State Bank of India

Electoral bonds to open for sale on December 5

The issuance date of bonds coincides with the second phase of the Gujarat assembly election, which is scheduled on December 5.

published on : 4th December 2022

Banks hint at slower pace of deposit rate hike even as lending rates go up

These banks have said they have enough ‘space’ in terms of liquidity to continue for another quarter or two without worrying about raising funds via deposits at higher rates.

published on : 8th November 2022

SBI net profit rises 74 per cent to Rs 13,265 crore; BoB profit up 59 per cent

The lender had posted a net profit of Rs 2,088 crore in the corresponding quarter of the previous fiscal. 

published on : 6th November 2022

Bulls stage a comeback, Sensex rallies 1.2 per cent on global cues

The rally in the domestic market was led by large caps, with IT and banking at the forefront due to the robust start to Q2 earnings.

published on : 15th October 2022

SBI raises Rs 4,000 crore via Tier 2 bonds at coupon rate of 7.57 per cent

The bank in a statement issued on Wednesday said that the issue attracted an overwhelming response from investors with bids of Rs 9,647 crores.

published on : 22nd September 2022

SBI ordered to reimburse Rs 63.7 lakh to senior citizen

The complainants opened a joint savings bank account in the SBI, Balkampet branch.

published on : 19th August 2022

SBI rolls out first start-up branch in Bengaluru  

The bank has provided debt to 104 start-ups so far aggregating to Rs 250 crore over the last 18 months.

published on : 16th August 2022

SBI net profit declines 6.7 per cent on mark-to-market losses

The domestic net interest margin (NIM) during the first quarter improved by 8 bps YoY to 3.23%.

published on : 7th August 2022

SBI told to waive off Rs 54.09 lakh loan to Bengaluru woman

She entirely depends on the insurance cover but the bank refused to waive off loan.  

published on : 20th July 2022

Misplaced documents: SBI asked to pay Rs 3 lakh compensation to customer

The Commission has also directed the SBI to issue a public notice in Telugu and English newspapers notifying about the misplaced documents.

published on : 9th July 2022

Reimbursement for foreign travel not an absolute right for SBI officers: Madras HC

The judge said the facility extended to get reimbursement of foreign travel expenses, was given by way of an additional facility through a letter and the same was cancelled.

published on : 28th June 2022

Row after Indian Bank makes pregnant women 'temporarily unfit' for joining

As per the guidelines and criteria for physical fitness for pre-employment recently issued by Indian Bank, candidates would be re-examined six weeks after delivery for the appointment of post.

published on : 15th June 2022

Bank of Maharashtra tops PSU lenders’ chart

It was followed by State Bank of India and Union Bank of India with 10.27 per cent and 9.66 per cent growth, respectively.

published on : 2nd June 2022

Ashwani Bhatia takes charge as Sebi's whole-time member 

Apart from Bhatia, Sebi has two whole-time members -- S K Mohanty and Ananta Barua.

published on : 1st June 2022

Mohalla clinics to be launched in Punjab on August 15

Bhagwant Mann said 75 clinics of the Delhi pattern project would be launched in the first phase.

published on : 20th May 2022

SBI net at Rs 9,114 crore, highest-ever quarterly gain

Domestic net interest margin (NIM), a key profitability measure, grew 29 bps on-year but was flat sequentially.

published on : 14th May 2022

Reliance top-ranked Indian firm on Forbes Global 2000 list 

Reliance is the top-ranked Indian firm on the list, followed by State Bank of India at No.105, HDFC Bank at No.153 and ICICI Bank at No.204.

published on : 13th May 2022

SBI hikes interest rates on bulk term deposits by 40-90 basis points 

The public sector lender also revised the interest rate on bulk term deposits maturing between 180 and 210 days by 40 basis points to 3.50 per cent, as against 3.10 per cent earlier.

published on : 10th May 2022

SBI raises over Rs 3,800 crore through IFSC Gift City branch

The country's largest lender State Bank of India said it has raised over Rs 3,800 crore through its IFSC Gift City branch.

published on : 18th April 2022

Robbers escape after bank alarm goes off

According to police, at around 1 am, the security alarm of the bank went off when unknown people tried to enter the bank and the manager and staff received a message.

published on : 31st March 2022
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