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The Latest Breaking News from SBI

Business: SBI net profit dips 7 pc to Rs 6,068 cr in Q1

The bank had reported a net profit of Rs 6,504 crore in the April-June quarter of 2021-22. Read More on Dynamite News:

Dynamite News

Explainer: The worst of rupee's decline may be over

NEW DELHI: The worst of rupee's decline may be over as the US Federal Reserve may dial down the pace of monetary tightening in the second half of 2022, a report by SBI Research said. The Indian currency has depreciated almost 7% against the US dollar so far in this…

The Times of India

‘Calicut varsity incurred losses by depositing funds in bank’

Interest rates given were less than that of treasury accounts, says AG’s report

The Hindu

From analysis to the latest developments in health,
read the most diverse news in one place.

SBI donates ambulance to UoH

HYDERABAD

The Hindu

Spread word on Atal Pension Yojana, banks urged

HYDERABAD

The Hindu

Only 50% farmers benefited from farm loan waivers, finds study

The SBI study flags poor implementation rate in Telangana, M.P., Jharkhand, Punjab, Karnataka and U.P.

The Hindu

CBI registers case against private company on SBI’s complaint alleging loss of ₹1,438.45 crore

The investigative agency said it conducted searches at three premises of the accused in Mumbai and Pune which led to recovery of incriminating documents/articles

The Hindu

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Bangalore University retired professor sues bank after losing Rs 13 lakh to conmen, wins refund

BENGALURU: A retired Bangalore University (BU) professor had not opted for net banking or mobile banking but lost his retirement funds of nearly Rs 13 lakh from his savings bank account to online fraudsters. Denied a refund, the 65-year-old man approached a city consumer court, which has now ordered the…

The Times of India

SBI donates van to CR Foundation

HYDERABAD

The Hindu

SBI to offer collateral-free assistance up to ₹2 crore to start-ups

SBI to float dedicated branches for start-ups, will open its first exclusive start-up branch at Innovation Tower, HSR Layout, Bengaluru. It will open more such branches in Mysuru, Mangaluru, Hubballi and Belagavi

The Hindu

Nagarjun stars in FCI’s big win in CHA Super Division League

CHENNAI: Nagarjun scored a brace (53rd 58th) as Food Corporation of India thumped Sports Authority of India 6-1 in the CHA Super Division League match at the Mayor Radhakrishnan Stadium here on Tuesday. In the other match of the day, Sports Development Authority of Tamil Nadu blanked Southern Railway 3-0.

The Times of India

Bengaluru: Cop’s wife attacks SBI branch with machete

BENGALURU: Around 6pm on June 22, staffers at State Bank of India (SBI) in Devanahalli were preparing to down the shutters when they had the shock of their life: A woman, wielding a machete, entered the compound and began abusing bank officials loudly for seizing her house as she had…

The Times of India

Andhra Pradesh: Chief Secretary discusses welfare schemes with SBI CGM

VIJAYAWADA

The Hindu

SBI hikes minimum interest rate on home loans to 7.55%

MUMBAI: The country's largest lender State Bank of India has hiked the minimum interest rates for home loans to 7.55 per cent effective Wednesday.

The Times of India

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The Times of India

SBI hikes deposit, lending rates

NEW DELHI: The country's largest lender SBI has raised its deposit and lending rates following the Reserve Bank's repo rate hike last week.

The Times of India

RBI much ahead in containing inflation: SBI report

NEW DELHI: The Reserve Bank is much ahead of the curve in containing inflation, which appeared to have peaked, though it may go for an interest rate hike in August and October, said an SBI research report on Monday.

The Hindu

Banks sanction ₹ 222 crore loans at Azadi Ka Amrit Mahotsav programme

HYDERABAD

The Hindu

AKAM coins available at select SBI branches

HYDERABAD

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news in one place.

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The Times of India

GDP numbers a positive surprise, says SBI report

NEW DELHI: The gross domestic product (GDP) numbers released by the Centre on Tuesday do not disappoint much, instead it inspires the market, economists at the State Bank of India (SBI) said in a report.

The Times of India

Tata Group most valuable Indian brand: Top UK firm

NEW DELHI: The Tata Group remains the most valuable Indian brand and its oldest company — Taj Hotels — has emerged as the strongest brand in India, according to UK-based Brand Finance (BF), which is the world's leading sectoral valuation consultancy.

The Times of India

All twice mucked up: Gujarat man gets double cut

AHMEDABAD: A glitch in an ATM transaction wherein a man's account was debited of Rs 20,000 despite the fact that his first attempt to withdraw Rs 10,000 failed has led to a legal battle between two banks – the Bank of India (BOI) and the State Bank of India (SBI)…

The Times of India

India created 146 lakh payroll in FY22; formalisation rate at 8%: Report

NEW DELHI: Bucking the slump created by Covid-19 pandemic since the past 2 years, India created 146 lakh payroll in financial year 2021-22, a report by State Bank of India (SBI) economists showed on Friday.

The Times of India

SBI economists peg Q4 GDP growth at 2.7%, FY22 expansion at 8.5%

MUMBAI: Upcoming release of official data for economic performance is likely to register a 2.7 per cent growth for the January-March period, and the FY22 growth is expected to be 8.5 per cent, economists at SBI said on Thursday.

The Times of India

Explained: Why inflation in India will take time to moderate even after rate hikes

NEW DELHI: At a time when major economies are bracing up with measures to control soaring prices of essential commodities, a report by State Bank of India (SBI) economists cautioned that India's inflation internals are much different than those of advanced economies like the US.

Dynamite News

Business: SBI raises lending rate by 0.1%; EMIs to go up

The State Bank of India (SBI) has raised its marginal cost of funds based lending rate by 10 basis points or 0.1 per cent across all tenures leading to an increase in EMIs for borrowers. Read morw on Dynamite News:

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