SBI

Auto, gold, personal and home loans on offer by SBI at attractive rates
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Business, Personal Finance, , ,

Auto, gold, personal and home loans on offer by SBI at attractive rates

In a good news for lakhs of people, the State Bank of India (SBI) has announced several attractive offers for its retail customers. The offers announced by SBI, which is India's largest commercial bank, includes 100 per cent waiver on the processing fee for home loan, auto, gold and personal loans.  The SBI has announced that in the auto loan segment, the bank will give 100 per cent finance to the car loan applicants. The SBI festival 2020 offer gives flexibility in gold loan repayment too. The important…
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SBI home loan borrowers can avail this offer to pay lower EMIs
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Business, Personal Finance, ,

SBI home loan borrowers can avail this offer to pay lower EMIs

In what could bring relief to lakhs of State Bank of India (SBI) customers, the PSU Bank is offering option to its existing home loan borrowers to switch over to EBR stands for External Benchmark Rate from the existing MCLR based loans. By paying a one time switchover fee plus GST, SBI home loan borrowers can avail the above option on lower interest rates. Additionally, women loan borrowers will get an a special discount of 0.05 percent on interest rates. What is EBLR? Is it a new…
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SBI SO Recruitment 2020: Over 400 vacancies announced; check job details, last date of application
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Business, Companies, ,

SBI SO Recruitment 2020: Over 400 vacancies announced; check job details, last date of application

State Bank of India has announced notifications for the recruitment of specialist cadre officers on both regular and contract basis. SBI has announced more than 400 vacancies for various posts inviting online application before July 13. Eligible candidates can apply by going to the SBI website at sbi.co.in/careers. Here are the details of posts announced by SBI under different advertisement numbers Product Manager: Total post 6 Manager (Data Analyst): Total post 2 Manager (Digital Marketing): Total post 1 SME Credit Analyst: Total post 20 Faculty, SBIL, Kolkata:…
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SBI looking for CFO, annual package up to Rs 1 crore, three times more than bank Chairman’s CTC
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Business, Companies

SBI looking for CFO, annual package up to Rs 1 crore, three times more than bank Chairman’s CTC

The country's largest lender State Bank of India (SBI) has invited applications from candidates for the post of Chief Financial Officer (CFO) offering upto Rs 1 crore annual package, three times more than that of the chairman. The recruitment notice said that the the position is for a contract period of three years and the annual CTC (cost to company) and perks would be Rs 75 lakh to Rs 1 crore. "Minimum 15 years' post qualification work experience (as on 01.04.2020) in overseeing financial operations, preferably accounting…
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Home loan to get cheaper as SBI to cut MCLR by 25 bps from June 10
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Business, Economy, Personal Finance,

Home loan to get cheaper as SBI to cut MCLR by 25 bps from June 10

The country's largest lender State Bank of India (SBI)  has announced that it will reduce marginal cost of fund based lending rate (MCLR) by 25 basis points across all tenors from June 10 (Wednesday). SBI has also reduced its base rate by 75 basis points, from 8.15 per cent to 7.40 per cent, effective June 10. The one year MCLR has been revised to 7 per cent from 7.25 per cent.. This is the thirteenth consecutive reduction in the bank's MCLR. "Consequently, EMIs on eligible home loan…
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