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Page-2 of Topic: State Bank of India

Challa Sreenivasulu Setty appointed as MD of SBI

Challa Sreenivasulu Setty, who is currently serving as the Deputy managing director of the country’s largest lender, has been appointed as the managing director of the State bank...

January 21, 2020

MD & CEO of BOI, Canara, and BOB Appointed

As per an order issued on Monday, 20th January 2020 by the Ministry of Personnel, Sanjiv Chadha, who was serving as the Deputy Managing Director in the State...

January 21, 2020

MoU for Doorstep Banking signed between SCR and SBI

The South Central Railways (SCR) zone of the Indian Railways has signed a Memorandum of Understanding (MoU) and State Bank of India(SBI) for providing doorstep banking services in...

January 15, 2020

India secures loan from Germany to develop an energy-efficient housing programme

India has secured a US 277 million (about Rs.1,900 crore) loan from Germany to establish an energy-efficient housing programme in the country. The loan agreement was signed between...

December 17, 2019

NTPC signs term loan of Rs 5000 crore with SBI

The largest power company of India, National Thermal Power Corporation (NTPC) Limited has signed a term loan agreement of Rs 5000 crore with the country’s largest lender, the...

December 9, 2019

Reliance Industries Limited (RIL) First Indian Company to exceed Rs 10 Lakh Crore M-cap

The largest publicly traded multinational conglomerate company in India in terms of market capitalization(m-cap), Reliance Industries Limited (RIL) became the first Indian company to cross Rs 10 Lakh...

November 29, 2019

U GRO ink loan co-origination agreement with SBI

U GRO Capital has entered into a Small and Medium Enterprises (SME) loan co-origination agreement with the country’s largest lender State Bank of India (SBI) to increase loan...

November 28, 2019

Rajnish Kumar appointed as new chairman of Indian Banks’ Association

SBI chairman Rajnish Kumar has been appointed as the new chairman of Indian Banks’ Association (IBA) for 2019-20. He succeeded Sunil Mehta, who was the MD & CEO...

October 21, 2019

SBI becomes first Indian bank to have office in Australia’s Victoria

The State Bank of India (SBI) has opened its Melbourne office & became the first Indian bank to have a branch in the Australian state of Victoria. The...

October 2, 2019

History of Banking in India

What are the ancient proofs of presence of banking system? Traces of information regarding existing of banking and financial system are found in India right from Vedic era...

September 28, 2019

Employees’ State Insurance Corporation (ESIC) tiews up with SBI for DBT facility

The Employees’ State Insurance Corporation (ESIC) has partnered with State Bank of India (SBI) for direct transfer of benefits electronically into bank accounts of all stakeholders. As per...

September 5, 2019

Merger of Public Sector Banks

The government has unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders. Proposed Merger Punjab National...

August 31, 2019

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