MillenniumPost

SBI waives charge on IMPS fund transfer of up to ₹ 1,000

12 July 2017 10:27 AM GMT
Country's largest bank SBI has waived charges for fund transfer of up to ₹ 1,000 through its IMPS (Immediate Payment Service) to promote small...

'SBI ATMs not affected by ransomware'

17 May 2017 2:23 PM GMT
Amid reports of several ATMs remaining shut due to a possible virus attack by WannaCry ransomware, the largest public lender of the country State Bank...

SBI to allow ATM withdrawals via e-wallet

11 May 2017 11:40 AM GMT
The largest lender State Bank of India will introduce new facility that would enable withdrawal of cash through ATMs using the bank's mobile...

SBI cuts home loan rates by 25 bps

8 May 2017 11:16 AM GMT
The country's largest home loan provider State Bank of India (SBI) has announced reduction in the home loan rates by 25 basis points (bps) from 8.60...

Bad debt situation not that grim, recovery hopes intact: SBI

6 May 2017 9:19 AM GMT
State Bank of India, the country's largest lender, today said most of the nation's bad loans belong to industries that are still in business and banks...

2,800 employees of SBI's associate banks opt for VRS

3 April 2017 5:23 PM GMT
All the five entities -- State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT), in addition to Bharatiya Mahila Bank (BMB) -- merged with SBI with from April 1.

Post merger, SBI begins operations as unified entity

1 April 2017 12:35 PM GMT
The State Bank of India (SBI), the country's largest lender, started functioning as unified entity from Saturday post merger of its five associate...

26 companies want to collaborate with India Post Payments Bank

27 March 2017 10:21 AM GMT
Some of the banks and non-banking companies that have shown interest to partner with India Post Payments Bank are YES Bank, Union Bank, State Bank of India, Deutsche Bank, Barclays, HSBC and Royal Sundaram.

Kingfisher needs fresh equity infusion: SBI

7 July 2012 2:57 AM GMT
The State Bank of India [SBI] on Friday said plans to revive Kingfisher Airlines will not work unless they are backed by fresh equity infusion.‘Firm...

SBI hikes FD interest rates

1 July 2012 1:26 PM GMT
In a surprise move, the country’s largest bank State Bank of India (SBI) increased interest rates on select fixed deposits by 0.25 per cent on...

SBI to raise up to $2 billion via bonds

18 Jun 2012 1:00 AM GMT
The country's largest lender State Bank of India (SBI) will raise up to $2 billion through an overseas bond sale in the next three months.‘We will be...

SBI springs a surprise, Q4 profit up

19 May 2012 5:54 AM GMT
The country's largest lender State Bank of India (SBI) on Friday posted net profit of Rs 4,050.27 crore in the fourth quarter ended March 2012,...
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