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SBI may block your netbanking services from December 1

Friday, November 30, 2018, 8:46 AM

Some customers of SBI, country's largest public lender, will not be able to access internet-banking facility if they do not link their mobile number with their respective accounts. Customers who fail to register their mobile number with the bank will lose access to internet banking services from December-1, 2018. Non-internet banking customers can visit the nearest SBI branch to register their respective mobile number.
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Indian norms on PCA, capital are conservative, rule-based: SBI report

Thursday, November 8, 2018, 8:20 AM

Indian regulations on capital requirements, provisioning for sour assets and prompt corrective action (PCA) restricting regular activities by lenders are conservative and rule-based, SBI's research wing has said in a report. It did not call for any relook in the report which comes amid a heated debate between the Government and RBI over such aspects. RBI has asked banks to keep capital at 9%.
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NBFCs liquidity situation has improved: SBIs Rajnish Kumar

Tuesday, November 6, 2018, 12:34 PM

The liquidity situation of non-banking financial companies (NBFC) has improved over the past three weeks, State Bank of India (SBI) chairman Rajnish Kumar said on Monday. Kumar said he sees no systemic risk at the moment. I dont see a systemic risk and whatever are the issues being faced by the NBFC sector are all very well known.

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