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State Bank of India (SBI): News

16 Jul 2025
Stock Market

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.

15 Jul 2025
Business

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.

07 Jul 2025
Canara Bank

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.

06 Jul 2025
Punjab National Bank

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.

06 Jul 2025
HDFC Bank

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.

02 Jul 2025
Business

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.

02 Jul 2025
WhatsApp

You can now invest in SBI's mutual funds via WhatsApp

SBI Mutual Fund has launched SmartAssist, an AI-powered conversational assistant on WhatsApp.

30 Jun 2025
Canara Bank

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.

29 Jun 2025
HDFC Bank

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.

29 Jun 2025
Ministry of Finance

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.

16 Jun 2025
HDFC Bank

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.

16 Jun 2025
Japan

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.

14 Jun 2025
ICICI Bank

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."

02 Jun 2025
WhatsApp

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.

01 Jun 2025
Bharti Airtel

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.

13 May 2025
Apple

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.

06 May 2025
HDFC Bank

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.

03 May 2025
Business

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).

22 Apr 2025
Indian Government

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.

19 Apr 2025
Indian Government

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.

14 Apr 2025
HDFC Bank

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.

09 Apr 2025
Vijay Mallya

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.

08 Apr 2025
Ministry of Finance

₹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.

25 Mar 2025
Axis Bank Ltd

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.

16 Mar 2025
Infosys

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.

09 Mar 2025
Reliance Industries

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.

03 Mar 2025
Business

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).

17 Feb 2025
Paytm

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).

17 Feb 2025
United States of America

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.

06 Feb 2025
Business

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.

29 Jan 2025
Business

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.

27 Jan 2025
India

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.

26 Jan 2025
Reliance Industries

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.

18 Dec 2024
Business

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).

15 Dec 2024
Bharti Airtel

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.

08 Dec 2024
HDFC Bank

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.

05 Dec 2024
Canara Bank

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.

03 Dec 2024
Indian Premier League (IPL)

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.

22 Nov 2024
Adani Group

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.