SBI Current Affairs - 2019

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SBI launches RuPay Platinum debit card

India’s largest lender State Bank of India (SBI) has launched a RuPay Platinum debit card in association with National Payment Corporation of India (NPCI). The card initially would be issued free to customers maintaining a quarterly balance of 50,000 rupees. For the convenience of customers, this card has a special feature which is accepted at Read More…

Month:  Categories: Business, Economy & Banking

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Six Indian women among Forbes’ 50 ‘Power Businesswomen’ 2015

Six Indian women entrepreneurs and businesswomen have been named by Forbes magazine as among the 50 ‘Power Businesswomen’ from Asia. Indians included in the list are Arundhati Bhattacharya- Chairperson of State Bank of India (SBI).  Forbes list referred her as the first lady of Indian banking and as chair of the Indian behemoth with 225 million Read More…

Month:  Categories: Business, Economy & Banking

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State Bank of India and Indian Army signs MoU on Defence Salary Package

State Bank of India (SBI) has signed a Memorandum of Understanding (MoU) with Indian Army on the Defence Salary Package (DSP). Signed MoU is revised version of the first MoU which was signed on DSP between two parties in 2011 and was valid for a period of three years. The revised MoU meets the requirements of serving Read More…

Month:  Categories: Business, Economy & Banking

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RBI to designated six bas as Systemically Important Banks (SIBs)

The Reserve Bank of India will designate at least six banks as Systemically Important Banks (SIBs), for the domestic financial market which will need to have higher capital than other banks to prevent the financial system from collapsing in the event of a crisis. The central bank would now work on identifying these banks which Read More…

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54 Indian companies among Forbes ‘Global 2000’

In the latest released Forbes ‘Global 2000’ list, Mukesh Ambani-led Reliance Industries leads the set of 54 Indian companies in the annual list of the world’s 2000 largest and most powerful public companies. The top three positions of the list is occupied by the Chinese companies. The Forbes ‘Global 2000’ is a comprehensive list of the Read More…

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RuPay, India’s indigenous card payment network launched

Rupay, India’s own payment gateway was launched to compete with networks such as Visa and Mastercard. The indigenous network will work on ATMs and merchant outlets and help in bringing down cash transactions. The RuPay is a blend of two terms — ‘Rupee’ and ‘Payment’. It has been developed by the National Payments Corporation of Read More…

Month:  Categories: Business, Economy & Banking

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State Bank of India launches a Twitter Handle

State Bank of India has now launched a Twitter Handle. Earlier, SBI had launched its accounts on Facebook and Youtube. The aim is to target a huge customer base as well as potential customers. There will be all day round tweets about the SBI’s products, services, new products launched, banking related education to customers, etc. Read More…

Month:  Categories: Business, Economy & Banking

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