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18 September, 2018 2:51 PM State Bank of India to install solar panels over 10,000 ATMs in 2 years

In a step towards becoming carbon neutral, country's largest lender State Bank of India (SBI) is looking to install solar panels over around 10,000 ATMs across the country in the next two years, a senior official said. Currently, nearly 1,200 of the bank's ATMs are running on solar power. "We are going to take this number to up to 10,000 ATMs in the next two years 79

18 September, 2018 12:02 PM Sensex crashes nearly 300 points, Nifty slips below 11,300

New Delhi: Stock market crashed on Tuesday amid choppy trade and negative global cues following reports of fresh US tariffs announced on Chinese imports. The BSE Sensex fell 294.84 points to 37,290.67. The NSE Nifty went down by 98.85 points to 11,278.90. Among the sectors, banking stocks witnessed heavy selling pressure, a day after the government proposed 126

18 September, 2018 4:42 AM SBI to sell 8 NPAs to recover dues worth over Rs 3,900 cr

The country's largest lender State Bank of India will sell eight non-performing assets to recover dues worth over Rs 3,900 crore and has invited bids from asset reconstruction companies (ARCs) and financial institutions (FIs). "In terms of the bank's revised policy on sale of financial assets in line with the regulatory guidelines, we place these accounts 68

17 September, 2018 1:32 PM Dena Bank, Vijaya Bank and Bank of Baroda to be merged

The announcement comes from Financial Services Secretary Rajiv Kumar during a press conference with FM Arun Jaitley on the status of the country's economy. New Delhi: The government on Monday decided to merge three state-run banks - Dena Bank, Vijaya Bank and Bank of Baroda. This merger will create the third largest bank in the country. The announcement 159

17 September, 2018 10:36 AM Sensex crashes over 500 points, Nifty slips below 10,400

New Delhi: Stock markets extended sharp fall by crashing more than 1 percent on Monday amidst negative global cues as investors cashed profits in banking, consumer durables, oil & gas and PSU stocks. The BSE Sensex, fell 505.13 points or 1.33 percent to close at 37,585.51. The wider NSE Nifty50 also dropped 137.45 points or 1.19 percent to 11,377.75. Globally 122

14 September, 2018 3:43 PM SBI Instant Money Transfer Facility: Features, Service Charges, Transaction Limits

SBI or State Bank of India offers a facility of instant money transfer (IMT) via which you can transfer money instantly. If you want to make instant transfers across distances, SBI has an instant solution. SBI or State Bank of India, the largest lender of the country with 22,500 branches in India and 59,000 ATMs offers a facility of instant money transfer 48

13 September, 2018 6:34 AM Fuel prices keep climbing: Petrol touches Rs 88.39 in Mumbai, Rs 81 in Delhi

MUMBAI/NEW DELHI: A day after unchanged rates, fuel prices once again witnessed a rise with petrol touching Rs 88.39/litre in Mumbai, up by Rs 0.13/litre, on Thursday. In the national capital, petrol reached Rs 81.00/litre, up by Rs 0.13 litre. Diesel prices too reached new heights with an increase by Rs 0.11/litre. In Delhi, diesel was being sold at Rs 73.08/litre 193

12 September, 2018 8:12 AM Digital Savings Accounts: SBI Vs India Post Payments Bank Vs Axis Bank

Zero Balance Digital Accounts: If you want to open a new bank account within minutes, you may consider opening instant digital accounts with banks. If you want to open a new bank account within minutes, you may consider opening instant digital accounts with leading banks. Many banks, these days, offer the facility of instant digital accounts. Usually 97

9 September, 2018 10:48 AM Recurring Deposit Interest Rates: SBI Vs HDFC Bank Vs ICICI Bank Vs Yes Bank

Recurring deposit (RD) is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income. Recurring deposit interest rates, once determined, do not change during the tenure. In fact, the Reserve Bank of India ensures that strict guidelines are followed by banks. On maturity, the depositor is paid a lump-sum 79

6 September, 2018 4:07 PM Anshula Kant Appointed As Managing Director Of SBI

New Delhi: Anshula Kant was on Thursday appointed as the Managing Director of State Bank of India (SBI), an official order said. She is at present the Deputy MD in the bank. The Appointments Committee of the Cabinet approved the appointment of Kant as the Managing Director (MD), SBI till the date of her superannuation i.e. September 30, 2020, the order 101