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The Latest Breaking News from SBI

Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVL

Videocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows separate insolvency proceedings for Videocon Industries and Videocon Oil Ventures. Previously, a tribunal had directed clubbing of these cases. The appellate tribunal cited distinct business sectors. This makes a single…

The Economic Times

SBI Bank Holiday Alert 2026: SBI branches may remain closed for up to 6 days from May 23-28 due to weekend, strike and Bakrid

SBI bank holidays May 2026: SBI branches may be closed for up to six days from May 23, 2026, due to a weekend, a proposed two-day staff strike, and the Bakrid holiday.

The Economic Times

How a book convinced Arundhati Bhattacharya, one of India's most powerful bankers, to try working for a U.S. tech company

Under Arundhati Bhattacharya, Salesforce’s South Asia headcount grew from 2,500 to over 18,000; India is now one of Salesforce’s fastest growing markets.

Fortune

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SBI Apprentice Recruitment 2026: Check vacancies, important dates, eligibility, direct link and more

State Bank of India has announced recruitment for 7,150 apprentice positions under the Apprenticeship Act, 1961. The online application window opens on May 19, 2026, and closes on June 8, 2026. Applicants must hold a graduate degree and fall within the 20-28 age bracket. The selection process involves a written…

The Economic Times

Can Rs 1.5 crore retirement savings give you Rs 1 lakh monthly income for 20 years? Here’s the math

With a Rs 1.5 crore retirement corpus earning 6%, withdrawing Rs 1 lakh monthly can last about 22 years, leaving little balance. Slightly higher returns allow marginally higher withdrawals but nearly exhaust the corpus. Experts caution that returns from the corpus aren’t guaranteed and suggest a safer 3–5% withdrawal rate…

The Economic Times

SBI Report: No direct impact of oil price hike on India's fiscal situation

Fuel prices have risen by Rs 3 per litre. This move aims to reduce losses for oil companies. SBI's research report Ecowrap suggests that the impact on consumer inflation will be temporary. Annual fuel consumption is expected to remain stable. The government's fiscal situation is not directly affected by this…

The Economic Times

NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil Ventures

The NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an NCLT order that had clubbed the two cases. The tribunal emphasized the distinct business sectors of VIL (consumer electronics) and VOVL (oil) and the creditors' intent for independent resolutions, a…

The Economic Times

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SBI must pay Rs 5 lakh to woman despite 6-year delay in claim: Nagpur consumer panel

A Nagpur consumer commission directed SBI to pay Rs 5 lakh to a widow. The payment is for an insurance claim filed six years late. The commission cited the widow's mental shock after her husband's sudden death. It stated the bank failed to inform customers of their rights. The bank's…

The Economic Times

Last date to buy these 12 stocks for dividends, bonus issues and more. Do you own any?

Investors have until today to purchase shares in 12 companies, including SBI and IEX, to qualify for upcoming dividends, bonus issues, and stock splits. These corporate actions will become effective tomorrow, with eligibility determined by the record date. Several companies are offering significant dividends, while others are proceeding with bonus…

The Economic Times

Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in April

Mutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reductions were observed in Wipro, HDFC Bank, and Hindalco Industries across large, mid, and smallcap segments. This active portfolio management reflects ongoing strategic shifts by fund managers.

The Economic Times

SBI shares extend fall to 20% from peak after Q4 NIMs contraction rattles investors. What's ahead for investors?

SBI shares have fallen over 20% from their peak after Q4 earnings revealed margin contraction and a sequential drop in net interest income. Despite this, brokerages maintain a positive outlook, citing strong fundamentals and recommending a 'Buy' rating with revised price targets.

The Economic Times

Gold stocks still overvalued despite market correction: Aditya Shah

Indian markets experienced volatility as geopolitical tensions and rising fuel prices fueled investor caution, leading to a shift towards defensive sectors. Despite near-term range-bound trading, long-term opportunities are seen in select sectors, though gold stocks and capital goods face valuation concerns.

The Economic Times

SBI margins drag PSU banks, but private banks set for comeback: Pranav Gundlapalle, Bernstein

State Bank of India's margin drop was a key event. Analysts suggest the worst may be over for banks. Private sector banks are expected to perform well in FY27. Foreign investor flows are seen as a key factor for stock performance. HDFC Bank and Axis Bank are top picks. Paytm…

The Economic Times

Stocks in news: Groww, Dr Reddy's, Waaree Energies, Lenskart, SBI

Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressive index bets and await clearer directional signals. Pharma and healthcare stocks remain preferred, while dips in energy and metal sectors offer accumulation opportunities.

The Economic Times

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The Economic Times

SBI chief flags risks in rapid growth in digital finance, stresses trust-based innovation

State Bank of India Chairman C S Setty highlighted emerging risks in digital finance and platform lending. He stressed that financial systems must prioritize trust and strengthen governance. India needs significant capital mobilization for its development goals. Banks alone cannot meet these needs, requiring deeper bond markets and broader investor…

The Economic Times

Rs 40 lakh return from Rs 22,000 investment? How ‘Quantum AI’ scam is misusing Nirmala Sitharaman’s name to lure investors

Quantum AI scam: A viral message falsely claims Finance Minister Nirmala Sitharaman is promoting a 'Quantum AI' investment scheme. It promises huge returns on small investments with zero risk and government guarantee.

The Economic Times

SBI employees’ 2-day strike on May 25, 26: Pension fund manager option to ‘NPS employees’, parity issue among 16 demands

SBI employees' nationwide strike May 25, 26: The demands raised by the federation include recruitment of messengers and armed guards, adequate staffing, and stopping outsourcing of permanent roles. AISBISF has also underlined issues like pension related concerns under the National Pension System, lack of inter circle transfers for employees recruited…

The Economic Times

Mutual fund portfolio in loss after 20 months? Expert says don’t judge too early, tweak allocation

An investor's SIP portfolio in SBI Mutual Fund showed a Rs 10,000 loss after 20 months, prompting expert advice. Volatility is inherent in equity markets, and a short investment horizon makes performance judgment difficult. Experts recommend a flexi-cap fund for better diversification and reduced volatility.

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Times Life

After Decades of Service, Employee’s Final Day at Work Leaves Internet Emotional

A heartwarming video of the retirement day of a senior employee of the State Bank of India is trending and gaining popularity among social media users. In the video, the emotional moments of her last working day have been shown. The video is making people nostalgic. The video was uploaded…

MyLifeXP

Amazon Great Republic Day Sale 2026: Best Tablet Deals You Can’t Miss

The Great Republic Day Sale 2026 of Amazon is one of the largest shopping festivals for gadget lovers in India. It is also a great opportunity for those who are planning to buy tablets. The sale starts on January 16, 2026 and early access is granted to Prime members. In…

International Business Times

Warren Buffett Might Hate Bitcoin, But Japan Investments Could be Indirectly Linked to Ripple XRP

Berkshire Hathaway's stake in Sumitomo and SBI Holdings suggests indirect ties to Ripple XRP. Experts see potential in Japan's blockchain adoption for institutional settlement.

Newslaundry

After SC verdict, why were over 8,000 electoral bonds still printed?

In February 2024, the Ministry of Finance ordered the State Bank of India to stop the printing of electoral bonds. This was 12 days after the Supreme Court declared the scheme unconstitutional.

The Independent UK

Who is Gautam Adani – Indian billionaire charged in US in $250m bribery case

Adani’s businesses lost over $150bn in market value last year after Hindenburg Research accused his group of improper use of offshore tax havens

Newslaundry

Fraud network, mastermind in Assam: Inside Oswal cyber fraud case

In the two months since textile baron SP Oswal lost Rs 7 crore to scammers posing as CBI sleuths, the Ludhiana police have identified the “mastermind”, arrested 15 suspects, recovered Rs 4 crore, and claimed to have uncovered a network of scammers spread across Assam, West Bengal, and the Delhi-NCR.

Dynamite News

Union Bureaucracy: Who will be new Cabinet Secretary, Home Secretary?

The tenure of Rajiv Gauba as Cabinet Secretary and Ajay Kumar Bhalla as Home Secretary ends this month. Must follow the story for details:

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