State Bank of India (SBI): News

You can start exchanging your Rs. 2,000 notes from today

While preparing for a rush to exchange Rs. 2,000 notes, which begins on Tuesday, numerous banks have set up dedicated counters, people to manage queues, and enough inventory of lower denomination banknotes.

No forms, documents needed to exchange Rs. 2,000 notes: SBI

The State Bank of India (SBI) has informed its branches that no form or identity proof documents are required to exchange Rs. 2,000 notes, which the Reserve Bank of India (RBI) withdrew from circulation on Friday.

09 May 2023


Sensex closes flat around 61,760, Nifty remains above 18,260 mark

On Tuesday, major indices of the stock market ended flat with the Sensex settling at 61,761.33 points and the Nifty closing at 18,265.95 points.

21 Apr 2023


70-year-old woman walks barefoot to withdraw pension, video goes viral

A heart-wrenching video has surfaced on social media, showing a 70-year-old woman walking barefoot in scorching heat for several kilometers with the help of a broken chair to collect her old-age pension from a bank.

07 Apr 2023

Adani Group

SBI's m-cap fell the most in Asia-Pacific in Q1 2023

For the State Bank of India (SBI), the first three months of 2023 were tumultuous at best. According to data compiled by S&P Global Market Intelligence, India's largest lender by assets saw a steep fall in market capitalization.

RBI may pause interest hikes, keep 6.5% terminal repo rate

The Reserve Bank of India (RBI) is likely to pause interest rate hikes in the next Monetary Policy Committee (MPC) meeting in April, said State Bank of India (SBI) Research, per ANI.

23 Mar 2023

Vijay Mallya

Mallya had Rs. 7,500 crore, enough to repay banks: CBI

The multi-crore loan scam involving fugitive Indian businessman Vijay Mallya has taken a new turn.

06 Feb 2023

Congress Party

Adani-Hindenburg row: Congress launches nationwide protest, calls for probe

The Congress on Monday took to the streets nationwide, calling for an impartial investigation into the fraud allegations against Adani Group, which it claimed endangers public savings.

05 Dec 2022


Electoral bond sales begin in India: How to buy them?

The 24th batch of electoral bonds has gone on sale in India today i.e. December 5.

15 Aug 2022


How has Indian Rupee performed against US Dollar since Independence?

India is celebrating 75th year of its Independence and stands at a crossroads of pushing resilient economic growth over the next 25 years.

04 Aug 2022


LIC, Reliance among Indian companies in Fortune Global 500 list

The Fortune Global 500 is the list of the top 500 corporations in the world based on their revenue. In the 2022 edition of the list published by Fortune magazine, nine companies from India have found their place.

24 Jul 2022


SBI customers can avail banking services via WhatsApp: Here's how

State Bank of India (SBI), India's largest bank, is only a WhatsApp message away. No, we are not joking.

12 Jul 2022


Bank PO Exams: Everything about format, eligibility, fees, more details

Becoming a Bank Probationary Officer (Bank PO) is a lucrative career option in India.

30 May 2022


India's Q4 GDP pegged at 2.7%, lower than Q3: Experts

According to SBI's economists, the upcoming release of official statistics for economic performance is likely to show 2.7% growth for the January-March quarter and 8.5% growth for FY22.

27 Mar 2022


Bharat Bandh on March 28-29: These services may be hit

A joint forum of central trade unions has declared a Bharat Bandh on March 28 and 29 against the Centre's policies that affect the workers, farmers, and the public, too.

13 Feb 2022


CBI books Gujarat firm for Rs 22,842 crore loan fraud

In what is being termed as India's biggest loan fraud case, the Central Bureau of Investigation (CBI) has booked a Gujarat-based shipbuilding company and its former directors for allegedly defrauding banks to the tune of Rs 22,842 crore.

ED arrests Shakti Bhog CMD in money laundering case

The Enforcement Directorate (ED) arrested Kewal Krishan Kumar, Chairman and Managing Director (CMD) of Delhi-based Shakti Bhog Foods Limited, in a money laundering case linked to an alleged multi-crore bank loan fraud.

SBI will charge beyond four free cash withdrawals every month

The country's largest lender SBI will levy charges for cash withdrawal beyond four free transactions in a month from customers holding the basic savings bank deposit (BSBD) accounts.

17 Apr 2021

Madhya Pradesh

Two held for ATM fraud amounting to Rs. 92.39 lakh

Two persons were arrested in an ATM cash withdrawal fraud amounting to Rs. 92.39 lakh in Madhya Pradesh's Jabalpur district, police said on Saturday.

23 Jan 2021


Vijay Mallya seeking 'alternative route' to remain in the UK

Fugitive economic offender Vijay Mallya has reportedly appealed to the UK Home Secretary Priti Patel for an alternative route to remain in the UK and avoid extradition to India.

30 Dec 2020


FASTag compulsory from January 1: How to buy, recharge it?

Starting January 1, 2021, using the FASTag contactless payments system for crossing toll plazas across India will be mandatory.

22 Dec 2020


VHP to start fund-raising drive in Karnataka for Ram temple

The Vishva Hindu Parishad (VHP) will rope in over five lakh volunteers to start a door-to-door fundraising drive in Karnataka from January 15 to February 27, 2021, to build a grand Sri Ram Temple in Ayodhya, the outfit's international working president Alok Kumar said on Tuesday.

30 Nov 2020

Latest Gadget Launch

Moto G 5G launched in India at Rs. 21,000

As the latest addition to its portfolio of smartphones, Motorola has launched the Moto G 5G model in India.

'Scam 1992' review: An investment worth the risk

Quite like the gigantic financial scam it draws its name from, Scam 1992 is inspiring, entertaining and horrifying, all at once.

30 Aug 2020


Now, Google Pay is bringing NFC-based card payments in India

Last year in September, Google announced the plan to introduce tokenized cards in Google Pay, its dedicated service for peer-to-peer transfers.

17 Aug 2020

Union Health Ministry

When will the coronavirus outbreak peak in India?

India has reported the third-highest number of coronavirus cases for any country in the world, and while the government has repeatedly highlighted that the number of cases per million population is relatively low, the outbreak is still worsening.

22 Jun 2020


OnePlus 8 series goes on sale today at 12pm

OnePlus 8 Pro and 8 is scheduled to go on another sale today at 12 pm via Amazon and

19 Jun 2020


OPPO A52 goes on sale in India at Rs. 17,000

OPPO's mid-range smartphone, the A52, which was announced way back in April, has finally gone on sale in India.

17 Jun 2020


Samsung Frame TV 2020, Smart TV models launched in India

Samsung has launched its next-generation Frame TV 2020 in three different sizes.

15 Jun 2020


OnePlus 8 Pro first sale in India today: Details here

OnePlus 8 Pro is all set to go on sale for the first time in India today at 12 pm via Amazon and

14 Jun 2020


Special deals and discounts on best-selling OPPO smartphones

The nationwide lockdown triggered by the COVID-19 pandemic has badly hit smartphone sales. Thus, to boost sales and make up for losses, various offers are being given on a range of smartphones.

08 Jun 2020


OnePlus 8 to go on sale at 12pm via Amazon

The OnePlus 8 will go on sale in India today at 12 pm via Amazon and the company's website.

30 May 2020


OnePlus 8's next sale in India on June 4

OnePlus's newly-launched flagship smartphone, the OnePlus 8, will once again go on sale in India on June 4 at 12pm via Amazon.

18 May 2020


OnePlus 8 to go on sale at 2pm via Amazon

As part of a special early access sale, OnePlus's newly-launched flagship smartphone, the OnePlus 8, will go on sale for the first time in India today at 2 pm via Amazon.

09 May 2020

Fixed Deposit

SBI reduces FD rates; check revised rates here

India's largest lender State Bank of India (SBI) has slashed interest rates for fixed deposits (FDs) up to three years' tenor by 20 basis points (bps). The new rates will come into effect from May 12.

Exporters flee country after cheating 6 banks; SBI files complaint

Three promoters of a Delhi-based basmati rice export firm have fled the country with over Rs. 400 crore in unpaid bank loans, officials said on Saturday.

06 May 2020

Bank PO

#CareerBytes: SBI PO v/s IBPS PO- Everything you should know

The post of a Probationary Officer (PO) is one of the most coveted jobs in the banking sector as it offers job security and good pay.

05 May 2020


WhatsApp Pay may finally be launched this month: Details here

WhatsApp's much-coveted digital payments service, WhatsApp Pay, may finally be launched by the end of this month.

30 Mar 2020


Now, you can recharge your Jio number from bank ATMs

Reliance Jio has announced that its subscribers can now recharge their prepaid numbers at a nearby bank ATM. The move aims to provide an alternative recharge method for all users, especially to those who cannot do online recharges.

RBI's 3-month EMI moratorium: All you need to know

Earlier in the day, the Reserve Bank of India (RBI) announced a few measures in view of the 21-day lockdown over coronavirus.

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