State Bank of India (SBI): News
NSE set to kick off $3B IPO marketing next week
The National Stock Exchange of India (NSE), the world's largest derivatives exchange by trading volume, is gearing up for a major milestone.
SBI to recruit 1,500 probationary officers this year
The State Bank of India (SBI), the country's largest lender, has announced plans to recruit 1,500 probationary officers this year. The move is part of the bank's strategy to drive business growth.
India's top 6 firms add ₹1L crore in market cap
The Indian stock market witnessed a major boost last week, with the combined market capitalization of six top companies rising by ₹1 lakh crore.
SBI Funds to raise $1.2B via IPO at $12.1B valuation
SBI Funds Management, India's largest asset manager, is gearing up to launch its initial public offering (IPO) in the week starting July 13.
Ram Mandir donations: ₹6-8L being siphoned off daily, SIT estimates
The Special Investigation Team (SIT) probing the alleged embezzlement of donations at Ayodhya's Ram Mandir has estimated that ₹6-8 lakh were being siphoned off daily.
Ram Temple row: CCTV shows accused hiding money in socks
CCTV footage from Ram Mandir has revealed at least five of the eight men, accused of stealing money from donation, removing and hiding cash during the counting process, the Indian Express reported.
Ayodhya SIT questions Ram Mandir Trust members for 6 hours
A three-member Special Investigation Team (SIT) has questioned key functionaries of the Ram Mandir Trust in Ayodhya.
Maximum Ram Temple donation theft happened during Kumbh, cops find
The Ayodhya Police have made a major breakthrough in the Ram Mandir donation theft case, revealing that most of the theft occurred during the Kumbh Mela in early 2025.
Market cap of India's 6 top firms rises by ₹88,678cr
The Indian stock market witnessed a modest rise last week, with six of the top 10 companies gaining ₹88,678.1 crore in market capitalization.
NPCI to enable e-mandate tracking on all UPI apps
The National Payments Corporation of India (NPCI) is working on a new feature to simplify the management of electronic mandates for consumers.
Market cap of India's top 9 companies up ₹2.15L crore
The combined market capitalization of nine out of India's top 10 most valued companies witnessed a major surge, gaining ₹2.15 lakh crore last week.
SBI, Axis Bank among lenders set to raise $2B overseas
India's leading banks, including State Bank of India (SBI), Axis Bank, and Bank of Baroda (BoB), are set to collectively raise at least $2 billion from international markets.
SBI Mutual Fund gets SEBI nod for ₹13,000cr IPO
SBI Mutual Fund, India's leading asset management company, has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO), according to PTI.
NSE IPO could turn SBI's ₹2cr bet into nearly ₹5,000cr
The State Bank of India (SBI), India's largest lender, is poised to make a massive profit from its investment in the National Stock Exchange (NSE).
Ram Mandir funds misappropriation case: SIT questions trust employees
A three-member Special Investigation Team (SIT) that began its operation on Monday is probing the alleged misappropriation of funds at the Ram Mandir in Ayodhya.
NCLT accepts SBI's plea to initiate Anil Ambani's personal bankruptcy
The National Company Law Tribunal (NCLT) in Mumbai has accepted a plea from the State Bank of India (SBI) to initiate personal insolvency proceedings against industrialist Anil Ambani.
Why ATMs in small towns, cities are running dry
The Confederation of ATM Industry (CATMi) has warned that ATMs in tier 2 and tier 3 cities are facing severe cash shortages.
Top 7 Indian companies lost ₹1.25L crore last week
The combined market capitalization of seven out of the top 10 most valued companies in India fell by ₹1.25 lakh crore last week.
SBI Mutual Fund buys Adani Group stocks worth ₹5,747cr
SBI Mutual Fund has acquired stakes in two major companies of the Adani Group, namely Adani Enterprises and Adani Energy Solutions.
RBI may keep repo rate unchanged at upcoming meeting
The Reserve Bank of India (RBI) is likely to keep its key policy rate unchanged at 5.25% during the upcoming bi-monthly monetary policy meeting from June 3-5.
Market cap of India's top 7 firms plunges ₹1.54L crore
The combined market capitalization of seven out of India's top 10 most valuable companies fell by ₹1.54 lakh crore last week.
SBI Funds Management to launch its ₹13,000cr IPO by July
SBI Funds Management, India's largest asset manager, is gearing up for an initial public offering (IPO) to raise around ₹13,000 crore.
SBI strike postponed, branches to remain open on May 25-26
The All India State Bank of India Staff Federation (AISBISF) has postponed its planned two-day strike on May 25 and 26.
LIC becomes India's most profitable public sector company
The Life Insurance Corporation of India (LIC) has become the most profitable public sector company in India for the March 2026 quarter.
Why SBI has been ordered to pay a widow ₹5L
The Nagpur District Consumer Disputes Redressal Commission has ordered the State Bank of India (SBI) to pay ₹5 lakh to a widow for an insurance claim that was filed six years late.
Market cap of India's top 9 firms down ₹3.12L crore
The combined market capitalization of nine out of the top 10 most valued companies in India has witnessed a massive drop of ₹3.12 lakh crore last week.
India's growth pegged at 7.2% for Q4 FY26
The Indian economy is expected to grow by 7.2% in the January-March quarter (Q4) of the fiscal year 2025-26 (FY26), according to a research report by the State Bank of India (SBI).
Market cap of India's top 4 companies down ₹1L crore
The combined market capitalization of four out of the top 10 most valued companies in India has fallen by over ₹1 lakh crore.
India's urban youth unemployment drops below global average
India's urban youth unemployment rate has fallen to 9.9% in 2025, according to a recent report by SBI Research.
SBI customers brace for 4-day disruption amid upcoming staff strike
The State Bank of India (SBI) is likely to witness service disruptions later this month.
SBI-led consortium mulls ₹25,000cr loan for Vi
A consortium led by the State Bank of India (SBI) is considering a debt funding of ₹25,000 crore for telecom giant Vodafone Idea (Vi).
Market cap of India's top 4 firms up ₹2.2L crore
The combined market capitalization of four out of India's top 10 most valued companies, including Reliance Industries, surged by ₹2.20 lakh crore last week.
Government bank stocks down by 3% today: What's the reason?
Public sector bank stocks witnessed a major fall today, with Bank of India and Bank of Baroda leading the decline at 3% each.
Why CBI has arrested 2 executives of Reliance Communications
The Central Bureau of Investigation (CBI) has arrested two senior executives of Reliance Communications, a company controlled by Anil Ambani.
Centre allows 15 banks to import gold, silver till 2029
The central government has authorized 15 major banks, including the State Bank of India (SBI), Axis Bank, HDFC Bank and the Bank of India (BoI), to import gold and silver.
Sensex crashes 1,600 points as US-Iran war rattles markets
The Indian stock market witnessed a major crash today, with the BSE Sensex plunging over 1,600 points or 2.07% to 75,943.14 within minutes of opening.
Stocks to buy in India following RBI's repo rate decision
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.25%.
6 most valued Indian firms lost ₹64,700cr in a week
The combined market capitalization of six out of the top 10 most valued companies in India fell by ₹64,734.46 crore last week.
Top 10 firms in India lost ₹4.48L crore last week
The combined market capitalization of India's top 10 companies took a major hit last week, falling by ₹4.48 lakh crore.
Shareholders of SBI lose ₹62,350cr today: What's the reason?
The shares of State Bank of India (SBI) plummeted by a whopping 5.6% to ₹1,079.40 on the National Stock Exchange(NSE) today.
Market cap of India's top 8 firms down ₹2.81L crore
The combined market capitalization of eight out of the top 10 most-valued companies in India plummeted by ₹2.81 lakh crore last week.