SBI
- India
India to reach upper middle-income status by 2030: SBI research
New Delhi: India is set to touch $4,000 per capita income in another four years, in 2030, to transition to an upper middle income country and join China and Indonesia at the…
- Stock Market
Mcap of 7 of top-10 most valued firms surges Rs 1.23 lakh cr
New Delhi: The combined market capitalisation of seven of the top-10 most-valued firms surged Rs 1,23,724.19 crore last week, in line with an optimistic trend in equities, with Reliance Industries stealing the…
- Hyderabad
ED restores properties worth Rs 63 crore to SBI, UCO Bank in GS Oil Limited case
Hyderabad: The Directorate of Enforcement (ED) restored properties valued at Rs 63.05 crore to the State Bank of India and UCO Bank in connection with a money laundering investigation against G. S.…
- Business
Sebi mulls relaxed framework for issuing duplicate securities certificates
New Delhi: In a bid to ease investor compliance and eliminate inconsistencies in documentation, Sebi has proposed doubling the monetary threshold for simplified documentation required to issue duplicate securities to Rs 10…
- India
In RBI’s move to curb cyber frauds, all major banks shift to .bank.in website domain
To curb the increasing number of cybercrime incidents and online banking frauds, the Reserve Bank of India (RBI) has decided to change the website domain names of all major banks in India,…
- Technology
3 Indian banks to be among global top-10 lenders in m-cap by 2030: Setty
Mumbai: SBI’s chairman CS Setty on Friday said the country’s largest state-owned bank and two other private sector lenders will be among the top-10 banks globally by market capitalisation by 2030. Speaking…
- Hyderabad
CBI court in Hyderabad jails SBI staffer for 2 yrs in Rs 50 lakh loan fraud
Hyderabad: A CBI court in Hyderabad sentenced a computer operator at SBI in Chandulal Baradari Branch to two years’ rigorous imprisonment (RI) with a fine of Rs 36,000 in a bank fraud…
- Business
SBI receives ‘World’s Best Consumer Bank 2025’ award from Global Finance
New Delhi: State Bank of India (SBI) has received two prestigious awards from New York-based Global Finance at an event held during the World Bank/IMF annual meetings. The country’s largest lender bagged…
- 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…
