State Bank of India News and Updates

Keep track of all breaking news on State Bank of India from all sources in a single place.

26 Aug 2025

802.50

0.07%

SBI credit card protection cover to cost less, new benefits kick in Sept 16

Business Standard

Cardholders to pay less for SBI's protection plan from September, as CPP variants get revised fees without losing key fraud cover and emergency support.

Number of FII/FPI investors increased from 1317 to 1362 in Jun 2025 qtr.

State Bank of India

25 Aug 2025

802.50

0.07%

CBI files criminal case against Anil Ambani

Business Line

SBI has alleged it faced wrongful loss of 2,930 crore after the accused engaged in a criminal conspiracy to misrepresent and sanction credit facilities in favour of the company

State Bank of India is trading above its 200 day SMA of 790.0

State Bank of India

23 Aug 2025

802.50

0.07%

CBI raids Anil Ambani, RCOM in 2,929-crore fraud case following complaint from SBI

Business Line

CBI raids follow registration of FIR based on complaint from SBI Mumbai branch

State Bank of India is trading above its 200 day SMA of 790.0

State Bank of India

22 Aug 2025

802.50

0.07%

Private capex outlook for FY26 lower than FY25, SBI warns of further decline amid US tariffs

Business Line

The report pointed out that while government capital expenditure has lifted the economy, private investment has not complemented or crowded in to the same extent

State Bank of India is trading above its 200 day SMA of 790.0

SBI opens Centre of Excellence for MSMEsat its Gurugram Academy

Business Line | 21 Aug 2025

State Bank of India

22 Aug 2025

802.50

0.07%

SBI Securities Weekly Wrap

State Bank of India

SBI Securities

State Bank of India is trading above its 200 day SMA of 790.0

State Bank of India

21 Aug 2025

802.50

0.07%

India's GDP growth likely at 6.3% in FY26, below RBI estimates: SBI report

Business Standard

India's economic growth is expected to be lower at 6.3 per cent this fiscal compared to the RBI's projection of 6.5 per cent, a SBI Research Report said on Thursday. The report pegged the first quarter GDP estimate at around 6.8-7 per cent, mainly due to muted private capex. India's economy is likely to grow at 6.3-6.8 per cent in 2025-26 on the back of strong macroeconomic fundamentals, though strategic and prudent policy management will be required to navigate global headwinds, as per the latest Economic Survey. The country witnessed a muted growth at 6.5 per cent in 2024-25 (April 2024 to March 2025), down from 9.2 per cent in the previous year. Sharing the quarterly growth estimates, the report said the Indian economy is expected to grow at 6.5 per cent in the second quarter and at a lower rate of 6.3 per cent in the next quarter. In the fourth quarter of the current financial year, the GDP growth will be lowest at 6.1 per cent, it added. Compared to the SBI report, the Reser

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

State Bank of India

20 Aug 2025

802.50

0.07%

SBI raises home loan rates by 25 bps: Check what its rivals are offering

Business Standard

A look at how major banks and housing finance companies are pricing their loans for new borrowers.

SBI Securities released a report for State Bank of India on 22 Aug, 2025.

State Bank of India

19 Aug 2025

802.50

0.07%

GST rate rejig to give 1.98 trillion consumption boost: SBI report

Business Standard

The proposed GST reforms through a two-tier tax structure and lower tax rates on household goods will lead to an estimated average revenue loss of Rs 85,000 crore a year, but will boost consumption by Rs 1.98 lakh crore, SBI Research Report said on Tuesday. The Centre has proposed a 'next-gen GST' under which the Goods and Services Tax (GST) will be a two-rate structure of 5 and 18 per cent based of classification of items as 'merit' and 'standard'. Also, a 40 per cent tax will be levied on 5-7 select goods, including demerit goods like pan masala and tobacco. SBI Research Report estimated that the effective weighted average GST rate has come down from 14.4 per cent at the time of inception to 11.6 per cent in September 2019. Given the current rationalisation of rates, we believe that effective weighted average GST rate may come down to 9.5 per cent. However, the consumption boost, which totals for a 0.6 per cent increase in GDP, would not stoke inflation as taxes on mass consumptio

Number of FII/FPI investors increased from 1317 to 1362 in Jun 2025 qtr.

State Bank of India

19 Aug 2025

802.50

0.07%

Re 1 rise in UPI value trims debit card use by 14 paise: SBI Report

Business Standard

SBI Research report reveals that a Re 1 increase in UPI transaction value reduces debit card usage by 14 paise, reflecting UPI's growing dominance in India's digital payments landscape