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Latest Articles in state bank of india

SBI Q1 Results: Net Profit Declines 7%

Its standalone total income declined to Rs 74,998.57 crore in the first quarter of 2022-23, as against Rs 77,347.17 crore in the same period a year ago, SBI said in a regulatory filing

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SBI Receives Board's Approval To Raise Up To Rs 11,000 Cr

The country's largest lender in terms of asset size and customer base plans to raise fresh Additional Tier 1 (AT1) capital up to Rs 7,000 crore, subject to the government's concurrence

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SBI Renews MoU With IAF To Provide Defence Salary Package

SBI offers extensive benefits to the Air Force personnel by way of complimentary

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Government Department To Collaborate With SBI For Creation Of Integrated Pension Portal

Sessions on pension policy reforms and digitisation regarding the disbursement of pensions to central government pensioners were organised with the objective of updating

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SBI Increases FD Rates By Upto 20 Bps; Know Latest Hike

The rate applicable to all senior citizens and SBI Pensioners of age 60 years and above will be 0.50 per cent above the rate payable for all tenors to resident Indian senior citizens

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SBI Introduces Real Time Xpress Credit On YONO To Digitally Empower Customers

The digitalisation of Xpress Credit delivery will also help the bank to do away with the need to handle and store enormous paperwork

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Inflation Unlikely To Be Corrected Anytime Soon: SBI

State Bank of India did a dipstick study to understand the exclusive impact of war on inflation trajectory in both the rural and urban areas

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SBI Hikes MCLR For The 2nd Time This Year

According to the information given by the RBI in the last days, if the FD matures and the amount is not paid or claimed, then the interest rate on it is determined on the basis of savings accounts or on the matured FD

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SBI's Net Profit FY22 Grows 55% To Rs 31,676 Cr In Q4

Net Interest Income (NII) for Q4FY22 increased by 15.26 per cent YoY

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SBI Sees FY23 Inflation Forecast At 6.5%

Inflation in protein items like chicken, mustard oil etc. softened in April. However, this might be an aberration, given that April was the month of Navratri and other religious festivals. This is also reflected in an increase in prices of milk and even fruits like mangoes, it said

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Gujrat HC Slams SBI Over Not Issuing NOC

The court told the bank that it is nothing but harassment

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SBI Duped Of Around Rs 4.5 Crore Over 7 Months

Twenty-five cards of different banks were used 4,630 times at nine SBI ATMs in Sambalpur and Rengali towns between September 2020 and March 2021

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SBI Increases MCLR; Loan EMI To Hike

Instead of 6.95 per cent for 6 months, MCLR will be 7.05 per cent. At the same time, 7.10 per cent for one year MCLR, 7.30 per cent for two years and 7.40 per cent for three years.

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SBI To Hire Consultant To Explore Business Potential In EV Charging Space

As per the RFP document inviting bids from potential candidates, SBI said the consultant will be required to study the existing transport landscape and design a roadmap with detailed milestones and timelines to drive digital payments for EV charging across different modes of transport by identifying opportunities and barriers to build an e-mobility ecosystem

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State Bank Of India Says RBI May Raise Repo Rate In June

In its monetary policy announced last week, the RBI had left the repo rate unchanged at 4 per cent. The six-member monetary panel also decided to remain accommodative while focusing on withdrawal of accommodation to ensure that inflation remains within the target going forward, while supporting growth

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