Topic: SBI
Hughes-ISRO satellite internet service
Hughes Communications India (HCI) and ISRO has jointly launched India’s first high-throughput satellite (HTS) broadband service. Key facts HCI – a joint venture company of US-based Hughes Network...
Forbes’ Global 2000 list of public companies
The 20th annual Forbes Global 2000 list of public companies was recently released. What is the list about? It is an annual ranking of the top 2000 public...
RBI List of Scheduled Banks – Update
The Reserve Bank of India (RBI) recently included Airtel Payment Bank in the second schedule of RBI Act, 1934. And HDFC, ICICI and SBI are to remain as...
Padmakumar M Nair named CEO of proposed bad bank
Padmakumar Madhavan Nair of State Bank of India has been appointed as the CEO of Bad Bank. The Bad Bank is a proposed entity of the National Asset...
SBI Payments launch of ‘RuPay SoftPoS’
National Payments Corporation of India (NPCI) in association with the SBI Payments have announce to launch the ‘RuPay SoftPoS’ for millions of Indian merchants. This technology will be...
Digital Payment Security Controls Direction
The RBI is to introduce digital payment security control directions for regulated entities to improve the security of digital payment channels and also to improve the consumer service....
PM SVANidhi Scheme: API Integration with SBI Portal
On October 7, 2020 Government of India launched the API (Application Programming Integration) between State Bank of India portal and PM SVANidhi Portal. Highlights In simple terms, action...
Reliance Industries at 96th rank in Fortune Global 500 list
Reliance Industries, headed by the Indian Billionaire Mukesh Ambani, has jumped 10 places to break into the world’s top 100 companies on the Fortune Global 500 list. Reliance...
SBI-IRCTC Credit Card Launched for Railway Users
The Railways and Commerce Minister Piyush Goyal has launched the SBI-IRCTC Credit Card that is aimed at the rail passengers and offers a bouquet of opportunities to them....
SBI to waive penalty for non-maintenance of AMB for all savings accounts
The Largest lender of India, State Bank of India (SBI) recently announced that the penalty charges for non-maintenance of average monthly balance (AMB) for all its savings bank...
Chalasani Venkat Nageswar appointed as Deputy managing director and CFO of SBI
State Bank of India recently announced that Chalasani Venkat Nageswar has been given additional charge of Deputy managing director and Chief financial officer (CFO) of the bank. He...