Tag: SBI

State Bank of India returns to dollar debt market, bankers see strong demand

August 11, 2026 admin

FILE PHOTO: People move past a branch office of State Bank of India (SBI) in Mumbai, India, April 18, 2023. REUTERS/Niharika Kulkarni/File Photo/File Photo | Photo Credit: NIHARIKA KULKARNI State Bank of India, the country’s largest lender, is returning to the public dollar bond market after ‌nearly a year and is expected to see strong…

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SBI Q1 profit rises 14% to ₹24,113 crore on better core income, lower provisions

August 7, 2026 admin

State Bank of India core net interest income rose nearly 15% to ₹46,992 crore on the back of a 18.63% increase in gross advances, while the domestic net interest margin contracted to 3%. File | Photo Credit: The Hindu State Bank of India on Friday (August 7, 2026) reported a 13.73% increase in its June…

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SBI knocks HC doors over State government selling five acres land ‘allotted to it earlier’

June 17, 2026 admin

Justice N.V. Shravan Kumar of the Telangana High Court on Thursday will hear two writ petitions filed by the State Bank of India challenging the sale of its five acres of land through e-auction by the State government. The SBI filed the two petitions by way of lunch motions two days ago seeking direction to…

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3 Days After Big Order On Deposits With SBI And PNB, Karnataka Hits Pause

August 16, 2024 admin

The order has been paused for 15 days. Bengaluru: The Karnataka government has paused its order suspending all transactions with the Central government-run State Bank of India (SBI) and Punjab National Bank (PNB) just three days after it was issued, stating that the banks have sought some time to resolve the issues. The order has…

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SBI Q1 results: Net profit rises marginally at ₹17,035 crore; gross NPAs decline to 2.21%

August 3, 2024 admin

SBI posted a net profit of ₹16,884 crore in the April-June quarter of 2023-24. File | Photo Credit: Reuters State Bank of India (SBI) on August 3 reported an almost flat standalone net profit at ₹17,035 crore for the first quarter of the current financial year. The country’s biggest lender had posted a net profit…

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SBI raises ₹10,000 crore through infrastructure bond issuance

June 26, 2024 admin

State Bank of India (SBI) said it had raised ₹10,000 crore at a coupon rate of 7.36% through its fifth infrastructure bond issuance. “The issue attracted overwhelming response from investors with bids in excess of ₹19,884 crore and was oversubscribed by around four times against the base issue size of ₹5,000 crore,” the bank said…

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Electoral bonds data: 20 firms bought electoral bonds within 3 years of incorporation, despite 3-year rule

April 10, 2024 admin

Twelve of the 20 new companies which bought electoral bonds were from Hyderabad. | Photo Credit: Akash Dhage/Unsplash Despite companies in existence for less than three years not being allowed to make political contributions — even through the electoral bonds route — data shows that at least 20 such newly incorporated firms purchased poll bonds…

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SBI Submits All Details Of Poll Bonds With Serial Numbers To Election Body

March 21, 2024 admin

New Delhi: After being rapped by the Supreme Court, the State Bank of India has submitted all the details on electoral bonds to the Election Commission. The data includes the all-important unique numbers for the bonds, which will help match the donors with the political parties that were the recipients. The SBI submitted an affidavit…

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Journalist Poonam Agarwal Who Accused SBI Of Sharing Wrong Electoral Bond Data Apologises

March 19, 2024 admin

New Delhi: A journalist who had questioned the authenticity of the data shared by the State Bank of India (SBI) on electoral bonds has admitted that she was mistaken. Poonam Agarwal had, in a series of tweets, claimed that she bought electoral bonds only in 2018, but the data released showed she had purchased a…

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Should SBI Disclose All Details On Electoral Bonds? Supreme Court To Decide

March 18, 2024 admin

The Supreme Court has directed the State Bank of India (SBI) to disclose all details related to the electoral bonds, which allowed individuals and companies to make donations to political parties. It has also asked the country’s largest lender to file an “Every bit of information should come out. All details should come out. We…

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