State Bank Of India Sbi


'State Bank Of India Sbi ' - 885 News Result(s)

  • State Bank Of India Cuts Fixed Deposit, Loan Interest Rates After RBI Move: 10 Points

    State Bank Of India Cuts Fixed Deposit, Loan Interest Rates After RBI Move: 10 Points

    State Bank of India (SBI) on Friday announced a cut of 75 basis points in its lending rates, hours after the Reserve Bank of India (RBI) announced a reduction of the same magnitude in the repo rate. Repo rate is the key interest rate at which the regulator lends short-term funds to commercial banks such as SBI. In a statement late on Friday, the co...

  • State Bank Of India Slashes Lending, Deposit Rates

    State Bank Of India Slashes Lending, Deposit Rates

    The lender has also reduced interest rates on retail and bulk deposits by between 20 to 100 basis points across various tenors

  • "Banks, ATMs To Remain Open": Nirmala Sitharaman Denies Report Lenders Plan To Shut Most Branches

    "Banks, ATMs To Remain Open": Nirmala Sitharaman Denies Report Lenders Plan To Shut Most Branches

    State Bank of India (SBI) managing director PK Gupta also denied the report, saying: "Not true at all. There is no such plan."

  • Will Not Sell Any Share In Yes Bank For Next 3 Years, Says SBI Chairman

    Will Not Sell Any Share In Yes Bank For Next 3 Years, Says SBI Chairman

    Rajnish Kumar on Tuesday said that although he cannot talk about other banks, regarding SBI, "not even a single share will be sold in three years".

  • Yes Bank Withdrawal Cap To Be Lifted Today: All You Need To Know

    Yes Bank Withdrawal Cap To Be Lifted Today: All You Need To Know

    Crisis-hit Yes Bank is set to resume full banking operations starting 6 pm today, paving way for its troubled depositors to make withdrawals without any restrictions. The Reserve Bank of India (RBI) had earlier superceded Yes Bank's board and imposed a moratorium on the beleaguered private sector bank, permitting customers to only take out up to Rs...

  • Yes Bank To Resume Full Banking Services From 6 pm On Wednesday

    Yes Bank To Resume Full Banking Services From 6 pm On Wednesday

    The development comes as a group of lenders led by the country's largest bank, State Bank of India (SBI), has committed to pick stake in Yes Bank as part of a government-backed rescue plan for the troubled private sector lender.

  • After SBI, Private Banks Line Up To Buy Stakes In Yes Bank

    After SBI, Private Banks Line Up To Buy Stakes In Yes Bank

    The Union cabinet headed by Prime Minister Narendra Modi approved a rescue plan for Yes Bank, Finance Minister Nirmala Sitharaman said on Friday, as authorities look to prevent a broader banking crisis. The state-owned State Bank of India (SBI), the country's largest lender, will take a 49 per cent stake in Yes Bank, the finance minister said.

  • BSNL Partners With SBI to Launch Bharat InstaPay Digital Payments Platform for Channel Partners

    BSNL Partners With SBI to Launch Bharat InstaPay Digital Payments Platform for Channel Partners

    BSNL has announced its partnership with State Bank of India (SBI) to launch digital payments platform Bharat InstaPay. The new platform is designed for BSNL’s channel partners in India.

  • State Bank Of India To Buy Rs 7,250-Crore Stake In Yes Bank

    State Bank Of India To Buy Rs 7,250-Crore Stake In Yes Bank

    The country's largest lender State Bank of India (SBI) on Thursday said that the lender's board has approved ofpurchase of 725 crore shares in Yes Bank Ltdat a price of Rs 10 per share. The announcement suggests that the state-owned lender will infuse a total capital of Rs 7,250 crore in the crisis-ridden Yes Bank.

  • State Bank Of India (SBI) Cuts Home, Car Loan, Fixed Deposit Rates

    State Bank Of India (SBI) Cuts Home, Car Loan, Fixed Deposit Rates

    Last month, the RBI maintained the status quo on monetary policy amid high inflation, in line with economists' expectations.

  • Yes Bank Withdrawal Limit Could End "Within A Week": SBI Chairman

    Yes Bank Withdrawal Limit Could End "Within A Week": SBI Chairman

    State Bank of India (SBI) chairman Rajnish Kumar told NDTV on Monday that the current cap on withdrawals from Yes Bank accounts could be lifted "within a week". In an exclusive interaction with NDTV, the SBI chairman said: "I want to assure Yes Bank customers that once we (SBI) step in they shouldn't worry about money... The financial system is sou...

  • SBI To Get Back To RBI On Yes Bank Bailout Plan By Monday: 10 Points

    SBI To Get Back To RBI On Yes Bank Bailout Plan By Monday: 10 Points

    State Bank of India (SBI) chairman Rajnish Kumar said on Saturday that the lender is conducting due diligence on the governments bailout plan for Yes Bank, and will get back to the Reserve Bank of India (RBI) with comments by Monday. "There are many potential investors who have approached us after looking at the draft scheme," he said during a medi...

  • "Your Deposits Are Safe," Says Yes Bank In Letter To Customers

    "Your Deposits Are Safe," Says Yes Bank In Letter To Customers

    A day after the Reserve Bank of India (RBI) superseded its Board and imposed a withdrawal limit of Rs 50,000 for 30 days, crisis-ridden private lender Yes Bank, in a letter to its customers asserted that their deposits are safe. The letter, signed by Prashant Kumar, former CFO of State Bank of India (SBI), who has been appointed as Yes Bank's admin...

  • SBI Shows Interest In Buying 49% Stake In Crisis-Hit Yes Bank: 10 Points

    SBI Shows Interest In Buying 49% Stake In Crisis-Hit Yes Bank: 10 Points

    The Reserve Bank of India (RBI) on Friday said the State Bank of India (SBI) has expressed willingness to invest in crisis-ridden Yes Bank. In a draft reconstruction scheme for the private lender, the central bank also said that the investor bank shall invest in Yes Bank to the extent that it will hold 49 per cent equity after the infusion. A day a...

  • SBI Exploring Range Of Rescue Options For Troubled Yes Bank: Report

    SBI Exploring Range Of Rescue Options For Troubled Yes Bank: Report

    State Bank of India (SBI), the country's largest lender, is exploring a wide range of rescue options for struggling Yes Bank Ltd including a complete buyout of its private-sector rival, two sources familiar with the matter said. The sources, who asked not to be named as the discussions are private, said other options being considered include gettin...

'State Bank Of India Sbi ' - 57 Video Result(s)

'State Bank Of India Sbi ' - 885 News Result(s)

  • State Bank Of India Cuts Fixed Deposit, Loan Interest Rates After RBI Move: 10 Points

    State Bank Of India Cuts Fixed Deposit, Loan Interest Rates After RBI Move: 10 Points

    State Bank of India (SBI) on Friday announced a cut of 75 basis points in its lending rates, hours after the Reserve Bank of India (RBI) announced a reduction of the same magnitude in the repo rate. Repo rate is the key interest rate at which the regulator lends short-term funds to commercial banks such as SBI. In a statement late on Friday, the co...

  • State Bank Of India Slashes Lending, Deposit Rates

    State Bank Of India Slashes Lending, Deposit Rates

    The lender has also reduced interest rates on retail and bulk deposits by between 20 to 100 basis points across various tenors

  • "Banks, ATMs To Remain Open": Nirmala Sitharaman Denies Report Lenders Plan To Shut Most Branches

    "Banks, ATMs To Remain Open": Nirmala Sitharaman Denies Report Lenders Plan To Shut Most Branches

    State Bank of India (SBI) managing director PK Gupta also denied the report, saying: "Not true at all. There is no such plan."

  • Will Not Sell Any Share In Yes Bank For Next 3 Years, Says SBI Chairman

    Will Not Sell Any Share In Yes Bank For Next 3 Years, Says SBI Chairman

    Rajnish Kumar on Tuesday said that although he cannot talk about other banks, regarding SBI, "not even a single share will be sold in three years".

  • Yes Bank Withdrawal Cap To Be Lifted Today: All You Need To Know

    Yes Bank Withdrawal Cap To Be Lifted Today: All You Need To Know

    Crisis-hit Yes Bank is set to resume full banking operations starting 6 pm today, paving way for its troubled depositors to make withdrawals without any restrictions. The Reserve Bank of India (RBI) had earlier superceded Yes Bank's board and imposed a moratorium on the beleaguered private sector bank, permitting customers to only take out up to Rs...

  • Yes Bank To Resume Full Banking Services From 6 pm On Wednesday

    Yes Bank To Resume Full Banking Services From 6 pm On Wednesday

    The development comes as a group of lenders led by the country's largest bank, State Bank of India (SBI), has committed to pick stake in Yes Bank as part of a government-backed rescue plan for the troubled private sector lender.

  • After SBI, Private Banks Line Up To Buy Stakes In Yes Bank

    After SBI, Private Banks Line Up To Buy Stakes In Yes Bank

    The Union cabinet headed by Prime Minister Narendra Modi approved a rescue plan for Yes Bank, Finance Minister Nirmala Sitharaman said on Friday, as authorities look to prevent a broader banking crisis. The state-owned State Bank of India (SBI), the country's largest lender, will take a 49 per cent stake in Yes Bank, the finance minister said.

  • BSNL Partners With SBI to Launch Bharat InstaPay Digital Payments Platform for Channel Partners

    BSNL Partners With SBI to Launch Bharat InstaPay Digital Payments Platform for Channel Partners

    BSNL has announced its partnership with State Bank of India (SBI) to launch digital payments platform Bharat InstaPay. The new platform is designed for BSNL’s channel partners in India.

  • State Bank Of India To Buy Rs 7,250-Crore Stake In Yes Bank

    State Bank Of India To Buy Rs 7,250-Crore Stake In Yes Bank

    The country's largest lender State Bank of India (SBI) on Thursday said that the lender's board has approved ofpurchase of 725 crore shares in Yes Bank Ltdat a price of Rs 10 per share. The announcement suggests that the state-owned lender will infuse a total capital of Rs 7,250 crore in the crisis-ridden Yes Bank.

  • State Bank Of India (SBI) Cuts Home, Car Loan, Fixed Deposit Rates

    State Bank Of India (SBI) Cuts Home, Car Loan, Fixed Deposit Rates

    Last month, the RBI maintained the status quo on monetary policy amid high inflation, in line with economists' expectations.

  • Yes Bank Withdrawal Limit Could End "Within A Week": SBI Chairman

    Yes Bank Withdrawal Limit Could End "Within A Week": SBI Chairman

    State Bank of India (SBI) chairman Rajnish Kumar told NDTV on Monday that the current cap on withdrawals from Yes Bank accounts could be lifted "within a week". In an exclusive interaction with NDTV, the SBI chairman said: "I want to assure Yes Bank customers that once we (SBI) step in they shouldn't worry about money... The financial system is sou...

  • SBI To Get Back To RBI On Yes Bank Bailout Plan By Monday: 10 Points

    SBI To Get Back To RBI On Yes Bank Bailout Plan By Monday: 10 Points

    State Bank of India (SBI) chairman Rajnish Kumar said on Saturday that the lender is conducting due diligence on the governments bailout plan for Yes Bank, and will get back to the Reserve Bank of India (RBI) with comments by Monday. "There are many potential investors who have approached us after looking at the draft scheme," he said during a medi...

  • "Your Deposits Are Safe," Says Yes Bank In Letter To Customers

    "Your Deposits Are Safe," Says Yes Bank In Letter To Customers

    A day after the Reserve Bank of India (RBI) superseded its Board and imposed a withdrawal limit of Rs 50,000 for 30 days, crisis-ridden private lender Yes Bank, in a letter to its customers asserted that their deposits are safe. The letter, signed by Prashant Kumar, former CFO of State Bank of India (SBI), who has been appointed as Yes Bank's admin...

  • SBI Shows Interest In Buying 49% Stake In Crisis-Hit Yes Bank: 10 Points

    SBI Shows Interest In Buying 49% Stake In Crisis-Hit Yes Bank: 10 Points

    The Reserve Bank of India (RBI) on Friday said the State Bank of India (SBI) has expressed willingness to invest in crisis-ridden Yes Bank. In a draft reconstruction scheme for the private lender, the central bank also said that the investor bank shall invest in Yes Bank to the extent that it will hold 49 per cent equity after the infusion. A day a...

  • SBI Exploring Range Of Rescue Options For Troubled Yes Bank: Report

    SBI Exploring Range Of Rescue Options For Troubled Yes Bank: Report

    State Bank of India (SBI), the country's largest lender, is exploring a wide range of rescue options for struggling Yes Bank Ltd including a complete buyout of its private-sector rival, two sources familiar with the matter said. The sources, who asked not to be named as the discussions are private, said other options being considered include gettin...

'State Bank Of India Sbi ' - 57 Video Result(s)

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