Moneycontrol PRO
HomeNewsSBI
Jump to
  • Govt likely to draw up mega PSB merger plan to trim state-owned banks to 4 in FY27

    Other mid-sized banks – including Indian Overseas Bank (IOB), Central Bank of India (CBI), Bank of India (BOI) and Bank of Maharashtra (BoM) – are expected to be absorbed by SBI, PNB or BoB.

  • SBI car loan fraud case: High-end BMW, Mercedes, Land Rover vehicles seized in raids

    High-end vehicles including BMW, Volvo, Mercedes and Land Rover models were seized from multiple premises.

  • Banks at an inflection point, set to lead earnings growth over FY27-28

    IIFL Capital expects banks to shake off a muted FY26 and deliver a strong rebound over FY27-28, driven by a modest loan growth recovery, improving NIMs, and falling stress in the unsecured retail lending segment.

  • Logistics startup Ripplr to raise Rs 400 crore in fresh round from SBI, existing investors

    The Bengaluru-based firm is being valued at around Rs 2,000-2,200 crore during the ongoing negotiations, sources told Moneycontrol

  • SBI Chairman CS Setty suggest creating National Financial Grid to connect credit bureaus, UPI, e-KYC

    He added that Unified Lending Interface (ULI) itself can transform the national financial grid.

  • Yes Bank stake sale yielded 14% IRR, no compulsion to hold or sell remaining shares: SBI chairman CS Setty

    According to Setty, SBI’s primary intent in participating in the reconstruction plan was not profit-making but supporting financial stability at a crucial time.

  • SBI sees limited impact from ECL norms, focuses on stronger collections

    SBI expects only a limited hit from the proposed ECL provisioning norms, with its chairman saying stronger collections and existing buffers will help cushion the transition.

  • Public bank stocks could rally 30% if government hikes foreign ownership cap to 49%

    If India raises the foreign investment limit in PSU banks to 49 percent, the move could attract about $4 billion in MSCI-linked inflows and trigger sharp gains in the sector.

  • RBI vs SBI showdown on LinkedIn as top economist levels plagiarism accusations

    When India was busy bursting crackers during Diwali festivities, an explosive LinkedIn post by RBI's Sarthak Gulati detailed how the SBI team had copied all the key data-complete with graphs and charts.

  • Govt draws up mega bank merger plan; smaller lenders to be clubbed with big banks by FY27

    Record of discussion on merger proposal to be examined by Cabinet and PMO

  • SBI Mutual Fund launches Magnum Hybrid Long Short Fund under new SIF framework

    The Magnum Hybrid Long-Short Fund allows daily subscriptions, while redemptions are available twice a week (Mondays and Thursdays). The minimum application amount is ₹10 lakh, with a minimum additional purchase amount of ₹10,000.

  • SBI shares gain, emerges top Nifty gainer as brokerages cheer steady Q1 results

    SBI share price: Most brokerages retained a positive view on the stock, citing stable asset quality and margin guidance as key strengths

  • SBI General Insurance, SBI Mutual Fund under consideration for IPO, says Chairman Setty

    Responding to questions about the initial public offering (IPO) plans for SBI General Insurance, Setty said no fixed schedule has been set.

  • Corporates favouring commercial papers over bank loans, says SBI chairman Setty

    In June quarter, corporate loans grew 5.7 percent on-year to Rs 12.03 lakh crore

  • SBI regains home loan crown, outpaces HDFC Bank by Rs 8,000 crore to top the housing segment

    SBI’s home loan portfolio for Q1 FY26 stood at Rs 8.51 lakh crore as of June 30, 2025, marking a robust 15.05 percent year-on-year growth

  • State Bank of India raises Rs 25,000 crore via share sale

    SBI had last raised Rs 15,000 crore in 2017-18 through the QIP route

  • SBI's Rs 25,000 crore QIP, first since 2017, over-subscribed 3x on solid demand led by LIC: CNBC-Awaaz

    The QIP has received bids for Rs 75,000 crore worth of shares, as against its offer size of Rs 25,000 crore.

  • PSU bank stocks rally sharply as sources say Centre mulling fresh reforms

    The Nifty PSU Bank index surged over 1.5 percent in trade on July 16, Punjab & Sind Bank, State Bank of India, and Punjab National Bank lead the gains.

  • SBI seeks senior creditor status for NHAI investment trust to stave off default concerns: Report

    The lender, the country's largest, has written to the National Highway Authority of India seeking this status on its investments in National Highways Infra Trust

  • SBI shares rise over 1% as CLSA maintains outperform call; sees 32% upside

    SBI share price: The asset quality of India's largest state-run lender remains robust, marked by an improvement in its gross slippage ratio in FY25—a feat achieved by only a handful of banks, CLSA said.

  • PSUs should find a place in investors' portfolios; SBI, BEL, Coal India among top picks: Motilal Oswal

    Motilal Oswal said that several PSU sectors have posted a very sharp turnaround in profit and creating unexpected shareholder value.

  • Citigroup, HSBC, Morgan Stanley, Kotak and I-Sec to lead SBI's Rs 25,000-crore QIP

    The state-run lender's QIP likely to be rolled out in August or September

  • SBI reduces interest rates by up to 50 bps, loans set to get cheaper

    With the revision, for fixed deposits, SBI's interest rate on 1-2 year term deposits will be lower by 25 basis points to 6.50 per cent, and deposits having two years to less than 3 years maturity will attract 6.45 percent as against 6.70 percent.

  • SBI's executive committee to meet on May 20 to consider raising $3 billion in fresh capital

    SBI's proposal for a fund raise comes at a time other private sector lenders, including Axis Bank and IDFC First Bank, have sought to raise capital.

  • Japan’s SMBC in talks with SBI for Yes Bank stake acquisition

    State Bank of India, which holds a 23.97 percent stake, and Sumitomo Mitsui Banking Corporation have reinitiated talks for a stake sale in Yes Bank

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347