SBI

News and Trends

Swiggy Secures INR 5,085 Cr from Anchor Investors Ahead of IPO

Swiggy's IPO opens today for retail and institutional investors, with the company anticipating its listing on the stock exchanges on November 13.

News and Trends

SBI to Expand Instant Loan Scheme for MSMEs, Eyes 600 New Branches by Year End

Customers only need to provide their PAN and approve the use of GST data to receive loan approval in as little as 15 to 45 minutes.

News and Trends

Shortage of Cybersecurity Professionals In India; Threat to Financial Institutions

In May 2023, nearly 40,000 cybersecurity professional job vacancies in India were not filled due to talent shortages

News and Trends

3 Things To Know About CS Setty, the Incoming SBI Chairman

For the next three years, Setty will manage the most important portfolios of the country's biggest lender

News and Trends

SBI Introduces UPI Interoperability On CBDC App

The move aims to deliver unprecedented convenience and accessibility to its customers

News and Trends

Withdrawal Of INR 2000 Notes Is a Non-Event In India, Says SBI

The report also said that the digital payments in India has been witnessing new milestones, in both value and volume terms

News and Trends

SBI Inaugurates Its Fourth Startup Branch

The primary aim of this branch is to provide end-to-end support to startups at every stage of their journey, starting from the formation of the entity to their IPOs and FPOs

News and Trends

RBI Updates Rules For Foreign Donations Via NEFT, RTGS

As per the new regulations, under the FCRA, foreign contributions must be received only in the 'FCRA account' of State Bank of India, New Delhi Main Branch

News and Trends

SBI Granted Loans Worth INR 21,000 Crore To Adani Groups, Half Of What Allowed Under Rules: Report

The report also claimed that more than INR 1600 crore of the amount was granted to Adani Group through SBI's overseas units

News and Trends

India To Become Third-Largest Economy By 2029, Says SBI Report

The report also said that India should surpass Germany in 2027 and most likely Japan by 2029 at a current rate of growth

News and Trends

SBI Launches Exclusively Dedicated Branch For Startups

The branch will leverage the large presence of SBI in market by bringing synergy among all entities and various departments of the bank to offer one-stop solution to these corporates and startups

News and Trends

WhatsApp Payments Gets Support From SBI, ICICI Bank, HDFC Bank & Axis Bank to serve UPI customers across India

WhatsApp Payments currently is allowed to serve upto 20 million users

News and Trends

SBI Card Ties Up With Paytm to Launch Co-Branded Credit Cards

Each transaction through the card will be rewarded with a cashback and additional cashback of 5 per cent and 3 per cent on Paytm SBI Card SELECT and Paytm SBI Card respectively, will be given upon booking movie and travel tickets on Paytm app and purchasing items from Paytm Mall.

News and Trends

SBI's Credit Card Subsidiary Plans to Go Public

SBI Card & Payments Services Ltd aims to raise about INR 80 billion via an initial public offering