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Searched Tag: sbi
Consequently, the SBI raised the upper interest rate band by 25 basis points to 8.70 per cent from its previous 8.45 per cent

SBI raises home loan interest rates

August 17, 2025, 02:39 PM - 3 min read

The bank’s revision came after the Reserve Bank of India’s (RBI) decision to keep its repo rates unchanged at 5.55 per cent in the August 2025 Monetary Policy meeting

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Representative image.

India's per capita GDP to hit ₹2.35 lakh in FY25: SBI

March 1, 2025, 10:28 AM - 3 min read

India’s per capita GDP at current prices is projected to reach ₹2.35 lakh in FY25, driven by robust policy-making and improved benefit distribution through DBT, according to an SBI report. The report highlights a ₹40,000 rise in per capita GDP over two years, alongside steady private consumption growth.

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India’s Export Sectors Brace for Impact of US Tariffs.

India to face $7 bn loss from US reciprocal tariffs

February 18, 2025, 03:57 PM - 4 min read

The potential imposition of reciprocal tariffs by U.S. President Donald Trump starting in April has raised concerns within India's export sectors.

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SBI says US tariffs will have limited effect on India exports.

India to face minimal impact from US reciprocal tariffs: SBI

February 17, 2025, 04:10 PM - 5 min read

The United States’ proposed reciprocal tariffs on India’s exports are expected to have only a minimal impact, according to the State Bank of India (SBI).

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HDFC, SBI hit hard as top firms' valuations shrink in a week

HDFC, SBI hit hard as top firms' valuations shrink in a week

November 17, 2024, 10:34 AM - 2 min read

The valuation of Hindustan Unilever slumped ₹27,830.91 crore to ₹5,61,329.10 crore, and that of Reliance Industries declined by Rs 22,057.77 crore to ₹17,15,498.91 crore.

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K'taka govt puts circular prohibiting dealings with SBI, PNB on hold

K'taka puts circular prohibiting SBI, PNB dealings on hold

August 16, 2024, 09:03 PM - 2 min read

A government circular issued on August 12 ordered all its departments, boards, corporations, public sector units and universities to withdraw all their deposits and investments in the SBI and the PNB and stop transacting any business with these institutions.

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MEA and SBI sign MoU to enhance eMigrate portal with SBIePay.

MEA, SBI sign MoU for digital emigration payment

June 15, 2024, 01:59 PM - 2 min read

The MoU seeks to "provide additional digital payment services of the SBI through payment gateway called SBIePay to Indian migrant workers, recruiting agents and other users of the eMigrate portal: (https://emigrate.gov.in)".

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SBI shares surge 9.8%, hit record high as market cap tops ₹8 lakh Cr

SBI hits record high on NDA win predictions

June 3, 2024, 04:46 PM - 2 min read

Shares of SBI rose 9.8% to reach an all-time high of ₹911.30 apiece in today's intraday session. This pushed the bank’s market capitalisation beyond ₹8 lakh crore for the first time, making it the first PSU company to achieve this milestone.

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In a recent statement, State Bank of India (SBI) Chairman Dinesh Khara expressed confidence in India's economic trajectory, highlighting conditions that suggest an imminent upshift in real GDP growth.

SBI Chairman foresees India's GDP growth, eyes 14-16% credit growth in FY25

May 10, 2024, 02:56 PM - 2 min read

Khara said, "The bank's commitment to supporting growth across conventional industries and highlighted the multiplier effect of infrastructure spending on overall investment" Sectors such as batteries, electric vehicles (EVs), and semiconductors are anticipated to drive funding demand in the coming year.

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A scene from outside the robbed SBI branch in Manipur's Churachandpur.

Armed men rob SBI branch in Manipur's Churachandpur

May 2, 2024, 05:08 PM - 2 min read

Around 2 pm, four unidentified armed men, their faces obscured by masks and helmets, stormed into the State Bank of India's Salbung branch in the Tuibong area.

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State Bank of India.

SBI uses RTI to withhold details on electoral bonds

April 11, 2024, 06:23 PM - 2 min read

The bank denied to give information under sections 8(1)(e) & 8(1)(j) of the RTI Act.

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State Bank of India (SBI), the largest public sector bank in India, has announced a hike in its annual maintenance charges for various categories of debit cards, effective from April 1, 2024.

SBI announces increase in annual debit card maintenance charges effective April 1

April 1, 2024, 10:08 AM - 2 min read

The revised charges will impact a range of SBI debit card variants, including Classic, Silver, Global, Platinum, Contactless, Yuva, Gold, Combo Debit, and My Card (Image Card). Notably, fees for issuance and replacement of debit cards will also be adjusted in accordance with the revision.

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