SBI Current Affairs - 2019

Category Wise PDF Compilations available at This Link

SBI launches Tab banking facilities for Savings a/c, Housing Loan and e-KYC

For the convenience of its customers, SBI has launched 3 digital banking facilities. These are: 1) TAB Banking for Savings a/c– Opening Savings a/c at Customer’s door step using tablet PC provided to the Bank’s Sales Staff (who visit the Customer’s home). These a/c opening details and docs collected by the bank’s sales staff will be loaded on Read More…

Month:  Categories: Business, Economy & Banking

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SBI Life Insurance to appeal against the order of IRDA to refund Rs.275 crore

The Private sector life insurer, SBI Life Insurance would appeal against the order of Insurance Regulatory and Development Authority (IRDA) to refund Rs.275 crore to the policy holders of Dhanaraksha Plus Limited Premium Paying Term (LPPT), a group insurance policy. Why IRDA directed SBI Life Insurance to refund Rs.275.29 crore to policy holders within six Read More…

Month:  Categories: Business, Economy & Banking

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RBI extends deadline to issue inflation-indexed bonds

The Reserve Bank of India (RBI) extended the time for issuance of Inflation Indexed National Savings Securities Cumulative (IINSS-C) bonds (or inflation linked bonds) by three months to March 31, 2014, from December 31, 2013. The issuance can be closed earlier than March 31, 2014 with a prior notice. Why RBI extended the deadline to Read More…

Month:  Categories: Business, Economy & BankingReports & Indices

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Mr. Pradeep Kumar: New MD (Corporate Banking) of SBI

The Country’s biggest lender, State Bank of India (SBI) appointed Mr. P.Pradeep Kumar as its Managing Director and group executive in charge of corporate banking. The seat was lying vacant as of Ms. Arundhati Bhattarcharya became the Chairman of SBI in October 2013. Previously, Mr. Kumar was the deputy managing director and group executive of Read More…

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SBI to act as lead bank for four newly-formed Meghalaya districts

The Reserve Bank of India (RBI) designated SBI to act as the lead bank in four newly constructed districts in Meghalaya. The central bank also assigned State Bank of India (SBI), the district working codes for the purpose of Basic Statistical Returns (BSR) reporting. The four new districts of Meghalaya are North Garo Hills, East Jaintia Read More…

Month:  Categories: Business, Economy & Banking

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RBI: Inflation linked bonds for sale from December 23, 2013

The Reserve Bank of India (RBI) will issue Inflation Indexed National Savings Securities Cumulative (IINSS-C) bonds (or inflation linked bonds) for retail investors by opening the subscription on December 23, 2013 and close it on December 31, 2013. Objective: The move will help to protect retail investors from price rise. The IINSS-C bonds will offer Read More…

Month:  Categories: Business, Economy & Banking

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IOC ranked No.1 on India’s Fortune 500 list

According to the latest annual list of Fortune 500 companies in India published by business magazine Fortune, state-run Indian Oil Corp (IOC) is country’s biggest company in terms of annual revenue, followed by Mukesh Ambani-led private sector giant Reliance Industries at the second place. Indian Oil Corp (IOC) was the biggest with annual revenue of Rs Read More…

Month:  Categories: Business, Economy & Banking

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