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The country’s largest lender SBI wrote off bad loans worth ₹20,339 crore in 2016-17, the highest among all the public sector banks which had a collective write-off of ₹81,683 crore for the fiscal. The data pertains to the period when the.

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State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in.

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Loans between Rs 30 lakh to Rs 75 lakh will be available at. and gradually percolated down to all the banks in the system including the largest lender SBI.

Business Standard reported that state owned Power Grid Corp has entered into an agreement with State Bank of India for INR 5,000 crore term loan for meeting its capital expenditure. In a BSE filing it said the company has entered into a.

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HYDERABAD: The Central Bureau of Investigation has registered a case against the chairman and managing director of a city-based private company and eight others, for cheating the State Bank of India of nearly `65.39 crore. CBI on.

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The police in neighbouring Hanumangarh, Rajasthan, today claimed to have nabbed Kalu Ram of Fatehgarh and Manga Singh of Ramsara village. They are considered to be the masterminds in the racket in which the State Bank of India.

State Bank of Travancore (SBT) is a subsidiary bank of State Bank of India. It was founded in the year of 1945. Also know about its banking products and services, loans scheme, customer care number and more.

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Term Loan. A term loan is a simply a loan that is given for a fixed duration of time and must be repaid in regular instalments. These loans usually extended for a longer duration of time which may range from 1 year to 10 or 30 years.

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Financial Services covers the functioning of Banks, Financial Institutions, Insurance Companies and the National Pension System

New Delhi: The country’s largest lender SBI wrote off bad loans worth Rs 20,339 crore in 2016-17, the highest among all.

DAVOS, Switzerland (Reuters) – Demand for loans from Indian companies is still muted but should increase following more government spending on infrastructure projects, the head of the country’s largest state-owned bank said on.

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If you take a SBI Home Loan, the property is hypothecated to the bank and the property documents are kept with them till the time you pay back the complete amount.

To cash in on the festive fervour, banks including SBI and ICICI have unveiled a host of benefits such as reduction in rates, waiver of processing fee and overdraft facility. SBI has further slashed interest rates by 0.15 per cent for its home loans.

To avail SBI Business Loan, the bank provides the loan to SMEs under various schemes. Know SBI SME interest rates, eligibility, and calculate the EMI at Wishfin.

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The fund, which is a joint venture between largest lender SBI and UK’s Department for International Development. Auxilo Finserve aims to disburse Rs 100 cr of education loan * Education loans focused non-bank lender Auxilo Finserve.

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Last week, SBI increased 2-10 year retail term deposit rates by 10-25 bps due to tight liquidity (shortage of cash) in the banking system. This was the second hike in deposit rate in the past one month.

BERHAMPUR: A day after SBI’s Soroda branch manager was arrested for crop loan fraud in Buguda, similar fresh charges were slapped on him on Friday. The accused was identified as 59-year-old Nimrad Nayak. While he was the.

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DAVOS, Switzerland (Reuters) – Demand for loans from Indian companies is still muted but should increase following more government spending on infrastructure projects, the head of the country’s largest state-owned bank said on.

So far, SBI has set up 60 such branches in the country. The aim of these branches is to use data analytics to enable instant loan approvals and give investment.

MUMBAI (Reuters) – State Bank of India, the nation’s top lender by assets, reported a surprise third-quarter net loss on higher bad-loan provisions and lower trading income, but it said it expected an improvement in performance in the next.

The amount was part of the 40 thousand crore rupee loan that Videocon group secured from a consortium of 20 banks led by SBI. However, the preliminary.