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Searched Tag: state bank of india
Indian Railways and SBI sign MoU to offer enhanced insurance benefits to railway staff, in the presence of Minister Ashwini Vaishnaw.

Railway staff with SBI salary accounts to get ₹1 cr death cover

September 2, 2025, 11:02 AM - 2 min read

The agreement was signed in the presence of Minister Ashwini Vaishnaw.

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The State Bank of India (SBI) said on Saturday it entered into a Line of Credit agreement with the French Development Agency that encompasses using EUR 100 million to fighting climate change

SBI and AFD enter 100 mn euro green financing collab

August 30, 2025, 07:17 PM - 2 min read

The State Bank of India (SBI) said on Saturday it entered into a Line of Credit agreement with the French Development Agency that encompasses using EUR 100 million to fighting climate change

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As the Sensex jumped 709.19 points in the last week, the combined market valuation of eight of the top-10 most-valued firms saw continued gains from the previous week

Reliance leads market valuation jump by 8 most-valued firms

August 24, 2025, 05:40 PM - 2 min read

The combined market valuation of eight of the top-10 most valued firms jumped ₹1,72,148.89 crore in the week that ended on August 22

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Market leader State Bank of India (SBI) contributed a huge 43 per cent to the total earnings, as per the published numbers on stock exchanges

PSU banks log ₹44,218-cr profit in Q1

August 8, 2025, 07:35 PM - 2 min read

Led by the State Bank of India (SBI), public sector banks logged a record profit of ₹44,218 crore in the first quarter of the current fiscal

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Chairman of the Reliance Group, Anil Ambani, addresses mediapersons.

ED raids end quietly; Reliance firms assert clean slate

July 27, 2025, 05:34 PM - 3 min read

Reliance Infrastructure and Reliance Power have maintained that ED's recent actions have concluded across all premises, with no disruption to operations or impact on stakeholders.

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External Affairs Minister S. Jaishankar and Maldivian President Mohamed Muizzu during a bilateral meeting.

India extends $50 million interest-free loan to Maldives

May 12, 2025, 02:12 PM - 4 min read

India has rolled over a $50 million Treasury bill for another year at the request of the Maldivian government, marking another step in the ongoing financial cooperation between the two nations under the ‘Neighbourhood First’ policy and Vision ‘MAHASAGAR’ framework.

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SBI’s global marketing wing plans to exit Kolkata

SBI’s global marketing wing plans to exit Kolkata

March 19, 2025, 04:48 PM - 3 min read

The civic platform ‘Bank Bachao Desh Bachao’ has strongly opposed this decision and has written to President Droupadi Murmu, urging intervention to prevent the move.

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FY25 GDP estimate drops to 6.3pc, trails govt outlook

FY25 GDP estimate drops to 6.3pc, trails govt outlook: SBI

January 8, 2025, 03:52 PM - 3 min read

The difference between the Reserve Bank of India (RBI) and NSO estimates has been in the range of 20-30 basis points, and hence the 6.4 per cent estimate for the 2024-25 financial year is within expected and reasonable limits, the SBI research report Ecowrap stated.

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SBI pegs FY25 GDP growth at 6.3 pc, below RBI's 6.6 pc

SBI pegs FY25 GDP growth at 6.3 pc, below RBI's 6.6 pc

December 8, 2024, 05:52 PM - 2 min read

The State Bank of India (SBI) has projected India's gross domestic product (GDP) would grow at 6.3% during the ongoing fiscal year (FY25), lower than the Reserve Bank of India's (RBI) estimate of 6.6%, revised from the earlier 7.2%.

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SBI to open 500 new branches in the FY25, says FM Sitharaman

SBI to open 500 new branches in the FY25, says FM Sitharaman

November 18, 2024, 03:44 PM - 2 min read

Union Finance Minister Nirmala Sitharaman on Monday announced the establishment of 500 new State Bank of India branches in FY 2025, applauding the bank's remarkable growth and its significant contribution to the banking ecosystem.

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SBI launches innovation hub at Singapore Fintech Festival

SBI launches innovation hub at Singapore Fintech Festival

November 7, 2024, 03:24 PM - 2 min read

Indian businesses, led by the State Bank of India's launch of an innovation hub at the Singapore Fintech Festival, are fostering fintech partnerships to drive digital transformation, financial inclusion, and customer-centric solutions.

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SBI plans to increase headcount by 10,000 this fiscal

SBI plans to increase headcount by 10,000 this fiscal

October 6, 2024, 02:46 PM - 2 min read

The State Bank of India plans to hire around 10,000 new employees this financial year to enhance its banking services and technology capabilities, while also expanding its branch network by 600 locations to better serve customers.

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