The Reserve Bank of India (RBI) has fined State Bank of India and Jana Small Finance Bank for regulatory non-compliances, emphasizing that these penalties are for compliance issues...
SBI and seven other lenders sell a 20% stake in Yes Bank to Japan's SMBC for Rs 13,483 crore, the largest cross-border investment in India's banking sector, making SMBC the largest...
Sumitomo Mitsui Banking Corp is nearing a historic acquisition of Yes Bank, potentially the largest banking M&A deal in India. The deal involves negotiations with SBI and other sta...
Indian Overseas Bank (IOB) has raised Rs 1,436 crore through a QIP, with major investments from LIC and SBI. The move increases its capital and plans for future growth, aiming to b...
SBI chairman C S Setty discusses how digitalization initiatives have enabled banks to lend more effectively to the MSME and agriculture sectors, transforming these areas and expand...
This week, India's top ten companies saw a significant surge in market capitalization, led by TCS and SBI. Despite some declines, the overall market sentiment remains positive, wit...
Finance minister Nirmala Sitharaman calls for digital transformation and innovation in the banking sector, emphasizing the need to adapt to changing customer expectations and techn...
The State Bank of India (SBI) recommends prioritizing healthcare and insurance in the Union Budget 2025, suggesting increased healthcare spending, tax exemptions on insurance premi...
SBI report shows food inflation declines faster in high-income states due to workforce movement. Retail inflation aligns with RBI's 4% target. GFCF distribution changes noted.
