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SBI bank News

19 May 2024

Renowned Indian Banker And Former ICICI Chairman Narayan Vaghul Passes Away

During his tenure, Vaghul mentored many senior executives including K.V. Kamath who succeeded him and carried on his legacy.

06 Aug 2023

ATM Charges: Check Before You Withdraw Cash - Rules Of Top Banks In India

Automated Teller Machine (ATM) helps you to withdraw cash from your account via debit card. Every bank provides this facility. However, customers need to pay some charges after a certain number of withdrawals in a month. The charges vary bank to bank and number of withdrawals. Let’s try to explore the various charges implemented by banks on cash withdrawals from ATM:

Public Provident Fund

26 Mar 2022

Check if your bank allows online PPF investment or you need to visit branch

Public Provident Fund investment offers tax benefits under Section 88 of the Income Tax Act. A few banks in the country allow their customers to begin their investment journey with the PPF scheme via net banking facility. Select banks allow investors to open their PPF accounts and put their money in the savings scheme completely online.

State Bank of India

20 Nov 2021

SBI resolves complaint of customer who was denied entry for wearing shorts

The customer who took to the microblogging platform to display his resent against SBI. SBI’s customer care soon responded to Ashish’s concerns. He posted an update on Saturday, November 20.

01 Jul 2021

SBI, Axis, IDBI, other banks change rules from July 1: All you need to know

The prices for cheque books have also been revised by SBI. IFSC codes of Syndicate Bank will change from July 1, 2021. IDBI Bank will now offer only 20-leaf cheque book for free starting July 1.

30 Jun 2021

THESE key things impacting common man to change from July 1

SBI will offer only four free transactions every month for BSBD account holders. SBI will only offer 10 cheque leaves free in a financial year to its BSBD account holders. LPG cylinder prices are up for a revision in the month of July.

13 Jul 2020

Tamil Nadu: Teen accused of SBI Bank forgery had no sinister motive, say cops

The police officers investigating the case also said that so far they haven’t received any complaint from people having been cheated of their money or valuables in this case.

12 Nov 2016

About Rs 2 lakh crore deposited till Saturday afternoon in banks: Arun Jaitley

Union Finance Minister Arun Jaitley said around Rs 2 lakh crore has been deposited till 12.15 pm on Saturday in banks across the country, following the demonetisation of Rs 500 and Rs 1,000 notes.

20 Aug 2016

Merger to add $120 billion to asset base: SBI

State Bank of India on Saturday said the ongoing merger of five of its associate banks and Bharatiya Mahila Bank will add Rs 8 trillion or USD 120 billion to its assets and will create a banking behemoth with global scale.

26 Jul 2016

SBI launches debit card-less instant money transfer facility

State Bank on Tuesday launched a payment system at its ATMs which will allow the account holders transfer money using mobile phone number as identifier.

13 Feb 2015

SBI looking at selling stakes in insurance subsidiaries

State Bank of India on Friday said it is keen on selling some of its stake in insurance subsidiaries and is in talks with respective joint ventures for the same.

22 Dec 2014

Four SBI Group DMDs appear for interview for MD's post

Four senior executives of SBI group have appeared for interviews for one post of Managing Director at State Bank of India (SBI), which is lying vacant after the retirement of A Krishna Kumar last month.

08 Dec 2014

SBI to take part in Arab Asia Business Partnership Summit 2014

The theme of the event scheduled from December 9-12, is 'Reinventing Regional Markets', which is organised in collaboration with the Confederation of Indian Industry (CII).

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