The Latest Breaking News from SBI

Business: SBI hikes lending rate by 0.1 pc; EMIs to go up

The country's largest lender State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) or 0.1 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers. Read more on Dynamite News:

Dynamite News · Apr 19, 2022

SBI hikes lending rate by 10 basis points; EMIs to go up

NEW DELHI: The country's largest lender State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) or 0.1 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers.

The Times of India · Apr 19, 2022

Rajasthan: CBI to probe Rs 11 crore missing coins from Karauli SBI

NEW DELHI: The CBI has taken over the probe into the case of coins worth Rs 11 crore going missing from the vaults of the SBI branch in Mehandipur Balaji, officials said on Monday.

The Times of India · Apr 19, 2022

Five held for taking nearly Rs 3 crore loans by mortgaging fake gold, 14 still at large

AGRA: A group of five people, including two women, who had allegedly defrauded four different branches of State Bank of India (SBI) and Canara Bank in Mathura by taking loans worth Rs 2.80 crore after mortgaging fake gold, were arrested on Thursday. However, 14 people are still at large.

The Times of India · Mar 31, 2022

Five held for taking nearly Rs 3-crore loans by mortgaging fake gold in Mathura

AGRA: A group of five people, including two women, who had allegedly defrauded four different branches of State Bank of India (SBI) and Canara Bank in Mathura by taking loans worth Rs 2.80 crore after mortgaging fake gold, were arrested on Thursday. However, 14 people were still at large.

The Times of India · Mar 31, 2022

Displaying Ambedkar portrait in a bank without permission does not warrant removal from service: HC

Court orders reinstatement of the workman in service, but without back wages

The Hindu · Mar 30, 2022

52 SBI branches in Andhra Pradesh to be open today, tomorrow

Commissioner and Inspector-General, Registration and Stamps Department, V. Ramakrishna, has said that arrangements have been made to open some branches of State Bank of India (SBI) on March 26 and 27 (being holidays) for the convenience of the public for doing registrations.

The Hindu · Mar 25, 2022

Explained: Why NPS is better than India's old pension scheme

NEW DELHI: With certain states opting to revert to the old pay-as-you-go (PAYG) pension scheme and some others deliberating upon it, a report by State Bank of India (SBI) economists on Thursday said that it is bound to increase the current expenditure of state governments.

The Times of India · Mar 24, 2022

Digital payments snapshot in charts: Cards in circulation top 1 billion in India

NEW DELHI: With digital payments rising in India, the total number of debit and credit cards in circulation breached the 1 billion mark with 1006.7 million cards recorded as of December 2021, said Worldline India in its Annual Digital Payments Report.

The Times of India · Mar 23, 2022

Services may be hit as staff unions plan to go on strike on March 28, 29: SBI

NEW DELHI: The country's largest lender State Bank of India (SBI) on Tuesday said banking services may get impacted to an extent as various employees' unions have called for a two-day strike on March 28-29.

The Times of India · Mar 22, 2022