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Searched Tag: state bank of india

DFS Keeps PLI Payment on Hold for Scale IV-VIII PSB Executives

September 8, 2026, 01:20 AM - 2 min read

Matter to be discussed during 13th Bipartite Settlement and 10th Joint Note talks

The rate hike has come days after RBI kept its benchmark lending rate unchanged at 6.5 per cent for the ninth consecutive time earlier this month.

SBI hikes lending rate, raising EMIs for borrowers

August 16, 2024, 02:17 PM - 2 min read

The rate hike has come days after RBI kept its benchmark lending rate unchanged at 6.5 per cent for the ninth consecutive time earlier this month.

The State Bank of India (SBI), the country’s largest lender, announced on Wednesday that it has successfully raised ₹10,000 crore through its fifth infrastructure bond issuance, with a coupon rate of 7.36 per cent.

SBI raises ₹10,000 cr via infrastructure bonds

June 26, 2024, 02:56 PM - 2 min read

"The issue attracted overwhelming response from investors with bids in excess of ₹19,884 crore and was oversubscribed by around four times against the base issue size of ₹5,000 crore," SBI revealed in a BSE filing. The total number of bids received was 143, indicating wider participation and a diverse array of investors.

A sample image of an electoral bond, ECI shared the details of the Electoral bonds as shared to it by the SBI.

ECI releases Electoral Bond data submitted by State Bank of India; Prominent businesses among top buyers

March 14, 2024, 08:32 PM - 2 min read

The Election Commission of India has released the electoral bond data submitted to it by the State Bank of India.

An image of an Electoral Bond and the Supreme Court.

SBI submits Electoral bond data to Election Commission of India

March 12, 2024, 07:58 PM - 2 min read

The Supreme Court, on March 12, reprimanded the SBI and mandated the disclosure of details regarding electoral bonds redeemed by political parties to the Election Commission by the end of business hours on the same day.

An image of the Supreme court along with an image of a sample electoral bond,

Electoral bonds: SC to hear SBI’s plea seeking extension on March 11

March 8, 2024, 04:22 PM - 2 min read

In a significant judgement on 15 February, a five-judge constitution bench declared the government's scheme of anonymous political funding via electoral bonds "unconstitutional". It mandated the Election Commission to reveal the identities of donors, the amounts donated, and the beneficiaries by 13 March.

Image of an Electoral bond issued by the State Bank of India.

Opposition leaders slam SBI for requesting delay in revealing electoral bonds details until June 30

March 5, 2024, 08:19 AM - 2 min read

This request comes in the wake of a landmark decision by the Supreme Court last month, which saw the end of the electoral bonds scheme, citing its infringement on the public's right to information.

A State Bank of India branch in New Delhi captured.

SBI becomes India's 5th most valuable firm by market capitalisation

February 22, 2024, 09:49 AM - 2 min read

SBI's stock rose by 1.51 per cent, closing at Rs 771.55 per share on the BSE. During the day's trading, SBI shares reached a peak of Rs 777.50 per share, marking a new 52-week high.