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SBI News

01 Oct 2024

SBI Card Launches Co-Branded Credit Card With Singapore Airlines

The joining and annual renewal fee for the KrisFlyer SBI Card is Rs 2,999 plus applicable taxes, and Rs 9,999 plus applicable taxes for the KrisFlyer SBI Card Apex.

20 Sep 2024

Maldives Thanks India For $50M Budgetary Support: Second Boost This Year

At the request of the Maldivian government, the State Bank of India (SBI) has subscribed the USD 50 million government Treasury Bills.

State Bank of India

18 Sep 2024

State Bank of India Raises Rs 7,500 Cr Via Basel III Compliant Tier 2 Bond

The bonds are issued for a tenor of 15 years, with call option after 10 years and each anniversary dates thereafter and are rated AAA with stable outlook from CRISIL Ratings Limited and CARE Ratings Limited.

05 Sep 2024

List Of Private, Public Sector Banks Offering High Interest Rates On 1-Year FD

All banks keep revising their Fixed deposit rates from time to time so that the investor's money can grow. Fixed deposits of banks in India, usually have 7 days as minimum tenure while the maximum tenures is 10 years.

31 Aug 2024

SBI Adjusts Full-Year GDP Growth to 7% After Q1 FY25 Hits 6.7%

According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth for the first quarter (Q1) of the financial year 2024-25 (FY25) is still higher than the average decadal growth of 6.4 per cent for Q1.

State Bank of India

30 Aug 2024

THESE 5 Special FD Schemes With High Interest Rates Are Ending On September 30

Banks had earlier introduced the scheme for a select period to provide senior citizens and regular customers with a chance to get better returns on their investments.

29 Aug 2024

Mule A/c Used For Rs 175 Cr Fraud In Hyderabad SBI Branch; Mastermind In Dubai

Cyber Security Bureau has advised people to avoid opening a bank account for someone else or carrying out any dubious transactions stating that if you have already opened a mule account, report it to 1930 or cybercrime.gov.in.

State Bank of India

28 Aug 2024

State Bank of India Raises Rs 7,500 Through Basel III Compliant Tier 2 Bond

The bonds are issued for a tenor of 15 years, with call option after 10 years and each anniversary dates thereafter.

25 Aug 2024

Top 9 Valued Firms Add ₹95,522 Cr in Market Cap; Reliance, TCS Lead

The Mcap of Bharti Airtel rallied by Rs 12,268.39 crore to Rs 8,57,392.26 crore and that of ICICI Bank by Rs 11,524.92 crore to Rs 8,47,640.11 crore.

20 Aug 2024

IDBI Hikes Fixed Deposit Interest Rates On THESE Tenures Vs SBI

IDBI Bank offers up to 7.85% on fixed deposits for select tenures, valid until September 30, 2024. SBI’s Amrit Kalash scheme provides 7.10%, with 7.60% for seniors.

State Bank of India

19 Aug 2024

Decline In Bank Deposits Due To Non-uniform Tax Treatment THIS Reason

SBI attributed the fall in deposits to the varied rates of return offered by different investment options for similar time frames and different tax rates on returns on deposits.

16 Aug 2024

Latest FD Interest Rates 2024: Check 5 Banks Offering High Interest Rates

Check major Indian banks offering high fixed deposit interest rates on 3 year tenor.

13 Aug 2024

SBI Plans To Sell Its Rs 18,420 Crore Stake In Yes Bank By End Of March

SBI currently owns about 24% of Yes Bank, while 11 other lenders, including ICICI Bank and HDFC Bank, who were also part of Yes Bank's rescue, collectively hold 9.74%.

State Bank of India

03 Aug 2024

SBI Records Net Profit Of Rs 17,035 Cr With Increase In Operating Profit

The bank's Net Interest Income (NII) for Q1FY25 rose by 5.71 per cent YoY, reflecting improved interest earnings.

27 Jul 2024

Fixed Deposit Rates SBI Vs HDFC Vs ICICI Vs PNB And More --Check Comparison

Check the latest FD rates being offered by leading banks such SBI, HDFC, ICICI, PNB.

Microsoft Outage

19 Jul 2024

Microsoft Outage: SBI Reports Systems Unaffected And Working Smoothly

The outage disrupted flights, banks, media outlets and companies around the world on Friday.

16 Jul 2024

SBI Unveils Amrit Vrishti Term Deposit Scheme For 444 Days With 7.25% Interest

SBI Amrit Vrishti scheme is available for investment until March 31, 2025.

State Bank of India

15 Jul 2024

SBI Home Loan Customers Alert! Bank Hikes MCLR Rates Effective From Today

SBI Home loan borrowers take note: Bank has announced hike in its MCLR rates effective from today, 15 July 2024.

State Bank of India

11 Jul 2024

State Bank of India To Offer Online Loan Against Mutual Funds

The new loan facility is extended at attractive interest rates to mutual fund schemes of all Asset Management Companies (AMCs) registered with CAMS, said SBI.

State Bank of India

11 Jul 2024

SBI Shares Jump In Morning Trade As Bank Raises Rs 10,000 Crore

SBI yesterday said that it has raised Rs 10,000 crores at a coupon rate of 7.36% through its sixth infrastructure bond issuance.

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