SBI

New Delhi: State Bank of India (SBI), the largest lender in India, has increased its marginal cost of funds-based lending rate (MCLR) by 5 basis points (bps) with effect from Saturday, July 15, 2023. The MCLR represents the minimum…

New Delhi: The Delhi High Court on Monday dismissed a plea challenging notifications enabling exchange of Rs 2,000 currency notes without any requisition slip and ID proof. A bench of Chief Justice Satish Kumar Sharma and Justice…

New Delhi: Putting to rest speculations regarding whether any form or slip would be required while exchanging or depositing Rs 2,000 notes, the State Bank of India today issued a guideline to all its branches saying it will be allowed…

New Delhi: SBI Securities, the trading and investment arm of India’s largest bank — State Bank of India — released its annual financial results for the year ended March 31, 2023. The company reported a total revenue of Rs 830.86 crore in…

Mumbai: Tata Group-managed Air India has secured funds worth Rs 14,000 crore from the two public sector banks, State Bank of India and Bank of Baroda, which are a mix of fresh loans and refinancing of existing debt. A report in Mint said…

Mumbai: India’s largest public sector lender, State Bank of India (SBI) may look to lower its stake in YES Bank after a lock-in period ends on March 6, quoting two sources privy to the development news agency Reuters reported on Thursday.…

Abu Dhabi: India’s oil refiners are making payments in United Arab Emirates Dirhams instead of Dollars, according to a report by the news agency Reuters. The report cites four sources with knowledge of the matter saying that the State…

Mumbai: State Bank of India (SBI) gave loans worth as much as 2.6 billion dollar to the Adani Group of companies, reported Bloomberg citing a person familiar with the matter. According to the report, the person said that SBI’s loans to…

Mumbai: The country’s largest bank, State Bank of India surpassed the milestone of Rs. 5 Trillion Personal Banking Advances on November 30, 2022. This is a significant achievement considering the bank completed this last Rs. 1 Trillion…

Mumbai: 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.…