State Bank of India (SBI): News
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.
M-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.
Private 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.
Bank 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.
Sensex 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.
SBI 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.
Market 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.
SBI'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.
SBI, 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.
Market 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.
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).
AAP'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.
Rahul 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.
Sensex 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.
SBI 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.
'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.
Major 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.
BSE 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.
Gadkari 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.
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.
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).
'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."
Election Commission releases more data on electoral bonds
The Election Commission of India (ECI) uploaded more data on electoral bonds on Sunday.
Reliance 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.
'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.
Electoral 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).
SC 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.
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.
Electoral 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.
Disclose 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.
Electoral 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.
Contempt 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).
SBI 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).
Sensex gains over 300 points, Nifty settles near 22,200 mark
On Tuesday, the benchmark Sensex and Nifty indices showed an upward trend.
Electoral bonds declared 'unconstitutional': Who can get refunds and how
The Supreme Court of India has declared the electoral bond scheme unconstitutional.
SC asks SBI to stop issuing electoral bonds 'immediately'
The Supreme Court on Thursday struck down the Electoral Bonds Scheme (EBS), calling it "unconstitutional."
SC 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.
Sensex 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.
SBI 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.
Sensex 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.