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» 2019-03-25

State Bank of India said it has no plans to buy the 24% stake owned by Abu Dhabi-based Etihad Airways in embattled Indian carrier Jet Airways. The report ” is […]

» 2019-03-12

India’s largest commercial bank, State Bank of India (SBI), launched ‘doorstep banking’ for senior citizens, the differently-abled and infirm customers, including those with visual-impairment. Under this facility, doorstep services will […]

» 2019-03-05

State Bank of India and Hitachi Payment Services announced the start of operations of their payment processing venture in India as India’s largest bank tries to stay on top of […]

» 2018-10-08

NTPC, India’s biggest power producer, said it has taken a loan of Rs 5,000 cr from the State Bank of India to fund its capital expenditure. The loan is repayable […]

» 2018-09-26

State Bank of India, the country’s largest bank, said it has approved the sale of a 4% stake in its general insurance arm to Premji Invest and Axis Asset Managment […]

» 2018-08-13

Indian banks will need between $40 bln to $55 bln (Rs 2.8 lakh cr to Rs 3.8 lakh cr) of additional capital to meet the Basel III capital adequacy norms […]

» 2018-08-02

Reliance Jio and State Bank of India today announced further deepening of their financial relationship, including deeper penetration of SBI services into Jio’s customer care app MyJio. “MyJio, one of […]

» 2018-05-22

State Bank of India, the country’s largest bank, reported a sharp increase in its quarterly net loss in Jan-Mar after setting apart a whopping Rs 24,080 cr in the three […]

» 2017-12-24

The Reserve Bank of India has released the list of Indian banks and their non-performing assets as of September 30, 2017, the latest period for which financial data is available. […]

» 2017-12-20

Not a single employee was laid off or removed as part of the merger of five associate banks with State Bank of India, the government said, adding that the bank […]

» 2017-12-04

A senior State Bank of India official warned against assuming that the bad loan malaise affecting the Indian banking sector has started declining. Praveen Kumar Gupta, MD in charge of […]

» 2017-10-10

State Bank of India, the country’s largest bank, said Moody’s Analytics will train its employees to source, appraise and monitor loans. SBI employees will be granted the Moody’s Analytics Certificate […]

» 2017-09-28

The ongoing rollout of Bharat QR and other mobile payment systems could result in some pain for banks as it could make it harder for their card or PoS business […]

» 2017-09-06

India’s biggest bank, State Bank of India, has been forced to issue warning letters to its customers after fraudsters targeted the banks’ customers with fake schemes and offers. An email […]

» 2017-08-30

State Bank of India has opened the largest number of accounts under India’s universal pension scheme for the unorganized sector, the government said today. State Bank of India has opened […]

» 2017-08-21

State Bank of India, India’s largest commercial bank, has waived processing charges on car loans till the end of the year, while halving the charge on some personal loans till […]

» 2017-08-08

Only three public sector banks — State Bank of India, Indian Overseas Bank and Corporation Bank — levy charges on even the smallest money transfer done via mobile phones using […]

» 2017-08-01

State Bank of India said it was enabling payment by Samsung Pay service on some of its higher debit card variants. Samsung Pay works by mimicking the ‘swiping’ action of […]

» 2017-07-13

The demonetization of currency notes late last year has doubled the number of card transactions and helped push India’s payment digitisation by three years, State Bank of India said in […]

» 2017-07-10

State Bank of India said it had decided to conduct an initial public offer for some of its shares in its insurance subsidiary SB Life Insurance. BNP Paribas Cardif S.A. […]

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