SBI report highlights widening gaps in SASCI fund utilisation across states, with uneven absorption and signs of substitution as the scheme expands in scale and complexity
SBI seeks Supreme Court review of spectrum ruling, warning it may undermine lender rights and disrupt financing across telecom and other regulated sectors
Stocks to buy: Ajit Mishra of Religare Broking recommends buying the shares of State Bank of India, Glenmark Pharma, and Tata Power today
SBI Focused Fund outperforms peers and benchmark, driven by selective large-cap bets and sectoral allocation across high-return segments
State Bank of India (SBI) is estimating losses of about ₹3 billion ($32 million) from the forced unwinding of these trades, the people said, asking not to be identified discussing confidential details
Selloff knocks India out of $200-billion club, hits top firms; broker dynamics shift and IPO activity slows amid rising market volatility
SBI Research finds Odisha's Subhadra DBT scheme has lifted savings and spending among women beneficiaries, with strong gains among financially excluded households
Analysts said the decline in private banks' share was largely driven by contraction among small and mid-sized lenders, while leading private banks broadly maintained their positions
Scam targets SBI YONO users, govt warns against sharing banking details
Investor sentiments continued to be in a risk-off mood after Iran widened its warnings to target buyers of US Treasury bonds, as the Trump administration's 48-hour ultimatum neared expiry
Existing investors State Bank of India and Amundi will sell 203.7 million shares through the "offer for sale" route. SBI Funds will not issue new shares in the IPO
The CBI on Thursday questioned industrialist Anil Ambani in connection with the alleged Rs 2,929 crore cheating case registered against Reliance Communications Ltd and him on a complaint by the State Bank of India, officials said. Ambani arrived at the agency headquarters this morning for questioning in the case. The agency has alleged fund diversion, misappropriation and other irregularities in the loan funds issued to the company by the bank, they said. The spokesperson for Anil Ambani said in a statement on Thursday that he will be appearing before the Central Bureau of Investigation (CBI) in Delhi on March 19 and 20 "for examination in connection with the FIR registered on the basis of a complaint filed by the State Bank of India". "The appearance is in furtherance to Mr Ambani's commitment to extend full cooperation in the matter with all agencies," the spokesperson said. The CBI had booked Ambani in August last year for allegedly defrauding the SBI to the tune of Rs 2,929.05
Based on interactions with direct selling agents (DSAs) across western India, Motilal Oswal said MSME credit demand remains healthy in Q4FY26
SBI raises Rs 6,051 crore via Tier 2 bonds at 7.05% coupon, with the issue seeing nearly two times subscription and participation from a wide range of institutional investors
Perfios appoints former SBI executive Nitin Chugh as group CEO to lead its expanding techfin, risktech and digital platforms amid rapid growth and acquisitions
Stocks to buy today: Shrikant Chouhan of Kotak Securities has recommended buying SBI and Jubilant Ingrevia; check analysis here
SBI report says India has seen fewer instances of interest rate hikes since the flexible inflation targeting regime began, with the third five-year phase set to start next month
State Bank of India and MUFG Bank sign a strategic partnership to collaborate on M&A, aviation and real estate financing, supporting cross-border transactions
The state-owned bank believes that engaging in such business could expose it to risks as it has a sizable loan portfolio in global markets, and also hurt its reputation
The combined market valuation of eight of the top-10 most-valued firms eroded by Rs 2,81,581.53 crore last week, with the State Bank of India taking the biggest hit, in tandem with a weak trend in equities. Last week, the BSE benchmark tanked 2,368.29 points, or 2.91 per cent. "Markets ended the holiday-shortened week with steep losses as escalating geopolitical tensions in West Asia and a sharp spike in crude oil prices weighed heavily on investor sentiment," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. From the top-10 pack, Reliance Industries and Infosys were the only gainers. The market valuation of State Bank of India tumbled Rs 53,952.96 crore to Rs 10,55,567.27 crore. ICICI Bank's valuation eroded by Rs 46,936.82 crore to Rs 9,40,049.82 crore and that of HDFC Bank dived Rs 46,552.3 crore to Rs 13,19,107.08 crore. The valuation of Larsen & Toubro tanked Rs 45,629.03 crore to Rs 5,43,208.36 crore. The market capitalisation (mcap) of Bajaj Finance dropped by Rs ..