State Bank of India (SBI): News
22 Jul 2024
BusinessEarn 7.25% interest on your savings with SBI's new FD
The State Bank of India (SBI) has introduced a new term deposit scheme, Amrit Vrishti, with an attractive annual interest rate of 7.25%.
15 Jul 2024
BusinessSBI hikes lending rates: How your loan EMIs will increase
The State Bank of India (SBI), the country's largest lender, has announced an increase in its marginal cost of funds-based lending rate (MCLR) by up to 10 basis points (0.1%) across select tenures.
05 Jul 2024
Stock MarketSensex closes below 80,000 mark, Nifty ends flat near 24,325
On Friday, major indices of the stock market ended flat with the Sensex settling at 79,996.60 points and the Nifty closing at 24,323.85 points.
04 Jul 2024
Reliance IndustriesSensex witnesses fastest 10,000-point rally led by these 5 stocks
The market capitalization of Sensex saw a significant surge from ₹136.89 lakh crore on December 11, 2023, to over ₹158 lakh crore on July 3.
01 Jul 2024
Stock MarketSensex gains over 440 points, Nifty settles above 24,140 mark
On Monday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge.
29 Jun 2024
Indian GovernmentFSIB proposes MD Challa Sreenivasulu Setty as next SBI Chairman
The Financial Services Institutions Bureau (FSIB), an autonomous body under the Indian government, has nominated Challa Sreenivasulu Setty for the position of Chairman of the State Bank of India (SBI).
23 Jun 2024
BusinessSBI to open 400 branches in FY25 across India
State Bank of India (SBI), the nation's largest lender, plans to open 400 new branches across the country in the current fiscal year.
11 Jun 2024
Aditya Birla GroupVodafone Idea secures ₹14,000 crore loan from SBI-led consortium
A consortium of lenders, spearheaded by the State Bank of India, has given a preliminary nod for a ₹14,000 crore loan to Vodafone Idea (Vi).
03 Jun 2024
Bombay Stock Exchange (BSE)SBI enters elite club with ₹8 lakh crore market capitalization
State Bank of India (SBI) has joined the prestigious ranks of Indian companies with a market capitalization exceeding ₹8 lakh crore.
02 Jun 2024
Bharti AirtelM-cap of top firms plummet, Reliance Industries suffers major loss
Last week, eight out of the 10 most valued companies in India, saw a significant drop in their combined market capitalization, amounting to a total loss of ₹2,08,207.93 crore.
20 May 2024
HDFC BankPrivate banks surpass PSBs in FY24 net profit growth
Private banks in India have outperformed public sector banks (PSBs) by reporting a higher net profit growth in fiscal year (FY) 2024, as per a Moneycontrol analysis.
19 May 2024
IndiaBank of Maharashtra tops public sector banks in FY24 growth
Bank of Maharashtra has outpaced other public sector banks in total business and deposit growth, for the fiscal year (FY) 2024.
16 May 2024
Stock MarketSensex gains over 670 points, Nifty settles above 22,400 mark
On Thursday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge.
15 May 2024
Fixed DepositSBI announces increase in fixed deposit interest rates: Check updates
The State Bank of India (SBI) has declared a hike in its fixed deposit (FD) interest rates for certain tenures on retail deposits up to ₹2 crore.
12 May 2024
HDFC BankMarket cap of top Indian firms plummets by ₹1.73L crore
Last week, six of the top-10 most valued companies in India, experienced a drop in their combined market valuation, with a total loss amounting to ₹1,73,097.59 crore.
09 May 2024
BusinessSBI's Q4 profit surges 24% to nearly ₹20,700 crore
The State Bank of India (SBI), the nation's top lender, has announced a 24% increase in net profit for the quarter ending March 31, 2024.
28 Apr 2024
ICICI BankSBI, ICICI Bank emerge as top performers in market capitalization
Last week, a significant increase was observed in the combined market capitalization of six out of the ten most valued companies, which rose by ₹1,30,734.57 crore.
14 Apr 2024
Stock MarketMarket valuation of 7 Indian firms skyrocketed by ₹59,404 crore
In a week shortened by the Eid-Ul-Fitr holiday, seven of India's ten most valued firms witnessed a combined market valuation surge of ₹59,404.85 crore.
11 Apr 2024
Election Commission of India (ECI)SBI refuses to disclose electoral bonds data despite public availability
The State Bank of India (SBI) has refused to disclose details about the electoral bonds it provided to the Election Commission of India (ECI).
08 Apr 2024
Sanjay SinghAAP's Sanjay Singh mounts attack against BJP over electoral bonds
Sanjay Singh, an MP from the Aam Aadmi Party, has accused the Bharatiya Janata Party (BJP) of corruption in relation to electoral bonds.
04 Apr 2024
Rahul GandhiRahul Gandhi's poll affidavit: Assets worth ₹20crore, 18 criminal cases
Congress leader Rahul Gandhi filed his nomination for the 2024 Lok Sabha elections in Wayanad, Kerala, on Wednesday.
01 Apr 2024
Stock MarketSensex ends above 74,000 mark, Nifty settles near 22,500
On Monday, the stock market had a bearish opening, but the benchmark Sensex and Nifty indices witnessed a surge.
01 Apr 2024
BusinessSBI alert: Net banking, YONO, UPI services face outage today
The State Bank of India (SBI) has announced a temporary suspension of several online services today i.e April 1, 2024.
01 Apr 2024
Narendra Modi'He lied…': Jairam's attack over Modi's statement on electoral bonds
Congress General Secretary Jairam Ramesh on Monday said Prime Minister Narendra Modi has "fully lied to the nation in his latest interview" with Tamil television channel Thanthi TV.
29 Mar 2024
IndiaMajor policy changes for Indian credit card issuers: Details here
As April approaches, significant policy changes are set to impact major credit card issuers in India, including SBI Card, ICICI Bank, and Axis Bank.
24 Mar 2024
Stock MarketBSE benchmark ascends despite declined valuation of top firms
The Bombay Stock Exchange (BSE) benchmark experienced a slight uptick last week, climbing by 188.51 points or 0.25%, signaling a positive trend in the stock market.
23 Mar 2024
Nitin GadkariGadkari reveals Centre's 'good intention' behind electoral bonds scheme
Union Road Transport and Highways Minister Nitin Gadkari has defended the Centre's scrapped electoral bonds scheme, saying the government had "good intentions" when it was introduced in 2017.
21 Mar 2024
Election Commission of India (ECI)Electoral bonds data: Donors can be matched with parties
The Election Commission of India on Thursday uploaded additional data regarding electoral bonds, including party-wise details on the amount redeemed as well as corresponding bank account information.
21 Mar 2024
Election Commission of India (ECI)SBI submits complete electoral bond data to ECI
The State Bank of India (SBI) has filed a compliance affidavit in the Supreme Court, stating that it has disclosed all information on electoral bonds to the Election Commission of India (ECI).
18 Mar 2024
Supreme Court Of India'Don't be selective': SC slams SBI over electoral bonds data
The Supreme Court pulled up the State Bank of India again on Monday directing it to disclose "full details" related to electoral bonds received by political parties without being "selective."
17 Mar 2024
Election Commission of India (ECI)Election Commission releases more data on electoral bonds
The Election Commission of India (ECI) uploaded more data on electoral bonds on Sunday.
17 Mar 2024
Reliance IndustriesReliance leads top 5 firms with significant market cap drop
Over the past week, five of India's top 10 valued companies experienced a combined market capitalization loss of Rs. 2,23,660 crore.
15 Mar 2024
Election Commission of India (ECI)'Lottery King': Meet the highest electoral bonds donor, Santiago Martin
A 40-year-old man, Santiago Martin, has emerged as the largest purchaser of electoral bonds, according to the data by the Election Commission of India (ECI) on Thursday.
15 Mar 2024
Congress PartyElectoral bonds data: Congress flags discrepancy in entries, recipient files
The Congress has alleged that there is a discrepancy in the donor and recipient files in electoral bonds data shared by the Election Commission of India (ECI).
15 Mar 2024
Supreme Court Of IndiaSC pulls up SBI for 'incomplete data' on electoral bonds
The Supreme Court on Friday pulled up the State Bank of India for not disclosing "complete data" on electoral bonds—which allowed individuals and businesses to donate anonymously to political parties.
15 Mar 2024
Election Commission of India (ECI)Lok Sabha elections: ECI to announce poll schedule tomorrow
The Election Commission of India will announce the voting schedule and results date for the Lok Sabha elections on Saturday.
13 Mar 2024
Supreme Court Of IndiaElectoral bonds case: SBI files compliance affidavit before SC
The State Bank of India (SBI) on Wednesday filed a compliance affidavit in the Supreme Court stating that 22,217 electoral bonds were purchased between 2019 and 2024, out of which 22,030 have been redeemed.
11 Mar 2024
Supreme Court Of IndiaDisclose electoral bonds' details by tomorrow: SC reprimands SBI
The Supreme Court (SC) pulled up the State Bank of India (SBI) on Monday for not complying with its order and missing the March 6 deadline for disclosing electoral bond donor details to the Election Commission.
11 Mar 2024
Supreme Court Of IndiaElectoral bonds case: Supreme Court to hear SBI's request today
The Supreme Court (SC) will hear a plea from the State Bank of India (SBI) seeking more time to file information on electoral bonds on Monday.
07 Mar 2024
Lok Sabha ElectionsContempt plea against SBI for refusing to disclose electoral bonds
The Association for Democratic Reforms (ADR) has approached the Supreme Court (SC), seeking contempt of court action against the State Bank of India (SBI) for "disobeying" its orders regarding electoral bonds (EBs).
04 Mar 2024
Supreme Court Of IndiaSBI urges SC to extend electoral bonds info submission deadline
The State Bank of India (SBI) has asked the Supreme Court to extend the deadline to June 30, to submit information regarding electoral bonds to the Election Commission (EC).
27 Feb 2024
Stock MarketSensex gains over 300 points, Nifty settles near 22,200 mark
On Tuesday, the benchmark Sensex and Nifty indices showed an upward trend.
16 Feb 2024
Supreme Court Of IndiaElectoral bonds declared 'unconstitutional': Who can get refunds and how
The Supreme Court of India has declared the electoral bond scheme unconstitutional.
15 Feb 2024
Supreme Court Of IndiaSC asks SBI to stop issuing electoral bonds 'immediately'
The Supreme Court on Thursday struck down the Electoral Bonds Scheme (EBS), calling it "unconstitutional."
15 Feb 2024
Supreme Court Of IndiaSC strikes down Electoral Bonds Scheme, calls it 'unconstitutional'
The Supreme Court on Thursday struck down the Electoral Bonds Scheme (EBS) for political funding, saying that it violates the citizens' right to information.
14 Feb 2024
SensexSensex climbs to 71,822 points, Nifty settles above 21,840 mark
On Wednesday, the benchmark Sensex and Nifty indices opened in red but soon reversed the trend.
07 Feb 2024
Stock MarketSBI becomes second PSU company with over Rs. 6T m-cap
Shares of the State Bank of India (SBI) soared over 4% to all-time high of Rs. 675 each, raising its market capitalization above Rs. 6 lakh crore.
07 Feb 2024
SensexSensex closes flat at 72,152 points, Nifty settles at 21,930
The stock market closed on a flat note on Wednesday with the Sensex settling at 72,084.1 points and Nifty ending at 21,930.5 points.
