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The Latest Breaking News from the State Bank of India

Consumer panel asks bank to compensate customer who lost money through fraud

Salim P.M. of Vazhapilly in Muvattupuzha won an order from the Ernakulam Consumer Disputes Redressal Commission directing the Pezhakkapilly branch of the State Bank of India to repay ₹70,000 plus interest, ₹10,000 as compensation and ₹5,000 as cost of proceedings. The amount was lost due to fraudulent withdrawal from his…

SC dismisses plea against ₹2,000 currency exchange policy

SC dismisses plea against ₹2,000 currency exchange policy

The Supreme Court on Monday dismissed a petition challenging the notifications issued by the Reserve Bank of India (RBI) and the State Bank of India (SBI) permitting the exchange of ₹2,000 currency notes without requirement of any identity proof.

Consumer forum in Cuddalore orders SBI to pay ₹2 lakh in compensation for freezing bank account without prior notice

Consumer forum in Cuddalore orders SBI to pay ₹2 lakh in compensation for freezing bank account without prior notice

The Cuddalore District Consumer Disputes Redressal Commission has directed the State Bank of India (SBI) to pay a senior citizen ₹2 lakh as compensation for deficiency in service.

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India extends $1 billion credit line to Sri Lanka by another year

India on May 30 extended its $1 billion credit line to Sri Lanka by another year to help the island nation hit hard by an unprecedented economic crisis procure much-needed food, medicine and other essential items. An agreement was signed between the State Bank of India (SBI) and the Sri…

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

SBI’s u-turn: No slip, ID proof needed to swap ₹2,000 notes

The Reserve Bank of India has announced the withdrawal of ₹2,000 currency notes from circulation

Financial Literacy Programme held at KVM College

Retired chief managers and financial counsellors of the State Bank of India led the awareness classes organised as part of the Reserve Bank of India initiative

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Q&A: ‘Chilling’: Journalist sued by Adani, cited by Hindenburg

Q&A: ‘Chilling’: Journalist sued by Adani, cited by Hindenburg

Veteran Indian journalist Paranjoy Guha Thakurta talks about his reporting, meeting Adani and the cases he faces.

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