State Bank of India News and Updates

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State Bank of India

14 Oct 2024

812.30

1.87%

SBI Foundation, Villgro to provide catalytic capital for 14 agritech start-ups

Business Line

The launch event, held at Bangalore International Centre, was graced by senior representatives from SBI Foundation, Villgro and NABKISAN, according to a press release

State Bank of India has an average target of 951.38 from 13 brokers.

State Bank of India

13 Oct 2024

812.30

1.87%

SBI plans to enhance threshold limit under instant loan scheme for MSME sector

Business Line

Simplification of the MSME credit is something that the bank is emphasising on and making lending cash flow based backed by the CGTMSE guarantee

Number of FII/FPI investors decreased from 1346 to 1317 in Mar 2025 qtr

SBI plans to enhance limit under instant loan scheme for MSME sector

Business Standard | 13 Oct 2024

State Bank of India

08 Oct 2024

812.30

1.87%

SBI's notice to MTNL presents an opportunity for ownership change

Business Standard

With mounting debts and dwindling market share, the need for a decisive government strategy is urgent

State Bank of India is trading above all available SMAs

State Bank of India

06 Oct 2024

812.30

1.87%

SBI plans to increase headcount by 10,000 this fiscal

Business Line

We are strengthening our workforce, both on the technology side as well as on the general banking side, says SBI Chairman C S Setty

Number of FII/FPI investors decreased from 1346 to 1317 in Mar 2025 qtr

SBI Plans To Increase Headcount By 10,000 This Fiscal

NDTV Profit | 06 Oct 2024 1 more

State Bank of India

05 Oct 2024

812.30

1.87%

SBI declares MTNL a non-performing asset amid Rs 325.53 crore debt

Business Standard

SBI warns telecom firm MTNL that payment failure would result in a penal interest rate being applied to the outstanding balance

Number of FII/FPI investors decreased from 1346 to 1317 in Mar 2025 qtr

State Bank of India

03 Oct 2024

812.30

1.87%

Moody's Affirms Baa3 Deposit Rating Of SBI

NDTV Profit

Since SBI's deposit ratings are on par with the Indian government's Baa3 sovereign rating, an upgrade is unlikely in the future, Moody's said.

State Bank of India is trading above all available SMAs

Chhattisgarh's fake SBI branch fraud: How a village fell victim to the scam

Business Standard | 03 Oct 2024

State Bank of India

02 Oct 2024

812.30

1.87%

SBI plans to add 600 branches in network during FY25: Chairman Setty

Business Standard

State Bank of India (SBI) is planning to open 600 branches across the country in the current financial year in a bid to tap business opportunities in emerging areas including large residential townships. "We have strong branch expansion plans...this would be mainly focused on emerging areas. A lot of residential colonies are not covered by us. Around 600 branches is something we are planning in the current year," SBI Chairman C S Setty told PTI in an interview. The country's biggest lender opened 137 branches last fiscal. Of the total, 59 new rural branches were inaugurated. SBI has a network of 22,542 branches across the country as of March 2024. Apart from branch presence, SBI has 65,000 ATMs and 85,000 business correspondents. "We serve about 50 crore customers and we take pride in saying that we are the banker to every Indian, and, more importantly, to every Indian family," he said. He also said it would be his endeavour to transform SBI into the best bank, the most valued ba