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The Latest Breaking News from State Bank of India

State Bank opening rupee accounts for trade with Russia

State Bank of India (SBI), the country’s largest lender, is opening special rupee accounts to handle Russia-related trade settlements in the local currency but is not the main bank for such business.

The Times of India

Trade settlement with Russia in rupees to start soon: Export body president

India will soon start settling trade with Russia in rupees as the State Bank of India has agreed to facilitate the process, the president of India's exporter group, Federation of Indian Export Organisations (FIEO), A Shaktivel told reporters on Wednesday. Read more on Dynamite News:

Dynamite News

Bank fined for dishonouring cheque in Kannada

Dharwad District Consumer Redressal Forum imposes ₹85,177 fine on Haliyal branch of State Bank of India

The Hindu

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In charts: India likely to overtake Japan as third-largest economy by 2029

NEW DELHI: With India surpassing the United Kingdom (UK) to become the world's fifth largest economy, a report by the State Bank of India (SBI) suggests that the country will outstrip two other major economies to become the third-largest economy by 2029.

The Times of India

Vijay Mallya didn’t deposit any money with tribunal till August 18: DRT officer to SC

The top court had on July 11 sentenced the fugitive businessman to four months in jail for contempt of court

The Hindu

SBI launches its first dedicated branch for start-ups in Bengaluru

BENGALURU: State Bank of India (SBI) on Tuesday announced the launch of its first "state-of-the-art" dedicated branch for start-ups in the country here, to facilitate and support them.

The Times of India

SBI donates ambulance to UoH

HYDERABAD

The Hindu

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Gold jewellery from Periyapalayam’s Bhavani Amman temple handed over to SBI

The ornaments will be taken to the Reserve Bank of India mint in Mumbai, where they will be melted and deposited in the bank

The Hindu

Walkathon held in Bengaluru

BENGALURU: The State Bank of India on Monday organised a walkathon to celebrate the 513th birth anniversary of Kempegowda. The 24-km walkathon touched the four towers constructed by Kempegowda across the city. The bank employees started the walk from the tower in Ramana Maharshi Park at Mehkri Circle followed by…

The Times of India

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

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

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.

The Times of India

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:

Dynamite News

SBI hikes interest rates on bulk term deposits by 40-90 basis points

MUMBAI: Country's largest lender State Bank of India on Tuesday announced a hike of 40-90 basis points in the interest rates on several bulk term deposits.

The Times of India

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The Hindu

Kerala High Court decries prescription of CIBIL score of co-borrowers for education loans

It defeats the very purpose of grant of such loans: court

The Times of India

Ex-SBI treasury branch manager booked for Rs 1.89 crore fraud

PANAJI: The Crime Branch of Goa Police booked former State Bank of India (SBI) treasury branch, Panaji, bank manager Rakesh Kumar for allegedly siphoning off funds from the bank to the tune of Rs1.89 crore.

The Times of India

SBI, BoB, others hike lending rates by up to 0.1%; EMIs to go up

NEW DELHI: EMIs for home, car and personal loans are set to go up for existing borrowers, with State Bank of India (SBI) and other major lenders including Bank of Baroda (BoB), Axis Bank and Kotak Mahindra Bank increasing their benchmark lending rates by up to 0.10 per cent.

Dynamite News

Business: SBI hikes lending rate by 0.1 pc; EMIs to go up

The country's largest lender State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) or 0.1 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers. Read more on Dynamite News:

Get all your
news in one place.

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The Times of India

SBI hikes lending rate by 10 basis points; EMIs to go up

NEW DELHI: The country's largest lender State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) or 0.1 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers.

The Hindu

SBI pulled up for denying deceased pensioner’s account details

Her son submitted legal heir certificate

The Hindu

Video | Biker survives collision with bus in Mangaluru

The accident took place at the busy Hampankatta junction, traffic movement was disrupted for 90 minutes

The Hindu

52 SBI branches in Andhra Pradesh to be open today, tomorrow

Commissioner and Inspector-General, Registration and Stamps Department, V. Ramakrishna, has said that arrangements have been made to open some branches of State Bank of India (SBI) on March 26 and 27 (being holidays) for the convenience of the public for doing registrations.

The Times of India

Explained: Why NPS is better than India's old pension scheme

NEW DELHI: With certain states opting to revert to the old pay-as-you-go (PAYG) pension scheme and some others deliberating upon it, a report by State Bank of India (SBI) economists on Thursday said that it is bound to increase the current expenditure of state governments.

The Times of India

Services may be hit as staff unions plan to go on strike on March 28, 29: SBI

NEW DELHI: The country's largest lender State Bank of India (SBI) on Tuesday said banking services may get impacted to an extent as various employees' unions have called for a two-day strike on March 28-29.

The Times of India

Victim national economy, says court, convicts 4 for SBI cheque fraud

MUMBAI: Twenty fours years after State Bank of India (SBI) was cheated of Rs 98 lakh through cheque fraud and forgery, a special CBI court on Wednesday convicted four persons, including its then branch manager, saying the victim in the case is the "national economy".

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