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SBI raises its FCNR (B) game with 9x leverage play under RBI scheme

SBI rolled out a 9x leverage facility under RBI's FCNR(B) scheme as India's forex reserves fell sharply on lower gold valuations

SBI raises its FCNR (B) game with 9x leverage play under RBI scheme
Updated On : 20 Jun 2026 | 12:13 AM IST

SBI board approves raising up to ₹60,000 crore via bonds in FY27

The country's largest lender plans to raise funds through long-term bonds, Basel III-compliant AT1 bonds and Tier 2 bonds during FY27

SBI board approves raising up to ₹60,000 crore via bonds in FY27
Updated On : 18 Jun 2026 | 7:59 PM IST

SBI approves proposal to raise ₹60,000 cr in FY27 via debt instruments

State Bank of India (SBI) on Thursday said its board has approved a proposal to raise up to Rs 60,000 crore in the current fiscal through the issue of debt instruments. The funds would be raised either in rupee and /or any other convertible currency by issue of debt instruments like long-term bonds, Basel III-compliant Additional Tier 1 Bonds and Basel III compliant Tier 2 Bonds. The funds would be raised through public offer or private placement mode to Indian and /or overseas investors during FY27, SBI said in a regulatory filing. Shares of SBI were trading at Rs 1,040.25, up 1.39 per cent over previous close on BSE.

SBI approves proposal to raise ₹60,000 cr in FY27 via debt instruments
Updated On : 18 Jun 2026 | 2:32 PM IST

SBI plans Indian rupee-denominated deposits in Sri Lanka to support trade

SBI plans to launch rupee-denominated deposits in Sri Lanka to boost the use of the Indian currency in bilateral trade and investment

SBI plans Indian rupee-denominated deposits in Sri Lanka to support trade
Updated On : 16 Jun 2026 | 6:58 PM IST

SBI, Bank of Baroda plan first dollar bonds under RBI subsidy window

Both banks are targeting to raise around $500 million through five-year dollar bonds

SBI, Bank of Baroda plan first dollar bonds under RBI subsidy window
Updated On : 12 Jun 2026 | 2:39 PM IST

DFS Secretary Lohiya named director on RBI, SBI central boards

The government has appointed Department of Financial Services Secretary Sanjay Lohiya to the central boards of the Reserve Bank of India and State Bank of India

DFS Secretary Lohiya named director on RBI, SBI central boards
Updated On : 11 Jun 2026 | 9:38 PM IST

NCLT admits SBI's personal insolvency plea against Anil Ambani

A division bench comprising Judicial Member Sushil Mahadeorao Kochey and Technical Member Prabhat Kumar admitted the application through an oral order

NCLT admits SBI's personal insolvency plea against Anil Ambani
Updated On : 11 Jun 2026 | 7:57 PM IST

NCLT admits SBI's plea to start insolvency process against Anil Ambani

The Mumbai bench of the NCLT admitted SBI's application seeking recovery of more than Rs 1,200 crore from Ambani under provisions of the Insolvency and Bankruptcy Code

NCLT admits SBI's plea to start insolvency process against Anil Ambani
Updated On : 11 Jun 2026 | 6:08 PM IST

Banks are in the pink of health, for now, but face twin challenges ahead

Twin challenges before banks are mobilisation of funds to support credit growth and fixing the cracks in certain segments of credit

Banks are in the pink of health, for now, but face twin challenges ahead
Updated On : 08 Jun 2026 | 12:13 AM IST

SBI chief backs rate pause, says India's growth story goes beyond Sensex

C S Setty urges investors to focus on India's long-term structural transformation rather than short-term market movements

SBI chief backs rate pause, says India's growth story goes beyond Sensex
Updated On : 03 Jun 2026 | 10:38 PM IST

SBI Annual Report FY26: Why Motilal Oswal sees 35% upside in this PSB stock

SBI's FY26 annual report highlights the lender's strong asset quality, healthy capital ratios, robust deposits and valuable subsidiaries

SBI Annual Report FY26: Why Motilal Oswal sees 35% upside in this PSB stock
Updated On : 01 Jun 2026 | 11:57 AM IST

SBI to combine branches, digital platforms for omni-channel banking

Aspires to emerge as India's leading wealth architect, says Chairman Setty

SBI to combine branches, digital platforms for omni-channel banking
Updated On : 27 May 2026 | 9:14 PM IST

Physical banking to remain core to SBI strategy amid digital expansion

The comments come as SBI sharpens its 'Digital First, Customer First' strategy, with continued investments planned in technology, data analytics, AI, cybersecurity, and digital infrastructure

Physical banking to remain core to SBI strategy amid digital expansion
Updated On : 27 May 2026 | 4:41 PM IST

SBI staff threatens to go on two-day nationwide strike from May 25

SBI staff under the aegis of the All India State Bank of India Staff Federation (AISBISF) have threatened to go on a two-day nationwide strike beginning May 25 to press for various demands, including the recruitment of adequate employees. If the strike materialises, it will affect SBI's banking operations for five days nationwide, as the fourth Saturday and Sunday fall before the strike date. Besides, there will be a holiday in many States on account of Eid al-Adha on May 27, a day after strike ends. Demands also include the recruitment of messengers, the recruitment of Armed Guards, and a change of Pension Fund Manager option to NPS Employees, AISBISF said in a statement. The union also demanded that the bank stop outsourcing permanent jobs, as it creates a direct risk of data leaks, misuse, fraud, and identity theft, endangering customer trust and exposing the Bank to severe reputational and legal consequences. Another demand concerns the appointment of the Workmen's Employee ..

SBI staff threatens to go on two-day nationwide strike from May 25
Updated On : 21 May 2026 | 11:40 PM IST

Sajjan Jindal's JSW Motors secures ₹8,000 crore SBI funding for EV push

SBI will partly fund JSW Motors Ltd.'s 'greenfield manufacturing facility' in Maharashtra, and may sell down part of the exposure to other lenders in the event of demand in the secondary loan market

Sajjan Jindal's JSW Motors secures ₹8,000 crore SBI funding for EV push
Updated On : 21 May 2026 | 4:05 PM IST

Vodafone Idea closing ₹35K crore SBI-led funding 'very fast': CEO

Vodafone Idea expects to close talks with an SBI-led consortium soon after promoter equity infusion and AGR relief improved its financial position

Vodafone Idea closing ₹35K crore SBI-led funding 'very fast': CEO
Updated On : 18 May 2026 | 11:56 PM IST

ICICI Bank, SBI top MF buy list in April; Wipro, HDFC Bank most sold

Mutual funds increased exposure to select banking stocks in April while trimming holdings in IT, metals and industrial companies after recent market movements

ICICI Bank, SBI top MF buy list in April; Wipro, HDFC Bank most sold
Updated On : 18 May 2026 | 10:42 PM IST

Insurance cos must sell protection products first: SBI MD Ashwini Tewari

SBI Managing Director Ashwini Tewari says insurance firms should prioritise protection products over ULIPs and calls for stronger safeguards against mis-selling

Insurance cos must sell protection products first: SBI MD Ashwini Tewari
Updated On : 13 May 2026 | 10:58 PM IST

PSBs' net profit up 11.2% in FY26, hits new high of ₹1.98 trillion

Public sector banks posted record profitability for the fourth straight year in FY26, aided by strong credit growth, improved asset quality, and better operational efficiency

PSBs' net profit up 11.2% in FY26, hits new high of ₹1.98 trillion
Updated On : 12 May 2026 | 11:11 PM IST

SBI shares tank 11% in 2 days; Brokerages cut FY27 estimates after Q4 miss

SBI share price dropped over 4% today after Q4 results missed estimates due to lower NIMs and treasury losses. Brokerages including Emkay, MOFSL and Systematix retain 'Buy', but cut target prices

SBI shares tank 11% in 2 days; Brokerages cut FY27 estimates after Q4 miss
Updated On : 11 May 2026 | 10:11 PM IST