Category: State Bank of India

Bank Holidays in April 2024: All banks in India, including the State Bank of India (SBI) will be open today on April 13, Saturday. Banks in the country are shut every second and fourth Saturday of the month. Only bank branches in Tripura will be shut for the Garia Puja festival today.

Bank holidays on SaturdayBanks’ branches in Tripura will be shut on April 20 for the Garia Puja festival.

Banks will be closed on the…
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Source: https://www.livemint.com/industry/banking/saturday-bank-holiday-are-banks-closed-today-april-20-check-details-here-sbi-hdfc-icici-tripura-garia-puja/amp-11713573724711.html

Bank FD Interest Rates 2024: A comparison of fixed deposits (FD) interest rates offered by State Bank of India (SBI), HDFC Bank and ICICI Bank on deposits below Rs 2 crore.

Bank FD Interest Rates (Pic: Pixabay)

New Delhi: Several banks have revised their Fixed Deposit (FD) interest rates from April 2024 even as the Reserve Bank of India has kept the policy/repo rates unchanged since February 2023. Let’s have a look at the current fixed deposit (FD) interest rates of HDFC Bank, ICICI Bank and State Bank of India
Let’s see which bank gives the highest FD rates?
SBI Interest Rates on FD
SBI,…
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Source: https://www.news9live.com/business/personal-finance/bank-fd-interest-rates-what-sbi-hdfc-bank-icici-bank-are-offering-2505148/amp

The new paper delivers insights from SBI’s B2B buyer survey to identify what causes buying friction and how to overcome it.SOUTHLAKE, Texas, April 19, 2024 /PRNewswire/ — SBI, the go-to-market (GTM) growth advisory, is pleased to announce the latest expansion to its research on commercial productivity with a report titled: Revive Commercial Productivity by Easing Buying Friction.Key Findings:

Percent of Buyers Agreeing with Aspects of Executive Involvement. May be used with credit to SBI, the Growth Advisory, 2024 Buyer Survey

Executives are more involved in purchase decisions with 78% of buyers saying their decisions were often overruled by senior…
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Source: https://www.prnewswire.com/news-releases/sbis-newest-report-expands-on-resources-to-drive-commercial-productivity-302122329.html

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Source: https://www.equitypandit.com/sbi-outlook-for-the-week-april-22-2024-april-26-2024/

IndiaRising:  Indian banks have emerged as standout performers in the Asia-Pacific region, showcasing impressive growth and resilience in recent years. In 2023, three Indian lenders secured positions in the top 50 banks by assets, marking a notable increase from two in the previous year.The aggregate assets of these Indian lenders witnessed a remarkable surge of 50.5 per cent to reach $1.510 trillion in 2023. This significant growth was largely driven by the merger of HDFC Bank Ltd. with its parent company, Housing Development Finance Corp. Ltd., in July 2022. Following the merger, HDFC Bank’s assets soared by 51.3 per cent to $466.35 billion, propelling the bank up 13 places to rank…
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Source: https://www.republicworld.com/economy/banking-finance/sbi-hdfc-icici-bank-among-top-50-asia-pacific-banks-by-asset-value/?amp=1

New Delhi: Three Indian banks – State Bank of India, HDFC Bank and ICICI Bank – with a combined asset of $1.51 trillion, made it to the list of top 50 banks by assets in the Asia-Pacific region in 2023, as per a report released by S&P Global on Thursday.ICICI Bank is a new entrant in the top 50 Asia-Pacific lender list. In 2022, only two Indian banks – SBI and HDFC Bank – were part of it.HDFC Bank’s ranking in the list jumped from 46 in 2022 to 33 in 2023. This is largely due to a sharp increase in the company’s assets following its merger with parent company Housing Development Finance Corporation (HDFC). HDFC Bank’s valuation jumped to $464.34 billion in 2023, over 51 per…
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Source: https://www.deccanherald.com/business/companies/three-indian-banks-in-top-50-lenders-in-asia-pacific-by-assets-2984574

Mumbai: Holders of State Bank of India’s National Common Mobility Card, which is used for fare payment in public transport, can now recharge them on popular payment apps with SBI onboarding these instruments onto Bharat BillPay platform. The introduction of the NCMC recharge biller category will facilitate customers to recharge or top-up their NCMC cards online. The category is already live with SBI NCMC cards for Noida Metro, Nagpur Metro, MMRDA Line 2A & 7, Chennai Metro, Kanpur Metro, and Parliament Canteen via the bank’s Bharat BillPay-enabled application,ExpandCustomers can top-up their NCMC cards online for a maximum amount of Rs 10,000. Bharat BillPay-enabled platforms support…
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Source: https://timesofindia.indiatimes.com/business/india-business/sbi-transit-cards-can-be-recharged-online-through-bharat-billpay/amp_articleshow/109409493.cms

NPCI Bharat BillPay Ltd. (NBBL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), in association with State Bank of India (SBI), has onboarded SBI National Common Mobility Card (NCMC) on its Bharat BillPay platform for the convenience of travellers.The category is already live with SBI NCMC cards for Noida Metro, Nagpur Metro, MMRDA Line 2A & 7, Chennai Metro, Kanpur Metro, and Parliament Canteen via the bank’s Bharat BillPay-enabled application, SBI Unipay, and more platforms will go live with the service soon, NBBL said in a statement.The introduction of NCMC Recharge as a biller category will enable customers to recharge/top-up their cards online,…
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Source: https://www.thehindu.com/business/npci-arm-sbi-introduce-ncmc-recharge-on-bharat-billpay/article68080387.ece/amp/