net profit to Rs 240 crore for the financial year ended March 2024.
Jun 23, 2024, 16:08 PM IST
SBI Board Approves Raising Rs 20,000 Crore For FY25 Via Long Term Bonds
Earlier this month, SBI raised 100 million dollars through its London branch by issuing three-year senior unsecured floating-rate bonds.
Jun 19, 2024, 15:42 PM IST
