State Bank of India

SBI launches ‘CHAKRA’ centre to finance India’s sunrise sectors
Business

SBI launches ‘CHAKRA’ centre to finance India’s sunrise sectors

India’s largest state-owned lender, State Bank of India, on Saturday announced the launch of CHAKRA — a Centre of Excellence…
SBI cuts lending, retail deposit rates from Dec 15
Business

SBI cuts lending, retail deposit rates from Dec 15

The State Bank of India (SBI) has announced marginal reductions in key lending benchmarks and select term deposit rates, effective…
RBI retains SBI, HDFC Bank & ICICI Bank in ‘Systemically Important’ category
Business

RBI retains SBI, HDFC Bank & ICICI Bank in ‘Systemically Important’ category

The Reserve Bank of India announced on Tuesday that State Bank of India (SBI), HDFC Bank, and ICICI Bank will…
RBI Governor says it’s not regulator’s job to take decisions for bank boards
Business

RBI Governor says it’s not regulator’s job to take decisions for bank boards

Stressing that Indian banks are far more mature today than they were a decade ago, RBI Governor Sanjay Malhotra said…
Inflation likely around 0.45 pc next month, time for decisive RBI actions: SBI
Business

Inflation likely around 0.45 pc next month, time for decisive RBI actions: SBI

India’s inflationary print is likely to come around 0.45 per cent next month and that makes a strong case for…
SBI asks RBI to allow banks to finance acquisitions
Business

SBI asks RBI to allow banks to finance acquisitions

State Bank of India (SBI), the country’s largest lender, has requested the Reserve Bank of India (RBI) to allow banks…
SBI raises home loan rates by 25 basis points for new borrowers
Business

SBI raises home loan rates by 25 basis points for new borrowers

Despite the RBI’s repo rate cut to 5.5 per cent, aimed at easing borrowing costs, India’s largest mortgage lender, State…
MSMEs buck overall headline trend in credit growth in India
Business

MSMEs buck overall headline trend in credit growth in India

The Indian credit market is witnessing some structural shifts with headline bank credit growth and micro, small and medium enterprises…
SBI storms into 70th year with balance sheet soaring to Rs 66 lakh crore
Business

SBI storms into 70th year with balance sheet soaring to Rs 66 lakh crore

The State Bank of India (SBI), the nation’s largest financial institution, is celebrating its 70th year of operations with a…
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,…
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