State Bank of India (SBI): News
27 Jun 2023
Gautam AdaniHindenburg report was 'targeted misformation' to earn profit: Adani
In a scathing attack on Hindenburg Research, Adani Group Chairman Gautam Adani said the report, which accused the conglomerate of stock manipulation and financial irregularities, was a combination of "targeted misinformation and discredited allegations" aimed at harming the conglomerate's reputation.
19 Jun 2023
Unified Payment Interface (UPI)UPI has replaced much of the currency in circulation: SBI
Ever since its introduction in 2016, the Unified Payment Interface (UPI) has grown in popularity. Its meteoric rise has made India one of the leaders in digital payments across the world.
23 May 2023
Reserve Bank Of India (RBI)You can start exchanging your Rs. 2,000 notes from today
Anticipating a rush to exchange Rs. 2,000 notes, which begins on Tuesday, numerous banks have reportedly set up dedicated counters, people to manage queues, and enough inventory of lower denomination banknotes.
21 May 2023
Reserve Bank Of India (RBI)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
SensexSensex 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
Odisha70-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 GroupSBI'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.
27 Mar 2023
Reserve Bank Of India (RBI)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 MallyaMallya 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 PartyAdani-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
FinanceElectoral 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
IndiaHow 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
WalmartLIC, 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
WhatsAppSBI 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
EducationBank 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
ReutersIndia'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
EmploymentBharat 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
IndiaCBI 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.
05 Jul 2021
Enforcement Directorate (ED)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.
29 Jun 2021
Reserve Bank Of India (RBI)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 PradeshTwo 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
LondonVijay 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
IndiaFASTag 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
KarnatakaVHP 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 LaunchMoto 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.
18 Oct 2020
Bombay Stock Exchange (BSE)'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
IndiaNow, 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 MinistryWhen 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
OnePlusOnePlus 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 OnePlus.in.
19 Jun 2020
FlipkartOPPO 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
SamsungSamsung 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
OnePlusOnePlus 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 OnePlus.in.
14 Jun 2020
OPPO A5Special 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
AmazonOnePlus 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
OnePlusOnePlus 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
AmazonOnePlus 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 DepositSBI 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.
09 May 2020
Central Bureau Of Investigation (CBI)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
WhatsAppWhatsApp 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
ICICI BankNow, 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.
27 Mar 2020
Reserve Bank Of India (RBI)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.
22 Mar 2020
FlipkartMotorola 75-inch Android TV available with Rs. 1.41 lakh discount
Planning to upgrade from your old television to a new high-end 4K television? Well, here's something exciting for you.
21 Mar 2020
FlipkartLenovo's gaming laptop available with a whopping Rs. 92,500 off
If you are thinking to buy a new high-performance laptop to satisfy your gaming needs, then here is an exciting offer for you.
21 Mar 2020
SamsungFlipkart Big Shopping Days: Best deals on top-selling smart TVs
In an attempt to ramp up sales, Flipkart is hosting Big Shopping Days sale on its platform with exciting discounts available across product categories.
18 Mar 2020
Reserve Bank Of India (RBI)Yes Bank resumes full banking services as RBI lifts moratorium
The ailing private lender Yes Bank on Wednesday confirmed that its banking services are now fully operational.
18 Mar 2020
FlipkartFlipkart Big Shopping Days: POCO X2 to go on open-sale
The recently-launched POCO X2 will be up for grabs in India via a limited-period open sale starting tonight. As part of Flipkart's Big Shopping Days sale, the smartphone will remain available for purchase until March 22.
14 Mar 2020
Reserve Bank Of India (RBI)Yes Bank rescue plan unveiled, withdrawals restrictions to be lifted
Crisis-hit Yes Bank got a lifeline after the Union Cabinet, chaired by Prime Minister Narendra Modi, notified a reconstruction plan backed by the State Bank of India (SBI).
07 Mar 2020
Reserve Bank Of India (RBI)SBI working on Yes Bank's reconstruction scheme, says bank chief
State Bank of India Chairperson Rajnish Kumar on Saturday said that the bank has received the draft scheme for the reconstruction of the crisis-hit Yes Bank.
06 Mar 2020
Reserve Bank Of India (RBI)Explained: The rise and fall of Yes Bank
Yes Bank depositors panicked when on Thursday, the Reserve Bank of India (RBI) capped cash withdrawals at Rs. 50,000.
06 Mar 2020
Reserve Bank Of India (RBI)Amid Yes Bank crisis, Sitharaman assures depositors' money safe
Finance Minister Nirmala Sitharaman on Friday gave assurance to the depositors of cash-starved Yes Bank.
06 Mar 2020
Reserve Bank Of India (RBI)Yes Bank crisis: Things to know if you're a customer
In a drastic move, the Reserve Bank of India (RBI) took over the board of private lender Yes Bank on Thursday night, while also putting a cap of Rs. 50,000 on withdrawals.
05 Mar 2020
IndiaTroubled Yes Bank under moratorium; withdrawals limited to Rs. 50,000
The Central government has imposed an order of moratorium on troubled private lender, Yes Bank, on Thursday as per the recommendation of the Reserve Bank of India (RBI).
05 Mar 2020
IndiaIndia's five most influential and successful women in finance
The world of finance used to be seen as an industry only for men for the longest time. However, that has changed in the last few years.
07 Feb 2020
Reserve Bank Of India (RBI)SBI home loans to get cheaper as lender slashes MCLR
India's largest lender, the State Bank of India (SBI) on Friday cut its lending rates.
21 Jan 2020
Bank PO#CareerBytes: All you need to know about SBI PO Exam-2020
The post of a Bank Probationary Officer (PO) is one of the most coveted jobs among youngsters in the country.
17 Jan 2020
LondonVijay Mallya's French-mansion, having 17 bedrooms and helipad, is rotting
The "King of Good Times", Vijay Mallya, once bought a mansion in France complete with 17 bedrooms, a private helipad, nightclub, and even a theater.