Russia-Ukraine War: SBI halts trade with sanctioned Russian entities
Mar 02, 2022, at 01:18 am
State-run lender State Bank of India has said it has suspended transactions involving Russian entities in the wake of international sanctions, media reports said.
SBI moves down 1.83 pc to Rs 530.20
Feb 04, 2022, at 11:00 pm
Mumbai/UNI: SBI on Friday declined 1.83 per cent to Rs 530.20, a major loser in the 30 scrips of the Bombay Stock Exchange (BSE).
SBI to not levy service charge on online IMPS transactions up to Rs 5 lakhs
Jan 05, 2022, at 05:26 am
Mumbai/IBNS: Public sector lender State Bank of India Tuesday said it would not levy any service charge on online Immediate Payment Service (IMPS) transactions up to Rs 5 lakh.
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).
LIBOR Transition: SBI ready to switch to new interest benchmark
Dec 31, 2021, at 05:17 am
Mumbai/IBNS: The country's largest public-sector lender State Bank of India Thursday said it is all set to implement the new interest benchmark with the cessation of the traditional London Interbank Offered Rate (LIBOR) for its daily business and product pricing.
State Bank of India down 1.45 pc to Rs 454.25
Dec 29, 2021, at 10:55 pm
Mumbai/UNI: SBI on Wednesday fell by 1.45 pc to Rs 454.25 a major loser in 30 scrips of BSE.
SBI predicts real GDP growth for FY22 to be higher than 9.5 pc
Dec 01, 2021, at 10:53 pm
New Delhi/UNI: The real Gross Domestic Product (GDP) would be higher than the Reserve Bank of India (RBI)'s estimate of 9.5 per cent for financial year 2022, a report said here on Wednesday.
SBI deepens partnership with TCS to drive innovation and enhance customer experience
Oct 06, 2021, at 11:52 pm
New Delhi: Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, has announced that its long-standing partnership with State Bank of India (SBI), India’s largest bank, has been extended for another five years as the bank embarks on its next leg of growth based on the three pillars of technology, resilience and people.
SBI and Indian Navy launch NAV-eCash Card
Oct 04, 2021, at 09:55 pm
New Delhi: Taking Digital India at high seas, Indian Navy and State Bank of India (SBI) launched SBI’s NAV-eCash Card onboard India’s largest Naval Aircraft Carrier INS Vikramaditya.
India needs 4-5 more banks of SBI’s size, says FM Nirmala Sitharaman
Sep 26, 2021, at 08:56 pm
Mumbai/UNI: Stressing the need for bigger banks in the country, Finance Minister Nirmala Sitharaman on Sunday said that India needs 4-5 banks of the size of State Bank of India (SBI) in the wake of new requirements.
SBI organizes COVID-19 vaccination drive in Mumbai
Aug 25, 2021, at 12:14 am
Mumbai: State Bank of India organized a vaccination camp for the benefit of slum dwellers on August 21, 2021.
Extend financial support to youth: Jammu and Kashmir LG Manoj Sinha to SBI Chairman
Aug 19, 2021, at 09:42 pm
Srinagar: Lieutenant Governor (LG) Manoj Sinha on Tuesday asked the Chairman of the State Bank of India, Dinesh Kumar Khara to extend financial handholding to the youth through various schemes and interventions.
Its raining offers from SBI for its retail customers
Aug 16, 2021, at 11:18 pm
New Delhi: As the country is celebrating Azadi Ka Amrit Mahotsav – which is a GOI’s initiative to commemorate 75 years of Indian independence – the country’s largest bank State Bank of India (SBI) is also geared up to provide an array of offerings on its retail loans and deposits to its customers.
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 registers its highest quarterly Net Profit of Rs. 6,504 Crores in Q1FY22
Aug 04, 2021, at 10:36 pm
Kolkata/UNI: State Bank of India (SBI) has registered its highest quarterly Net Profit of Rs. 6,504 Crores in Q1FY22.
SBI General Insurance launches 'Arogya Supreme' Health Insurance plan
Jul 08, 2021, at 08:28 pm
New Delhi/UNI: SBI General Insurance, one of India’s leading general insurers, has announced the launch of a comprehensive health insurance plan named ‘Arogya Supreme’ on Thursday.
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.
SBI launches 360 dedicated Current Account Service Points
Jul 01, 2021, at 11:54 pm
New Delhi/IBNS: State Bank of India, the country’s largest lender on the occasion of its 66th Bank Day, has launched a dedicated counter across its 360 select branches nationally catering to Current Account customers.
State Bank of India up by 2.73 pc to Rs 412.05
May 24, 2021, at 10:54 pm
Mumbai/UNI: SBI on Monday rose by 2.73 pc to Rs 412.05 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.
SBI allocates Rs. 70 Crore to combat the 2nd wave of COVID-19
May 03, 2021, at 08:39 pm
Mumbai: True to its vision and mission to support the country in fighting with adverse situations, State Bank of India (SBI) has allocated Rs. 71 Crore, to undertake various support initiatives to help the country combat the second wave of COVID-19.
SBI reduces Home Loan Interest Rates to 6.70%
May 01, 2021, at 11:52 pm
Mumbai: State Bank of India (SBI) is now offering exclusive interest rates on Home Loans starting from 6.70% onwards.
SBI General Insurance reports 22 pc growth in GWP
Apr 30, 2021, at 10:45 pm
Kolkata/UNI: SBI General Insurance, one of India’s leading general insurance companies, today announced its financial results with a Net Profit of Rs. 544 crore and Gross Written Premium (GWP) of Rs. 8312 crore in FY 20-21. The company’s GWP grew by 22% where the general insurance industry has shown a growth of 5.2%. In its 11 years of operations, the company has shown steady growth for the past 4 years, while maintaining positive track record of underwriting.
SBI moves up 2.25 pc to Rs 358.45
Apr 07, 2021, at 10:42 pm
Mumbai/UNI: SBI on Wednesday moved up by 2.25 pc to Rs 358.45, becoming major gainer in 30 scrips of BSE.
SBI launches 2nd edition of YONO Super Saving Days
Mar 03, 2021, at 10:59 pm
Kolkata/UNI: State Bank of India (SBI), the country’s largest lender has announced the launch of the 2nd edition of its unique shopping carnival - ‘YONO Super Saving Days’.
SBI reduces Home Loan Interest Rates to 6.70 pc
Mar 01, 2021, at 11:18 pm
Kolkata/UNI: The country’s largest lender State Bank of India (SBI) has sweetened the offers on Home Loans and now offers interest concession of upto 70 bps with interest rates starting from 6.70% onwards (limited period offer ending on 31st March’21).
SBI General Insurance signs Corporate Agency Agreement with Indian Overseas Bank
Mar 01, 2021, at 11:16 pm
Mumbai/UNI: SBI General Insurance, one of the leading General Insurance Companies in India, and Indian Overseas Bank (IOB), a major public sector bank has signed a bancassurance agreement for distribution of non-life offerings.
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 conducts blood donation camps across the country
Jan 25, 2021, at 09:13 pm
Mumbai: India's largest lender, State Bank of India (SBI), has conducted nation-wide blood donation camps.