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Rs.15 lakh stolen from Shobha Karandlaje's account

Wednesday, February 13, 2019, 4:37 PM

BJP MP Shobha Karandlaje lost more than Rs.15 lakh from her salary account in State Bank of India (SBI) over the past months. Karandlaje learnt about the missing amount after she got her salary account entry book updated last week. Alleging that her account was hacked, the MP said she did not receive an SMS prompt for any transaction.
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NTPC signs pact with SBI for Rs 5K cr term loan

Monday, February 11, 2019, 5:47 PM

State-owned power giant NTPC said Monday that it has signed a term loan agreement for Rs.5,000 crore with SBI Monday. "The loan facility is extended at an interest rate linked to 3-Month MCLR of the Bank. This loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC," a company statement said.
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SBI reduces home loan interest rate by 5 basis points

Saturday, February 9, 2019, 9:14 AM

Within a day of RBI reducing repo rate by 25 basis points, the country's largest lender State Bank of India announced a cut in interest rates by 5 basis points on its home loans up to Rs 30 lakh. In it sixth bi-monthly monetary policy review announced Thursday, RBI had cut the repo rate by 25 basis points to 6.25 percent.

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