With around 26% market share, SBI is also the biggest player in the home loan segment
Final date for submitting documents is May 24
Biggest challenges faced by regulators, she said, was how to ensure that resources are not wasted
The main online examination will be conducted on June 4, 2017
Last date for application and payment of fees is May 18, 2017
But no change in lending rates
The rates have been revised for medium and long term deposits and for amount below Rs 1 cr
Banks are expected to do better on net earnings but with low credit off take, says Report
With an eye for spot among top 50 global banking brands, SBI spruces up logo, look and positioning
In the top-10 ranking, SBI stands at sixth place and ONGC at the seventh spot
SBI set Apr 13 deadline for officers of 5 associate banks for options regarding PF, pension, etc
Loan growth plummeted to a whopping six decadal low of 5.08 per cent in fiscal 2017
Crop failure and inability to deploy tractors were some of the reasons for the loans turning bad
Mumbai, 14 AprilThe Voluntary Retirement Scheme (VRS) offer for employees of State Bank of India's associate banks, now formally merged with the parent, has had a relatively poor response.A not-so-good package and a weak job market has held back many who of the 12,500 who were eligible from putting in their papers; only 3,500 have finally opted for it. While 4,300 had applied till the final date of April 5, around 800 of them withdrew applications by April 12, the last day for doing so.A top SBI official said the response was below (about 50 per cent) expectation but this was not a problem, as those who have stayed back are not a burden. Many have significant experience, handy to manage the merger transition. The bank would be look at skill and experience profile for deciding postings, the official said. All the five entities -- State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore, in addition to ...
Scheme for absorption of 30,000 officers of five associate banks initiated by SBI hit a speed bump
Arundhati Bhattacharya expects cost and efficiency gains from the absorption of associate banks
Consolidation of books to take 30 days from announcement of merger date
At least Rs 8 crore were deposited in old notes in these accounts
Since April 1, 2016, the banks have reduced their MCLR by around 60-125 bps
Not maintaining MAB will invite penalty ranging from Rs 20 (rural branches) to Rs 100 (metro cities)