Page 93 - Sbi
Reduce MAB further
The Reserve Bank of India has not stipulated any minimum balance to be maintained in pension accounts
SBI lowers min balance to Rs 3,000; exempts pensioners, minors
The revised minimum monthly average balance requirement and charges will become applicable from October
 "SBI lowers min balance to Rs 3,000; exempts pensioners, minors")
SBI launches chatbot to help customers in banking activities
The chat assistant, known as SBI Intelligent Assistant, will help customers with everyday banking tasks
SBI's credit growth is pegged at 6-7 per cent: MD Rajnish Kumar
Already reeling under huge stressed assets like other banks, he said things would become better
 "SBI's credit growth is pegged at 6-7 per cent: MD Rajnish Kumar")
FY18 to clock 6.5% growth at most, says SBI research
The second quarter would also not give a good news for the Modi government
 "FY18 to clock 6.5% growth at most, says SBI research")
SBI waives off up to 100% processing fee on car, gold, personal loans
The bank has waived the entire processing fee on car loans till December 31, 2017
 "SBI waives off up to 100% processing fee on car, gold, personal loans")
Trend of softening interest rate is here to stay, says Rajnish Kumar
SBI recently sprang a surprise by reporting a sharp rise in retail loan slippages in the Q1 FY17
 "Trend of softening interest rate is here to stay, says Rajnish Kumar")
SBI's new CSR initiative to improve health, education, infra in 50 villages
The SBI Foundation will identify and partner with NGOs to carry out CSR initiatives
 "SBI's new CSR initiative to improve health, education, infra in 50 villages")
SBI has some more book cleaning to do
Higher slippages from retail, SME and agri portfolios disappoint Street
SBI plans to raise Rs 2,000 crore via Basel-III bonds
Bonds will carry a coupon rate of 8.15% pa call option after 5 yrs or anniversary date thereafter
 "SBI plans to raise Rs 2,000 crore via Basel-III bonds")
Arun Jaitley introduces bill to repeal SBI Subsidiary Banks Act
This was followed by the merger of five associates with parent SBI
 "Arun Jaitley introduces bill to repeal SBI Subsidiary Banks Act")
SBI reduces NEFT, RTGS charges up to 75% effective from July 15
Additionally, bank has also waived charges for fund transfer of upto Rs 1,000 done through IMPS
SBI to divest 80 million shares in SBI Life via IPO
Price to be fixed after talks with SBI Life, BNP Paribas Cardiff and lead managers
SBI Savings Account: Pay more for ATM withdrawal, cheque books, Buddy app
SBI Savings Account: Pay more for ATM withdrawal, cheque books, Buddy app
No assurance on write-offs due to merger, says SBI
SBI is in process of integrating merged entities' operations with its own to leverage cost
SBI allays fears of tightening screw against telecom sector, says it hasn't cancelled unused credit lines
Reserve Bank of India had recently asked banks to review their exposure to the debt-ridden sector
 "SBI allays fears of tightening screw against telecom sector, says it hasn't cancelled unused credit lines")
SBI picks BofA, Deutsche Bank for $2-bn offering
SBI seeks capital to bolster loan growth after reporting fourth-quarter profit more than doubled
SBI extends deadline for filing nomination for directors' post to May 29
Applications were supposed to close today; elections for the posts to take place on June 15
Subsidiaries drag SBI's Q4 profit
Standalone numbers were good on most fronts
SBI Q4 net more than doubles to Rs 2,815 cr as NPA situation eases
Bank had registered a standalone net profit of Rs 1,263 crore in the same period a year ago