Tag: sbi

adminMay 25, 2021
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2min00
Kolkata : Leading private insurer SBI Life Insurance on Monday said it has signed a ‘bancassurance’ pact, with state-run Allahabad Bank to offer a financial planning solution to consumers. One of the largest bancassurance partnerships in the country will see 3,238 branches of the bank across the country offering the insurer’s a range of protection, […]

adminMay 25, 2021
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2min00
Chennai : In an effort to expand its bancassurance channel, non-life insurer SBI General Insurance Company Ltd is in talks with state-run as well as privately-held banks for distributing its products, said a senior official on Thursday. Currently, a major chunk of the insurer’s premium is obtained from its bancassurance partners like the parent State […]

adminMay 25, 2021
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4min00
The bankruptcy of the infrastructure lending giant IL&FS is a result of poor corporate governance by the BJP Govt: Sanjay Nirupam By Asmita Jadhav, Mumbai: Mumbai Congress President Sanjay Nirupam today claimed that PM Modi and Finance Minister Arun Jaitley have been pressurizing the state-owned LIC and SBI to bail out the debt ridden Infrastructure […]

adminMay 25, 2021
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2min00
Mumbai : The State Bank of India (SBI) has donated Rs 2 crore for the Kerala flood victims and initiated several other ground-level measures in the deluged state, an official said on Saturday. The SBI has encouraged all its 270,000 staffers to contribute to the Chief Minister’s Distress Relief Fund (CMDRF), and the bank would […]

adminMay 25, 2021
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3min00
Mumbai : Cash withdrawals from ATMs actually declined in the January-March quarter of last financial year on the sequential basis, implying the current shortage could be “superficial”, a report from State Bank of India said on Thursday. “Coming to withdrawals, the Q-o-Q (quarter to quarter) ATM cash withdrawal trend indicates that there has been a […]

adminMay 25, 2021
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6min00
By Taponeel Mukherjee, The State Bank of India’s (SBI) decision earlier this week to not fund interest payments during the infrastructure construction phase is not only a move to manage its exposure to infrastructure going forward, but also a call to think of innovative solutions to finance the construction phase of infrastructure projects in India. […]

adminMay 25, 2021
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2min00
New Delhi : State Bank of India (SBI) will unveil the country’s first integrated lifestyle and banking digital platform on Friday to be launched here by Finance Minister Arun Jaitley, according to a statement from the public sector bank. YONO, the acronym for ‘You Only Need One’, will be the first digital banking platform to […]


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