SBI
- India
Rs 1 cr accidental death cover for Railway staff with SBI accounts
New Delhi: The Indian Railways on Monday signed a Memorandum of Understanding (MoU) with State Bank of India to provide significant insurance cover for its employees and their families, an official statement…
- Telangana
Telangana police recover 15 kg gold, arrest 44 in massive SBI fraud
Hyderabad: In a major fraud bust, the Ramagundam police arrested 44 persons, including three employees of the State Bank of India (SBI), on charges of misappropriation and theft of 25.17 kilograms of…
- India
Bank of India tags Anil Ambani, RCom accounts as ‘fraud’
Mumbai: Days after the State Bank of India (SBI) declared Reliance Communications’ (RCom) accounts as ‘fraud’, the Bank of India (BOI) has also classified the loan accounts of the company, its promoter…
- Business
With inflation set to top 2pc, SBI sees RBI rate cut in December as difficult
New Delhi: As August inflation print likely to top 2 per cent and be closer to 2.3 per cent, a rate cut by the Reserve Bank of India (RBI) in October looks…
- India
SBI General Insurance, Mutual Fund under consideration for IPO
Hyderabad: SBI Chairman C S Setty on Saturday said that SBI General Insurance and SBI Mutual Fund are under consideration for public listing, though no specific timeline has been decided. Setty made…
- Business
Three-day RBI MPC meeting begins on Monday
New Delhi: The much-awaited Reserve Bank of India’s Monetary Policy Committee (MPC) meeting from August 4-6 comes at a time when the global economy is facing fresh challenges amid US tariffs —…
- Andhra Pradesh
Burglars strike SBI bank branch without guard in Andhra
Hindupur: Burglars struck at an SBI bank branch without a guard in Andhra Pradesh and decamped with 10 kg gold and Rs 38 lakh cash, said a police official on Tuesday. The…
- India
SBI raises Rs 25,000 crore, CET1 capital rises to 11.50 pc post QIP
Mumbai: The State Bank of India on Monday announce the successful completion of the qualified institutional placement (QIP) of its equity shares, raising Rs 25,000 crore. The equity shares were priced at…
- Business
SBI sets floor price at Rs 811.05 for its Rs 20,000 crore bonds
New Delhi: State Bank of India (SBI), the country’s largest public sector lender, on Wednesday set the floor price at Rs 811.05 per equity share for its Rs 20,000 crore bonds. The…
- Business
SBI celebrates 70 years with Rs 66 lakh crore balance sheet
Mumbai: The State Bank of India (SBI), the nation’s largest financial institution, is celebrating its 70th year of operations with a balance sheet that has soared to Rs 66 lakh crore and…
- Business
Cumulative rate cuts of 125-150 bps estimated in FY26: SBI report
New Delhi: The benign inflationary patterns suggest an aggressive rate cut trajectory by the Reserve Bank of India, with key policy rate likely to breach the ‘Neutral’ rate by March 2026, an…
- Business
SBI Q4 profit declines as margins fall; expects tariffs to impact loan growth in FY26
Mumbai: State Bank of India on Saturday reported an 8.34 per cent decline in its consolidated net profit to Rs 19,600 crore for the January-March quarter compared to Rs 21,384 crore a…
- Business
SBI, Citi unveil $295 million social loan to empower local smallholder farmers in India
Mumbai: State Bank of India (SBI) and Citi on Thursday announced a social loan facility of $295 million to support smallholder farmers in India. The financing is specifically directed towards smallholder farmers…
- Telangana
Telangana HC questions SBI over role in Rs 5 cr cyber fraud in single day
Hyderabad: The Telangana High Court is scrutinizing the role of banks in cyber fraud cases, particularly focusing on the State Bank of India (SBI) Keezhmad branch in Ernakulam, Kerala. Justice NV Shravan…
- Hyderabad
Hyderabad: Gang robs over 29 lakh from SBI ATM, arrested by Rachakonda police
Hyderabad: Rachakonda police apprehended a gang of five offenders involved in stealing Rs 29.69 lakh from an SBI ATM in Ravirala village. The robbery took place on March 2 when the gang…