Setting the ball rolling for a fresh round of cut in interest rates, country's largest bank State Bank of India (SBI) on Saturday announced a 0.75 per cent cut in its prime lending rate which will be effective from January 1. SBI's PLR now stands reduced at 12.25 per cent, the bank said in a press release on Saturday.
PSU banks will offer special rates on some loans to homebuyers and small businesses.
http://www.ibnlive.com/news/staterun-banks-cut-rates-on-certain-loans/80590-7.html
PSU banks will offer special rates on some loans to homebuyers and small businesses.
http://www.ibnlive.com/news/home-loans-cheaper-as-psu-banks-cut-rates/80585-7.html
SBI eyes recruitment while global banks fight recession worries.
http://www.ibnlive.com/news/sbi-to-hire-20000-people--metlife-plans-expansion/78304-7.html
Low liquidity was a big issue in country's banking system.
http://www.ibnlive.com/news/sbi-cuts-lending-rate-plans-to-raise-funds/77559-7.html
His passbook showed his account balance as Rs 98,57,60,24,253.
http://www.ibnlive.com/news/teenager-becomes-instant-billionaire--for-a-while/72228-13.html
SBI will raise its prime lending rate by 100 basis points from Tuesday.
http://www.ibnlive.com/news/sbi-raises-lending-rate-by-100-bps/70921-7.html
Earlier SBI was the only bank that was managing provident funds.
http://www.ibnlive.com/news/reliance-cap-icici-prudential-hsbc-to-manage-pf/69862-7.html
State Bank of India announced loan waivers amounting to Rs 7000 crore on Monday.
http://www.ibnlive.com/news/sbi-announces-loan-waiver-25-lakh-farmers-to-benefit/68039-7.html
The SBI got foxed by an online form filled up by pranksters.
http://www.ibnlive.com/news/sbi-calls-mahatma-gandhi-for-preexam-training/67702-3.html
Interest rates on fixed deposits have been raised from 35 to 50 basis points.
http://www.ibnlive.com/news/sbi-increases-interest-rates-on-domestic-term-deposit/66045-7.html
For a second time in 10 days, SBI has slashed PLR by 0.25 per cent.
http://www.ibnlive.com/news/fresh-rate-cut-by-sbi-to-make-loans-cheaper/59480-15.html
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