State Bank Of India

Interest Rates Of Key Banks On Fixed Deposits Below 1 Crore Rupees

Business | NDTV Profit Team | Friday September 21, 2018

Leading banks like State Bank of India (SBI), ICICI Bank, HDFC Bank and Bank of Baroda (BoB) offer the facility of opening a fixed deposit. Fixed deposits offer assured returns because FD interest rates do not change with market fluctuations.

P Chidambaram Slams Centre For "Heavy-Handed" Approach Towards Bad Loans

India News | Press Trust of India | Friday September 21, 2018

Senior Congress leader P Chidambaram today slammed the Modi government for its banking policy, saying due to its "heavy-handed" approach towards non-performing assets, banks have no money to lend.

Your Savings Account Can Give You Fixed Deposit-Like Returns

Business | NDTV Profit Team | Thursday September 20, 2018

Small finance banks offer attractive interest rates across various forms of deposits. Interest rates of small finance banks are much higher than larger peers like State Bank of India (SBI), HDFC Bank and ICICI Bank.

Banks That Pay Up To 9.5% Interest On Fixed Deposits Below 1 Crore Rupees

Business | NDTV Profit Team | Tuesday September 18, 2018

While commercial banks, such as State Bank of India (SBI), ICICI Bank and HDFC Bank, pay interest rates to the tune of 3.5-7.75 per cent on term deposits - or fixed deposits (FDs) - of below Rs 1 crore across different maturities, small finance banks pay interest rates in a range of 4-9.5 per cent.

SBI To Install Solar Panels Over 10,000 ATMs In 2 Years

India News | Press Trust of India | Wednesday September 19, 2018

In a step towards becoming carbon neutral, country's largest lender State Bank of India (SBI) is looking to install solar panels over around 10,000 ATMs across the country in the next two years, a senior official said.

Interest Rates Paid By Top Banks On Fixed Deposit Up To 1 Crore Rupees Compared

Business | NDTV Profit Team | Monday September 17, 2018

While most banks today offer higher interest rates to senior citizens than the general public, the investor can choose from a number of maturity periods available as per his or her investment goal. Top banks today, from state-run State Bank of India to its private sector peers ICICI Bank, HDFC Bank and Axis Bank, pay an interest rate of 3.5-7.75 pe...

Bank Of Baroda, Dena Bank, Vijaya Bank To Create India's Third Largest Bank: 10 Points

Business | NDTV Profit Team | Monday September 17, 2018

The government said on Monday announced a plan to merge three state-run banks. Dena Bank, Vijaya Bank and Bank of Baroda will be merged to create the third largest bank in the country, as part of efforts to clean up the country's banking system, an official release said. Finance Minister Arun Jaitley said the government has suggested the banks t...

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.

SBI's Current Bank Account: Mode Of Operation, Minimum Average Balance And Other Details

Business | NDTV Profit Team | Saturday September 15, 2018

State Bank of India (SBI) offers current bank account for users like firms, companies, public enterprises, businessmen, etc. According to SBI, current bank account is a form of demand deposit where withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount. A current account is generall...

SBI Instant Money Transfer Facility: Features, Service Charges, Transaction Limits

Business | NDTV Profit Team | Friday September 14, 2018

SBI or State Bank of India offers a facility of instant money transfer (IMT) via which you can transfer money instantly.

Here Are The Fixed Deposit Interest Rates Of Top Banks

Business | NDTV Profit Team | Saturday September 15, 2018

On a three-year fixed deposit below Rs 1 crore, BoI pays an interest rate of 6.5 per cent. As compared to this, SBI pays 6.8 per cent, HDFC Bank offers 7.10 per cent and ICICI Bank pays 7.25 per cent on fixed deposits of the same tenor and amount.

Taking Strong Measures To Recover Dues From Vijay Mallya, Says SBI

India News | Press Trust of India | Friday September 14, 2018

The country's biggest lender State Bank of India (SBI) today said there was no laxity on its part in dealing with loan default by now defunct Kingfisher Airlines of fugitive liquor baron Vijay Mallya.

FD Interest Rates On Deposits Below Rs 1 Crore: SBI Vs HDFC Bank Vs ICICI Bank Vs PNB

Business | NDTV Profit Team | Wednesday September 12, 2018

Bank fixed deposits are considered to be the safest investment instruments in terms of the guaranteed returns that they offer. Returns on fixed deposits are secure because FD interest rates do not change according to volatile market environment.

Want To Open A Digital Savings Account? Here Are Your Options

Business | NDTV Profit Team | Wednesday September 12, 2018

Zero Balance Digital Savings Accounts: If you want to open a new bank account within minutes, you may consider opening instant digital accounts with leading banks.

How To Apply For State Bank Of India EMV Chip Debit Card

Business | NDTV Profit Team | Tuesday September 11, 2018

SBI or State Bank of India provides free-of-cost upgrade of debit card to its customers. The upgrade of existing debit card to an EMV chip-and-PIN debit card offers enhanced security, the country's largest bank SBI said on microblogging site Twitter.