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The Latest Breaking News from SBI

SBI Reports Highest Profit, Broking Houses Lauding Us: Chairman

Chairman of the country's biggest lender State Bank of India (SBI) Dinesh Khara on Saturday asserted that analysts and broking houses are praising the financial performance of the bank which reported its highest profits recently. Read on for details:

Dynamite News

Government ‘singularly responsible’ for India’s economic problems: Congress

India’s economic growth is expected to decline to 5.7% this year from 8.2% in 2021, the UNCTAD Trade and Development Report 2022 projected on Monday

The Hindu

Explained | The electoral bonds scheme and the challenges to it in Supreme Court

So far, from March 2018 to April 2022, over 18 thousand bonds worth over ₹9.8 thousand crore have been sold by the SBI in 20 tranches

The Hindu

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SBI rejects former CBDT chairman’s claim for his money swindled by scammers

Though the fraudulent transaction was partly frozen, bank refuses to return money citing negligence of customer

The Hindu

SBI rejects CBDT former chairman’s claim of his money being swindled by scammers

Though the fraudulent transaction was partly frozen, bank refuses to return money citing negligence of customer

The Hindu

SBI raises benchmark lending rate by 0.7%

SBI announcement would make loan repayment linked to Benchmark Prime Lending Rate costlier

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SBI ‘Export Utsav’ on Sept. 14

HYDERABAD

The Hindu

Andhra Pradesh: Police arrest two of six-member Bangladeshi ATM robbery gang

Hunt on for kingpin; embassy has been alerted, says Krishna SP

The Hindu

Andhra Pradesh: Three persons arrested for setting fire to SBI ATM in Anantapur

ANANTAPUR

The Hindu

CBI searches 25 locations over coins worth ₹11 crore going missing from SBI vaults

The searches were spread across 25 locations.

The Hindu

Business: SBI net profit dips 7 pc to Rs 6,068 cr in Q1

The bank had reported a net profit of Rs 6,504 crore in the April-June quarter of 2021-22. Read More on Dynamite News:

Dynamite News

‘Calicut varsity incurred losses by depositing funds in bank’

Interest rates given were less than that of treasury accounts, says AG’s report

The Hindu

SBI donates ambulance to UoH

HYDERABAD

The Hindu

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The Hindu

Spread word on Atal Pension Yojana, banks urged

HYDERABAD

The Hindu

Only 50% farmers benefited from farm loan waivers, finds study

The SBI study flags poor implementation rate in Telangana, M.P., Jharkhand, Punjab, Karnataka and U.P.

The Hindu

CBI registers case against private company on SBI’s complaint alleging loss of ₹1,438.45 crore

The investigative agency said it conducted searches at three premises of the accused in Mumbai and Pune which led to recovery of incriminating documents/articles

The Hindu

SBI donates van to CR Foundation

HYDERABAD

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The Hindu

SBI to offer collateral-free assistance up to ₹2 crore to start-ups

SBI to float dedicated branches for start-ups, will open its first exclusive start-up branch at Innovation Tower, HSR Layout, Bengaluru. It will open more such branches in Mysuru, Mangaluru, Hubballi and Belagavi

The Hindu

Andhra Pradesh: Chief Secretary discusses welfare schemes with SBI CGM

VIJAYAWADA

The Hindu

Banks sanction ₹ 222 crore loans at Azadi Ka Amrit Mahotsav programme

HYDERABAD

The Hindu

AKAM coins available at select SBI branches

HYDERABAD

Dynamite News

Business: SBI raises lending rate by 0.1%; EMIs to go up

The State Bank of India (SBI) has raised its marginal cost of funds based lending rate by 10 basis points or 0.1 per cent across all tenures leading to an increase in EMIs for borrowers. Read morw on Dynamite News:

The Hindu

‘Fintech the way forward for banking’

SBI deputy MD addresses IEM Economic Summit 2022

Tribune News Service

Raleigh police kill man after he sets cars on fire, throws Molotov cocktails at officers

RALEIGH, N.C. — Raleigh police said a man died Saturday after four police officers shot him outside of a police station in Southeast Raleigh.

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