Sbi

Fund Review: SBI Large & Midcap Fund

Fund Review: SBI Large & Midcap Fund

Deposit rates unlikely to rise for upto 3 months: SBI chairman Setty

State Bank of India Chairman C S Setty on Thursday said he does not see deposit rate hike for up to three months because of the excess liquidity in the system. Speaking a day after the RBI's policy announcement, Setty said the shift to tightening of rates by the central bank will help banks expand their net interest margins (NIMs) for up to three quarters. "I believe that next two-three months, there may not be any rate action on the deposits because we have sufficient liquidity in the system," Setty told reporters here. He, however, added that if the credit growth continues at the ongoing elevated levels, some banks may have to look at raising deposit rates to fund the advances. Setty also acknowledged that depositors need to be compensated with some level of positive real interest rate in a scenario where inflation is inching up. On the credit growth, he said the country's largest lender will be able to sustain its loan book expansion at a rate of 14-15 per cent. "While there i

The CEO factory: How ICICI, SBI, Axis shaping financial services leadership

HDFC Bank, ICICI Bank, SBI and Axis Bank have emerged as key training grounds for financial services leaders who later take up top industry roles

NPS industry may double or triple in 5-6 years: SBI Pension Funds MD & CEO

SBI Pension Funds eyes the next phase of NPS growth through corporate subscribers, MSMEs and the informal workforce while strengthening its digital distribution capabilities

State Bank of India buys nearly 40% of Reliance's $1.35 billion debt sale

The state-run bank ‌is estimated to have bought bonds worth nearly 50 billion rupees, or about 40% of the offering

Digital first, customer first, nation always SBI's growth mantra: Chairman

'Digital first, customer first, nation always' is the philosophy guiding State Bank of India (SBI) as it drives business growth, Chairman of the country's biggest lender C S Setty said. Talking to PTI in an interview, Setty said the bank's focus over the past two years has been on strengthening its capital base, deepening its role in the financial sector and building a more digital, customer-centric banking model. Looking back at his tenure, Setty said several of the most visible objectives his team set had been achieved, including capital augmentation, the listing of SBI Mutual Fund and the bank's strategic role in addressing the Yes Bank issue. "These are the most visible outcomes of my tenure," said Setty, who completed his two years as the bank's chairman last month. However, he said the more consequential changes were taking place beneath the surface and would strengthen both SBI and the wider banking industry over the longer term. At the heart of this transformation, he said

BoP pressure likely to remain a challenge: CEA V Anantha Nageswaran

"India does not have the luxury of a binary choice between manufacturing and services. It has to do both" says Anantha Nageswaran Chief Economic Advisor

India drove Brics talks on cross-border payments: DEA Secretary Thakur

DEA Secretary Anuradha Thakur said BRICS discussions include interoperability of payment and messaging channels and the use of local currencies for trade and investment

Credit card spends fall 2.8% to ₹2.02 trillion in August, shows RBI data

Credit card spending fell to Rs 2.02 trillion in August as online spends declined 7 per cent, while the number of outstanding cards rose to 124.05 million

Can banks recover loans from life insurance payouts? Allahabad HC weighs in

Allahabad HC asked SBI to refund ₹17.29 lakh deducted from a widow's account to recover her deceased husband's loan, saying the bank was prima facie not entitled to recover it from insurance proceeds

SBI expects new UPI merchant fee to cover costs and yield a small surplus

An SBI official says the UPI merchant discount rate could cover the bank's transaction costs and leave a small surplus, while merchants may split payments to avoid the fee

Financial sector has reinforced growth momentum: SBI Chairman C S Setty

SBI Chairman C S Setty says stronger bank profitability, credit demand and asset quality give the sector greater capacity to support investment and India's next stage of growth

SBI Clerk Prelims Admit Card 2026 released, exams on September 26, 27

SBI has released the SBI Clerk Prelims 2026 admit card on its official website. The Junior Associate (Customer Support & Sales) recruitment exams are scheduled for September 26 and 27, 2026

FCNR(B) may generate ₹5 trn notional profit for banks over 5 years: SBI

SBI Research estimates $127 billion in FCNR(B) deposits could support ₹25 trillion of additional bank credit and generate ₹5 trillion in notional profit over five years

Cash-flow-based lending key to financing new-age industries: SBI MD

Cash-flow-based lending will become increasingly important for financing new-age industries like data centres, solar manufacturing and technology-driven businesses, a senior bank official said on Friday. Banks need to develop new lending models, as emerging businesses may not have the traditional collateral required for bank finance, the official added. "Unless banks are able to find ways to fund these kinds of new businesses, whether it is pharma or technology, new technology...tangible security per se, the banks necessarily need to move from just collateral of security," Ashwini Kumar Tewari, Managing Director at State Bank of India, said at a financial market conclave hosted here by BCC&I. Tewari said SBI is already looking at cash-flow-based lending and is applying such models to emerging sectors. "We are also looking at cash flow-based lending. We are already doing that. We call it CHAKRA, he said, adding that "it is a very big device because it is very emergent in the world .

'Enabling environment of West Bengal will help business and credit growth'

SBI's Kolkata Circle sees 18% credit growth as MSMEs, housing, agriculture and infrastructure drive lending demand

ICICI Pru MF, SBI MF corner more than half of LIC's ₹31,552 crore OFS

ICICI Prudential MF and SBI MF together bought over half of LIC's ₹31,552-crore OFS, sharply raising mutual funds' holding in the insurer

SBI CISO vacancy 2026: Check eligibility, salary and application date

SBI has invited online applications from Indian citizens for engagement as Group Chief Information Security Officer (CISO) on a contractual basis. The application is open until Sept 24, 2026

NSE IPO: SBI, BoB among 10 shareholders set to pocket ₹16,500 crore profit

State Bank of India (SBI) could pocket ₹2,849 crore or a 2,23,025 per cent gain from NSE IPO's listing.

SBI may soon issue sanction letter to Vi for its share of ₹35K cr funding

This move is likely to prompt other lenders to move forward with their decision to back telco