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"state-bank-of-india-sbi"

  • Project Shakti launched to distribute reusable sanitary pads to 60,000 girls

    Project Shakti, launched by Rotarians, SBI and Unipads Foundation, aims to empower 60,000 girl students in Telangana through reusable sanitary pads. The Rs.2.5-crore initiative was inaugurated at Veeranari Chakali Ilamma Women’s University.
  • Chilkur Balaji temple installs 60 solar-powered cameras in temples of Moinabad region

    Chilkur Balaji Temple, with CSR support from SBI and UBI, installed 60 solar-powered surveillance cameras across remote village temples in Moinabad. The project ensures uninterrupted monitoring, prevents theft and vandalism, and is recognized as a national model for CSR-driven temple safety
  • Armed men rob SBI branch in Karnataka of cash, gold worth Rs 21 crore

    Armed robbers looted over ₹21 crore in cash and gold from an SBI branch in Karnataka’s Vijayapura district after tying up the staff. Police said the suspects fled in a vehicle with a fake number plate towards Maharashtra.
  • Average daily UPI transactions touch Rs 90,446 crore in August; SBI leads as top remitter

    Average daily UPI transactions in India reached Rs 90,446 crore in August 2025, with SBI as the top remitter. Peer-to-merchant payments surged, groceries dominated volume, and digital payments increasingly replaced cash, reflecting robust growth and financial inclusion, according to SBI Research.
  • SBI announces launch of special loan scheme for Agniveers on occasion of 79th Independence Day

    SBI has launched a personal loan scheme for Agniveers under the Agnipath programme, offering up to Rs 4 lakh without collateral and zero processing fee, plus a special 10.50 per cent interest rate for defence personnel till September 30, 2025
  • SBI to revise IMPS charges from August 15 for certain transactions; small transfers remain free

    From August 15, SBI will charge Rs 2–Rs 10 plus GST for online IMPS transfers above Rs 25,000, while smaller transactions stay free. Salary package account holders remain exempt. Branch charges are unchanged, and customers are advised to check applicable exemptions
  • SBI donates Rs 50 lakh for rural science labs, AI learning in Vikarabad

    SBI Chairman Challa Sreenivasulu Setty donated Rs 50 lakh worth of educational infrastructure, AI labs, and e-vehicles under CSR, supporting rural education and self-help groups across Telangana
  • SBI Labels Reliance Communications’ loan account as ‘fraud’; names Anil Ambani in RBI report

    SBI has declared Reliance Communications’ loan account as ‘fraud’ and named Anil Ambani in its RBI report. The telecom firm, currently under insolvency proceedings, says the loans pre-date CIRP and are being addressed through a resolution plan.
  • Nirmala Sitharaman lauds SBI’s digital transformation, says it has made banking easier

    India’s largest lender marks its 70th anniversary, plans to “solarise” 4 million homes by FY27
  • SBI to train its employees to help deepen their financial understanding; to have bi-weekly yoga sessions

    SBI will train its 2.36 lakh employees in financial planning through a tie-up with FPSB India, enhancing customer service and financial literacy. The bank also launched year-round virtual yoga sessions to promote holistic employee well-being and a mindful work culture
  • LIC Housing Finance cuts home loan rate to 7.50 per cent on Foundation Day

    LIC Housing Finance has reduced new home loan interest rates to 7.50 per cent , effective June 19, following the RBI’s repo rate cut. The move coincides with its 36th Foundation Day and aims to boost home ownership in affordable and mid-income segments
  • Jio Financial buys 17.8 per cent stake of SBI in Jio Payments Bank for Rs 105 crore

    Jio Financial Services acquired SBI’s 17.8 per cent stake in Jio Payments Bank for Rs 104.54 crore, making it a wholly-owned subsidiary. The deal received RBI approval on June 4, consolidating JFSL’s ownership from 82.17 per cent to 100 per cent
  • SBI recruits 505 probationary officers to strengthen process and delivery

    SBI hired 505 probationary officers to strengthen its workforce across the country, offering diverse career opportunities in various banking sectors. Along with this, 13,455 junior associates were recruited to improve customer service
  • SBI hires 13,455 junior associates to enhance customer experience

    SBI said it has hired 13,455 junior associates to enhance customer experience at the bank's branches across the country
  • India’s top public sector companies in financial, power and energy sectors record robust profit growth

    India’s top public sector companies in the financial, power and energy sectors have recorded a robust growth in profit during the January-March quarter of 2024-25
  • Yes Bank shares jump over 8 per cent

    The stock climbed 8.7 per cent to Rs 21.74 on the BSE. At the NSE, shares of the firm surged 8.39 per cent to Rs 21.70. The company's market valuation went up by Rs 1,415.15 crore to Rs 64,123.38 crore
  • SBI to sell 13 per cent stake in Yes Bank to Japanese SMBC for Rs 8,889 cr

    The executive committee of the central board (ECCB) of the bank in the meeting has accorded approval to divest 413.44 crore shares or equivalent to 13.19 per cent stake in Yes Bank, for a consideration of Rs 8,888.97 crore, SBI said
  • State Bank of India, Hyderabad head office, celebrates Republic Day with fervour

    They celebrated 76th Republic Day with the theme 'Swarnim Bharat – Viraasat aur Vikaas'
  • Warangal gold heist: Key accused escapes to Nepal with booty looted from SBI branch

    A seven-member gang had looted 19 kg of gold ornaments worth Rs 13.61 crore from the bank in Rayaparthy mandal
  • State Bank of India asks people, traders to accept Rs. 10 coins

    The SBI held an awareness campaign on acceptance of Rs. 10 coins for traders in coordination with the Reserve Bank of India(RBI) at the Bank's zonal office.
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