18 Sep 2014
Mumbai: State Bank of India accounted for half of the total number of mobile transactions undertaken in June, while ICICI Bank became the first to surpass the Rs 1,000-crore mark albeit with only a fifth of the registered users as the country's largest lender.
18 Sep 2014
Mumbai: With a whopping 11.5 million (1.15 crore) registered users, State Bank of India (SBI) generates around 50 percent of all mobile banking transactions. The data was revealed by RBI in Mumbai on Thursday. At present, the SBI user base for mobile banking is around 4.5 percent of its total retail customer base, and customers can avail it irrespective of the mobile handsets they use.
18 Sep 2014
Mumbai: Largest lender State Bank of India has emerged as the leader in mobile banking with 50 percent market share in this segment.
12 Sep 2014
New Delhi: State Bank of India has taken the lead in flagship Jan Dhan Yojana by opening over 30 lakh accounts so far, followed by Punjab National Bank.
09 Aug 2014
Mumbai: Registering its first profit growth in six quarters, country's largest bank State Bank of India (SBI) posted 3.3 percent rise in net profit at Rs 3,349.08 crore in the three months to June, notwithstanding a steep 72 percent hike in provisioning for bad loans.
05 Sep 2014
New Delhi: State Bank of India (SBI) on Friday introduced personalised savings accounts for anyone below 18-year age. SBI introduced this product three months after the Reserve Bank issued guidelines allowing minors over 10 years to operate bank savings accounts independently and use facilities such as ATMs and cheque books.
08 Sep 2014
Mumbai: The country's largest lender State Bank of India on Monday said it is planning to launch contact-less debit cards which would enable customers to carry out some transactions without entering the pin number.
03 Sep 2014
Hyderabad: Country's largest bank SBI said it expects 14 to 15 percent growth in credit off-take during the current financial year even as economic indicators are improving, said a top official of the bank.
04 Sep 2014
New Delhi: State Bank of India has been asked by a consumer forum here to pay over Rs 23,000 to a man for failing to investigate his complaint of a fraudulent transaction from his credit card.
01 Sep 2014
Mumbai: State Bank of India (SBI) on Monday signed a loan agreement with the Japan Bank of International Cooperation (JBIC) to set up an export credit line in two currencies worth USD 152 million.