Sbi Bank

18 State-Run Banks Hit By Frauds Worth Rs 32,000 Crore In June Quarter: Report

Business | Press Trust of India | Sunday September 8, 2019

As many as 1,197 cases of cheating involving Rs 12,012.77 crore were detected in SBI in the first quarter, according to the report.

SBI Invites Application From MBBS Candidates For Medical Officer Post

Jobs | NDTV Education Team | Sunday September 1, 2019

The last date for submission of applications, online at sbi.co.in, is September 19.

Amazon Freedom Sale Begins August 8: Mobile, Other Top Deals Previewed

Tasneem Akolawala | Wednesday July 31, 2019

Amazon Freedom Sale will see price cuts on phones like Samsung Galaxy M40, Oppo K3, and more, and the e-commerce giant has partnered with SBI Bank to offer additional discount as well.

Budget: SBI Doesn't Need Any Capital From Government, Says Chairman Rajnish Kumar

Business | Indo-Asian News Service | Thursday June 13, 2019

In March, SBI raised Rs 1,251 crore in bonds to boost its additional Tier 1 capital ratio. Its board has extended the deadline to raise Rs 20,000 crore till March next year.

ICICI Reported Most Number Of Fraud Cases In 11 Years Worth 5,000 Crores

India News | Press Trust of India | Wednesday June 12, 2019

Of over 50,000 frauds that hit banks in India in the last 11 fiscal years, the ICICI Bank, State Bank of India (SBI) and HDFC Bank reported highest number of cases, according to an RBI data.

Banks Levy These Charges For Insufficient Balance In Savings Accounts

Business | NDTV Profit Team | Wednesday May 8, 2019

Bank account balance: Banks - from SBI to HDFC Bank to ICICI Bank - levy a penalty to the tune of Rs 5 to Rs 600 (excluding taxes) for insufficient average of balances in a month - known as average monthly balance (AMB) - in their regular savings accounts. The amount of penalty charged by the major banks from their regular savings account holders d...

SBI Salary Package Account: Eligibility, Other Features Explained Here

Business | NDTV Profit Team | Saturday April 13, 2019

State Bank of India or SBI offers the facility of opening a salary package account, which is a special savings account offered to salaried customers. According to SBI's website- sbi.co.in, a salary package account is a zero balance account. This means that monthly average balance (MAB) rule is not applicable. Monthly Average Balance (MAB) is the su...

How To Activate New State Bank Of India ATM Card, Register For Net Banking Online

Business | NDTV Profit Team | Tuesday December 18, 2018

State Bank of India (SBI)'s internet banking subscribers can make use of a number of tools available online through the internet banking portal. In order to activate a new ATM card online, the SBI internet banking subscriber - the SBI customer who has opted for the bank's internet banking facility - need not visit an ATM or bank branch.

Senior Citizens Get Up To 0.65% Higher Return On FD Investment Than General Public: Compare Rates Here

Business | NDTV Profit Team | Thursday December 13, 2018

Today, top commercial banks - from state-run SBI, Punjab National Bank and Bank of Baroda to private sector peers ICICI Bank and HDFC Bank - provide a return of 3.5-8.15 per cent to senior citizens on fixed deposits up to Rs 1 crore. Investment in bank FD of the same category fetches interest at the rate of 3.5-7.5 per cent for the general public.

State Bank Of India Accounts That You Can Operate With Nil Balance

Business | NDTV Profit Team | Thursday November 8, 2018

SBI minimum balance rules - applicable to regular savings accounts - were last updated in April this year. SBI provides some types of accounts that are free from the minimum balance (monthly average balance) rules. This means that in these SBI accounts, the customer is not required to fulfil any balance requirements.

Banks' Bad Loan Provisions May Stay High Till Fiscal 2020: Report

Business | Press Trust of India | Monday September 17, 2018

The outlook on private sector banks, along with SBI and Bank of Baroda among the state-run ones is stable, while all the other state-run banks carry a negative outlook, IndiaRatings said.

From Basic Account To Accounts For Minors: SBI Accounts That Can Be Operated With Zero Balance

Business | NDTV Profit Team | Monday September 10, 2018

Under the monthly average balance or MAB rules set by SBI, the bank's customers need to maintain an average balance of Rs 1,000-Rs 3,000 in a month. Failing to meet the MAB rules leads to penalty ranging from Rs 5 to Rs 15.

Zero Minimum Balance-No Monthly Average Balance Account: SBI Vs HDFC Bank

Business | NDTV Profit Team | Saturday July 21, 2018

Zero Balance Savings Account: HDFC Bank and SBI offer number of facilities such as debit and ATM cards and internet banking with BSBD account.

Bank Charges You Have To Pay For Making NEFT, RTGS Transactions

Business | NDTV Profit Team | Tuesday July 17, 2018

State Bank of India (SBI), Bank of Baroda, ICICI Bank and Canara Bank charge a fee ranging from Rs 3 to Rs 15 per transaction from their customers for making a money transfer of Rs 1 lakh-Rs 2 lakh through NEFT.

Need To Make An NEFT Or RTGS Money Transfer? Here Are The Charges Levied By Banks

Business | NDTV Profit Team | Monday July 16, 2018

State Bank of India (SBI), Bank of Baroda, ICICI Bank and Canara Bank, for example, charge a fee ranging from Rs 3 to Rs 15 per transaction from their customers for making a money transfer of Rs 1 lakh-Rs 2 lakh through NEFT.