Remittances to Nepal: RBI hikes per transaction cap to Rs 2 lakh from Rs 50,000"As hitherto, banks shall accept remittances by way of cash from walk-in customers or non-customers. The ceiling of Rs 50,000 per remittanc...
Nepal SBI post 13 per cent growth in net profit for FY19Nepal SBI Bank, a subsidiary of State Bank of India, has posted a Rs 229.25 crore net profit for 2018-19, registering a growth of 13.29 per...
Joint Venture banks can bring foreign capital to Nepal, says a top Central Bank officialThe Deputy Governor of Nepal Rastra Bank said that there is no objection on the part of the central bank if foreign capital is brought to t...
SBI in Nepal launches digital villageThe digital village initiative has been launched in Jarisingpouwa in Shankarapur Rural Municipality, 25 km east from Kathmandu.
SBI Life set to enter Bahrain in next financial year"We are now waiting for the approval from Central Bank of Bahrain (which also regulates that country's insurance industry) to kick off our ...
Nepal SBI Bank launches payment gatewayThe customer of Nepal SBI Bank can utilise mobile banking and other value added services along with the payment gateway, Nepal SBI said in ...
SBI arm in Nepal opens rupee exchange counters at Kathmandu airportSBI holds 55 per cent shares in the subsidiary and the rest is held by a local partner, namely Employee Provident Fund (15 per cent) and ge...
Nepal quake: Currency counter, transit camp for returning IndiansA transit camp has been set up jointly by the SSB and Indian Oil Corporation; and a special SBI counter to help people change Nepalese curr...
20,000 Indian nationals evacuated from Nepal: Dharmendra PradhanAs many as 20,000 Indian nationals have reached Raxaul from various destinations of quake-torn Nepal since yesterday, he told reporters her...
MTNL and Tata Communications to not participate in jv rights issueMTNL owns 26.68% in UTL while the balance shares are owned by Tata Communications (26.66%), TCIL (26.66%) and Nepal Ventures Pvt Ltd (20%).
MTNL appoints SBI Cap for evaluating investment scope in UTLMTNL holds majority stake in UTL with 26.68% stake. TCIL and Tata Communications hold 26.66 % each and NVPL holds 20% stake in UTL.
- RBI should cut interest rates: SBI chairman
The SBI has suggested to the RBI to lower cash reserve ratio (CRR) and repo rate by 50 basis points, its chairman Pratip Chaudhuri said on ...
- SBI corners a third of remittance pie in Q1
The State Bank of India's share in cash remittances from overseas has jumped sharply as the bank aggressively expanded overseas and opened ...
- SBI bets big overseas; plans to open 23 branches by March
The State Bank of India, which enjoys the largest overseas presence among local lenders, is in the advanced stages of opening 23 more branc...
- Indian Embassy in Nepal to outsource visa application to SBI
To provide hassle-free visa service for foreign tourists, who seek to visit India after coming here, the Indian Embassy today started outso...
- Nepalese can use NEFT to send funds back home
Nepalese citizens working in India can now send funds to their family and friends back home using the National Electronic Funds Transfer (N...
- SBI SAARC sector conference to be held in Colombo
State Bank of India will hold its two-day Annual SBI SAARC sector conference here from Monday.