Kohima, Oct 25 : The State Bank of India (SBI) has launched an ambitious programme called 'Bank on Wheels' in Nagaland with the objective of providing banking services to un-banked blocks in the state.Briefing mediapersons at SBI Regional office, Dimapur, yesterday, SBI officials A K Das (AGM), David Kire, Chief Manager of SBI Lead Bank and T A P Paul (Manager RMME) said out of 196 villages with p...
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SBI/ICICI bank approved project.5 people from SBI booked here.Loans from SBI within'...
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Country's sixth largest asset manager SBI Mutual Fund's new fund offer (NFO) promising regular income on a minimum investment of Rs 5,000 will open on Monday.Leading...
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is necessary to maintain low cost of credit as high interest rate leads to low job creation, State Bank of India (SBI) Chairman Pratip Chaudhuri...
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decided to change the name of all schemes which are starting from Magnum, with effect from 25th April 2012. Now, the name of the schemes will start from the word SBI Magnum instead of Magnum only. Accordingly, the revised scheme names will be : SBI Magnum Balanced Fund, SBI Magnum Childrens Benefit Plan, SBI Magnum COMMA Fund, SBI Magnum Equity Fund, SBI Magnum Gilt Fund, SBI Magnum Global Fund, SBI...
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SBI Mutual Fund announces change in face value for its schemes (On Jan 13 , 2012)SBI Mutual Fund has decided to change the face value of SBI Magnum Insta Cash Fund, SBI Magnum Insta Cash Fund-Liquid Floater Plan, SBI Premier Liquid Fund & SBI Short Horizon Debt Fund-Ultra Short Term Fund. Accordingly, the face value has been raised from Rs.10 to Rs.1000 for all the plan / options under above mentioned...
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SBI Mutual Fund declares dividend under its two Fixed Maturity Plans (On Sep 23 , 2011)SBI Mutual Fund has declared dividend under its two fixed maturity plans namely, SBI Debt Fund Series-180 Days-18 and SBI Debt Fund Series-180 Days-21, on the face value of Rs.10 per unit. The quantum of dividend will be Rs. 0.2375 per unit for SBI Debt Fund Series-180 Days-18 and Rs. 0.0375 per unit for SBI Debt...
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(SBI) and the Reserve Bank of India (RBI) organized a 'coin mela' at SBI's treasury branch.Bags containing 100 coins in the denomination of 1, 2, 5 and 10 were given to the public in exchange for currency notes. A minimum of 100 was necessary to avail of a coin bag.S N Halder, chief manager, SBI Panaji treasury branch said a coin shortage and public requests led them to organize the coin mela.Speaking...
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(SBI), the lead lender to Kingfisher Airlines will not consider any fresh loans for the debt-laden carrier until it raises new equity itself, a senior executive of the state-owned bank said.SBI is studying a viability report prepared by its investment banking arm, SBI Capital Markets, and any decision on further lending to Kingfisher will be based on that as well as conditional on an infusion of funds...
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State Bank of India (SBI), the cash-strapped Kingfisher Airlines' largest creditor, on Thursday called the Vijay Mallya-led air-carrier a non-performing asset."Kingfisher is a NPA (non-performing asset) for us. They are in default," SBI Chairman Pratip Chaudhuri told reporters here.SBI, the leader of the consortium of banks that have lent funds to Kingfisher Airlines, has an exposure of Rs 1,457.78...
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