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The Latest Breaking News from State Bank of India

Camps for speedy disbursal of paddy procurement cash

PALAKKAD: Banks SBI & Canara to hold special camps at 23 Krishi Bhavans on Dec 2, 4 & 5 for speedy disbursal of cash for 1st crop paddy. Farmers must bring PRS, Aadhaar, PAN, photo. Other farmers must wait for message from Supplyco & approach respective bank when told. Price…

The Hindu · Dec 1, 2023

SBI is hiring 9,000 clerks: Here is how to apply, last date, salary, eligibility, exam pattern

The State Bank of India (SBI) has released the notification for SBI Clerk Recruitment 2023, offering approximately 8,773 vacancies. The application window is open from November 17 to December 7, 2023. Candidates must be between 20 and 28 years of age and hold a bachelor's degree from a recognized university.…

The Economic Times · Nov 17, 2023

Man robs bank in West Godavari in less than a minute

A masked and armed burglar looted ₹6.5 lakh cash from the staff in State Bank of India (SBI) in Narsapuram town in West Godavari district in broad day light on November 1.

The Hindu · Nov 2, 2023

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Judge says mediation is the best way to resolve issues between farmers and banks

At Hubballi Taluk Legal Services Committee's Pre Litigation Mediation programme, Principal Senior Civil Judge Chinnannavar R.S. said mediation is best platform to resolve issues between farmers & bankers. He urged litigant public to use mediation to resolve disputes & Mega Lok Adalat on Sat. Union Bank of India & State…

The Hindu · Sep 7, 2023

FPO has helped reduce farm input cost, says NABARD official

The help extended by NABARD and State Bank of India to farmers of Navalgund taluk has facilitated the establishment and operation of Farmers Producers Organisation (FPO) and it, in turn, has resulted in bringing down input cost, thus increasing their profit margin.

The Hindu · Jul 31, 2023

Gang decamps with cash from ATM in Nalgonda

A gang of five persons decamped with Rs 23 lakh from a State Bank of India ATM cash chest in Kattangur mandal of Nalgonda during the wee hours of July 31

The Hindu · Jul 31, 2023

SBI, India’s biggest bank, rejigs senior leadership to boost dominance

MUMBAI: State Bank of India, the country’s largest lender, is re-jigging its senior leadership positions with at least four key executives getting new roles, according to people familiar with the matter.

The Times of India · Jul 6, 2023

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India refiners start yuan payments for Russian oil imports, say sources

Indian refiners have begun paying for some oil imports from Russia in Chinese yuan, sources with direct knowledge of the matter said, as Western sanctions force Moscow and its customers to find alternatives to the dollar for settling payments.

The Hindu · Jul 3, 2023

SBI launches 34 Transaction Banking hubs nationwide to enhance customer services, drive growth

State Bank of India, launched 34 Transaction Banking Hubs at 21 district centres across the country with an aim to provide quick and efficient Transaction Banking solutions to customers.

Dynamite News · Jul 2, 2023

Supreme Court denies immediate intervention in plea challenging ₹2,000 notes' exchange

The Supreme Court on June 9 refused to entertain immediately a plea by advocate Ashwini Upadhyay challenging the notifications issued by the Reserve Bank of India (RBI) and State Bank of India (SBI) permitting the exchange of ₹2,000 currency notes without requirement of any identity proof.

The Hindu · Jun 9, 2023

Indian economy to surpass 7 per cent growth in FY 23: SBI research report

The Indian economy is on track to surpass 7 per cent growth rate in Fiscal Year 2023 with manufacturing being the key driver, according to a report released by the State Bank of India. Read further on Dynamite News

Dynamite News · May 26, 2023

Indian economy to surpass 7% growth in FY 23: SBI research report

NEW DELHI: The Indian economy is on track to surpass 7 per cent growth rate in Fiscal Year 2023 with manufacturing being the key driver, according to a report released by the State Bank of India.

The Times of India · May 26, 2023

Former Andhra Pradesh hoopster Ravikanth Gali breathes his last on YMCA court

HYDERABAD: Thursday was a sad day for the basketball fraternity of the city as former Andhra Pradesh and State Bank of India (Hyderabad circle) basketball player Gali Ravikanth breathed his last after suffering a massive cardiac arrest while ‘warming up’ at the YMCA Secunderabad basketball court.

The Times of India · May 19, 2023

Economic growth likely at 4.6% in December quarter: SBI economists

MUMBAI: Economists at the State Bank of India (SBI) have projected a GDP growth of 4.6 per cent for the December quarter, citing that as many as 30 high frequency indicators are not as robust as they were in the previous quarters.

The Times of India · Feb 21, 2023

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The Times of India · Feb 13, 2023

Adani vs Hindenburg saga: 10 things which have happened so far

NEW DELHI: Amid reports of cut in growth targets and capex, Adani Group on Monday said that its growth plans are intact, business plans are fully funded and it remains confident of delivering returns to shareholders.

The Times of India · Feb 3, 2023

Nirmala Sitharaman assures investors, RBI says keeping vigil: Top developments in Adani-Hindenburg row

NEW DELHI: After 6 days of market rout, few of the Adani Group stocks rebounded on Friday after French energy company TotalEnergies' positive sentiment on the firm.

The Times of India · Feb 2, 2023

SBI has $2.6 billion of loans to Gautam Adani

MUMBAI: State Bank of India, the country’s largest financier, has given loans of as much as $2.6 billion to companies in the Adani conglomerate, or about half of what is allowed under the rules, according to a person familiar with the matter.

The Times of India · Dec 2, 2022

Digital rupee a game changer, says SBI chairman Dinesh Khara

NEW DELHI: SBI chairman Dinesh Khara on Friday said the Reserve Bank's first pilot project for retail digital rupee is a "game changer" with durable effects that should ensure better monetary transmission at much lesser costs.

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Dynamite News · Nov 26, 2022

SBI Reports Highest Profit, Broking Houses Lauding Us: Chairman

Chairman of the country's biggest lender State Bank of India (SBI) Dinesh Khara on Saturday asserted that analysts and broking houses are praising the financial performance of the bank which reported its highest profits recently. Read on for details:

The Times of India · Oct 11, 2022

Despite global slowdown, India's exports to top last year’s record of $420 billion

NEW DELHI: India's exports are set to hit a new record in the current fiscal year, a report by economists at State Bank of India (SBI) said. Last year, India achieved record exports worth $420 billion, surpassing its target of $400 billion during the year. The feat was achieved 9…

The Times of India · Oct 7, 2022

Fiscal hara-kiri: SBI report urges SC to cap freebie spending at 1% of state GDP

NEW DELHI: With freebies becoming a go-to option for states, a report by State Bank of India (SBI) economists, urged a Supreme Court-led panel to cap such expenses at 1% of the state's GDP.

The Hindu · Sep 29, 2022

Supplyco signs deal for speedy disbursal of paddy procurement price

KOCHI

The Times of India · Sep 18, 2022

Mcap of six of top-10 most valued firms tumble Rs 2 lakh crore; TCS, Infosys biggest laggards

NEW DELHI: Six of the top-10 most valued firms suffered a combined erosion of Rs 2,00,280.75 crore from market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid weak trend in equities.

The Times of India · Sep 15, 2022

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.

Dynamite News · Sep 15, 2022

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:

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