Tag Archives: SBI

KKR, Temasek, CPPIB’s eyes at SBI General Insurance 4% stake sell

SBI General Insurance Co. is all set to put its 4% stake on sell and this has drawn interest from three major global private equity investors – KKR, Singapore’s Temasek Holdings Pvt. Ltd., and Canada Pension Plan Investment Board (CPPIB). Reportedly, a source said that all the above firms have expressed their initial interest towards […]

Banks collect Rs.5000 Crores in FY 2017-18 for minimum balance penalties

According to the banking data, 21 public sector banks and three major private sector banks have collected around Rs.5000 crores as minimum balance penalty from customers for the financial year 2017-18. Of which, State Bank of India has accounted for more than half of penalty amount of Rs.2434 crore. Top five banks in the list […]

Banks and Financial Institutions Signed Inter Creditor Agreement

Bank and financial institutions including 22 public & 19 private sector banks, 32 overseas banks, and 12 major financial institutions signed the inter-creditor agreement (ICA) on Monday aimed to speed up the resolution of stressed assets of Rs. 50 crores or more which are under consortium lending. The major banks and financial institutions in the […]

SBI Recruitment of Specialist Cadre Officers – SBI Specialist Officer | SBI Recruitment

State Bank of India (SBI) on Tuesday released a notification for Specialist Officers Recruitment 2018. SBI invites online application from eligible candidates for the appointment of Specialist Cadre Officers. The recruitment will be done on regular as well as contract basis. Applicants can apply for SBI SO from 20th March to 7th April 2018. Hence, […]