Page 58 - Sbi
SBI-FTSE to create bond index for India
FTSE and SBI had signed a letter of intent last year to create the index that would work as a benchmark for Indian bonds
 "SBI-FTSE to create bond index for India")
State Bank, ICICI cut home loan rates, waive off processing fee
The banks have waived off all processing fees for loans during festive season ending December 31, 2016
 "State Bank, ICICI cut home loan rates, waive off processing fee")
SBI associates post heavy losses in September quarter
Parent infuse Rs 2,400 crore in SBP to meet CAR norms
 "SBI associates post heavy losses in September quarter")
SBI extends last date to apply for regular, contractual specialist cadre officers posts
Last date to register application and pay examination fee online is October 31, 2016. Last date for receipt of hard copy of online application along with enclosure for contractual post is November 4, 2016. The test will be conducted tentatively on November 25, 2016
SBI raises Rs 2,500 crore from bonds
In regulatory filing, bank says, it is in nature of debentures of face value Rs 10 lakh each
 "SBI raises Rs 2,500 crore from bonds")
Debit card scare: Why you need to change the ATM PIN immediately
With debit cards of 5 banks compromised, time to be very cautious while transacting. If possible, avoid non-bank ATMs
 "Debit card scare: Why you need to change the ATM PIN immediately")
Banks alert as passwords compromised in majority of debit card transactions
The security breach happened through a malware in the systems of Hitachi Payments Services, which serves ATM network of Yes Bank and also some white-label ATMs.
 "Banks alert as passwords compromised in majority of debit card transactions")
SBI advises customers to use its own ATM network
SBI said it is aiming to replace around six lakh debit cards within two weeks
SBI merger to trim new hirings by 20%
On an average, SBI requires at least 13,000 staff (new hires) on account of retirement every year
 "SBI merger to trim new hirings by 20%")
SBI to sell upto 5% in SBI Life to non-promoter entity
Expects to conclude deal in FY17
 "SBI to sell upto 5% in SBI Life to non-promoter entity")
After 53 years, SBI resumes banking in Myanmar
During bank nationalisation, the Rangoon branch of Bank of Bengal was taken over by the Peoples' Bank No 8 of Burma in February 1963
 "After 53 years, SBI resumes banking in Myanmar")
Further easing of deposit rates in the offing for SBI
Scope for two IFSCs in India, says Arundhati Bhattacharya
 "Further easing of deposit rates in the offing for SBI")
SBI invest Rs 100 crore for new local head office at GIFT City
Formally launches international banking unit at IFSC
 "SBI invest Rs 100 crore for new local head office at GIFT City")
SBI moves from balance sheet-based to cash flow-based lending
Decision sparked by mounting NPAs; mid-corporate bad loans account for 41% of total NPAs worth Rs 1.02 lakh crore
'SBI's branch expansion not to be affected by merger': SBI MD
SBI has 17,000 branches and together with its subsidiaries, the tally will come to nearly 23,000 after merger
SBI hopes to achieve 12% SME credit growth
There are about 23,000 branches of SBI and its associate banks
 "SBI hopes to achieve 12% SME credit growth")
SBI prunes debut AT1 issue to $300 million
5.5% coupon rate to set benchmark for others
 "SBI prunes debut AT1 issue to $300 million")
SBI's dollar bond issue to set price benchmark
Fitch Ratings said a successful cross-border AT1 issue by SBI would be a positive development for India's banking system
SBI's bond issue to set pricing benchmark for others: Moody's
It said the SBI's issue price would also provide Indian banks with an alternative funding option
SBI set to launch foreign AT1 bonds on Wednesday
Indicative coupon is 5.5%
 "SBI set to launch foreign AT1 bonds on Wednesday")