State Bank of India (SBI): News
SBI shares are up 2% today: What's the reason?
Shares of the State Bank of India (SBI) rose by over 2% during intraday trading today.
SBI Card updates credit card rules: What changes from today
Starting today, SBI Card has introduced new terms for its credit card customers. The changes will affect bill calculations and remove some complimentary insurance covers.
How government banks are easing burden on savings account holders
In a major policy shift, all public sector banks (PSBs) in India may soon scrap penalties for not maintaining a minimum balance in savings accounts.
Government banks likely to hire 50,000 employees this fiscal
India's public sector banks are gearing up for a massive recruitment drive, with plans to hire around 50,000 new employees in the current financial year.
Market cap of India's top 6 firms down ₹70,326cr
The combined market capitalization of six out of the top 10 most valued companies in India has witnessed a massive erosion of ₹70,325.5 crore last week.
Own SBI credit card? These upcoming rules affect perks, payments
SBI Card has announced major changes in its credit card rules, effective from July 15, 2025.
You can now invest in SBI's mutual funds via WhatsApp
SBI Mutual Fund has launched SmartAssist, an AI-powered conversational assistant on WhatsApp.
Government asks PSU banks to list subsidiaries via IPOs
The Indian government has directed public sector banks to expedite their plans for listing subsidiaries and joint ventures.
Major changes to credit card rules coming in July
Leading Indian banks, such as State Bank of India (SBI), HDFC Bank, and Kotak Mahindra Bank, are set to make major changes in their credit card benefits from July 2025.
Why government banks have to list subsidiaries on stock exchanges
The Ministry of Finance has urged public sector banks (PSBs) to consider monetizing their investments in subsidiaries by listing them on stock exchanges.
SBI Card changes credit card rules: How they affect you
SBI Card has announced certain changes to its credit card terms and conditions in India, effective July 15, 2025.
SBI will now offer wealth management services in Japan
Sumitomo Mitsui Financial Group (SMFG) and SBI Holdings have announced a joint venture to provide wealth management services in Japan.
SBI revises interest rates for 'Amrit Vrishti' FD scheme
The State Bank of India (SBI), the country's largest public sector lender, has reduced the interest rate on its special fixed deposit (FD) scheme "Amrit Vrishti."
Beware! Scammers are misusing SBI's name for fake investment opportunities
India's largest lender, State Bank of India (SBI), has issued a warning over unauthorized advertisements promising stock market tips and investment advice in its name.
M-cap of 4 top-valued firms jumps ₹1L crore, LIC leads
The combined market capitalization of the four top-10 companies increased by ₹1.01 lakh crore this week.
SBI joins Apple, Alphabet in world's most profitable companies list
The country's largest lender, State Bank of India (SBI), has made it to the global list of top 100 companies in terms of net profit.
Yes Bank shares surge nearly 10% today—What's behind the rally?
Yes Bank shares jumped over 9% at market open on Tuesday following reports that Japan's Sumitomo Mitsui Banking Corporation (SMBC) is looking to acquire a controlling stake in the Mumbai-based lender.
SBI Q4 results: Net profit dips 10%, operating profit rises
The State Bank of India (SBI) has reported a 10% decline in its standalone net profit for the fourth quarter of fiscal year 2024-25 (Q4 FY25).
SBI warns users about deepfake videos promoting AI investment platform
The State Bank of India (SBI) has issued a public cautionary notice, warning its customers and the general public about a rise in deepfake scam videos on social media.
Government-owned MTNL defaults on loans worth over ₹8,300cr
Mahanagar Telephone Nigam Limited (MTNL), a state-owned telecom operator in India, has defaulted on loans worth over ₹8,300 crore. The revelation was made in an exchange filing on Saturday.
Planning to invest? Check HDFC, SBI, BOI's latest interest rates
Several leading banks in India, including HDFC Bank, State Bank of India (SBI), and the Bank of India (BOI), have recently slashed their interest rates on deposits.
Vijay Mallya's appeal against bankruptcy order in UK rejected
Indian business tycoon Vijay Mallya has lost his appeal against a bankruptcy order by London's High Court.
₹33L crore loan disbursed under Mudra Yojana; majority beneficiaries women
The Pradhan Mantri Mudra Yojana (PMMY) entered the milestone of its 10th year of implementation on Tuesday.
SBI, IDFC, Axis Bank reduce credit card perks from April
In a major development, leading Indian banks such as State Bank of India (SBI), IDFC First Bank, and Axis Bank are poised to change their credit card rewards and benefits structure.
5 most valued Indian firms lose over ₹93,000cr in m-cap
The cumulative market capitalization of five of the top 10 most valued firms in India has eroded by ₹93,357.52 crore.
Market cap of India's top 7 firms soars ₹2.1L crore
The cumulative market capitalization of seven of the 10 most valued companies in India rose by ₹2,10,254.96 crore last week.
SBI, IDFC First to discontinue key benefits on these cards
Starting April 1, 2025, major changes will come into effect for Club Vistara co-branded credit cards issued by IDFC First Bank and State Bank of India (SBI).
Paytm and SBI launch SIP with minimum investment of ₹250
Paytm has partnered with SBI Mutual Fund to launch the JanNivesh Systematic Investment Plan (SIP).
Little impact on Indian exports from reciprocal US tariffs: SBI
A report by the State Bank of India (SBI) has projected a minimal impact on Indian exports due to potential US tariff reciprocity.
SBI's Q3 results: Net profit surges whopping 84% to ₹16,891cr
State Bank of India (SBI) has posted a stellar 84% year-on-year (YoY) growth in its standalone net profit for the third quarter of FY25.
SBI launches new high-yield FD for citizens 80 and above
The State Bank of India (SBI) has introduced a unique fixed deposit (FD), called the SBI Patrons Fixed Deposit Scheme.
Arundhati Bhattacharya: 'Indomitable working woman' honored with the Padma Shri
Arundhati Bhattacharya's journey perhaps began in 1977 when she joined the State Bank of India (SBI) as a probationary officer at the age of 22.
4 top Indian firms lose ₹1.25L crore in market valuation
Four of India's most valued companies, including Reliance Industries, saw their combined market valuation plummet by a whopping ₹1.25 lakh crore last week.
Who is Rama Mohan Rao Amara, SBI's new Managing Director
Rama Mohan Rao Amara has been appointed as the new Managing Director of the State Bank of India (SBI).
Top 5 Indian firms add ₹1.13L crore to market cap
Five of India's most valuable companies saw a massive jump in their market capitalization last week, adding ₹1,13,117.17 crore in total.
Top 6 Indian companies add ₹2L crore to market cap
The cumulative market valuation of six of the top 10 most-valued Indian companies, saw a major jump last week.
Canara Bank revises fixed deposit interest rates: Check new figures
Canara Bank has revised its fixed deposit (FD) interest rates for amounts less than ₹3 crore, effective December 1, 2024.
Siddarth Kaul joins SBI after retiring from Indian cricket
Former Indian cricketer Siddarth Kaul has taken a new leap in his career after joining the State Bank of India (SBI).
SBI warns of new fraud involving fake CBI, IT officials
The State Bank of India (SBI) has warned its customers about a new kind of fraud.
Sensex soars by 1,800 points: What is driving this rally?
The BSE Sensex has soared 1,792 points today to trade at 78,948, at the time of writing. The NSE Nifty also jumped 531 points to hover around 23,880.