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Searched Tag: sbi

K'taka govt puts circular prohibiting dealings with SBI, PNB on hold

K'taka puts circular prohibiting SBI, PNB dealings on hold

August 16, 2024, 09:03 PM - 2 min read

A government circular issued on August 12 ordered all its departments, boards, corporations, public sector units and universities to withdraw all their deposits and investments in the SBI and the PNB and stop transacting any business with these institutions.

MEA and SBI sign MoU to enhance eMigrate portal with SBIePay.

MEA, SBI sign MoU for digital emigration payment

June 15, 2024, 01:59 PM - 2 min read

The MoU seeks to "provide additional digital payment services of the SBI through payment gateway called SBIePay to Indian migrant workers, recruiting agents and other users of the eMigrate portal: (https://emigrate.gov.in)".

SBI shares surge 9.8%, hit record high as market cap tops ₹8 lakh Cr

SBI hits record high on NDA win predictions

June 3, 2024, 04:46 PM - 2 min read

Shares of SBI rose 9.8% to reach an all-time high of ₹911.30 apiece in today's intraday session. This pushed the bank’s market capitalisation beyond ₹8 lakh crore for the first time, making it the first PSU company to achieve this milestone.

In a recent statement, State Bank of India (SBI) Chairman Dinesh Khara expressed confidence in India's economic trajectory, highlighting conditions that suggest an imminent upshift in real GDP growth.

SBI Chairman foresees India's GDP growth, eyes 14-16% credit growth in FY25

May 10, 2024, 02:56 PM - 2 min read

Khara said, "The bank's commitment to supporting growth across conventional industries and highlighted the multiplier effect of infrastructure spending on overall investment" Sectors such as batteries, electric vehicles (EVs), and semiconductors are anticipated to drive funding demand in the coming year.

A scene from outside the robbed SBI branch in Manipur's Churachandpur.

Armed men rob SBI branch in Manipur's Churachandpur

May 2, 2024, 05:08 PM - 2 min read

Around 2 pm, four unidentified armed men, their faces obscured by masks and helmets, stormed into the State Bank of India's Salbung branch in the Tuibong area.

SBI uses RTI to withhold details on electoral bonds

April 11, 2024, 06:23 PM - 2 min read

The bank denied to give information under sections 8(1)(e) & 8(1)(j) of the RTI Act.

State Bank of India (SBI), the largest public sector bank in India, has announced a hike in its annual maintenance charges for various categories of debit cards, effective from April 1, 2024.

SBI announces increase in annual debit card maintenance charges effective April 1

April 1, 2024, 10:08 AM - 2 min read

The revised charges will impact a range of SBI debit card variants, including Classic, Silver, Global, Platinum, Contactless, Yuva, Gold, Combo Debit, and My Card (Image Card). Notably, fees for issuance and replacement of debit cards will also be adjusted in accordance with the revision.

SBI submits compliance affidavit in Electoral Bonds case, reveals unique codes

March 21, 2024, 04:03 PM - 2 min read

The Election Commission is expected to promptly release the data details, fulfilling the court's directive on the official EC website.

SC to SBI: Can't be selective; must reveal electoral bond numbers

March 18, 2024, 12:11 PM - 2 min read

The previous week, the apex court summoned SBI to clarify why it failed to disclose unique alphanumeric numbers as per its instructions, accentuating that the bank was 'duty bound' to do so.

Electoral Bonds: Reliance-Linked Entities, Kotak Mahindra, and Aditya Birla Groups Top the List of Donors

March 16, 2024, 08:53 PM - 2 min read

The State Bank of India (SBI) is expected to release 'unique numbers' on Monday, offering further insights into the donors and their preferred political parties. From April 12, 2019, to January 2024, electoral bonds amounting to Rs 12,769 crore were funded, as per the data on the Election Commission (EC) portal.

Congress Leader Rahul Gandhi and Congress Chief Mallikarjun Kharge. Image X.

Electoral bond saga deepens: Congress demands freeze on BJP's accounts amid accusations

March 15, 2024, 04:03 PM - 2 min read

In the latest development surrounding the contentious issue of electoral bonds in India, Congress President Mallikarjun Kharge has launched a scathing attack on Prime Minister Narendra Modi and the Bharatiya Janata Party (BJP).

Chief Justice of India D.Y. Chandrachud.

SBI must explain withholding electoral bond details, says SC, issues notice

March 15, 2024, 02:18 PM - 2 min read

The bench issued a notice to SBI after the Election Commission (EC) clarified that the bank had not provided the unique bond numbers while submitting details on March 12th, as directed by a previous order.