SBI targets $1.25 billion in one of India's largest bank lending in 2024
Nov 15, 2024, at 07:39 pm
Mumbai/IBNS: The State Bank of India (SBI) is set to raise up to $1.25 billion through a dollar-denominated loan, marking the largest such borrowing by the country’s financial sector this year, Bloomberg reported, citing sources familiar with the matter.
Deposit mobilisation not a challenge for bank, says SBI chairman Dinesh Khara
Aug 24, 2024, at 11:01 pm
Mumbai/IBNS: Dinesh Kumar Khara, the chairman of India's largest public sector bank State Bank of India (SBI), on Friday (August 23) said that he does not foresee any challenges for the bank in deposit mobilisation, despite the intensified competition among banks to attract deposits by raising short-term deposit rates.
SBI unveils “Amrit Vrishti” term deposit scheme for 444 days
Jul 16, 2024, at 11:18 pm
State Bank of India has launched a new term deposit scheme named "Amrit Vrishti".
State Bank of India to raise $3 billion via debt in FY2025
Jun 12, 2024, at 05:13 pm
Mumbai/IBNS: India's largest lender State Bank of India (SBI) on Tuesday (June 11) said that its board has approved raising up to $3 billion via debt in the current fiscal year (FY25), reports said.
State Bank of India is now the first bank to become Trading cum Clearing (TCM) Member of IIBX
May 13, 2024, at 11:30 pm
The country’s largest commercial bank, State Bank of India (SBI) has announced that it has secured the distinction of being the first bank to become a Trading cum Clearing (TCM) Member at India International Bullion Exchange.
SBI urges Supreme Court to extend deadline for providing electoral bonds info
Mar 05, 2024, at 03:03 am
New Delhi/IBNS: The State Bank of India (SBI) has requested the Supreme Court to extend the deadline till June 30 for providing information about electoral bonds to the Election Commission.
SBI launches Green Rupee Term Deposit. Know who can avail them
Jan 12, 2024, at 07:37 pm
The country's largest lender State Bank of India (SBI) has launched the SBI Green Rupee Term Deposit (SGRTD) with the aim of mobilizing funds to support environment-friendly initiatives and projects.
SBI launches ‘Mobile Handheld Device’
Oct 04, 2023, at 11:01 pm
The State Bank of India on Wednesday said it is availing banking services has announced introduction of 'Mobile Handheld Device’ for its FI customers.
SBI introduces Aadhaar-Based enrolment for social security schemes
Aug 26, 2023, at 12:37 am
Public sector lender State Bank of India has unveiled a Customer Service Points functionality that enables hassle-free enrolment for social security schemes through Aadhaar.
SBI launches 34 Transaction Banking hubs nationwide
Jul 01, 2023, at 11:35 pm
New Delhi: State-run State Bank of India (SBI) has launched 34 Transaction Banking Hubs at Top 21 district centres across the country with an aim to provide quick and efficient Transaction Banking solutions to the customers.
May 24, 2023, at 12:48 am
Mumbai: The Entrepreneurship Development Institute of India (EDII) has partnered with the State Bank of India Foundation (SBIF) for the skill development and training of 750 persons with disabilities (PwDs) under SBI’s Corporate Social Responsibility (CSR) project – Swavlamban.
Apr 28, 2023, at 05:39 pm
Kolkata: Public sector major State Bank of India, acting through its London Branch, on Friday priced a 5-year US$750 million bond issuance at a coupon rate of 4.875 %.
SBI Credit Card Users Alert! How New Rules Will Affect You from January 1 - Check Complete Details
Mar 01, 2023, at 06:18 pm
The State Bank of India (SBI) is the largest credit card provider in India, which offers this facility to cater to the specific needs of customers. It provides a plethora of features like reward points, cashback for grocery purchases, travel, fuel expenses, etc.
Jan 23, 2023, at 11:28 pm
Kolkata: SBI, the country’s largest lender, has partnered with MMRDA for providing NCMC based ticketing solution for the recently commissioned Mumbai metro lines 2A and 7.
Aug 12, 2022, at 11:50 pm
Mumbai: In a bid to make this festive season special, Tata Motors, India’s leading automotive manufacturer has joined hands with State Bank of India, India’s largest bank, to offer Electronic Dealer Finance solution (e-DFS) to its authorized passenger EV dealers.
SBI reports 41.28 pc jump in its net profit
May 13, 2022, at 11:00 pm
Mumbai: State Bank of India (SBI) on Friday reported a 41.28 per cent jump in its net profit at Rs 9,114 crore for the fourth quarter ended March 31, 2022.
State Bank of India: Ecowrap - SRS report throws light on multiple facets of India's demography
Mar 18, 2022, at 05:34 am
The government has released the Sample Registration System (SRS) survey which is the largest demographic survey in the country mandated to provide annual estimates of fertility as well as mortality indicators at the State and National level.
Jan 04, 2022, at 11:07 pm
Mumbai: In an aim to encourage customers to adopt digital banking, SBI has not levied any Service Charges on IMPS transactions upto Rs. 5 lacs, done through Internet banking/Mobile Banking including YONO.
SBI buys 9.95 pc stake in India International Exchange (IFSC)
Dec 31, 2021, at 08:36 am
Mumbai/IBNS: India's largest public sector lender State Bank of India (SBI) announced the acquisition of 9.95 percent in India International Exchange (IFSC).
State Bank of India reports highest quarterly profit in Q2FY22 at Rs 7,627 crore
Nov 03, 2021, at 10:50 pm
New Delhi/UNI: The country's largest lender State Bank of India (SBI) on Wednesday said it had posted 67% year-on-year jump in its net profit to Rs 7,627 crores in July-September quarter of financial year 2021-22.
SBI Q1 net profit shoots up 55 pc (YoY) to Rs 6,504 Cr, NII increases 3.74 pc
Aug 05, 2021, at 01:09 am
Mumbai/IBNS: India's largest bank SBI posted a net profit at Rs 6,504 crore, up 55.25 per cent year-on-year (YoY), in the quarter ended June 30, 2021, compared to Rs 4,189.34 crore in the same quarter of the last fiscal year.
State Bank of India up by 1.92 pc to Rs 432.70
Jul 05, 2021, at 10:43 pm
Mumbai/UNI: SBI on Monday rose by 1.92 pc to Rs 432.70 a major gainer in 30 scrips of BSE.
State Bank of India reports Net Profit of Rs. 6,451 Crores in Q4FY21
May 21, 2021, at 11:20 pm
Kolkata: State Bank on Friday reported a Net Profit of Rs. 6,451Crores in Q4FY21 as compared to Rs.3,581 Crores in Q4FY20, an increase of 80.15% year on year.
State Bank of India up by 7.10 pc to Rs 333.20
Feb 02, 2021, at 10:04 pm
Mumbai/UNI: The State Bank of India (SBI) on Tuesday rallied by 7.10 pc to Rs 333.20, a major gainer in 30 scrips of BSE.
State Bank of India to issue electoral bonds from Jan 1-10
Dec 30, 2020, at 12:06 am
New Delhi/UNI: Electoral bonds will be issued by State Bank of India's 29 authorised branches across the country from January 1-10, 2021, the finance ministry said on Tuesday.
State Bank of India declines by 4.46 pc to Rs 194.90
Sep 10, 2020, at 02:02 am
Mumbai/UNI: SBI on Wednesday dropped by 4.46 pc to Rs 194.90 pc a major loser in 30 scrips of BSE.
Dinesh Khara recommend for the post of new SBI Chairman
Aug 29, 2020, at 09:09 pm
Mumbai/IBNS: The Banks Board Bureau (BBB) has recommended Dinesh Kumar Khara as the next Chairman of State Bank of India, said media reports.
SBI reports 81 pc increase in net profit in Q1FY21
Jul 31, 2020, at 09:17 pm
Mumbai/IBNS: India's largest public sector lender State Bank of India on Friday reported a net profit of Rs 4,189.4 crore in June quarter of FY21, up by 81 per cent year-on-year (y-oy), owing to the increase in net interest income.
State Bank of India initiates steps to recover $158 million from Anil Ambani
Jun 15, 2020, at 03:52 pm
Mumbai/IBNS: State Bank of India is taking steps to recover the two guarantees furnished by former billionaire Anil Ambani, which according to a news report is worth over $158 million, according to news reports.
State Bank of India to conduct virtual General Meeting on June 17
Jun 10, 2020, at 03:46 pm
Mumbai/IBNS: India's largest lender SBI is set to hold its virtual GM on 17th June 2020 at 3.00 p.m. via Video Conferencing (VC)/Other Audio-Visual Means (OAVM) as per guidelines issued by the Ministry of Corporate Affairs and SEBI.