The Latest Breaking News from State Bank of India

JPC on FCRA Amendment bill to hold second meeting tomorrow

The Joint Parliamentary Committee is preparing for its second meeting to discuss the Foreign Contribution (Regulation) Amendment Bill, 2026. Members will receive briefings from officials of the Ministries of Home Affairs and Law and Justice. Stakeholders, including the State Bank of India Chairman, will also share their views during the…

The Economic Times · 17h ago

Are all banks open on Sunday, September 27, 2026? Check status ahead of three-day bank strike

Customers can visit public sector banks and Regional Rural Banks on September 27, as they will remain operational ahead of the impending strike from September 28 to 30. The State Bank of India has confirmed that their branches will be accessible this Sunday. It's recommended that customers rely on digital…

The Economic Times · Sep 25

SBI ATM charges to be waived during proposed bank strike of September 28-30: What customers need to know

As the nation prepares for a bank strike from September 28 to September 30, 2026, the State Bank of India has decided to eliminate ATM charges for transactions during this time. Although branches will continue to operate, customers should prioritize completing necessary transactions beforehand and consider using digital banking options.

The Economic Times · Sep 25

Bank strike from September 28 to 30: Will banks be closed for five days? SBI, Union Bank of India advise customers to complete transactions in advance

A major disruption in banking services is anticipated as the United Forum of Bank Unions has announced a three-day strike at the end of September 2026. This action will halt operations in bank branches, resulting in an extended closure from September 26 to 30.

The Economic Times · Sep 21

Maldives repays USD 150 million loan to India

The Maldives has repaid a USD 150 million loan to India by settling the final tranche this week. The State Bank of India had subscribed to these treasury bills in 2019, which were extended six times. India bore the interest payments on the USD 150 million treasury bills over the…

The Economic Times · Sep 18

Cash-flow-based lending to become important for new-age sectors: SBI MD

As new industries emerge, cash-flow-based lending is poised to play a pivotal role in their growth. With traditional collateral often absent, banks such as the State Bank of India are actively researching this funding model. To extend financing effectively, a deep comprehension of technology and anticipated revenue is crucial, as…

The Economic Times · Sep 18

NSE IPO jackpot: 10 PSUs could pocket Rs 12,802 crore from stake sale

NSE’s IPO could deliver a massive windfall to 10 public-sector shareholders, which together could make a profit of around Rs 12,802 crore by selling their shares at the upper price band of Rs 1,785. State Bank of India stands to gain the most, with a potential profit of nearly Rs…

The Economic Times · Sep 15

SBI developing solution to use UPI data for checking creditworthiness of small biz

State Bank of India is developing a UPI data solution for small businesses. This initiative aims to assess creditworthiness without requiring GST registration for these entities. The bank expects to provide digital loans within a single day for eligible borrowers. This new approach will help bring more businesses into the…

The Economic Times · Sep 11

Bank union strike today: Are banks open or closed today on September 11, 2026? Check details

Customers should brace for significant disruptions in bank services on September 11, 2026, as the UFBU calls for a nationwide strike. This strike will extend into the weekend, limiting service availability. Unions are pressing for critical reforms including a five-day work week and a thorough review of the PLI scheme.

The Economic Times · Sep 11

SBI chief Setty says $127 billion FCNR inflow won’t trigger lending surge

State Bank of India Chairman CS Setty addressed concerns regarding foreign currency deposit inflows. He stated these funds will be absorbed gradually over the coming months. The central bank's swap facility attracted significant foreign capital inflows. Commercial banks received substantial FCNR(B) deposits, exceeding market expectations. Setty also highlighted structural shifts…

The Economic Times · Sep 10