Why Is SBI The Best Bank ?

December 13th, 2006

The public sector State Bank of India is India’s largest commercial bank with a network of 9,000 branches offering range of banking services such as
· Personal Banking
· Gold Banking
· NRI Banking
· International Banking
· Corporate Banking
· Small Scale Industries
· Small Business Finance
· Rural Banking
· Government Business
· Home Loans

SBI Bank India has 52 Foreign Offices in 34 countries.In the  mid-’90s when SBI was facing stiff competition from whole lot of private sector banks, the assistance of McKinsey & Co was sought to help in its restructuring. Today SBI  has again approached Mckinsey for another round of restructuring as aggressive foreign banks who have the advantage of superior technology like ICICI Bank and HDFC Bank are eating into SBI’s market share of interest and fee-based income.

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SBI Loans

December 12th, 2006

 

There are a large number of banks and financial institutions, which provide for easy and effort free loans. However most times people fail to see the exorbitant interest rates that these loan sharks charge you. As a result if you were even a little complacent with your bill payments you would end up falling into a debt trap. There would be many people around like me who would have taken a loan from by seeing the glossy adds that pop up every where you lay your eyes on and than would have easily fallen into debt traps of these loan sharks.

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