Mon, Jan 01, 2024
State Bank of India's SBI Amrit Kalash Fixed Deposit (FD) scheme has attracted investor attention given its fixed interest rate, guaranteed return, and duration. The scheme was started for 400 days with December 31, 2023 as the deadline which has now been extended to March 31, 2024. As the Year 2024 begins, here is how much you can earn in this SBI FD scheme.
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Thu, Dec 21, 2023
State Bank of India gives 3 per cent to 6.5 per cent annual interest to regular customers and 3.5 per cent to 7.5 per cent to senior citizens on fixed deposits (FDs) of different maturities.
State Bank of India (SBI) said it will sign a 200 million euro (about Rs 1,800 crore) Line of Credit (LoC) with the European Investment Bank (EIB) for supporting climate action projects in the country.
Tue, Nov 21, 2023
The portfolio was with Alok Kumar Choudhary earlier. Choudhary has been entrusted with the new responsibility of Managing Director looking after Risk, Compliance & Stressed Assets Resolution Group (SARG).
Fri, Nov 17, 2023
“We are continuing to invest in Yono Global to offer the best services available as we want to give superior experience to our customers,” Krishnan told PTI at the three-day Singapore Fintech Festival (SFF), which ends on November 17.
Wed, Nov 01, 2023
The fund was raised through Basel III compliant Tier 2 Bonds carrying a coupon rate of 7.81 per cent. The bonds are issued for a tenor of 15 years, with the first call option after 10 years, SBI said in a statement.
Thu, Oct 26, 2023
The company announced the successful closure of the funding round from Temasek-led investors and State Bank of India.
Under the PMJJBY scheme, individuals can obtain life insurance coverage, while PMSBY offers accidental insurance cover of Rs 2.00 lakh each, all at an affordable premium of Rs 436 and Rs 20 per annum, respectively.
Fri, Oct 20, 2023
The bank stated that SBI Card customers from major cities to tier 2 and tier 3 cities can look forward to a season filled with savings.
Mon, Sep 25, 2023
RBI fines SBI, Indian Bank and Punjab & Sind Bank: The Reserve Bank of India (RBI) on Monday imposed fines on State Bank of India (SBI), Indian Bank, Punjab & Sind Bank, and Fedbank Financial Services for violating various norms set by the central bank.
India's retail inflation in August was over RBI's 6 per cent target at 6.83 per cent largely due to a spurt in vegetable and fruit prices, but experts see upside risks are balanced.
Fri, Sep 22, 2023
State Bank of India announced that it has raised Rs 10,000 crore through an infrastructure bond issue. The country's largest lender will be paying a coupon rate of 7.49 per cent on the bonds, as per a statement.
Mon, Sep 18, 2023
State Bank of India said in the statement that it has leveraged technology to create a seamless, digitized account opening process that ensures efficiency and accuracy, making it a one-stop solution for NRI banking needs.
Mon, Sep 04, 2023
The State Bank of India (SBI) on Monday said it has implemented UPI interoperability in its digital rupee, called Central Bank Digital Currency (CBDC). With this move, the bank aims to deliver unprecedented convenience and accessibility to its customers, SBI said in a statement.
Thu, Aug 17, 2023
UDGAM Portal: The launch of the web portal will aid users to identify their unclaimed deposits or accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks.
Mon, Aug 14, 2023
State Bank of India (SBI), the country's biggest lender, is planning to open 300 branches across the nation in the current financial year.
Wed, Aug 09, 2023
On YONO 2.0 SBI customers and other users will be able to avail services and products like money transfer, mutual fund, personal loan, foreign remittances even without opening an account with SBI.
SBI Research expects the Reserve Bank of India to again put a pause on the key policy rates as the central bank's third monetary policy committee meeting is currently underway.
It is not often that another Indian company gets to pip Reliance in the profitability sweepstakes. But, in the June 2023 quarter i.e., Q1FY24, the State Bank of India (SBI) has reported profits than Reliance Industries, 5paisa.com reported.
Thu, Aug 03, 2023
Public sector lender State Bank of India (SBI) has taken PC Jeweller to the National Company Law Tribunal (NCLT) with a plea to initiate insolvency proceedings against the city-based jewellery manufacturer and retailer claiming a default.
Mon, Jul 31, 2023
Country's largest lender State Bank of India (SBI) on Monday raised Rs 10,000 crore at a coupon rate of 7.54 per cent through its third infrastructure bond issuance.
Thu, Jul 27, 2023
Economists at the country's largest lender SBI on Thursday advanced their estimate on the Indian economy becoming the third largest in the world by two years to 2027.
Tue, Jul 11, 2023
State Bank of India (SBI) on Monday said it proposes to sell 2 per cent stake by offloading 40 lakh shares in depository organisation NSDL.
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