Springing a surprise, the Reserve Bank of India (RBI) on Tuesday cut its short-term lending rate by 50 basis points, but made a pitch for passing it on to consumers in the form of cheaper personal and commercial credit. Stakeholders expected a 25-basis-point cut.
State Bank of India () (SBI) (, , ) is the largest state-owned banking and financial services company in India.
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Recent news stories about State Bank of India
India's largest mortgage lender State Bank of India (SBI) has decided to cut its base rate by 40 basis points to 9.3 percent, a top bank official said.
Financial services were hit on Wednesday as lakhs of bank and insurance employees across the country began a one-day strike to protest against the anti-trade union and worker policies of the central government.
State-owned lender State Bank of India (SBI) on Friday said the government needs to think about means to sustain its social security schemes like Pradhan Mantri Jan Dhan Yojana (PMJDY) in the long run.
Reliance Industries Ltd (RIL) chairman Mukesh Ambani on Friday said the payments bank license issued to its joint venture with the State Bank of India (SBI) will promote massive adoption of digital transactions with low cost access.
Anticipating tougher competition after RBI granted payments banking licences to 11 entities, State Bank of India (SBI) on Friday said it will increase the number of its Customer Service Points (CSP) to assert its position in the rural unbanked segment.
The Reserve Bank of India (RBI) will issue licences to small finance banks to operate next month, RBI Governor Raghuram Rajan said on Thursday.
The Reserve Bank of India (RBI) on Wednesday granted 'in principle' approval to 11 applicants, including Reliance Industries Ltd., Aditya Birla Nuvo Ltd., Department of Posts and Cholamandalam Distribution Services Ltd., to set up payment banks.
Union Finance Minister Arun Jaitley on Tuesday launched the State Bank Of India's mobile wallet 'Buddy' and said technological advances would change the habits of consumers.
The State Bank of India (SBI) on Tuesday launched a new mobile app 'Buddy' in partnership with Accenture and Mastercard.
Videos about State Bank of India
August 22, 2012
New Delhi/ Kolkata / Lucknow, Aug 22 (ANI): Unions at banks across the country representing about one million employees have called for a nationwide ...
April 24, 2012
New Delhi, April 24 (ANI): Following the central bank measures, the State Bank of India (SBI) today has declared to cut loan rates for small and ...
November 16, 2011
Mumbai, November 16 (ANI): The State Bank of India has denied that it would restructure the debt of beleaguered Kingfisher Airlines, owned by liquor ...
November 14, 2011
New Delhi, November 14 (ANI): Creditors led by the State Bank of India (SBI) have asked Kingfisher airlines to raise fresh equity of Rs, 800 crore ...
November 12, 2011
New Delhi, November 12 (ANI): Union Civil aviation minister Vayalar Ravi on Saturday refused to comment on the Kingfisher crisis, saying that he was ...
Photos related to State Bank of India
November 20, 2015
: Mumbai, Nov 20 (IANS) Bipasha Basu is glad that a positive wave of change has set in Bollywood, thereby opening up more opportunities for actresses in the industry.
November 20, 2015
Mumbai: Actress Bipasha Basu with Pinkathon Founder and actor Milind Soman at Mumbai SBI Pinkathon press announcement in Mumbai, on Nov 19, 2015.
October 7, 2015
Bengaluru: Indian badminton player Saina Nehwal with SBI chief general manager Rajni Mishra during a press conference in Bengaluru, on Oct 7, 2015.
September 30, 2015
Bengaluru: SBI Chief General Manager Rajni Mishra (R) flags off the ``Great Malnad Challenge - 2015`` - an annual long distance cycling trail across the Western Ghats, in Bengaluru, on Sep 30, 2015.
September 27, 2015
Guwahati: People participate in SBI Pinkathon in Guwahati, on Sep 27, 2015.