In a statement, SBI said that customers would get an interest concession of 20 bps inspite of 10 bps earlier. Additional, 5 bps concession for using YONO app will be given, it said.
A total of 92 Vacancies have been notified under for various posts of Specialist Cadre Officer and Post Doctoral Research Fellow (CRPD/SCO/2020-21/24).
The development came a day after announcing that US technology investor Silver Lake will invest Rs 7,500 crore in Reliance Retail Ventures.
SBI Life's assets under management grew 14 per cent to Rs 1.6 lakh crore last fiscal from Rs 1.41 lakh crore in 2018-19 with a debt-equity mix of 79:21.
The revised fiscal deficit will be at 5.7 per cent of GDP and after taking into account only the current extra-budgetary resources (EBR), the deficit rises to 6.6 per cent of GDP.
Kumar said SBI has been approached by many potential co-investors who saw an opportunity in Yes Bank and initial discussion have been held.
The heightened tensions sent investors scurrying for the safety of gold, which hit a near seven-year high, while oil jumped to four-month peak.
Come January 1, 2020, the country’s largest public lender, State Bank of India (SBI) will introduce one-time password (OTP) based cash withdrawal from all SBI ATMs in the country.
MSCI's broadest index of Asia Pacific shares outside Japan was up by 0.55 per cent while Japan's Nikkei lay flat. Japan has approved a record budget for the coming fiscal year in a bid to shore up growth.
State Bank of India gained by 2.9 per cent to trade at Rs 314.90 per share while ICICI Bank and Kotak Mahindra Bank were up by 0.8 per cent each. The other prominent gainers included Bharti Infratel, Bharti Airtel, Maruti, Tata Steel and Hindustan Lever.
