by Team Small News | May 19, 2025 | State Bank of India
The State Bank of India (SBI) has achieved a record profit of $9.2 billion for the fiscal year ending March 2025, making it one of the top 100 companies globally in terms of net profit. This success can be attributed to the bank’s strategic shift towards digital...
by Team Small News | May 15, 2025 | State Bank of India
A recent report by the State Bank of India (SBI) highlights the importance of long-term investment in green bonds, particularly in the context of India’s rapid urbanization and growing environmental concerns. The report emphasizes that investing in green...
by Team Small News | May 15, 2025 | HDFC Bank, ICICI Bank, RBI, State Bank of India
The Reserve Bank of India (RBI) has released a draft circular on project finance, which is expected to significantly impact major banks in India, including HDFC, ICICI, and SBI. The new guidelines aim to improve the lending practices of banks and reduce the risk of...
by Team Small News | May 15, 2025 | Bank of Baroda, Indian Bank, Indian Overseas Bank, State Bank of India
State-owned banks in India have seen a significant increase in gold loans during the fiscal year 2025, largely due to the rising prices of gold. The country’s largest public lender, State Bank of India (SBI), reported a 53% increase in personal gold loans,...
by Team Small News | May 11, 2025 | RBI, State Bank of India
The State Bank of India (SBI) has recently lowered the interest rates on its savings schemes, including its Fixed Deposit (FD) scheme, following the Reserve Bank of India’s (RBI) repo rate cut. However, the SBI FD scheme still offers attractive interest rates,...
by Team Small News | May 10, 2025 | State Bank of India
The State Bank of India (SBI) has announced that it will be increasing the charges for not maintaining the average monthly balance in savings accounts. From June 1, 2025, customers who fail to maintain the required average monthly balance will be charged 6% of the...