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The opportunity to create wealth

have to make investors realise that by not investing in mutual funds they lose an opportunity of creating wealth over a long time, says Deepak Kumar Chatterjee of SBI Mutual Fund...
Source : Valueresearchonline |
Category : Others

SBI Mutual Fund announces dividend under Its schemes

SBI Mutual Fund has announced dividend under SBI Dynamic Bond Fund and SBI Magnum Income Fund, for which the record date is January...
Source : Moneycontrol |
Category : Mutual Fund

SBI Associates Surge on Merger Buzz

associate banks of SBI surged as much as 18 per cent on Wednesday after a news report said India's biggest lender is planning to merge its five associate banks with itself.SBI Chairman Arundhati Bhattacharya was quoted by the news report saying that "the timing is very conducive now" to look merging the associate banks.The combination of the associates will enhance the asset base of SBI to Rs 21.9...
Source : Ndtv |
Category : Others

Merinews Picks

the first time, SBI has sold bad loans to Asset Reconstruction Companies (ARC)Based onThe recent news report says that faced with unprecedented levels of stressed assets (also known as NPAs or non performing assets), banks led by the country’s largest lender SBI sold over Rs.10,000 crore of bad loans to asset reconstruction companies (ARC) in March alone. SBI which had reported 5.73 per cent NPAs in...
Source : Merinews |
Category : NRI

SBI Mutual Fund announces change in exit load

SBI Mutual Fund has announced change in exit load under SBI Treasury Advantage Fund, with effect from December 13, 2013...
Source : Moneycontrol |
Category : Mutual Fund

SBI General registers Rs. 1188 Crore premium during FY’14

2014.During the last FY SBI General generated 65% of its business from the Retail segment.SBI General Insurance Company Limited (SBI General), the general insurance arm of(SBI), has successfully achieved Premium Income of Rs. 1, 188 Crores during the FY 2013-143, registering an impressive 54% growth.Sharing the Financial year performance, Bhaskar J Sarma, MD & CEO of SBI General Insurance said, “We...
Source : Indiainfoline |
Category : Business

SBI, HDFC slash home loan rates

biggest housing financiers SBI and HDFC today cut home loan rates by up to 0.4 per cent for new borrowers, a day after the Reserve Bank kept its key policy rates on hold.Women borrowers would get an additional 0.05 per cent concession on card rates, SBI, country's biggest lender, said in a statement.SBI home loans will now be available under two slabs-- under Rs 75 lakh and above Rs 75 lakh.SBI loans...
Source : Ndtv |
Category : Others | City : New Delhi

Avis India, SBI Card offer 20% discount on car bookings

unique association with Avis India will enable SBI Card customers to plan their next adventure with comfort and luxuryAvis India has tied up with SBI Card to give a flat 20% discount to customers using a SBI Card for bookings with Avis India. Ideal for holidays and weekend travel, this exclusive offer will be available till March 2014 for all the customers of Avis India who have a SBI Card, across...
Source : Indiainfoline |
Category : Business

Faster Japan Trading Predicted by Broker Girding for Shift

cookies.SBI Securities Co., Japan’s largestonline broker, upgraded its technology in anticipation of fastertrading speeds in the world’s second-biggest equity market.SBI purchased a high-speed data feed this month fromMarketPrizm, said Yoshitaka Kitao, president and chief executiveofficer of Tokyo-based parent company SBI Holdings Inc. Thiswill let SBI customers get pricing information and executetrades...
Source : Bloomberg |
Category : Science N Technology

Technology is now a given: A. Krishna Kumar

Krishna Kumar, Managing Director and Group Executive (National Banking), State Bank of India, shares with Vijay Pandya the transformation of Indian PSU banking sector as reflected in the SBI sagaHow has the Indian banking sector and particularly SBI transformed itself over the past few decades?One of the big positives for SBI has been the legacy, being a bank since 1806 in different avatars. SBI has...
Source : DNA |
Category : National
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