The Latest Breaking News from State Bank of India

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 · Sep 7, 2022

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 · Sep 5, 2022

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 · Sep 4, 2022

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 · Jun 15, 2022

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 · May 27, 2022

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 · May 16, 2022

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 · May 16, 2022

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 · May 10, 2022

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 Hindu · May 10, 2022

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 · Apr 28, 2022