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Reserve Bank may maintain status quo in Aug policy: SBI chief

State Bank of India chairperson Arundhati Bhattacharya said on Thursday the Reserve Bank is likely to keep interest rate intact in its upcoming monetary policy review next month. "I think status......

SBI cuts fixed deposit rate on select maturities by 0.5%

State Bank of India on Tuesday slashed the interest rate on short-term fixed deposits up to 179 days by 0.5 per cent, a move expected to be followed by other lenders. Interest rate on fixed......

SBI pins hopes on economic recovery to cut NPAs

The State Bank of India (SBI) on Tuesday said it does not have a magic wand to deal with non-performing assets (NPAs), which rose to 4.95 per cent of advances at the end of 2013-14 on a gross......

Treat gold deposits as part of cash reserve ratio: SBI

The country's two biggest state-run lenders on Saturday pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR),......

Why fund managers are switching stock bets

Shares of construction major Larsen & Toubro (L&T) and the country's largest lender, State Bank of India (SBI), are in high demand among equity fund managers, who substantially raised their......

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
SBI selling assets before they are ready to be classified as NPAs

the mid-corporate group of SBI was the largest contributor to bad loans, with Rs. 26,257 crore of NPAs, or 42% of its total gross NPAs of Rs.... ...

http://www.livemint.com/Industry/F1e6vhHAQdgXfxPzBWe4cO/SBI-selling-assets-before-they-are-ready-to-be-classified-as.html
SBI Life net rises 14% in first quarter

Private life insurer SBI Life Insurance today announced a 14 per cent increase in net profit at Rs 241 crore for the quarter ending June 2014 as... ...

http://www.thehindubusinessline.com/companies/sbi-life-net-rises-14-in-first-quarter/article6260478.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
SBI adopts village in Raichur

State Bank of India has adopted Chikkotnekal village, in Manvi Taluk of Raichuras, as part of its village adoption scheme. Ashwini Mehra, Deputy... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/sbi-adopts-village-in-raichur/article6261272.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Essar and BASF mull US$2 bln petrochemical JV

In a bid to revive its diversification plan, India's Essar Industries is in talks with Germany's BASF, the largest chemicals player in the world,... ...

http://www.plastemart.com/plastic-facts-information.asp?news_id=25733&news=Essar-and-BASF-mull-US2-bln-petrochemical-JV
SBI Life Insurance net profit up 14 per cent to Rs 241 crore in Q1

MUMBAI: reported 14 per cent rise in net profit to Rs 241 crore for the first quarter of this fiscal year ending June 2014 against Rs 212 crore in... ...

http://economictimes.feedsportal.com/c/33041/f/534096/s/3cf9336e/sc/1/l/0Leconomictimes0Bindiatimes0N0Cnews0Cnews0Eby0Ecompany0Cearnings0Cearnings0Enews0Csbi0Elife0Einsurance0Enet0Eprofit0Eup0E140Eper0Ecent0Eto0Ers0E2410Ecrore0Ein0Eq10Carticleshow0C39239520A0Bcms/story01.htm

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