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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.
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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
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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
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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
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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.
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India’s largest lender marks its 70th anniversary, plans to “solarise” 4 million homes by FY27
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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
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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
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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
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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
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SBI said it has hired 13,455 junior associates to enhance customer experience at the bank's branches across the country
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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
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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
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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
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They celebrated 76th Republic Day with the theme 'Swarnim Bharat – Viraasat aur Vikaas'
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A seven-member gang had looted 19 kg of gold ornaments worth Rs 13.61 crore from the bank in Rayaparthy mandal
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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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The CGM stated at the occasion that the battery-powered cars will be used to carry senior citizen devotees from the temple to the Annadana counters and bus pick-up sites in the temple town.
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These messages have been circulated by scammers, and if you receive such messages, don’t respond or click any links in the message that might lead to hacking your bank account.
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Hyderabad: The State Bank of India, Hyderabad circle, has adopted 15 tigers at Nehru Zoological Park here for a period of one year. Amit Jhingran, Chief General Manager, State Bank of India, Hyderabad Circle on Monday presented a cheque of Rs 15 lakh towards the adopting charges to Principal Chief Conservator of Forests and Chief […]
