State Bank of India
RBI’s mammoth rate cut to diligently perform a new troika: SBI Research
Business
2 weeks ago
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
2 weeks ago
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
2 weeks ago
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
April 3, 2025
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
February 23, 2025
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
January 25, 2025
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
August 4, 2024
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
July 15, 2024
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
December 27, 2023
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
December 15, 2023
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…