The bank is in discussion with dozens of new age NBFCs, fintechs and traditional NBFCs for co-lending. Over half a dozen NBFCs have already been onboarded where the bank is lending based on the lead generated by these new players

The country's leading lender SBI is upgrading its existing work-from-home policy to work-from-anywhere, as it gears up to adjust to the new challenges posed by COVID-19

He said that government has taken steps to make direct bank transfers, a lot of emphasis on helping the MSMEs and announced reforms in the areas of agriculture, defence and mining for creating a favourable investment climate

Given the regulatory minimum of 80 per cent in the current year, the largest bank is closer to double at 143 per cent.

To open the SBI Insta Saving Bank Account, customers just need to download YONO app, enter their PAN and Aadhaar details, submit one-time password (OTP), and fill other relevant details

As per SBI's annual financial annual report, Chairman Rajnish Kumar received Rs 29,53,750 for FY19

The bank also informed the stock exchanges earlier on June 9, 2020 that it will be holding a virtual general meeting of its shareholders on June 17 to elect four directors to the bank's board from a list of five candidates

Share price of SBI opened with a gain of 5.27% to Rs 197.70 compared to the previous close of Rs 187.80 on BSE

The company had earlier stated that it aimed to onboard over one lakh restaurants for the solution in phase one

The sales volume in 2019-20 stood at 9,15,900 tonne, rising by 7 per cent, while the stainless steel production was at 9,73,995 tonne in the fiscal ended March 31, 2020

The drug will be provided to the poor and needy patients in the state, Public Health Minister Rajesh Tope said

Uday Kotak said a fine balance between the fiscal deficit and financial health of the Indian economy is the need of the hour

The central bank said the government has also decided to offer a discount of Rs 50 per gram on the nominal value to investors applying online

It was the last operational plant of the Atlas Cycles with a monthly production of over two lakh bicycles

Though made lightly, the remarks by SBI Chairman Rajnish Kumar reflect a huge difference in salary among top executives working in public and private banks

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The banks such as Bank of Baroda and IDBI Bank have announced that 65 per cent of their loan book is under moratorium. The private banks have seen one third of their book in terms of value under moratorium

SBI's SME Business Unit to local head offices comes as a reassurance for struggling firms which fear banks could take a long time in processing their applications

The one-year MCLR, to which a majority of loans such as residential mortgages and auto loans are tied now stands at 7.70 per cent

The new rates on retail term deposits are applicable from May 27, according to data available on the bank's website