state bank of india

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    Gangtok Traffic Police Deploys Drones for Improved Management

    Gangtok, February 26 The Gangtok Traffic Police has introduced two high-tech drones to improve traffic management and enhance public safety in the capital city of the Himalayan state, an official said on Thursday.The traffic police stated that the introduction of these advanced drones...
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    India's Q3 GDP Growth Hits 8.1% Amidst Global Challenges

    February 24, New Delhi – India's economy is estimated to have grown by 8.1% in the third quarter of the current financial year. This is according to a report released by the State Bank of India. The report's high-frequency indicators point to resilient economic activity despite global headwinds...
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    State Bank of India: India Sees Resilient Economic Growth

    The country's economy is estimated to have grown by 8.1 percent in the third quarter of the current fiscal year. This was stated in a research report released today by the State Bank of India. According to the report, high-frequency indicators suggest that economic activity remained resilient in...
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    Indian Markets React Positively to Supreme Court Ruling

    Mumbai, February 23 The benchmark equity indices, Sensex and Nifty, closed higher on Monday, driven by gains in PSU bank, auto, and financial stocks, as investor sentiment improved after the US Supreme Court struck down the Trump administration's sweeping tariffs.The 30-share BSE Sensex rose...
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    Government Workshop Focuses on Pension Benefits and Transition Support

    New Delhi, February 22 – Minister of State (MoS) for Personnel, Public Grievances and Pensions, Jitendra Singh, will inaugurate the 58th Pre-Retirement Counselling Workshop (PRC) on Monday in Guwahati, an official said on Sunday."It is expected that around 350 retirees, currently employed...
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    SBI Launches CHAKRA and Green Marathon to Drive Sustainable Finance

    New Delhi, February 22 State Bank of India (SBI) – the country’s largest lender – has set a goal of increasing green advances to 7.5-10 per cent by 2030, with 25 per cent of these advances to be funded through green lines of credit.As of March 31, 2025, the green advances portfolio constituted...
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    Sensex Up as Top Companies See Valuation Growth

    New Delhi, February 22 The combined market valuation of six of the top-10 valued companies increased by ₹63,478.46 crore last week, led by Larsen & Toubro and State Bank of India, which emerged as the biggest winners.The 30-share BSE Sensex rose by 187.95 points, or 0.22 percent, over the past...
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    EASE 9.0 Agenda Unveiled: Boosting India's Banking Sector

    Mumbai - The Indian Banks Association (IBA) released the ninth edition (EASE 9.0) and the EASE coffee table book for the 2026-27 financial year on Friday, February 20, 2026. The event was attended by Mr. M. Nagaraju, Secretary, Financial Services Department, Ministry of Finance, as the chief...
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    Stock Markets Close Higher: Banks, Metals Drive Performance

    Mumbai, February 18 The benchmark equity indices, Sensex and Nifty, extended their gains for the third consecutive trading day on Wednesday, driven by late-day buying in shares of banks, metals, and FMCG companies.The 30-share BSE Sensex rose by 283.29 points, or 0.34 percent, to close at...
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    India's Rooftop Solar Program Receives $197.67M World Bank Guarantee

    Washington, February 17 – India’s ambitious plan to expand rooftop solar power secured a $197.67 million guarantee from the World Bank Group’s guarantee arm on Tuesday.The five-year guarantee supports refinancing a $500 million loan from the World Bank to the State Bank of India for...
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    Indian Stock Market Continues Upward Trend Amid Positive Sectoral Developments

    Mumbai, February 17 Stock markets closed higher for the second consecutive day on Tuesday, driven by gains in shares of banks, IT companies, and capital goods firms.The 30-share BSE Sensex rose by 173.81 points, or 0.21 percent, to close at 83,450.96. The index fluctuated between a high of...
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    Crop Insurance Fraud Costs Farmers and State Rs 128 Crore

    Jaipur, February 16 Rajasthan Agriculture Minister Kirodi Lal Meena said on Monday that serious irregularities by insurance companies have come to light in several districts under the Pradhan Mantri Fasal Bima Yojana, and assured the Assembly that the matter would be investigated by the Special...
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    Stock Market Weakness Impacts Top Indian Firms

    New Delhi, February 15 The combined market valuation of six of the top 10 most valuable companies decreased by more than Rs 3 lakh crore last week, with IT giants Tata Consultancy Services (TCS) and Infosys being the biggest losers amidst a bearish trend in the stock market.The BSE benchmark...
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    Monasteries as Centers of Culture and Learning in Arunachal Pradesh

    Itanagar, February 13 Arunachal Pradesh Chief Minister Pema Khandu described monasteries as living centers of culture, learning, and compassion, while emphasizing the collective responsibility to support them.He made the remark while attending the consecration and inauguration of the new...
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    SBI Reports Strong Results, Becomes Top Indian Listed Firm

    Mumbai, February 11 State Bank of India (SBI) became the fourth most valuable listed company by market capitalization on Wednesday, surpassing Tata Consultancy Services after the lender's shares rose over 3 percent following strong December quarter results.The stock gained 3.40 percent to...
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    Indian Stock Indices: Mixed Performance Driven by Earnings and Global Sentiment

    Mumbai, February 11 The benchmark stock indices, Sensex and Nifty, ended on a flat note in a volatile session on Wednesday as gains in public sector banks and auto stocks were offset by losses in IT stocks.In a range-bound trade, the 30-share BSE Sensex slipped by 40.28 points, or 0.05 per...
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    Global Market Trends Influence Indian Equity Indices

    Mumbai, February 11 The benchmark equity indices started the day on a positive note on Wednesday, with the Sensex rising by over 200 points in early trading, amid mixed trends from global markets.However, both indices later turned volatile as investors booked profits at higher levels.The...
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    RBI Regulations and Foreign Investment in Banks

    New Delhi, February 10 Foreign direct investment (FDI) equity inflows in the banking sector have declined from USD 898 million in FY23 to USD 115 million in FY25, Parliament was informed on Tuesday.Total FDI inflows include equity inflows, equity capital of unincorporated bodies, reinvested...
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    Public Sector Banks Record Record Profit Growth in Q3

    New Delhi, February 9 Led by the country's largest lender, State Bank of India (SBI), public sector banks logged a record cumulative profit of ₹52,603 crore in the third quarter of the current fiscal, reflecting an 18 per cent year-on-year growth.All 12 public sector banks (PSBs) together made...
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