Monday, 7 December 2015

Chennai Rains: SBI, ICICI not to impose penalty on EMI delay | Latest Updates Of Stock Market

The bank has decided to waive off penalty for late payment or no payment of EMI for November and December for Home Loans and Car Loans and personal loans, SBI said in a statement.

will also offer special soft loans on convenient repayment terms for repair of cars to existing car Loan borrowers up to 10 per cent of the original loan taken and salary advance of three months net salary for customers having salary accounts with the bank.

HDFC Bank also announced penalty waiver for delay in EMI and card payments for November. 

Earlier in the day ICICI Bank announced to waive off penalty both for credit card holders and borrowers. Besides, ICICI Bank will also waive off charges for cheque bounce for the same period, ICICI Bank spokesperson said.

SBI stock price:
On December 07, 2015, at 09:19 hrs State Bank of India was quoting at Rs 242.20, up Rs 1.25, or 0.52 percent. The 52-week high of the share was Rs 335.90 and the 52-week low was Rs 220.60.

The latest book value of the company is Rs 165.49 per share. At current value, the price-to-book value of the company is 1.46.

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