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State Bank of India tops mobile banking chart

The country’s largest lender, State Bank of India (SBI), has emerged as the leader in mobile banking with 50 per cent market share in this segment. “SBI, with 11.5 million registered......

SBI cuts deposit rates by 0.25%

State Bank of India on Tuesday cut its interest rate offering for medium-term deposits by 0.25 per cent to 8.75 per cent, citing slower-than-expected pick up in advances. However, it increased......

Raghuram Rajan, SBI chief among most influential policy makers

Reserve Bank of India Governor Raghuram Rajan took charge of India's central bank when the rupee seemed to be in a tailspin while the country was facing runaway inflation.  He stabilised the......

SBI to raise global biz share to 25% in 3 years

State Bank of India, the country’s largest lender, has prepared a three-year schedule for raising the share of its international business in the balance sheet to 25 per cent from 18 per cent......

SBI launches savings accounts for children

State Bank of India on Friday introduced personalised savings accounts for anyone below 18-year age.SBI introduced this products three months after the Reserve Bank issued guidelines allowing......

Rashid starts Asian Tour career on winning note

Rashid Khan launched his Asian Tour career with a thrilling victory in the season-opening SAIL-SBI Open as he edged out Bangladesh's Siddikur Rahman in the play-off at the Delhi golf Club on......

Rashid leads the field by four strokes in SAIL-SBI Open

A double bogey threatened to spoil his card but Rashid Khan made a superb recovery as he scored a three-under 69 to lead the field by four strokes at the halfway stage of the SAIL-SBI Open at the......

Lahiri climbs to 2nd in Asian Tour Order of Merit

Rising Indian golfer Anirban Lahiri's successful consecutive title triumph at the SAIL-SBI Open on Sunday helped him climb to the second spot in the Asian Tour Order of Merit. Lahiri's walked home......

Lahiri retains title after play-off at SAIL-SBI Open

India's Anirban Lahiri successfully defended his title at the SAIL-SBI Open following a thrilling play-off victory over compatriot Rashid Khan in New Delhi on Saturday. The 25-year-old Lahiri......
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  People speak for sbi

  • QNA
Abhishek Kumar
Q. I don't need some of the saving accounts of nationalized banks. However, I still have to pay annual service charges, quarterly sms charges and maintain a minimum balance to avoid penalty to each of these banks. My questions are:1) What if I maintain zero balance and not bother to use them any more? Will the bank close my account automatically after some time span due to negative balance incurred due to penalties and other charges? If so, can(do) they still claim money and take legal action?2) Is there any way to get my account closed over phone in banks like canara/sbi?
Abhishek Kumar:  A.  more

http://qna.rediff.com/questions-and-answers/i-dont-need-some-of-the-saving-accounts-of-nationalized-bank/27325342/answers/

Damodar Biswal
Q. Should we remain careful during the rising market?
Damodar Biswal:  A. u cant closed your account on phone banking go to concerned banks branch and closed all the accounts you dont need more

http://qna.rediff.com/questions-and-answers/should-we-remain-careful-during-the-rising-market/27323696/answers/27325346

Damodar Biswal
Q. KFA airlines has no chance of revival. PSU banks' went on lending despite the falling financial health of KFA. It is all public money. KFA owes around 8000 crore INR to PSU banks. Should the lending be probed to fix responsibility?
Damodar Biswal:  A. DO NOT PURCHASE ,,,,,,,,,,,, SBI AT PRESENT TCS NOT THIS RATE ,,,,,, DOLLER IS GOING TO GO DOWN more

http://qna.rediff.com/questions-and-answers/kfa-airlines-has-no-chance-of-revival.-psu-banks-went-on-len/27295514/answers/27323717

prabirb
Q. Do you know that nationalised banks has been charging for SMS alart , Increased ATM charges , monthly interest not being credited from TDRs etc, when ATMs remain unserviceable often they charge transaction fees without delivering . How can we stop these wrong deeds?
Prabirb:  A. as is normal business practice..funding and financing are done based on a business/company's performance and past track record..financing always...... more

http://qna.rediff.com/questions-and-answers/do-you-know-that-nationalised-banks-has-been-charging-for-sm/27291652/answers/27295530

  Web results for Sbi
Corp Bank to take partners on board to recover KFA dues

SBI leads a 17-member consortium of lenders trying to recover dues running into over Rs 7,500 cr in principal alone from Kingfisher Airlines BS... ...

http://www.business-standard.com/article/finance/corp-bank-to-take-partners-on-board-to-recover-kfa-dues-114092300984_1.html
Will the Centre merge hydro-power PSUs?

SBI Caps has given its report on the pros and cons of the merger proposal. Smaller companies fear the move could have adverse consequences Sudheer... ...

http://www.business-standard.com/article/economy-policy/will-the-centre-merge-hydro-power-psus-114092301300_1.html
IFC raises $100M in maiden onshore rupee bonds

International Finance Corporation today said it has completed its maiden onshore rupee bonds, the Maharaja Bonds, worth nearly USD 100 million from... ...

http://www.vccircle.com/news/finance/2014/09/23/ifc-raises-100m-maiden-onshore-maharaja-bonds
Sensex Nifty fall most in 212 monthswealth drops Rs 16 tn

Indian markets on Tuesday suffered a big jolt with Sensex crashing 431 points and Nifty plunging 129 points in their worst drop in two-and-a-half... ...

http://hindustantimes.com.feedsportal.com/c/33818/f/608459/s/3ebab382/sc/30/l/0L0Shindustantimes0N0Cbusiness0Enews0Csensex0Edown0E20A0Epts0Ein0Eearly0Etrade0Eon0Eglobal0Ecues0Carticle10E12673290Baspx/story01.htm
Diversified funds make more sense

Buying a single Larsen & Toubro share would cost Rs 1,496 - quite an expensive proposition. But if one gets L&T, ITC, Axis Bank and some blue-chip... ...

http://smartinvestor.business-standard.com/market/Marketnews-267436-Marketnewsdet-Diversified_funds_make_more_sense.htm

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