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State Bank Of India

SBI Joins India’s First Cross-Border Real-Time UPI-PayNow Payments System With Singapore 

State Bank of India’s (SBI) BHIM SBIPay mobile application will now be available for real-time payments between India and Singapore

22 February 2023

SBI Profit Rises 68% To Rs 14,205 Crore In December Quarter On Lower Provisions For Bad Loans

The bank's net interest income or the difference between interest earned on loans and expended on deposits rose 24 per cent to Rs 38,069 crore compared with Rs 30,687 crore during the same period last year

03 February 2023

Moody's Affirms Deposit Rating Of SBI, Upgrades For PNB, BoB, Canara Bank

Moody's Affirms Deposit Rating Of SBI, Upgrades For PNB, BoB, Canara Bank

The outlooks on long-term ratings of all the four banks remain stable, Moody's Investors Service said in a statement

20 January 2023

SBI Loans To Get Costlier As Bank Hikes Lending Rates By 10 Basis Points

Its overnight MCLR increased to 7.95 per cent, one-month and three-month MCLR rates to 8.10 per cent, and six-month MCLR was revised from 8.30 per cent to 8.40 per cent.

15 February 2023

Canara Bank

Canara Bank To Sell Its Stake In Russian Joint Venture To SBI For Rs 114 Crore

Canara Bank has entered into a share sale agreement in relation to sale of equity shares held by it in Moscow-based CIBL with SBI

21 January 2023

Mobile, Internet Connectivity Key To India's Robust Financial Inclusion: SBI Chief

Khara said that his and other banks have created a robust system of digital banking that help people get access to their banking needs in real time.

19 January 2023

Banks' Exposure To Adani Group "Insufficient", Face Limited Risk: Fitch

Fitch said banks could have some unreported non-funded asset exposure, such as commitments or through holdings of Adani group bonds or equity, particularly as collateral

07 February 2023

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State Bank Of India Raises Rs 9,718 Crore In Second Tranche Of Infra Bonds

The fund proceeds will be utilised for enhancing long-term resources for funding infrastructure and affordable housing, the bank said in a statement

18 January 2023

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17 January 2023
Bank Of India Q3 Profit Up 12% To Rs 1,151 Crore

Bank Of India Q3 Profit Up 12% To Rs 1,151 Crore

Total income increased to Rs 14,159.60 crore in the latest December quarter from Rs 11,211.14 crore in the year-ago period, BoI said in a regulatory filing


11 January 2023
Government Extends Tenure Of SBI MD Setty By 2 Years

Government Extends Tenure Of SBI MD Setty By 2 Years

In a regulatory filing, SBI said the government issued a notification to this effect on January 10


11 December 2022
Govt Asks Trade Bodies, Banks To Explore More Countries For Trade In Rupee

Govt Asks Trade Bodies, Banks To Explore More Countries For Trade In Rupee

Indian banks have already opened special vostro rupee accounts (SVRA) with banks of these three nations, operationalising the rupee trade arrangement


09 December 2022
SBI Board To Take Call On Raising Capital Via Bonds

SBI Board To Take Call On Raising Capital Via Bonds

SBI announced that its personal banking advances, excluding high-value home loans, have crossed the Rs 5 lakh crore mark


06 December 2022
SBI Card Updates Rewards Point Policy For Certain Credit Cards Starting January 1

SBI Card Updates Rewards Point Policy For Certain Credit Cards Starting January 1

The rewards point policy of SBI Card, a pure-play credit card provider, will change. Coupons for Cleartrip can only be used once per transaction and cannot be...


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05 December 2022
Electoral Bonds Open For Sale At 29 SBI Branches From Today

Electoral Bonds Open For Sale At 29 SBI Branches From Today

Electoral Bonds can be purchased by a person who is a citizen of India or incorporated or established in India. The Finance Ministry has given authority to the...


04 December 2022
Punjab & Sind Bank Aims At CASA Ratio Of 35% By March

Punjab & Sind Bank Aims At CASA Ratio Of 35% By March

CASA ratio, the low cost deposit base, of the state-owned bank stood at 33.36 per cent (Rs 35,102 crore) at the end of September, 2022. Higher CASA ratio...


02 December 2022
How SBI Foundation Is Empowering India By Empowering Its Women

How SBI Foundation Is Empowering India By Empowering Its Women

One of the 12 thematic areas that our fellows have shown keen interest in and implemented several successful interventions, in-line with the United Nations’s...


29 November 2022
Same PAN Is Allotted To Two Persons, HC Asks The Income Tax Department To Respond

Same PAN Is Allotted To Two Persons, HC Asks The Income Tax Department To Respond

In a peculiar case, the Delhi High Court sought the Income Tax Department's response Tuesday on a claim by a man that his Permanent Account Number (PAN) had...


26 November 2022
SBI Reports Highest Profit, Broking Houses Lauding Us: Chairman

SBI Reports Highest Profit, Broking Houses Lauding Us: Chairman

For the first time, SBI registered the highest-ever profits recorded by any corporate house, Khara said


25 November 2022
SBI Recruitment 2022: SBI Is Hiring Specialist Cadre Officers. Check Salary Package, Dates, Qualifications And Other Details Here

SBI Recruitment 2022: SBI Is Hiring Specialist Cadre Officers. Check Salary Package, Dates, Qualifications And Other Details Here

SBI Recruitment 2022: The Specialist Cadre Officer will be responsible for the analysis and evaluation of credit proposals, including adhoc facilities,...


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23 November 2022
CV Ananda Bose Takes Oath As West Bengal Governor

CV Ananda Bose Takes Oath As West Bengal Governor

CV Ananda Bose on Wednesday took oath as the new governor of West Bengal.


13 November 2022
ATM Containing Rs 10 Lakh Stolen In Udaipur RJ-ATM Udaipur, Nov 13 Unidentified Miscreants Uprooted State Bank Of India's Cash'

ATM Containing Rs 10 Lakh Stolen In Udaipur RJ-ATM Udaipur, Nov 13 Unidentified Miscreants Uprooted State Bank Of India's Cash'

Police in the Udaipur district said some unidentified people dismantled a State Bank of India ATM and took it away.


10 November 2022
SBI Customers Warned Of Fake SMS Requesting PAN Update: Here's How To Avoid Smishing Attack

SBI Customers Warned Of Fake SMS Requesting PAN Update: Here's How To Avoid Smishing Attack

Government warns State Bank of India (SBI) customers of fraudulent SMS, asking them to share their permanent account number (PAN) details.


08 November 2022
SBI Report Says Banks Inadequately Pricing Risks As They Scurry To Garner Deposits And Lend More

SBI Report Says Banks Inadequately Pricing Risks As They Scurry To Garner Deposits And Lend More

Liquidity crunch is primarily because the Reserve Bank has been sucking out funds from the system as it fights to tame inflation which has been much above its...


07 November 2022
SBI Shares Jump Over 3% On Strong Quarterly Earnings

SBI Shares Jump Over 3% On Strong Quarterly Earnings

The stock rose 3.44 per cent to settle at Rs 614.20 apiece on the BSE


07 November 2022
State Bank of India Hits Record High After Posting Highest Quarterly Profit In Q2

State Bank of India Hits Record High After Posting Highest Quarterly Profit In Q2

SBI's net profit in second quarter of the current financial year rose 74 per cent to Rs 13,265 crore from Rs 7,626.57 crore during the same period last year.


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