State Bank of India (SBI) on Tuesday signed a Memorandum of Understanding (MoU) with Land Ports Authority of India (LPAI) to strengthen banking services infrastructure across 26 land ports bordering neighbouring countries. LPAI currently operates 15 land ports across 8 border states adjoining Nepal, Bangladesh, Bhutan, and Myanmar, with 11 more ports sanctioned across states, including Uttar Pradesh, Bihar, Mizoram, Uttarakhand, and West Bengal. These land ports are handling trade volumes of Rs 70,952 crore, and total passenger movement through these transit points stood at 30.46 lakh as on 2023-24. Over a decade, the ports witnessed a 15-fold rise in trade and an 18-fold increase in passenger movement. Land ports currently handle Rs 71,000 crore in forex trade, and nearly 31 lakh people cross borders through these land ports annually. These land ports are going to play a very pivotal role in international trade, and SBI's presence at these sites will not only contribute towards .

State Bank of India is trading at high day volume of 22.6M.

State Bank of India

29 Apr 2025, 04:09PM

870.75

1.61%

Board Meeting

State Bank of India - 500112 - Update on board meeting

BSE India

State Bank Of Indiahas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/05/2025 ,inter alia, to consider and approve To discuss and approve the proposal for raising equity during FY 26 by way of Follow-on Public offer (FPO)/Rights issue/Qualified Institutional Placement (QIP) and any other mode or combination of these, as may be decided at the opportune time or as may be approved by GoI/ RBI.

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State Bank of India

28 Apr 2025, 06:00AM

870.75

1.61%

Higher wage provisions may dent SBI Q4 earnings

Economic Times

The bank's profit is expected to range between 16,000 crore and 20,000 crore, based on consensus estimates from five brokerages. This is a decline from more than 20,000 crore last year.

State Bank of India has an average target of 958.08 from 13 brokers.

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