State Bank of India, the country’s largest lender, is opening special rupee accounts to handle Russia-related trade settlements in the local currency but is not the main bank for such business.

State Bank of India may look to lower its stake in Yes Bank after a lock-in period ends on March 13, which was put in place by the central bank as a part of the lender's restructuring, two sources ...

Branch Name IFSC MICR; Ainapur: UBIN0537438: 591026521: Address: T P C No. 1219, Bus Stand Road, Post Ainapur, Taluka Athani, Dist. Belgaum, Karnataka, Pin - 591 303 ...

State Bank of India , the country's largest lender, on Friday reported a near three-fold jump in first-quarter profit, led by a surge in net interest income, healthy loan growth and lower provisions.

The Reserve Bank of India (RBI) has, by an order dated September 21, 2023, imposed a monetary penalty of ₹ 1.00 crore (Rupees One crore only) on Punjab & Sind Bank (the bank) for non-compliance ...

The country's largest bank, State Bank of India (SBI) has recently tweaked its marginal cost of lending rates (MCLR) even though many banks have revised their lending rates. SBI has kept its ...

Shares of State Bank of India (SBI), India's largest PSU bank, are under pressure today, i.e. on May 5, 2025. The dip comes after the bank announced its quarter results and reported a 10 per cent ...

State Bank of India Ltd (SBI) could be hit by wage revisions-related one-offs in the second half of the ongoing financial year after PSU banks agreed to a wage revision increment of 17 per cent on ...

Bank Holidays February 2025: The RBI has announced bank closures for February 2025, with holidays varying across different states and regions in India. These closures include both national ...

State Bank of India informed the bourses and shareholders that it has logged a 9.9% year-on-year decline in its net profit for the March 2025 quarter.Net profit stood at ₹18,643 Crore as ...

Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...

State Bank of India (SBI) is riding a good asset quality cycle, according to Chairman Challa Sreenivasulu Setty. Further, India’s largest Bank has strengthened its underwriting processes to ...