Eight of top 10 firms lose ₹2.28 lakh crore in mcap; HDFC Bank, Reliance biggest laggards

<ul><li>From the top-10 pack, Reliance Industries, HDFC Bank, ICICI Bank, Infosys, ITC, State Bank of India, Bharti Airtel and Bajaj Finance were the laggards while Tata Consultancy Services (TCS) and Hindustan Unilever were the gainers.</li></ul>

SBI introduces digital service enabling NRIs to open accounts via the YONO app. Details here

SBI launches digital service allowing NRIs to open NRE and NRO accounts through YONO app, aiming to attract new customers.

Concerned about missing your EMI? SBI could send you chocolates as a reminder

SBI is offering a pack of chocolates to borrowers at risk of defaulting on their loans. The bank is conducting surprise home visits in an effort to encourage on-time repayments. The initiative is being implemented due to the growing volume of retail lending and rising delinquency rates.

SBI bank customer reports ₹23K deduction for insurance. This is what the bank says

Misrepresentation of insurance policies and certain investment products like ULIPs and mutual funds has become a widespread occurrence in numerous banks.

Home Loans: SBI rolls out special campaign to offer concessional interest rates. Details here

The concessional rates will be given when home loans are procured in the current calendar year. The special campaign is offering a discount of up to 65 basis points

Investors in distressed funds show interest in buying SBI’s bad loans: Report

Investors that have expressed interest include New York­based Cerberus Capital Management LP, Hong Kong-­headquartered SC Lowy, and Avenue Capital Group LLC ­backed Asset Reconstruction Company (India).

₹330 deducted from your SBI savings account? This could be the reason.

There is no compulsion to be a part of the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) scheme. To avoid further deduction of ₹330 from your SBI savings account, you must visit the nearest branch and submit a formal application to cease your enrollment in the scheme.

SBI Amrit Kalash Scheme extended up to the last date of this year. Details here

The SBI Amrit Kalash scheme provides a 7.1 per cent interest rate for standard customers, while senior citizens qualify for an extra 0.5 per cent interest.

Mcap of seven of top 10 firms falls by ₹74,603 crore; HDFC Bank biggest laggard

<ul><li>ICICI Bank, Hindustan Unilever, Infosys and ITC saw erosion in their market valuation while Reliance Industries, Tata Consultancy Services (TCS) and State Bank of India added to their market valuation.</li></ul>

SBI posts record profit for the 4th straight quarter in Q1 but margins a miss: What should you do?

Most brokerages remain optimistic about the long-term prospects of SBI and reiterated their ‘buy’ calls on the stock with target prices in the range of ₹700-770 per share, indicating an upside of up to 34 percent.

Top Sbi News

markets

Eight of top 10 firms lose ₹2.28 lakh crore in mcap; HDFC Bank, Reliance biggest laggards

personal finance

SBI introduces digital service enabling NRIs to open accounts via the YONO app. Details here

personal finance

Concerned about missing your EMI? SBI could send you chocolates as a reminder

personal finance

SBI bank customer reports ₹23K deduction for insurance. This is what the bank says