SBI predicts retail inflation in India to drop below 3% in Q1 FY26, with RBI rate cuts totaling 125 bps. The report highlights a 'Goldilocks period' of low inflation and moderate G...
SBI attributes a slowdown in loan growth to companies using IPO proceeds for debt repayment, adjusting its FY25 credit growth forecast. Despite this, sectors like SMEs and agricult...
SBI aims to maintain a return on assets over 1% in FY26 despite rate cut pressures, with strategies to adjust deposit rates and focus on asset quality and profitability.
State Bank of India's net profit fell by 9.9% due to a one-time provision for pension liabilities, while announcing plans for a significant capital raise and reporting improved ass...
State Bank of India (SBI) reports a 10% YoY drop in Q4 net profit to Rs 18,642.59 crore but declares a dividend of Rs 15.90 per share. Despite the profit dip, NII rose by 2.7% YoY,...
Following the RBI's recent rate cut, SBI has reduced its deposit rates by 10bps, affecting select tenors and potentially lowering borrowing costs. The move aligns with broader mone...
SBI reduces lending rates by 25 bps following RBI's rate cut, aiming to boost economic growth amid US tariff concerns. Revised rates effective from April 15, 2025, with adjustments...
State Bank of India is pioneering the use of agentic AI to enhance customer service, with plans to extend this technology from staff to customers. The bank's hybrid cloud strategy ...
SBI's main branch in Delhi celebrates its 100th anniversary, marking a century of banking service with the release of a special cover. Originally named Raisina Road Branch, it was ...
SBI customers experienced a major outage in UPI and mobile banking services for over four hours due to technical issues, disrupting digital transactions across the country. The iss...
SBI launches a collateral-free SME loan for women entrepreneurs and introduces the 'Nari Shakti' debit card, aiming to empower women-led businesses with easier access to funding an...
The State Bank of India reports that women-centric Direct Benefit Transfer schemes are straining state finances, with costs exceeding Rs 1.5 lakh crore across eight states. These i...
SBI chairman C S Setty calls for expanding listed companies, promoting spot transactions, and enhancing market transparency to support India's economic growth and achieve net-zero ...
SBI's Har Ghar Lakhpati RD scheme offers a strategic way for individuals to build a Rs 1 lakh corpus through monthly investments. With varying interest rates for general residents ...
SBI and HDFC Bank have increased fixed deposit rates, especially for seniors above 80, as part of a strategy to attract more savings. SBI introduces a new category for super senior...
State Bank of India introduces a digital onboarding process for NRIs, eliminating paperwork for NRE and NRO accounts. This move, aimed at enhancing customer convenience and reducin...
SBI Chairman C S Setty discusses the bank's strategies for navigating a competitive market, enhancing digital and physical channels, and contributing to economic growth. He emphasi...
