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Fake notes from SBI ATM: Cash custodian arrested

A 27-year-old man was arrested on Thursday in connection with a case in southeast Delhi’s Sangam Vihar area where a State Bank of India ATM had allegedly dispensed four notes of Rs 2,000......

Fake Rs 2000 notes from 'Children Bank of India' at Delhi ATM

A man who had gone to withdraw money at an ATM in Sangam Vihar in New Delhi allegedly ended up getting four notes of Rs 2,000 with ‘Children Bank of India’ written on them, police said......

Currency seizure: RBI official in CBI net, 10 cases so far

The Central Bureau of Investigation has arrested a Reserve Bank of India official and a JDS leader K C Veerendra, who is also a casino owner, in connection with separate cases relating to alleged......

Despite spike in NPAs, SBI Q1 profit jumps to Rs 2,006 cr

The operating income of the bank fell by 5.17 per cent to Rs 25,612 crore during April-June quarter of 2017-18 The country's largest lender SBI reported over 5-fold jump in consolidated net profit......

Who will gain the most from SBI's savings rate cut?

Analysts expect banks with a strong deposit franchise to benefit from SBI's rate cut as they too are likely to follow the leader. Illustration: Uttam Ghosh/Rediff.com Just when the Street was......

SBI cuts saving account rate by 0.5%

SBI said revision of saving bank rate will enable the bank to maintain MCLR based lending rate at existing rates. India's largest lender State Bank of India has slashed interest on savings account......

76 banks report 5,076 cases of active banking frauds

State Bank of India reported 544 cases of such frauds that caused a loss of Rs 191,295 lakh Illustration: Uttam Ghosh/Rediff.com A combined 5,076 cases of active banking frauds involving Rs 1 lakh......

SBI chief's salary is Rs 2.37 cr less than ICICI Bank's Kochhar!

While Chanda Kochhar got a pay of Rs 2.66 crore, Arundhati Bhattacharya took home only Rs 28.96 lakh State Bank of India, one of the world's 50 largest banks, pays only a small fraction to its top......
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After SBI, now Yes Bank, HDFC Bank cut interest rates; savings account to fetch less returns

A large section of country's middle class who keep their savings in salary accounts is likely to feel the pinch as private and public-sector... ...

http://www.businesstoday.in/sectors/banks/these-are-the-banks-that-have-cut-interest-rates-on-savings-account/story/258543.html
Insurance cos lead primary market offering

Ravi Ranjan Prasad City: Mumbai Financial sector companies led by insurance companies, stock exchanges and small finance banks are likely to... ...

http://www.mydigitalfc.com/my-money/insurance-cos-lead-primary-market-offering
Thousands transferred, branches closed, but no major protests in SBI

India's largest lender, State Bank of India (SBI), has rationalised 716 offices (594 branches and 122 administrative offices) and several thousands... ...

http://www.prokerala.com/news/articles/a765093.html
Consolidation fiasco

SBI shows how mergers can be a wrong solution ...

http://www.business-standard.com/article/opinion/consolidation-fiasco-117081601606_1.html
Microsoft announces 'Coco Framework' for blockchain networks

New Delhi : With a rise in the adoption of Blockchain technology, Microsoft on Wednesday announced 'Coco Framework', a first-of-its-kind innovation... ...

http://www.sify.com/finance/microsoft-announces-coco-framework-for-blockchain-networks-news-technology-riqpafcgiedhi.html

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