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Senior citizens need govt support for social security: SBI Ecowrap

New Delhi, April 16 | With country's population of old set to double over the next few decades, government should look to provide complete...

SBI says charge on cash withdrawals to stay, digital transactions exempted

New Delhi, April 15 | The country's largest bank, State Bank of India, on Thursday said that the bank has retained charges on cash...

Yes Bank, SBI Cards top bought large cap stocks for MFs...

Mumbai, April 13 | As equity linked mutual funds schemes witnessed net inflows for the first time in nine months in March, Yes Bank,...

SBI, NPCI launch UPI awareness campaign for YONO users

New Delhi, April 8 | The country's largest lender State Bank of India (SBI) and the umbrella body of retail and digital payments National...

MoneyGram Announces Three-Year Extension to Partnership with SBI Remit in Japan

For over a decade, MoneyGram and SBI Remit have delivered innovative and affordable money transfer services to meet the evolving needs of their combined...

SBI raises additional $1B untied loan with JBIC

Mumbai, March 31 | Lending major State Bank of India (SBI) has entered into a loan agreement amounting up to $1 billion with Japanese...

SC approves SBI MF plan for Franklin Templeton schemes

New Delhi, March 19 | The Supreme Court on Thursday accepted the standard operating procedure (SOP) statement prepared by SBI Funds Management for disposal...

Petrol at Rs 75 and diesel Rs 68 a litre in...

New Delhi, March 4 | Consumers can be spared from a rally in retail prices of petrol and diesel if the two auto fuels...

SBI reduces home loan interest rates to 6.70%

Mumbai, March 1 | Lending major State Bank of India on Monday announced a limited period 'home loan' offer entailing a concession of up...

Hackers hit SBI users with text phishing scam

New Delhi, March 1 | Several users of the State Bank of India (SBI) have been targeted with a phishing scam where hackers have...

SBI Payments to expand digitisation of merchant payments

New Delhi, Feb 20 | Lending major State Bank of India's subsidiary SBI Payments on Saturday said it plans to deploy low-cost acceptance infrastructure...

FTMF’s shut schemes: SBI Funds to distribute Rs 9,122 cr next...

New Delhi, Feb 11 | In relief to unit holders of the shut schemes of Franklin Templeton India, SBI Funds Management Pvt Ltd will...

SBI Fund Management seeks shield from liability in FTMF fund disbursement

New Delhi, Feb 9 | The Supreme Court has clarified that SBI Fund Management, and not SBI Mutual Funds, will be responsible for distribution...

SBI Q3 FY21 net profit down 7% YoY

Mumbai, Feb 4 | Lending major State Bank of India (SBI) on Thursday reported a decline of 6.93 per cent in net profit for...

SBI offers further interest concession on home loans

Mumbai, Jan 8 | With an aim to offer attractive concessions to the home buyers, country's largest lender, State Bank of India (SBI) has...

SBI raises $600mn via ‘Regulation S’ bonds

Mumbai, Jan 7 | Lending major State Bank of India has raised $600 million of "Regulation S" bonds at a coupon rate of 1.80...

SBI Life and Apollo join the race for RCap assets (Ld)

New Delhi, Dec 22 | Reliance Capital's (RCAP) expression of interest (EOI) for asset monetisation garnered mega response with 70 bids being received. SBI...

SBI Life and Apollo join the race for RCap assets

New Delhi, Dec 22 | Reliance Capital's (RCAP) expression of interest (EOI) for asset monetisation garnered mega response with 60 bids being received. SBI...

Your chance to bid for best property with SBI mega e-auction...

New Delhi, Dec 20 | State Bank of India (SBI) is holding a mega e-auction of properties on December 30.SBI said in a tweet...

India’s GDP contraction expected to narrow down: SBI Ecowrap

New Delhi, Dec 16 | India's GDP contraction due to the impact of Covid pandemic is expected to narrow down to (-)7.4 per cent...

SBI Arakkonam branch names and shames education loan borrowers

By Venkatachari JagannathanChennai, Dec 14 | The State Bank of India (SBI) in Tamil Nadu is at it again in naming and shaming of...

Manufacturing GVA growth in Q2 ‘surprising’: SBI Report

New Delhi, Nov 28 | The manufacturing sector played a major role in narrowing down the India's GDP contraction in Q2 of FY21. An...

French giant Amundi threatens to divest SBI bonds if loan granted...

New Delhi, Nov 28 | One of the State Bank of India (SBI)'s investors, French giant Amundi has announced that it would sell...

RBI should let rupee appreciate to reduce imported inflation: SBI Ecowrap...

New Delhi, Nov 25 | The Reserve Bank should let rupee appreciate to reduce imported inflation, a SBI Ecowrap report said on Wednesday.According to...

Q2FY21 GDP contraction expected at 10.7%: SBI Ecowrap

New Delhi, Nov 20 | India's Q2FY21 GDP contraction is expected to come in at (-)10.7 per cent, an SBI Ecowrap report said on...

SBI set to offer Rs 5000 crore loan to Adani coal...

New Delhi, Nov 17 | The State Bank of India is set to offer a Rs 5,000-crore loan to Adani Enterprises Ltd's Australian mining...

SBI adopts 15 tigers at Hyderabad Zoo

Hyderabad, Nov 13 | The State Bank of India, Hyderabad Circle, has come forward to adopt 15 tigers at Nehru Zoological Park...

SBI’s Q2FY21 net profit rises over 51% (Ld)

Mumbai, Nov 4 | Lending major State Bank of India on Wednesday reported a rise of 51.88 per cent in its standalone net profit...

Paytm teams up with SBI Card to launch co-branded credit cards

New Delhi, Nov 4 | Leading digital financial services platform Paytm and SBI Card on Wednesday said they have joined hands to launch co-branded...

SBI’s Q2FY21 net profit rises over 51%

Mumbai, Nov 4 | Lending major State Bank of India on Wednesday reported a rise of 51.88 per cent in its standalone net profit...

SBI raises $1bn JBIC loan to finance Japanese auto entities in...

New Delhi, Oct 28 | Country's largest commercial bank, State Bank of India (SBI) has signed a loan agreement amounting to up to $1...

SBI Card’s bad loans surge amid pandemic

Mumbai, Oct 23 | Amid financial stress among borrowers in view of the ongoing coronavirus pandemic, SBI Cards and Payments reported a rise in...

Conditional fiscal stimulus at minimal 0.2% of GDP: SBI Ecowrap

New Delhi, Oct 13 | The latest stimulus measures announced by the Centre will lead to a maximum additional cash outgo of Rs 40,000...

Dinesh Kumar Khara takes charge as SBI Chairman

New Delhi, Oct 7 | Dinesh Kumar Khara on Wednesday took charge as the new Chairman of the State Bank of India (SBI) for...

Dinesh Khara appointed new SBI Chairman

New Delhi, Oct 6 | The Centre on Tuesday appointed Dinesh Kumar Khara as the new Chairman of State Bank of India (SBI).Khara's appointment...

Consolidated Centre, state fiscal deficit may touch 13% of GDP: SBI...

New Delhi, Oct 1 | The FY21 consolidated fiscal deficit of the Centre and state governments might touch 13 per cent of GDP, said...

SBI waives processing fee on select retail loans

New Delhi, Sep 28 | To enlarge retail loans and online business, lendin g major SBI on Monday announced a 100 per cent waiver...

SBI plans to use biz correspondents for collection activities

New Delhi, Sep 25 | Lending major State Bank of India (SBI) will use its vast network of business correspondents for collection activities as...

Rate cuts have not spurred investment: SBI Chairman

New Delhi, Sep 22 | State Bank of India chairman Rajnish Kumar on Tuesday said that interest rate cuts had not led to an...

Google Pay adds tap to pay feature for Axis, SBI card...

New Delhi, Sep 21 | Google Pay in collaboration with Visa and banking partners on Monday rolled out tokenisation across its platform, enabling users...

Relief for Anil Ambani as SC dismisses SBI plea

New Delhi, Sep 17 | The Supreme Court on Thursday dismissed a plea by the State Bank of India (SBI) seeking a vacation of...

SBI General Insurance, YES Bank sign corporate agency agreement

New Delhi, Sep 14 | General insurer SBI General and private sector bank YES Bank have signed a Corporate Agency Agreement for the distribution...

Expanding operations, require more workforce, says SBI

New Delhi, Sep 7 | The State Bank of India (SBI) on Monday said it plans to recruit more than 14,000 employees this year.According...

Bank official gunned down in Manipur, Rs 1.15 cr robbed

Imphal, Sep 4 | An official of the State Bank of India (SBI) was shot dead and Rs 1.15 crore was looted in southern...

FY21 likely to see negative double digit real GDP growth: SBI...

New Delhi, Sep 1 | Even as the country's economic growth contracted by 23.9 per cent in Q1FY21, preliminary estimates indicate the fiscal will...

More trouble for MIAL as SBI likely to appoint forensic auditor

New Delhi, Aug 23 | More trouble is brewing for GVK Infrastructure and Power, including Mumbai International Airports Limited (MIAL) after the action by...

Now gift an accident insurance policy, courtesy SBI General Insurance

New Delhi, Aug 18 | In a unique initiative, SBI General Insurance launched the first-of-its-kind 'Shagun' policy, which enables gifting of personal accident cover.According...

FY21 GDP contraction already crosses 6.8%: SBI Ecowrap

New Delhi, Aug 17 | India's FY21 GDP contraction has already crossed the (-) 6.8 per cent mark for 2020-21, SBI Ecowrap report said...

SEBI fines SBI, LIC, BoB for violation of mutual fund norms

Mumbai, Aug 14 | The Securities and Exchange Board of India (SEBI) on Friday imposed penalties of Rs 10 lakh each on the...

SBI’s Q1FY21 net profit up 81%

Source: IANS

Business

Airtel Payments Bank increases day-end balance limit to Rs 2 lakh

New Delhi, April 18 | In line with the Reserve Bank of India's (RBI) guidelines, Airtel Payments Bank on Sunday announced that it has...