State Bank Of India

Retail Participation In Stock Markets Rising: SBI Report

Business | Reported by Sakshi Bajaj, Edited by Animesh Singh | Tuesday June 22, 2021

According to a State Bank of India report, increasing retail participation could enable a larger pool for funding India's infrastructure needs.

State Bank Of India Gains After Board Approves Raising Rs 14,000 Crore

Business | Edited by Abhishek Vasudev | Tuesday June 22, 2021

SBI shares were witnessing lower than usual trading volumes as 3.54 lakh shares changed hands on the BSE compared with an average of 13.66 lakh shares traded daily in the past two weeks.

Sensex Surges Over 450 Points, Trades Above 53,000 For First Time

Business | Edited by Abhishek Vasudev | Tuesday June 22, 2021

Reliance Industries, ICICI Bank, HDFC, Tata Consultancy Services, Maruti Suzuki and State Bank of India were among the top movers in the Sensex.

Stocks To Watch: SBI, Bharti Airtel, Oil India

Business | Edited by Peter Noronha | Tuesday June 22, 2021

State Bank of India's central board has accorded approval for raising fresh Additional Tier 1 capital up to an amount of Rs 14,000 crore, subject to government concurrence

SBI Warns Customers Of KYC Fraud: Here's How You Can Keep Your Account Safe

Business | Edited by Nikita Prasad | Thursday June 17, 2021

State Bank of India issued alert warning customers of instances where fraudsters have duped people with the Know Your Customer(KYC) verification.

SBI Launches Kavach Personal Loan Scheme: All You Need To Know

Business | Edited by Nikita Prasad | Tuesday June 15, 2021

The State Bank of India (SBI) launched a collateral-free loan scheme called the Kovach Personal Loan' for the families affected by COVID-19.

SBI Changes Eligiblity Criteria For Engineer (Fire) Post, Reopens Registration

Jobs | Edited by Maitree Baral | Tuesday June 15, 2021

State Bank of India (SBI) has invited applications to recruit 16 Engineers (Fire) in junior management grade scale 1.

SBI Union, Others Urge Reserve Bank To Scrap Digital Payments Plan-Letter

Business | Reuters | Wednesday June 9, 2021

The letter urged the central bank to scrap the "whole process of NUE licensing" and focus on strengthening the domestic payments group, NPCI.

State Bank Of India Customers Need to Update These Documents By June 30 To Avail Seamless Services

Business | Edited by Animesh Singh | Monday June 7, 2021

State Bank of India said that the PAN will be rendered inactive and would not be used for specific transactions.

State Bank Of India Invests Undisclosed Amount In Digital Payments Startup Cashfree

Business | Edited by Animesh Singh | Monday June 7, 2021

SBI has invested an undisclosed amount in digital payments and banking technology Bengaluru-based startup Cashfree.

Yamuna Body Gets Rs 3,725 Crore Loan From SBI To Develop Airport In Jewar

India News | Press Trust of India | Friday June 4, 2021

The Yamuna International Airport Private Limited (YIAPL) has secured a loan of Rs 3,725 crore from the State Bank of India for the development of Noida international airport at Jewar in Uttar Pradesh, according to a statement issued on Friday.

SBI, India's Biggest Bank, Torn Between BlackRock and Funding Coal

Business | Suvashree Ghosh, Bloomberg | Thursday June 3, 2021

The listed state-owned lender has a tough balancing act on its financial support for coal-fired power plants, which are a major contributor to air pollution.

Sensex, Nifty Snap Seven-Day Winning Streak, Dragged By Banks

Business | Edited by Abhishek Vasudev | Tuesday June 1, 2021

Gains in HDFC, Bajaj Finance, State Bank of India and Reliance Industries were offset with losses in ICICI Bank, Infosys, Asian Paints and HDFC Bank.

Public Sector Banks To Offer Unsecured Loans Up To Rs 5 Lakh For Covid Treatment

Business | Edited by Abhishek Vasudev | Monday May 31, 2021

Business loans for healthcare facilities up to Rs 100 crore will be provided to setup or expand healthcare infrastructure.

SBI Increases Cash Withdrawal Limit. Check Withdrawal Limits Here

Business | Edited by Abhishek Vasudev | Monday May 31, 2021

State Bank of India customers can withdraw up to Rs 25,000 from their non-home branch using cash withdrawal slip accompanied savings bank passbook.