State Bank of India

RBI’s mammoth rate cut to diligently perform a new troika: SBI Research
Business

RBI’s mammoth rate cut to diligently perform a new troika: SBI Research

The RBI monetary policy committee’s (MPC) decision to go for a relatively mammoth cut, while changing the stance to neutral,…
SBI pays Rs 8,077 crore as dividend to govt for FY 2024-25
Business

SBI pays Rs 8,077 crore as dividend to govt for FY 2024-25

Union Finance Minister Nirmala Sitharaman on Monday received a dividend cheque of Rs 8,076.84 crore on behalf of the government…
Lending rates likely to fall by 30 bps after policy rate cut: SBI
Business

Lending rates likely to fall by 30 bps after policy rate cut: SBI

Lending rates are expected to drop by about 30 basis points (bps) after the recent cut in policy rates, according…
SBI, Citi unveil $295 million social loan to empower local smallholder farmers in India
Business

SBI, Citi unveil $295 million social loan to empower local smallholder farmers in India

State Bank of India (SBI) and Citi on Thursday announced a social loan facility of $295 million to support smallholder…
SBI sets Net Zero emissions target for its centenary year in 2055
Business

SBI sets Net Zero emissions target for its centenary year in 2055

The State Bank of India (SBI) is targeting to be Net-Zero in emissions by 2055, the year the bank celebrates…
Extending PLI scheme, uniform GST rate key to boost medical devices market: SBI
Business

Extending PLI scheme, uniform GST rate key to boost medical devices market: SBI

Extending the Production Linked Incentive (PLI) scheme and charting a uniform GST rate can be crucial to help boost the…
SBI posts marginal increase in Q1 net profit at Rs 17,035 crore
Business

SBI posts marginal increase in Q1 net profit at Rs 17,035 crore

State Bank of India (SBI) on Saturday reported a standalone net profit of Rs 17,035 crore for the April-June quarter…
SBI hikes lending rates
Business

SBI hikes lending rates

The country’s largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by…
SBI hikes interest rates on FDs
Business

SBI hikes interest rates on FDs

The State Bank of India (SBI) has raised interest rates on certain fixed deposits (FDs) by up to 0.5 per…
SBI hikes interest rate on loans
Business

SBI hikes interest rate on loans

The State Bank of India (SBI) has hiked its base rate of lending from 10.10 per cent to 10.25 per…
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