SBI Launches SBI e Smart SME to offer Ecommerce Loan

India’s largest lender State Bank of India (SBI) has launched SBI e-Smart SME to provide a working capital loan for sellers on ecommerce platforms. It was launched by SBI in partnership with ecommerce platform Snapdeal in the presence of bank’s chairman Arundhati Bhattacharya and Snapdeal CEO Sri Kunal Bahl. About SBI e-Smart SME Sellers on ..

Month: Current Affairs - February, 2016

Topics: Banking • Current Affairs 2016 • E-commerce • SBI

SBI opens Japan Desk in New Delhi

India’s largest lender State Bank of India (SBI) has launched ‘Japan Desk’, a single window for inbound Japanese investments in India and vice-versa. This is a first-of-its-kind initiative that seeks to facilitate Japanese corporates looking to invest in India with banking and advisory services. Key facts This SBI Japan Desk will also serve as an ..

Month: Current Affairs - February, 2016

Topics: Banking • Business • Current Affairs 2016 • india-japan • Japan Desk • SBI

SBI Launches First Dedicated Branch For Startups – SBI InCube

India’s largest lender, State Bank of India (SBI) has launched dedicated specialized branch for start-ups called ‘SBI InCube’ in Bengaluru, Karnataka. It was announced by BI Chairman Arundhati Bhattacharya in Bengaluru, Karnataka. SBI InCube The ‘SBI InCube’ branch will cater to the specific financial needs by providing advisory services to the budding entrepreneurs under one ..

Month: Current Affairs - January, 2016

Topics: Banking • Business • Current Affairs 2016 • Economy • SBI • SBI Exclusif • SBI InCube

RBI imposes Rs 1 crore fine on State Bank of Travancore

The Reserve Bank of India (RBI) has imposed a monetary penalty of one crore rupees on State Bank of Travancore, an SBI associate bank for violation of some of its instructions. The monetary penalty was imposed on State Bank of Travancore for violation of its instructions including reporting of data to Central Repository of Information ..

Month: Current Affairs - January, 2016

Topics: Banking • Current Affairs 2016 • Penalty • RBI • SBI

SBI launches mobile wallet app 'Buddy'

India’s largest banking entity State Bank of India (SBI) launched a Mobile wallet application dubbed as ‘SBI Buddy’. It was launched by Union Finance Minister Arun Jaitley at a function held at State Bank Bhavan, Nariman Point in Mumbai. SBI’s first female Chairperson Arundhati Bhattacharya was also present on the occasion. Key features of SBI ..

Month: Current Affairs - August, 2015

Topics: Banking • Current Affairs 2016 • E-governance • SBI