State Bank Of India

State Bank of India (SBI) Chairman CS Setty on Monday backed the minimal merchant discount rate (MDR) on select Unified Payments Interface (UPI) transactions, stating the move could help banks fund ri

Plans to double registration for its digital-banking app Yono within next six months, from current base of 24 million

SBI chief said the focus will be on cost reduction, rationalization and reskilling of workforce, improving staff productivity and redeployment of workforce from admin offices to sales roles

NPA-adjusted valuations are not attractive; asset quality is a concern

Says people are very cautious about increasing their liability. Especially in retail, a large number of people are paying up, and SMEs have also started paying

The three-month-old branch came under the lens after an SBI customer noticed it in Panruti and informed his branch manager

The stock price is also placed above all important moving average parameters

All that happened in the markets today

SBI, Jammu & Kashmir Bank, Punjab National Bank, Bank of Baroda, Canara Bank and Indian Bank were all up in the range of 7 per cent to 10 per cent on the NSE

Kumar said that not many borrowers were keen to take advantage of the scheme due to its cost implications

SBI's stock has formed a bullish flag pattern

The scheme is the biggest fiscal component of the Rs 20-trillion 'Aatmanirbhar Bharat Abhiyan' package

By the time the debris of this economic earthquake settles, it may have buried the progress India has made since 1991

On the occasion of International MSME Day, SBI managing director C S Shetty on Friday addressed MSME customers and employees across the nation video conference

Action follows change in outlook on India's rating

The country's largest bank kept about 22,000 branches and 60,000 ATMs running during the lockdown

The Rs 3-trillion booster dose may help bring MSMEs back on the rails but to whom will they supply goods? It's time to take a look at companies with enough assets but strained cash flows

Anaemic credit growth due to risk-averse borrowers; concerns over bad loan build-up resurface

SBI moves NCLT to invoke Anil Ambani's guarantee almost two years after RCom was first sent to the Tribunal for recovery of dues by Indian creditors