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The Latest Breaking News from SBI

Bangalore University retired professor sues bank after losing Rs 13 lakh to conmen, wins refund

BENGALURU: A retired Bangalore University (BU) professor had not opted for net banking or mobile banking but lost his retirement funds of nearly Rs 13 lakh from his savings bank account to online fraudsters. Denied a refund, the 65-year-old man approached a city consumer court, which has now ordered the…

The Times of India

SBI donates van to CR Foundation

HYDERABAD

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

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Nagarjun stars in FCI’s big win in CHA Super Division League

CHENNAI: Nagarjun scored a brace (53rd 58th) as Food Corporation of India thumped Sports Authority of India 6-1 in the CHA Super Division League match at the Mayor Radhakrishnan Stadium here on Tuesday. In the other match of the day, Sports Development Authority of Tamil Nadu blanked Southern Railway 3-0.

The Times of India

Bengaluru: Cop’s wife attacks SBI branch with machete

BENGALURU: Around 6pm on June 22, staffers at State Bank of India (SBI) in Devanahalli were preparing to down the shutters when they had the shock of their life: A woman, wielding a machete, entered the compound and began abusing bank officials loudly for seizing her house as she had…

The Times of India

Andhra Pradesh: Chief Secretary discusses welfare schemes with SBI CGM

VIJAYAWADA

The Hindu

SBI hikes minimum interest rate on home loans to 7.55%

MUMBAI: The country's largest lender State Bank of India has hiked the minimum interest rates for home loans to 7.55 per cent effective Wednesday.

The Times of India

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SBI hikes deposit, lending rates

NEW DELHI: The country's largest lender SBI has raised its deposit and lending rates following the Reserve Bank's repo rate hike last week.

The Times of India

RBI much ahead in containing inflation: SBI report

NEW DELHI: The Reserve Bank is much ahead of the curve in containing inflation, which appeared to have peaked, though it may go for an interest rate hike in August and October, said an SBI research report on Monday.

The Times of India

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

HYDERABAD

The Hindu

AKAM coins available at select SBI branches

HYDERABAD

The Hindu

GDP numbers a positive surprise, says SBI report

NEW DELHI: The gross domestic product (GDP) numbers released by the Centre on Tuesday do not disappoint much, instead it inspires the market, economists at the State Bank of India (SBI) said in a report.

The Times of India

Tata Group most valuable Indian brand: Top UK firm

NEW DELHI: The Tata Group remains the most valuable Indian brand and its oldest company — Taj Hotels — has emerged as the strongest brand in India, according to UK-based Brand Finance (BF), which is the world's leading sectoral valuation consultancy.

The Times of India

All twice mucked up: Gujarat man gets double cut

AHMEDABAD: A glitch in an ATM transaction wherein a man's account was debited of Rs 20,000 despite the fact that his first attempt to withdraw Rs 10,000 failed has led to a legal battle between two banks – the Bank of India (BOI) and the State Bank of India (SBI)…

The Times of India

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The Times of India

India created 146 lakh payroll in FY22; formalisation rate at 8%: Report

NEW DELHI: Bucking the slump created by Covid-19 pandemic since the past 2 years, India created 146 lakh payroll in financial year 2021-22, a report by State Bank of India (SBI) economists showed on Friday.

The Times of India

SBI economists peg Q4 GDP growth at 2.7%, FY22 expansion at 8.5%

MUMBAI: Upcoming release of official data for economic performance is likely to register a 2.7 per cent growth for the January-March period, and the FY22 growth is expected to be 8.5 per cent, economists at SBI said on Thursday.

The Times of India

Explained: Why inflation in India will take time to moderate even after rate hikes

NEW DELHI: At a time when major economies are bracing up with measures to control soaring prices of essential commodities, a report by State Bank of India (SBI) economists cautioned that India's inflation internals are much different than those of advanced economies like the US.

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:

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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.

Dynamite News

Tata Motors reappoints former SBI chairman Om Prakash Bhatt as Additional Director

Tata Motors has reappointed former SBI Chairman Om Prakash Bhatt as Additional Director till March 7, 2026. Read more on Dynamite News

The Hindu

Markets continue to fall for 2nd day; Sensex declines 85 points

Titan, Wipro, Tech Mahindra, Infosys, Maruti, Asian Paints, Larsen & Toubro, and SBI were among the major laggards, and NSE Nifty declining by 33.45 points or 0.20% to close at 17,069.10

The Hindu

Ex-Telangana MLA’s son, relative booked for duping SBI

Hyderabad

The Times of India

Ex-SBI treasury branch manager booked for Rs 1.89 crore fraud

PANAJI: The Crime Branch of Goa Police booked former State Bank of India (SBI) treasury branch, Panaji, bank manager Rakesh Kumar for allegedly siphoning off funds from the bank to the tune of Rs1.89 crore.

The Times of India

Hyderabad: SBI staffer cons woman of Rs 45 lakh

HYDERABAD: Gopalapuram police on Saturday arrested an outsourcing employee of SBI for siphoning off 45 lakh from the account of a 75-year-old customer.

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