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  • Around 256000 SBI employees to donate two days’ salary to fight the coronavirus pandemic

    Around 256000 SBI employees to donate two days’ salary to fight the coronavirus pandemic0

    Meerut: In the fight against COVID-19, around 2,56,000 employees of the country’s largest lender, State Bank of India (SBI) have decided to contribute two days’ salary to the Prime Minister’s National Relief Fund. With this collective effort and commitment of SBI employees, Rs.100 crore will be donated to the PM CARES Fund which is created

  • SBI will grant special loan to corona hit borrowers0

    Mumbai: The country’s largest state-run State Bank of India (SBI) has prepared a scheme for additional funding to businessmen affected by the corona virus. The Covid-19 Emergency Credit Line (CECL) will remain in force till June 30 and will be equivalent to 10% of the capital limit. Under this, a maximum loan of 200 crores

  • Maharashtra government shifted account from Axis to SBI0

    Mumbai: In a major step, the Shiv Sena-led government in Maharashtra closed its account with Axis Bank on Wednesday. The government closed the account at Axis and shifted it to SBI. The state government’s National Cyclone Risk Mitigation Projects bank account was with Axis Bank and now it has been transferred to SBI. The Maharashtra

  • SBI removes minimum balance requirement on savings account0

    The State Bank of India on Wednesday announced the elimination of the minimum balance requirement in savings accounts. The bank has said that now there is no need for all savings account holders to keep minimum balance in their account. Along with this, SBI reduced the annual interest rate on savings accounts to three percent.

  • SBI Chairman launches ‘Sahyog and Sampark’ programme for SMEs in Meerut0

    Distributed 59 loan sanction letters to SMEs and MSMEs amounting to Rs. 14.54 croreMeerut : Mr. Rajnish Kumar, Chairman of India’s largest commercial bank State Bank of India (SBI) visited Meerut to launch ‘Sahyog and Sampark’, a 100 days campaign for SMEs and MSMEs based in the region. Mr. Kumar also distributed loan sanction letters of

  • SBI Chairman Inaugurates SME branch in Partapur Industrial Estate0

    Chairman of SBI comes to his hometown to inaugurate the SME branch in the city and undertake various noble activities for the residents of Meerut Meerut : Rajnish Kumar, Chairman of country’s largest lender State Bank of India visited his hometown today and inaugurated a few developmental initiatives contributing towards welfare of the society. The