State Bank of India Archives

SBI’s Persistent Refusal to Disclose Electoral Bond SOPs Sparks Controversy

The State Bank of India (SBI) has once again denied disclosing the standard operating procedures (SOPs) related to the sale and redemption of electoral bonds, despite an appeal under the Right to

May 21, 2024

SBI Increases Short-Term Retail FD Rates Amid Strong Credit Demand

The State Bank of India (SBI) has announced a hike in interest rates on retail term deposits by 25-75 basis points for deposits up to one year, effective from May 15, 2024.

May 16, 2024

SBI Set to Bolster Operations with Over 15,000 New Hires in FY25, Expanding Branch Network

State Bank of India (SBI) is gearing up for a significant boost in its operations with plans to hire over 15,000 personnel in the fiscal year 2024-25. This move aims to augment

May 13, 2024

Market Capitalization of Top 10 Firms Sees Decline: Airtel Takes Biggest Hit

In a holiday-shortened last week, the combined market valuation of six of the top-10 most valued firms witnessed a decline by Rs 68,417.14 crore. Among these, Bharti Airtel and Reliance Industries took

May 5, 2024

Business·Latest News

Paytm Secures Approval to Sustain UPI Services via State Bank of India and Three Other Partners

In a significant development, the National Payments Corporation of India (NPCI) has granted authorization to One97 Communications (OCL), the parent company of Paytm, to continue operating as a third-party application provider (TPAP)

March 15, 2024

Business

Narendra Modi’s Alleged Manipulation of SBI Electoral Bond Scheme Amidst Lok Sabha Elections

In recent developments, Congress leaders have linked the State Bank of India’s handling of electoral bonds to the upcoming Lok Sabha polls, accusing the Narendra Modi-led government of exploiting the bank to

March 5, 2024

India