SBI and Amazon today signed a Memorandum of Understanding, identifying areas of cooperation to build a digital India which meets the aspirations of the next generation of customers and small businesses.
SBI and Amazon will develop trusted and frictionless payments and commerc... (more)
State Bank of India today launched an online facility for Overdraft against Fixed Deposit. Customers holding Fixed Deposits in a single name can now avail of up to 90% of the FD amount as an overdraft to meet emergency and other needs. As an introductory offer, SBI is charging an interest rate of o... (more)
State Bank of India (SBI), India’s largest bank and a global leader in payments, has introduced the latest innovation in card payments technology. The Bank, and its credit card subsidiary – SBI Card – have launched the sbiINTOUCH Contactless Debit Card and SBI Signature Contactles... (more)
State Bank of India (SBI) in association with National Payments Corporation of India (NPCI) has launched “State Bank RuPay Platinum Debit Card‟ in the presence of Smt. Arundhati Bhattacharya, Chairman, SBI, Shri B. Sriram Managing Director & Group Executive (National Banking), SBI and S... (more)
State Bank of India (SBI) and National Insurance Company Limited (NICL) signed a MoU on 28th April 2015 to roll out accidental death and disability cover for savings bank account holders covered under Pradhan Mantri Suraksha Bima Yojana (PMSBY). The Savings Bank accountholders in the age 18 to 70 y... (more)
In continuation to the launch of the SBI Composite Index on December 9, 2014, State Bank of India herewith releases yearly as well as monthly Composite Index value for the month of April 2015.
The yearly SBI Composite Index for April 2015 has reached a 61-month high at 58.2 (High growth) fr... (more)
The State Bank of India (SBI), country’s largest commercial bank has cut its base rate by 15 basis points to 9.85% from 10% which is effective from 10th April 2015.... (more)
Views of Smt. Arundhati Bhattacharya, Chairman, SBI on the RBI policy:
“The policy decision by RBI to stay put on repo rate was on expected lines. However, with the central bank inflation guidance suggesting a somber trend between now and August, frontloading a repo rat... (more)
State Bank of India won the ‘Brand of the Year’ award in banking in India at The World Branding Awards that took place in Paris, France on March 25th, 2015. The glittering ceremony at the iconic Hilton Paris Opera honored 50 brands from 22 countries.
The second installment of t... (more)
