SBI

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Must Read: These Six Big Changes From Today

SBI’s Home Loan Costlier The country’s largest bank State Bank of India (SBI) will increase its internal benchmark lending rate (EBLR) by 0.4 per cent to 7.05 per cent. Whereas RLLR will be more than 6.65 per cent. According to SBI’s website, the 10 bps increase in MCLR will also be applicable from June 1. …

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SBI’s Big Setback To its Home Loan Customers

If you are a customer of State Bank of India (SBI) or you are planning to take home loan from SBI, then the beginning of the new month will increase the expenses for you too. In fact, let us tell you that SBI has increased its home loan external benchmark lending rate (EBLR) by 40 …

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SBI Not Issued ‘No Due Certificate’ To Farmer For 31 Paise Outstanding, High Court Said Harassment

State Bank of India has been strongly reprimanded by the Gujarat High Court. Actually, this matter is related to the land deal of a farmer. The bank did not issue a ‘No Due Certificate’ (No Dues Certificate) to this farmer as only 31 paise remained outstanding.  The court expressed displeasure in this way The court of Justice …

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These Eight Rules Changing From April Will Have Direct Impact On Your Pocket

These Eight Rules Changing From April Will Have Direct Impact On Your Pocket

Tax on PF account From April 1, the existing PF account can be divided into two parts, which will also be taxed. According to the rules, there will be no tax on contribution up to Rs 2.5 lakh in PF account. Interest earned on contributions above this will be taxed. GST e-Invoicing The Central Board …

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Don't Scan QR Code To Receive Money. SBI Alerts Customers

Don’t Scan QR Code To Receive Money. SBI Alerts Customers

Today, in the modern era where all the work is now being done online, especially in the Corona era, the use of cashless transactions has increased. In such a situation, thugs find new ways to cheat people. In the recent past, there have been cases of fraud by scanning the QR code from the mobile. In view of …

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SBI Scheme: Deposit Lump Sum Money And Earn With Interest Every Month

SBI Scheme: Deposit Lump Sum Money And Earn With Interest Every Month

SBI Annuity Deposit Scheme Deposit for how much period  According to the SBI website, deposits can be made in this scheme for 36, 60, 84 or 120 months. This scheme is available in all branches of SBI. There is no maximum deposit limit in this. At the same time, the minimum annuity is Rs 1000 per month. In this, …

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SBI Issues Statement On Biggest Bank Scam in The History Of India

SBI Issues Statement On Biggest Bank Scam in The History Of India

In the ABG Shipyard scam case, the largest public sector bank SBI has issued a statement. The bank has said that it had lodged a complaint with CBI in November 2019 itself. According to the statement, ABG Shipyard was incorporated on 15 March 1985 and it was doing banking arrangement since 2001. Became NPA in …

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Pre-Market Information – SBI, Shree Cements, Tata Steel and others in focus today

The US markets did well on Friday. Asian markets are mixed. SGX Nifty indicates a negative start for Indian markets. The following stocks in focus today: SBI: The state-owned lender reported its Q3 earnings. Its Q3 net profit stood at Rs.8432 Cr vs Rs.5196 Cr YoY. Its NII jumped to Rs.30687.2 Cr vs Rs.28819.9 Cr …

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Pre-Market Information-Reliance New Energy to acquire 100% stake in Faradion for GBP 100 Million

Global markets have a muted start. The US markets ended in red. SGX Nifty is also in red. But the gap down is milder one. There are several stocks in focus. Reliance Industries’s Subsidiary Reliance New Energy Solar is to acquire. Faradion for 100 Million pounds. In another development, Sterling and Wilson Renewable Energy approved …

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SBI Customer: How To Download Home Loan Interest Certificate To File Your ITR?

SBI Customer: How To Download Home Loan Interest Certificate To File Your ITR?

Home loan interest certificate is a statement of home loan account provided by your bank. In this, full details of the interest and principal amount you have paid during a financial year are given. It is used as a home loan repayment proof. Home loan interest certificate is mainly used for claiming income tax deductions …

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SBI Alert: Do This Work Immediately! Unless You Will Not Be Able To Do High Value Transactions

SBI Alert: Do This Work Immediately! Unless You Will Not Be Able To Do High Value Transactions

State Bank of India (SBI) has issued an alert for its customers that if they have not linked their Aadhaar card with PAN, get it done immediately. The deadline for linking Aadhaar with PAN is about to end. If you do not link your Aadhaar with PAN before the stipulated time limit, then your PAN …

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If Your Saving Account is in SBI, Then This Big Alert is For You!

If Your Saving Account is in SBI, Then This Big Alert is For You!

If your Saving ccount is in the country’s largest government bank i.e. State Bank of India, then this news is for you. State Bank of India told through a tweet to make its customers aware that how you can avoid online fraud. Let us tell you that these days digital transactions are increasing very fast, …

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Good News! No Need To Visit Bank Branch For SBI YONO Business App

Good News! No Need To Visit Bank Branch For SBI YONO Business App

If you want to use SBI YONO Business then this news is for you. Today we will tell you how you can easily register yourself on this app (Yono Business App). Yono Business app has been launched by State Bank of India, whose basic objective is to provide platform to Corporate and SME i.e. small and medium …

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STATE BANK OF INDIA IMPORTANT ALERT TO CUSTOMERS

SBI has issued important alerts, will affect the account of customers

State Bank of India (SBI) has issued alert messages for customers through social media. SBI has told in another tweet that the online services of the bank will be suspended for about 120 minutes. The bank said that on September 15, between 12:00 pm and 02:00 pm, maintenance work will be done for about 120 …

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SBI Offers: 100% Off On Home Loan Processing Fees!

SBI Offers: 100% Off On Home Loan Processing Fees!

The country’s largest bank State Bank of India (SBI) has announced 100% rebate in processing fee (PF) for new home loan customers. SBI has also announced ‘Monsoon Dhamaka Offer’ with 100% discount on processing fees of home loans in the month of August. This offer will be available for new home buyers till 31 August …

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Ministry of Finance

SBI authorised to issue and encash Electoral Bearer Bond 2018 through its authorised branches

The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 02nd January 2018. As per provisions of the Scheme, Electoral Bonds may be purchased by a person (as defined in item No. 2 (d) of Gazette Notification), who is a citizen of India or incorporated or established in …

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Many rules are changing from July 1, will have a direct impact on your pocket, know what is going to change

Important rules related to your life are going to change from July 1, which is going to have a direct impact on your pocket and household budget. Rules To Change From 1st July TDS will have to be paid double from July 1 The Income Tax Department has become very strict on those who do …

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SBI is providing the facility to update KYC sitting at home, account will be closed after December 31 – know process

Good news. The central bank RBI has asked all the banks not to freeze the bank account of anyone till 31 December 2021 in case there is no KYC updte i.e. the worries of the bank account freezing due to not having the KYC update by the end of this year. happened. Get KYC updates …

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Reserve Bank of India imposes monetary penalty on State Bank of India

State Bank of India (SBI) services will be interrupted for some time tonight, SBI has given information about it by tweeting

According to the information given by SBI, some banking services of SBI were disrupted due to maintenance activities from 10:15 pm on Friday, May 7 to 01:45 pm on May 8 (ie at 2 pm after 12 pm today). Will stay. According to the information given by the bank, Internet banking, YONO, YONO Lite and …

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Reserve Bank of India imposes monetary penalty on State Bank of India

In 5 years, SBI charges 300 crores from zero balance accounts, violation of RBI rules: IIT Bombay

Many banks, including the country’s largest bank SBI, charge higher charges on some services related to zero bankless or basic savings bank deposit accounts (BSBDA) and this is in violation of RBI regulations. This is revealed by a study by IIT Bombay. According to the study, if the transactions are done more than the prescribed …

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Reserve Bank of India imposes monetary penalty on State Bank of India

State Bank of India cuts home loan rates to 6.7 per cent

The offer will be available till 31st March of 2021 and the lender is also given 100% waiver on the processing fee. Customers can also apply online the ease of their home via YONO App to get additional interest concession of 5 bps. On the eve of International Women’s day, a special 5 bps concession …

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Reserve Bank of India imposes monetary penalty on State Bank of India

State Bank of India revises Financial Year 21 GDP estimates to -7.0 pct

State Bank of India’s Economic Research Department revised FY21 GDP estimates to -7.0%. Previously it had estimated GDP at -7.4%. As per the report authored by SBI’s Group Chief Economic Advisor Dr. Soumya Kanti Ghosh, based on ‘SBI Nowcasting Model’ the  GDP growth forecast for Q3 would be around 0.3%. Apart from Q3 FY21, the …

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Reserve Bank of India imposes monetary penalty on State Bank of India

SBI raises USD 1 billion untied loan with JBIC, other lenders

The State Bank of India signed a loan agreement amounting to up to one billion US Dollars with the Japan Bank for International Cooperation, a company statement said in Mumbai yesterday. The loan is intended to promote the smooth flow of funds for the whole range of business operations of Japanese automobile manufacturers in India. …

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Govt appoints Dinesh Kumar Khara as SBI chairman for 3 years

Government on Tuesday appointed Dinesh Kumar Khara as chairman of State Bank of India for three years effective from 7 October. Khara will replace SBI Chairman Rajnish Kumar, whose three-year term comes to an end on October 7. Khara, who joined SBI in 1984 as a Probationary Officer, was instrumental in merging five associate banks …

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Reserve Bank of India imposes monetary penalty on State Bank of India

SBI ACCOUNT HOLDERS GOT A BIG SHOCK. THIS DECISION IMPLEMENTED ON SAVING ACCOUNTS

If you have a Saving Account in the State Bank of India (SBI), then this information is for you. Prior to the nationwide lockdown due to Coronavirus, the bank announced a reduction in the interest received in the savings account. This announcement has been effective from Wednesday 15 April. With this announcement, now account holders …

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Reserve Bank of India imposes monetary penalty on State Bank of India

SBI’s BIG DECISION ON EMI AFTER ANNOUNCEMENT OF RBI. CUSTOMERS WILL GET RELIEF

The RBI made several important announcements on Friday to save the economy from the Corona Crisis. SBI has also made a big announcement regarding EMI. SBI has deferred three installments of EMI of borrowers. For this, the customer does not need to apply to the bank. At the same time, the situation is not clear …

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