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SBI allocates Rs 70 crore to combat second wave of Covid-19 ANI | Updated: May 03, 2021 13:28 IST The country s largest commercial bank has dedicated Rs 30 crore to set up 1,000 bed makeshift hospitals, 250 bed ICU facilities and 1,000 bed isolation facilities across some of the worst-hit states. These facilities will be set up in collaboration with government hospitals and municipal corporations of respective cities, the lender said in a statement on Monday. SBI will also contribute Rs 10 crore for genome-sequencing equipment, lab and vaccine research equipment to the government. Besides, SBI has allocated Rs 21 crore to all its 17 local head offices to address urgent medical needs of citizens including procuring life-saving healthcare equipment and enhancing oxygen supply to hospitals. ....
SBI will set up temporary hospitals with ICU facilities for Covid-19 patients sandesh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandesh.com Daily Mail and Mail on Sunday newspapers.
SBI achieves Rs 5 lakh crore in home loan business ANI | Updated: Feb 10, 2021 16:37 IST Mumbai (Maharashtra) [India], February 10 (ANI): Maintaining its leadership in the home loan segment intact, State Bank of India (SBI) has crossed the Rs 5 lakh crore mark. The bank has set its sight on achieving a home loan AUM (assets under management) of Rs 7 lakh crore by FY 2024. The real estate and housing business unit (REBHU) of SBI has grown five times in the last 10 years with an AUM of Rs 89,000 crore in 2011 to Rs 5 lakh crore in 2021. Despite a massive setback to the real estate sector triggered by pandemic-induced lockdown, the REHBU vertical registered unparalleled growth in the home loan business. ....
Updated Feb 11, 2021 | 15:51 IST State Bank of India said that its home loan portfolio has crossed Rs 5 trillion in assets under management and that the Retail Housing Business Unit is the largest portfolio for the public sector bank. Dinesh Khara Home loans will be a major focus for SBI going forward, said Chairman Dinesh Khara SBI s home loan interest rates start at 6.80% currently, second only to Kotak Mahindra Bank s 6.75% offering Amid the lowest ever home loan interest rate offerings by banks and the push for the revival of residential real estate, India s largest lender, State Bank of India (SBI) has said that the bank has crossed the Rs 5 trillion mark in its home loan segment. The bank aims to achieve Rs 7 trillion worth of Assets Under Management (AUM) under its home loan portfolio by the financial year 2024. ....