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State Bank of India – the Nation's Most Trusted Bank
Press Release – For Immediate Release State Bank of India – the Nation’s Most Trusted Bank Brand Finance launches banking market research on India’s bank brands Indian banks enjoy an average trust score of 69.8% compared to 64.9% recorded by US banks State Bank of India is the nation’s most trustworthy bank with a score of 86.4% Over 50% of customers of the Oriental Bank of Commerce and the UCO Bank 'very likely' to switch to competition Brand Finance conducted research on bank brands in 22 markets to see how customers’ opinions have changed in an era of major disruption to the industry. As global banks retreated after the Great Recession, the traditional banking model has changed. The prevailing trends suggest fintechs and niche “challenger banks” are biting into banks’ profits and luring their customers away with better quality service at lower prices. Traditional banks tend not to be set up as quick innovators. Instead, they compete for customers’ trust and our research indicates which banks are the most trustworthy. State Bank of India was deemed the most trusted bank in the country with a trust level of 86.3% as well as the most popular bank among those customers that were looking to switch to competition with 21.4% declaring they would choose the brand over others. State Bank of India is the country’s largest commercial bank in terms of assets, deposits, branches, number of customers and employees. On the opposite end of the ranking, over 50% of customers of the Oriental Bank of Commerce and the UCO Bank were 'very likely' to switch to competition. -
CP (IB) No. 01/MB/2018]
NCLT Mumbai Bench IA No. 1031/2020 in [CP (IB) No. 01/MB/2018] IN THE NATIONAL COMPANY LAW TRIBUNAL MUMBAI BENCH, SPECIAL BENCH II *** *** *** IA No. 1031 of 2020 in [CP (IB) No. 01/MB/2018] Under Section 60(5) of Insolvency and Bankruptcy Code, 2016 *** *** *** In the matter of STATE BANK OF INDIA Versus VIDEOCON TELECOMMUNICATIONS LIMITED Between ABHIJIT GUHATHAKURTA, Resolution Professional for 13 Videocon Group Companies Flat No. 701, A Wing, Satyam Springs, Cts No. 272a/2/l, Off BSD Marg, Deonar, Mumbai City, Maharashtra, 400088 … Applicant and DEPARTMENT OF TELECOMMUNICATIONS Ministry of Communications, Access Service Branch, AS-1 Division, Sanchar Bhawan, 20, Ashoka Road, New Delhi- 110001 … Respondent No. 1 BANK OF BARODA 3rd Floor, 10/12, Mumbai Samachar Marg, Fort, Mumbai- 400 001 … Respondent No. 2 Date of Order: 07.10.2020 CORAM: Hon’ble Janab Mohammed Ajmal, Member Judicial Hon’ble Ravikumar Duraisamy, Member Technical Appearance: For the Applicant : Senior Counsel Mr. Gaurav Joshi with Ms. Meghna Rajadhyaksha. For the Respondents : None Page 1 of 8 NCLT Mumbai Bench IA No. 1031/2020 in [CP (IB) No. 01/MB/2018] Per: Janab Mohammed Ajmal (Member Judicial) ORDER This is an Application by the Resolution Professional of the Corporate Debtor seeking necessary direction against the Respondent(s). 2. Facts leading to the Application may briefly be stated as follows. The Videocon Telecommunications Limited (hereinafter referred to as the Corporate Debtor) had availed various credit facilities from the State Bank of India and other Banks including Bank of Baroda (Respondent No. 2). The Department of Telecommunications, Government of India (Respondent No. -
Customer Perception and Satisfaction Towards Union Bank Services with Reference to Chidambaram Town, Cuddalore District,Tamil Nadu, India
Volume 2, Issue 7, July– 2017 International Journal of Innovative Science and Research Technology ISSN No: - 2456 – 2165 Customer Perception and Satisfaction towards Union Bank Services with Reference to Chidambaram Town, Cuddalore District,Tamil nadu, India Nsengiyumva Vedaste1, D. Ilangovani2 1. M.com student, Department of commerce 2. Professor and head, Department of commerce Annamalai University, Annamalainagar- 608002 Abstract:- The work reveal the Satisfaction of the The word "BANK" is derived from a Latin word 'Baucus' or Customers towards Union Bank of India services, mobile 'Banque', which means a bench. In the early days the European banking service, internet banking, ATM service .the moneylenders and moneychangers used to sit on the benches aspirations of this paper is to scrutinize how all account and exhibit coins of different countries in big heaps for the holders are amused according to the Union bank of India, purpose of changing and lending money. The research has been conducted with the customers of U BI, Chidambaram town, Cuddalore District. According to my research, now the customers are connected to the Internet via personal computers, banks envision similar advantages by adopting those same internal electronic processes to home use and banks view online banking as a powerful. The usage of Banking services to the Customers in Union Bank of India, through the results from questionnaires distributed to the customers, it seems that more persons are aware to use Banking services whether the remaining (less one) are not affectionate towards of it, due to various hiding factors like security and fear of hidden costs etc. So banks should come forward with measures to abate the fear of their customers through awareness campaigns and more meaningful advertisements to make banking services popular among all the group of people and to create a trust in mind of customers towards security of their accounts and to make the sites more users adjustable. -
State Bank of India, Maharashtra Circle
STATE BANK OF INDIA, MAHARASHTRA CIRCLE IMPORTANT ANNOUNCEMENT ENGAGEMENT OF RETIRED OFFICERS/ EMPLOYEES OF STATE BANK OF INDIA/ E-ABs AND RETIRED OFFICERS OF PSBs FOR DIFFERENT ROLES IN ANYTIME CHANNEL VERTICAL ON CONTRACT BASIS (Last Date – 21.06.2020) Applications are invited from retired employees and officers of the State Bank of India/ e-ABs of State Bank of India (retired as Clerical and retired in Scale I to IV) and Retired Officers of other PSBs (retired in Scale I to IV), who retired from Bank’s service on attaining superannuation on or before 31.05.2020 and should not have completed 63 years of age as on 30.06.2020, for engagement in the Anytime Channel Vertical, on contract basis. The applicant should have retired with good track record and no punishment/ penalty should have been inflicted on the retired employee/ officer during five years of his service in the Bank preceding his retirement. The retired employee/officer voluntarily retired/ resigned/suspended/ who have left the Bank otherwise before superannuation are not eligible for consideration for appointment. Applicant should be resident of the area, where AO/RBO is functioninq. Preference will be given to the officials who have worked in ATM operations. All interested eligible retired employees and officers are advised to send a scanned copy of their application as per Annexure II to the email id [email protected] (with cc to [email protected]). The last date for receipt of scanned copy of the application is 21.06.2020. The tentative region wise vacancies of Channel Manager Supervisor (CMS) and Channel Manager Facilitator (CMF) are placed below. -
Financial Performance of State Bank of India and Icici
FINANCIAL PERFORMANCE OF STATE BANK OF INDIA AND ICICI BANK – A COMPARATIVE STUDY D.Padma1 and V.Arulmathi2 1Associate Professor, Sree Saraswathi Thyagaraja College, Thippampatti, Pollachi, India. Email-id: [email protected] 2M.Phil. Research Scholar, N.G.M. College, Pollachi Abstract State Bank of India (SBI) and ICICI Bank are the two largest banks in India in public and private sector. Performance and efficiency of commercial banks are the key elements of countries financial system. In view of this, the study set out to apply Profitability ratios, Solvency ratios and Management efficiency ratios on SBI and ICICI Bank in order to compare their efficiency and solvency position. On basis of the analysis, it has been found that both the banks are maintaining the required standards and running profitably. This comparative study of SBI and ICICI Bank demonstrates that there are significant differences on the performance of SBI and ICICI Bank in terms of Deposits, Advances, Investments, Net profit, and Total assets. Based on the study, it can be said that SBI have an extensive operation than ICICI Bank. Keywords: SBI, ICICI, Profitability Ratios, Solvency Ratios, Efficiency ratios. 1. INTRODUCTION branches of its five Associate Banks, and is also accountable for one-fifth of the loans of India. It has about 8500 ATMs The banking industry plays an important role in the economic across the nation. development of a country. It supplies the lifeblood-money that supports and fosters growth in all the industries. Growth 1.2 ICICI Bank of the banking sector is measured by the increase in the number of banks’ branches, deposits, credit, etc. -
Minutes/2014-15 January 16, 2015
Convener - SLBC Maharashtra No. AX1/PLN/SPL SLBC/Minutes/2014-15 January 16, 2015 Minutes of the Special SLBC Meeting held on January 15, 2015 at Mumbai A special SLBC meeting was convened on 15.01.2015 at Mumbai. The meeting had a focused agenda to discuss progress under Pradhan Mantri Jan Dhan Yojana (PMJDY), saturation of the State with respect to PMJDY, flow of credit to agriculture and achievement under Annual Credit Plan 2014-15. Chief Guest of the meeting was Hon’ble Chief Minister, Maharashtra State, Shri Devendra Fadnavis. Shri Sushil Muhnot, Chairman, SLBC and Chairman & Managing Director, Bank of Maharashtra chaired the meeting. Shri Chandrakant Patil, Minister for Cooperation, Shri Swadheen Kshatriya, Chief Secretary, Shri Sudhir Shrivastava, Additional Chief Secretary (Finance), Shri S.K. Sharma, Principal Secretary (Cooperation), Shri Shrikant Singh, Principal Secretary (Planning) Shri V. Giriraj, Principal Secretary (Rural Development), Shri Rajesh Aggarwal, Principal Secretary, (Information Technology), Shri Chandrakant Dalvi, Commissioner (Cooperation), Shri Vikas Deshmukh, Commissioner (Agriculture) and other senior officials of the State Government attended the meeting. The Reserve Bank of India was represented by Shri S. Ramaswamy, Regional Director, Maharashtra & Goa and Smt. J.M. Jivani, Regional Director, Nagpur. NABARD was represented by Dr. U.S. Saha, CGM, MRO, Pune. Two banks were represented by their Executive Directors viz Ms Trishna Guha, ED, Dena Bank and Shri S.K.V. Srinivasan, ED, IDBI Bank. The meeting was also attended by Shri Pramod Karnad, Managing Director, MSC Bank, Shri U.V. Rao, Chairman, Maharashtra Gramin Bank, Shri SDS Carapurcar, Chairman, Vidarbha Konkan Gramin Bank and other senior officials of Reserve Bank of India, various banks and Lead District Manager of some of the districts in the State. -
UPI Booklet Final
1001A, B wing, G-Block, 10th Floor, The Capital, Bandra-Kurla Complex, Behind ICICI bank, Bharat Nagar, Bandra (East), Mumbai, Maharashtra 400 051 Contact us at: [email protected] FAST FORWARD YOUR BUSINESS WITH US. SUCCESS STORIES Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. It also caters to the “Peer to Peer” collect request which can be scheduled and paid as per requirement and convenience. It is available on all respective banking applications on Android and IOS platforms or via the BHIM application. HOW UPI OUTSCORES PAYMENT CAN BE DONE USING UPI ID/ AADHAR NUMBER/ ACCOUNT + IFSC/ SCANNING QR 24/7/365 DAYS ACCOUNT TO ACCOUNT SUPPORT SYSTEM TRANSFER OTHER PAYMENT SYSTEMS? PAYMENT CAN BE DONE REAL-TIME WITH/ WITHOUT INTERNET PAYMENT TRANSFER NO NEED TO SHARE ACCOUNT/ CARD DETAILS ONE INTERFACE, NUMEROUS BENEFITS BHIM (Bharat Interface for Money)/ UPI (Unified Payments Interface) powers multiple bank accounts into a single mobile application (of any bank) merging several banking features, seamless fund routing, and merchant payments into one hood. • Transfer money 24/7/365 • Single mobile application for accessing dierent bank accounts • Transfer money using UPI ID (no need to enter card details) • Merchant payment with single application or in-app payments • Supports multiple ways of payment, including QR code scan • Simplified authentication using single click two-factor authentication • UPI ID provides incremental security • Supports various transaction types, including pay, collect, etc. • Ease of raising complaints ANYTIME. -
Knowledge Technology
The Story RESPONSIBILITY ASSURANCE PROFICIENCY CONVENIENCE AGILE SUSTAINABILITY CONFIDENCE OPENNESS EXPERTISE SECURITY INSIGHTFUL CONSERVATION INTEGRITY CLARITY ACUMEN SPEED ASTUTE ETHICS TRUST TRANSPARENCY KNOWLEDGE TECHNOLOGY TRUST HUMAN CAPITAL RESPONSIBLE BANKING HUMAN CAPITAL HUMAN RESPONSIBLE BANKING RESPONSIBLE TECHNOLOGY KNOWLEDGE TRANSPARENCY Say YES to Growth ! Incorporation of NOVEMBER 2003 YES BANK Limited Capital infusion by promoters and key INDIA’S FINEST QUALITY MAR investors RBI license to commence banking business BANK MAY First branch at Mumbai & inclusion in second AUG schedule of the RBI Act 2004 Launch of Corporate & Business Banking AUG ISO 9001:2000 certification for back office FEB operations Maiden public offering of equity shares by the JUN Bank Rana Kapoor, Founder, MD & CEO adjudged 2005 Start-up Entrepreneur of the Year at the E&Y NOV Entrepreneur Awards 2005 FY2006-First full year of commercial MAR operations; Profit of INR 553 million, ROA 2% YES BANK's Investment Banking Group was ranked #1 in M&A 'Outbound Cross Border APR Transactions' in the Bloomberg League Tables Raised INR 1.8 billion of long-term OCT subordinated Tier II debt 2006 Launch of YES SAMPANN INDIA, our Financial Inclusion Initiative, in partnership DEC with ACCION International, USA RaisedR 1.98 billion of Upper Tier II capital MAR Launch of YES-International Banking AUG Selected as a Founding Member of the 2007 Community of Global Growth Companies at SEP ACTION + QUALITY = GROWTH x SCALE = the World Economic Forum, Geneva FINEST QUALITY -
SBI Digital Transformation
YONO by SBI (You Only Need One) An Omni-channel app for Lifestyle & Banking needs State Bank of India is among the largest retail banks in the world #1 SBI Online is India’s most and the Largest Bank in India 423 Mn+ customer USD 550 Bn+ World’s 5th most visited (Balance Sheet Size, base business size banking site Branches) 80% transactions on 32.7 Mn+ Internet 59,263 85.7 Mn+ Financial Anytime/ Digital banking users Pan-India ATMs Inclusion accounts channels 52,340 + Customer 24.5 Mn+ FI accounts Service Points under opened during the year Business Correspondent model 2 SBI – a dominant player in digital space SBI has always been in the forefront of Digital Banking innovations Key digital payment products: • YONO by SBI • Mobile Banking • Internet Banking • State Bank Buddy (e-Wallet) • Debit & Pre-paid cards • Merchant Acquiring Business i.e. PoS terminals • Aadhar Pay • Bharat QR • UPI 3 We embarked on one of the largest digital transformation programs ever with three key aspirations End to end digitization to A digital bank for enhance customer experience nearly one-third the nation and increase wallet share India’s biggest marketplace with 75+ partners and Other financial products of SBI group 4 Core elements of the Digital proposition . 100% digital experience, eliminating need to visit branches . One view for customer of all wealth and financial assets Digital bank . Digital onboarding of customers through e-KYC and biometric authentication . Online loan products for retail customers (PAPL to begin with) . All financial products of SBI group on a single platform Financial . -
Live Banks in API E-Mandate
Bank status in API E-Mandate Sponsor Bank S.No Code Bank Name Netbanking Debit Card 1 KKBK KOTAK BANK LTD Live Live 2YESB YES BANK Live Live 3 USFB UJJIVAN SMALL FINANCE BANK LTD Live Live 4 INDB INDUSIND BANK Live Live 5 ICIC ICICI BANK LTD Live Live 6 IDFB IDFC FIRST BANK LTD Live Live 7 HDFC HDFC BANK LTD Live Live 8 ESFB EQUITAS SMALL FINANCE BANK LTD Live Live 9 DEUT DEUTSCHE BANK AG Live Live 10FDRL FEDERAL BANK Live Live 11 SBIN STATE BANK OF INDIA Live Live 12CITI CITI BANK Live Live 13UTIB AXIS BANK Live Live 14 PYTM PAYTM PAYMENTS BANK LTD Live Live 15 SIBL SOUTH INDIAN BANK Live Live 16 KARB KARNATAKA BANK LTD Live Live 17 RATN RBL BANK LIMITED Live Live 18 JSFB JANA SMALL FINANCE BANK LTD Live Live 19 CHAS J P MORGAN CHASE BANK NA Live Live 20 JIOP JIO PAYMENTS BANK LTD Live Live 21 SCBL STANDARD CHARTERED BANK Live Live 22 DBSS DBS BANK INDIA LTD Live Live 23 MAHB BANK OF MAHARASHTRA Live Live 24CSBK CSB BANK LTD Live Live 25BARB BANK OF BARODA Live Live 26IBKL IDBI BANK Live X 27KVBL KARUR VYSA BANK Live X 28 HSBC THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD Live X 29BDBL BANDHAN BANK LTD Live X 30 CBIN CENTRAL BANK OF INDIA Live X 31 IOBA INDIAN OVERSEAS BANK Live X 32 PUNB PUNJAB NATIONAL BANK Live X 33 TMBL TAMILNAD MERCANTILE BANK LTD Live X 34 AUBL AU SMALL FINANCE BANK LTD X Live Destination Bank S.No Code Bank Name Netbanking Debit Card 1 KKBK KOTAK MAHINDRA BANK LTD Live Live 2YESB YES BANK Live Live 3 IDFB IDFC FIRST BANK LTD Live Live 4 PUNB PUNJAB NATIONAL BANK Live Live 5 INDB INDUSIND BANK Live Live 6 USFB -
June 2, 2020 National Stock Exchange of India Ltd
June 2, 2020 National Stock Exchange of India Ltd. (Symbol: INDUSINDBK) BSE Ltd. (Scrip Code: 532187) India International Exchange (Scrip Code: 1100027) Singapore Stock Exchange Luxembourg Stock Exchange Madam / Dear Sir, Moody’s Rating Action - Update We wish to inform that Moody's Investors Service (Agency) have, vide their Rating Action dated June 2, 2020 communicated that Moody's have downgraded IndusInd's long-term local and foreign currency deposit ratings to Ba1 from Baa3 and its BCA to ba2 from ba1. The rating outlook is negative. Moody’s have clarified that the key drivers for rating downgrade is caused due to economic disruptions caused by the coronavirus and the downgrade of the sovereign rating. The rating action of Moody’s follows Moody's recent downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook. The Rating Action Release by the Agency containing the reason for the above downgrade is attached. On March 9, 2019, Moody’s assigned Issuer Rating of ‘Baa3’ with a ‘Stable Outlook’ for the Euro Medium Term Notes (eMTNs) and our Bank raised USD 400 million in April 2019 which works out to 1% of the Balance Sheet at current level. These bonds are listed on India International Exchange and on Singapore Stock Exchange. This disclosure is being made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20l5. A copy of this letter is being uploaded on the Bank's website at www.indusind com. We request you to kindly take this letter on record. -
State Bank of India, Local Head Office, Hoshangabad Road, Bhopal 462011
TENDER ID: BHO201904024 23.04.2019 SBI INFRA MANAGEMENT SOLUTIONS PVT.LTD. Mezzanine Floor, State Bank of India, Local Head Office, Hoshangabad Road, Bhopal 462011 PART – A : TECHNICAL BID TENDER FOR: PROVIDING AND SUPPLYING UNIFORM TIMING DISPLAY BOARD AT ALL REGIONAL BUSINESS OFFICES UNDER THE CONTROL OF LOCAL HEAD OFFICE, BHOPAL CIRCLE TENDER SUBMITTED BY : NAME : __________________________________ ADDRESS : __________________________________ __________________________________ __________________________________ DATE : __________________________________ Signature of Contractor with Seal TENDER ID: BHO201904024 23.04.2019 NOTICE INVITING TENDERS SBIIMS on behalf of SBI invites “online item rate E-tender” from the SBIIMS Empaneled contractors under appropriate category for the captioned work. The SBIIMS Empaneled contractors who receive NIT from this office are only entitled to quote for this tender. The details of tender are as under: S.No. Description 1. Name of work Providing and Supplying Uniform Timing Display Board at all Regional Business Offices under the control of Local Head Office, Bhopal Circle. 2. Nature of Work Interior Work 3. Time allowed for completion 20 (Twenty) Days 4. Tender Processing Fees Tender Processing Fee amounting to Rs 3000.00 (Rupees Three Thousand only) (Non-Refundable) to be credited only through State Bank Collect. The steps involved in making the payment is provided at Annexure-A .The receipt generated with the Reference no. will be submitted along with the EMD as a proof for payment. 5. Earnest Money Deposit Rs.23,000/- (Twenty Three Thousand only) by means of Demand Draft / Pay Order (Valid for a period of 90 Days from the last date of submission of the tender) from any scheduled Nationalized Bank drawn in favour of SBI Infra Management Solutions Pvt.