State Bank Of India (SBI)

23Mar

Elections

Electoral Bonds: Who Paid Whom – The Complete Picture

After the Election Commission of India (ECI) revealed the electoral bond data as provided to them by State Bank of India (SBI) following a Supreme Court of India order, several secrets and details about quid pro quos on the now-scrapped election funding system by the Government of India have been un...

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5Mar

Elections, Lok Sabha Election 2024

‘Modi Government Put Pressure On SBI,’ Says Congress On Electoral Bond Data, Demands Answers For 6 Questions

BJP and Modi government put pressure on State Bank of India not to share the information on electoral bonds, Congress alleged. Congress’ allegations come after the State Bank of India yesterday filed an application before the Supreme Court asking for time till June 30 to share the information. In t...

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28Dec

Business

SBI Hikes Short-Term Deposits’ Interest Rate By 50 Basis Points

The State Bank of India (SBI), India's largest public sector bank, has decided to hike interest rates on its short-term fixed deposits by 50 basis points. With the biggest increase in recent months, interest on deposits with a tenure of between 1 week and 45 days will increase to 3.5% from 3% earlie...

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21Dec

Business

Reliance Industries Remains As The Most Visible Indian Corporate In Media

Reliance Industries Ltd. has secured the top position in the Wizikey News Score annual rankings' list, which features the most visible Indian corporates in the media with scores ranging from 0 to 100. State Bank of India (SBI) featured in the distant second position, followed by HDFC Bank, ICICI Ban...

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22Nov

Business

Who Is Vinay M Tonse, The New Managing Director Of State Bank Of India (SBI)

Vinay M Tonse has been appointed as the Managing Director of State Bank of India (SBI), India’s largest public sector bank. He is currently working as the deputy MD of the state-owned bank. In September, the Financial Services Institutions Bureau (FSIB) proposed Tonse’s name for the SBI Managing Dir...

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28Oct

Business

Reliance Industries to Enter Rs. 133,000 Crore Indian Credit Card Market

Reliance Industries, India's largest company by valuation, led by Asia's richest man Mukesh Ambani, is all set to enter the Rs. 133,000 crore Indian credit card business. Reliance, in partnership with the country's biggest bank, the State Bank of India (SBI), is launching two credit cards on the Ind...

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16Sep

Business

Check SBI Latest MCLR Rates Effective From September 15, 2023

India's largest public sector bank, the State Bank of India (SBI), has announced its latest marginal cost of funds-based lending rate (MCLR). The new rates came into effect on September 15, 2023. The MCLR is the minimum interest rate at which a bank can lend money to a customer. SBI Latest MCLR Rat...

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