SBI News

Indian Overseas Bank Secures Rs 1,436 Crore Through Strategic QIP, Attracts Major Investors Like LIC and SBI

Indian Overseas Bank (IOB) has raised Rs 1,436 crore through a QIP, with major investments from LIC and SBI. The move increases its capital and plans for future growth, aiming to b...

How Digitalization is Revolutionizing Farm and MSME Lending in India

SBI chairman C S Setty discusses how digitalization initiatives have enabled banks to lend more effectively to the MSME and agriculture sectors, transforming these areas and expand...

Record Surge in Market Cap: TCS and SBI Lead Top 10 Indian Companies This Week

This week, India's top ten companies saw a significant surge in market capitalization, led by TCS and SBI. Despite some declines, the overall market sentiment remains positive, wit...

FM Sitharaman Urges Banks to Embrace Digital Transformation and Innovation

Finance minister Nirmala Sitharaman calls for digital transformation and innovation in the banking sector, emphasizing the need to adapt to changing customer expectations and techn...

SBI Advocates for Enhanced Healthcare and Insurance Focus in Union Budget 2025

The State Bank of India (SBI) recommends prioritizing healthcare and insurance in the Union Budget 2025, suggesting increased healthcare spending, tax exemptions on insurance premi...

High-Income States See Faster Inflation Decline: SBI Report

SBI report shows food inflation declines faster in high-income states due to workforce movement. Retail inflation aligns with RBI's 4% target. GFCF distribution changes noted.