Mumbai: State Bank of India (SBI) has announced a net profit of Rs 14,330 crore for the July-September quarter of FY24, marking an 8-percent increase from the Rs 13,265 crore recorded in the same period the previous year.
Mumbai: The Reserve Bank of India (RBI), on Wednesday, granted permission to SBI Mutual Fund (SBIMF) to acquire up to 9.99% of paid-up share capital or voting rights in Induslnd Bank.
The State Bank of India on Wednesday said it is availing banking services has announced introduction of 'Mobile Handheld Device’ for its FI customers.
Mumbai: India’s largest lender State Bank of India (SBI) announced the successful issuance of its fourth set of infrastructure bonds, raising Rs 10,000 crore at a coupon rate of 7.49 percent.
Mumbai: The country’s largest lender, the State Bank of India has launched the ‘Nation First Transit Card’ at the Global Fintech Fest 2023.
Public sector lender State Bank of India has unveiled a Customer Service Points functionality that enables hassle-free enrolment for social security schemes through Aadhaar.
Mumbai: Global economic activity remained resilient in the Q1FY24, driven mainly by the services sector, according to State Bank of India’s Group Chief Economic Adviser Dr Soumya Kanti Ghosh.
SBI Life Insurance, a private life insurance company, launched its dedicated 24X7 inbound contact centre to address the before & after purchase queries related to comprehensive insurance solutions provided by the company.
Mumbai: State Bank of India (SBI), the largest bank in India, surpassed market expectations with a massive 178.24% year-on-year (YoY) surge in its profit for the June 2023 quarter to Rs 16,884 crore.
Mumbai: India’s largest lender State Bank of India (SBI) on Monday successfully raised Rs 10,000 crore through its third infrastructure bond issuance at a coupon rate of 7.54 percent.
Mumbai: The government has appointed Swaminathan Jankiraman, the managing director of the State Bank of India (SBI), as the Deputy Governor of the Reserve Bank of India (RBI), an official notification said.
Mumbai: The State Bank of India (SBI) on Friday announced its plan to raise up to Rs 50,000 crore through debt instruments during the current fiscal year.
New Delhi: Insurance Regulatory and Development Authority of India (IRDAI) has named SBI Life Insurance Company Limited (SBI Life) as the acquirer insurer of the life insurance business of Sahara India Life Insurance Co. Ltd (SILIC), media reports said.
Mumbai: Around 80% of the total Rs 2000 notes received are deposited and the rest 20% are exchanged for smaller denominations as per market trends. Even if a fraction of these trends is extrapolated at the banking level, the liquidity in the banking system will shoot much higher compared to previous estimates of around Rs 1 trillion bulge in deposits even if a fraction, said SBI Ecowrap report on Tuesday.
Mumbai: The withdrawal of 2000 rupee note is likely to be a non-event as digital payment in India has been witnessing new milestones, in both value and volume terms, indicating the robustness of our payment ecosystem and acceptance by a wide stratum of consumers, according to an SBI report.