SBI to offer mortgage-backed home loans to non-salaried

New Delhi : The State Bank of India (SBI) on Monday signed a memorandum of understanding (MoU) with the India Mortgage Guarantee Corporation (IMGC) to offer mortgage guarantee scheme for prospective non-salaried home loan seekers. “With the rising demand in affordable housing segment, this product aims to provide home finance to select target audience at […]

Merger led to higher account closure this year: SBI

New Delhi : The country’s largest public sector bank State Bank of India (SBI) on Thursday clarified that the number of accounts closed in the bank is higher this year due to the merger and it has nothing to do with maintenance of minimum balance. “On account of the merger of SBI’s associate banks with […]