SBI to raise $3 billion in overseas debt

17 Jun 2024

State Bank of India (SBI), the country’s largest lender, plans to raise around $3 billion in overseas debt in the current financial year, to finance its lending programme.

SBI, Bank of Baroda raise term deposit rates

31 Dec 2023

Public sector lenders State Bank of India (SBI) and Bank of Baroda (BoB) have announced a hike in interest rates on fixed deposits varying from 50 to 125 basis points

SBI makes a Rs12,000-cr windfall from its YES Bank investment

13 Mar 2023

SBI Q2 net profit at decade high of Rs12,265 crore

08 Nov 2022

SBI Q1 net profit down 6.7% at Rs6,068.1 crore

08 Aug 2022

SBI Q1 profit jumps 55% to a record Rs6,504 crore

09 Aug 2021

SBI Q4 FY21 net profit up 80.15% at Rs6,451 cr

25 May 2021

SBI teams up with NPCI, JCB to launch contactless debit card

11 Dec 2020

SBI Q2 net profit vaults 52% to Rs4,574 cr on lower provisioning

05 Nov 2020

SBI offers home loans at 6.9% in festival discount

26 Oct 2020

Govt working with RBI on industry’s demand for loan restructuring: FM

03 Aug 2020

SBI Q1 net profit up 81% at Rs4,189 cr on one-time gain

03 Aug 2020

SBI cuts MCLR rates by 15 bps; lunches new deposit scheme for senior citizens

08 May 2020

SBI cuts interest rate on savings accounts to 3%, removes minimum balance requirement

11 Mar 2020

RBI announces reconstruction of Yes Bank; SBI to pool in 49% equity

09 Mar 2020

As per the scheme of reconstruction, the authorised share capital of Yes bank will stand altered to Rs5,000 crore and the investor bank (SBI) will invest up to 49 per cent shareholding at a price not less than Rs10 for a Rs2 share, ie, at a premium of Rs8 per share

SBI board approves Rs23,000-cr RCom insolvency resolution plan: Report

04 Mar 2020

SBI lowers interest rates on home loans, fixed deposits

07 Feb 2020

SBI, Railways sign MoU for doorstep banking across 585 SCR stations

16 Jan 2020

SBI cuts external benchmark-based lending rate by 25 bps to 7.80%

30 Dec 2019

SBI to switch to EMV chip and PIN-based cards from 1 January; introduce OTP-based withdrawals

27 Dec 2019

SBI Cards to slap Rs118 fee on cheque payments from January 2020

28 Nov 2019

SBI cuts base lending rate, loans to get cheaper

08 Nov 2019

SBI Q2 net more than triples to Rs3,012 cr, despite higher provisioning

25 Oct 2019

Provisioning during the quarter increased 8.7 per cent to Rs13,138.93 crore while the bank’s total provisioning stood at Rs22,399 crore, which was 89.63 per cent of total outstanding, as of 30 September 2019

SBI to charge processing fees for home loans

11 Oct 2019

SBI makes ATM withdrawals costly, hikes minimum balance charges

01 Oct 2019

While the normal ATM withdrawal limit is two, for savings bank accounts with an average minimum balance between Rs25,000 and Rs50,000, there will be 10 free cash withdrawal transactions in a month, beyond which each transaction will be charged Rs50 (plus GST) irrespective of the AMB