Page 10 - Sbi

Mcap of 5 top valued firms climbs ₹60,675.94 cr; SBI, HDFC biggest winners

The combined market valuation of five of the top-10 most valued firms increased by Rs 60,675.94 crore last week, with State Bank of India and HDFC Bank emerging as the lead gainers in line with a positive trend in equities. In a holiday-shortened last week, Sensex climbed 739.87 points or 0.92 per cent, and the Nifty edged higher by 268 points or 1.10 per cent. From the top-10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, State Bank of India and Infosys saw an addition in their valuation, while Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever Ltd, Life Insurance Corporation of India (LIC) and Bajaj Finance faced erosion from their market capitalisation (mcap). The valuation of State Bank of India jumped Rs 20,445.82 crore to Rs 7,63,095.16 crore, the most among the top-10 firms. The mcap of HDFC Bank surged Rs 14,083.51 crore to Rs 15,28,387.09 crore. Infosys added Rs 9,887.17 crore, taking its valuation to Rs 6,01,310.19 crore. The mcap of Bharti Airtel surg

State Bank of India led MF buys in July with ₹10,000 crore QIP bet

Fund managers acquired SBI shares worth ₹10,200 crore last month, making the lender their biggest buy in July

SBI to charge for big online IMPS transfers from Aug 15: How banks compare

Small online IMPS transfers stay free, but higher slabs will now attract charges; here's how SBI's revised rates stack up against other major banks

SBI to raise ₹15,000 cr via Tier II bonds to replace maturing debt

A senior SBI executive said the bank has approval from the board of directors to raise up to Rs 20,000 crore through debt capital in Fy26.

SBI to impose nominal charges from Aug 15 on IMPS transfers beyond ₹25,000

The country's largest lender State Bank of India (SBI) has revised charges on fund transfers through the IMPS (Immediate Payment Service) effective from August 15. Although there is no change in charges for fund transfer through IMPS done via branch, fund transfer above Rs 25,00o would attract charges through the online channel from August 15, as per the information posted on the SBI website. Transactions above Rs 25,000 done through online channels will now attract nominal charges ranging from Rs 2-10 plus Goods and Services Tax (GST). Transfer of funds above Rs 25,000 but less than Rs 1 lakh would attract a service charge of Rs 2; for amounts of Rs 1-2 lakh, Rs 6, and for amounts of Rs 2-5 lakh, Rs 10. Salary package account holders continue to enjoy full waivers for online IMPS transfers. For corporate customers, revised service charges are going to be effective from September 8, 2025, it said. IMPS transaction charges waived for current account (Gold, Diamond, Platinum, Rhodi

SBI halts Nayara's overseas transactions over Russia sanctions risk

State Bank of India (SBI) stops Nayara Energy's overseas transactions to avoid possible US and EU sanctions linked to Russian ownership, as banks grow cautious

Stock market close highlights: Sensex up 746pts, Nifty at 24,585; PSU Bk, Auto, Realty stocks shine

Stock market close highlights on Monday, August 11, 2025: On the BSE, Tata Motors, Eternal and Trent were the top gainers while ICICI Bank, BEL and Bharti Airtel were among the major laggards.

Tariff uncertainty may harm investment decisions: SBI chief CS Setty

But, the narrative around the uncertainty is more damaging and may cause delay in investment decisions and postponement of spending, he added

SBI Q1 results: Net profit rises 12.5% to ₹19,160 crore on treasury gains

SBI Q1 net rises to ₹19,160 crore aided by treasury gains; net interest margins may improve by March 2026 even as NII and CASA ratio face near-term pressure

RBI keeps repo rate steady, AU Small Finance Bank big upgrade, LIC eyes general insurance & more

The Reserve Bank of India’s rate-setting committee unanimously decided to keep the key repo rate steady at 5.5%. The central bank also maintained a neutral policy stance.

SBI Q1 FY26 results: Profit up 10% at ₹21,626 crore, NII remains flat

The bank's asset quality improved, with net non-performing assets (NPAs) declining to ₹19,908.42 crore in Q1 FY26, down 7.6 per cent Y-o-Y from ₹21,554.69 crore in Q1 FY25

Q1 results today: SBI, Tata Motors, Grasim, Siemens, 239 others on Aug 8

Q1 FY26 company results, August 8: Ceigall India, Akums Drugs, Cholamandalam Financial Holdings, and Lemon Tree Hotels will also release their April-June quarter earnings reports today

SBI to hire 5,583 Junior Associates for FY26 to enhance customer experience

State Bank of India on Wednesday said it will begin hiring of Junior Associates (Customer Service & Support) for 5,583 vacant positions across the country. The online registration window for applications will be open from August 6-26, 2025, SBI said in a statement. This fresh recruitment for FY26 comes on the back of the bank's hiring of 505 Probationary Officers and 13,455 Junior Associates in previous months with SBI aiming to further deepen and enhance its process and service delivery across the country, it said. As part of this nationwide hiring effort, opportunities will be available across SBI's vast network of branches and offices, offering the aspirants a chance to begin their career with a dynamic and growth-driven institution. Commenting on the recruitment drive, SBI Chairman CS Setty said onboarding the new talent pool is central to the bank's aim of strengthening its human resource capabilities by implementing structured skill development programmes aligned with ...

SBI Clerk jobs 2025: Registration starts for 6,589 openings, check details

SBI has begun the application process on the official website at sbi.co.in for 6589 Junior Associate posts. The deadline to apply is August 26

SBI Q1 results date, time, analysts expectations: All you need to know

SBI could report a largely flattish net profit growth in Q1FY26, where slippages could rise for the agri-sector but loan book may improve, or even outpace, industry growth.

From fake arrests to KYC fraud: SBI flags top 10 scams targeting Indians

These scams range from fake TRAI calls, customs parcel scams, and impersonation of police officers to fraudulent investment schemes and KYC-related phishing.

Focus GenNext: State Bank of India looks to reboot its HR strategy

SBI plans to engage a management consultant to develop a long-term HR strategy focusing on employee engagement, talent acquisition, and digital transformation

SBI leads $9.2 bn QIP spree as firms tap market rally to raise funds

About 40 Indian firms, led by banks, announced plans in July to raise more than ₹80,000 crore ($9.2 billion) via qualified institutional placements

Who's selling in the NSDL IPO? HDFC, SBI, NSE, others eye windfall from OFS

NSDL IPO will be a pure offer for sale (OFS) of 50.14 million equity shares, with no fresh capital being raised by the company

SBI Life Insurance Q1 results: Profit up 14% to ₹590 cr on premium growth

SBI Life Insurance on Thursday reported a 14 per cent growth in net profit to Rs 590 crore for the June quarter of the current financial year. The company's profit after tax stood at Rs 520 crore in the April-June quarter of previous financial year. The total income of the company improved to Rs 38,696 crore as against Rs 34,392 crore in the same period a year ago, SBI Life Insurance said in a regulatory filing. New business premium of the insurance firm rose to Rs 7,270 crore during the period under review compared to Rs 7,033 crore in the June 2024 quarter. Its renewal premium has increased 24 per cent to Rs 10,550 crore as against Rs 8,540 crore in the the corresponding period ended on June 30, 2024. Asset Under Management (AUM) grew 15 per cent from Rs 4,14,770 crore as on June 30, 2024 to Rs 4,75,810 crore as on June 30, 2025 with debt-equity mix of 60:40, it said. The company's net worth increased 15 per cent from Rs 15,570 crore as on June 30, 2024 to Rs 17,830 crore as on