by Team Small News | Jul 12, 2025 | State Bank of India
The Neev II Fund, managed by SBI Ventures Limited, a subsidiary of the State Bank of India, has invested in RETAS Enviro Solutions Private Limited, a climate-tech company based in India. RETAS specializes in modular rainwater harvesting and disaster-resilient...
by Team Small News | Jul 8, 2025 | Bank of Baroda, Canara Bank, Indian Bank, Punjab National Bank, State Bank of India
In a significant move, several major publicly listed banks in India have abolished the requirement of maintaining a minimum balance in savings accounts, thereby removing penalties for non-maintenance of the Average Monthly Balance (AMB). Banks such as Punjab National...
by Team Small News | Jul 6, 2025 | State Bank of India
In a brazen heist, six masked men stole an entire State Bank of India ATM containing approximately Rs 18 lakh in cash from Ajitgarh town in Rajasthan’s Sikar district. The incident occurred between 2 am and 2:30 am, and the entire operation was executed in just...
by Team Small News | Jul 5, 2025 | State Bank of India, Union Bank of India
Fixed Deposits (FDs) have been a popular investment option for individuals seeking stable and assured returns. However, with the rise of mutual funds and equities, traditional FDs have seen a decline in investor interest. To counter this trend, several banks have...
by Team Small News | Jun 28, 2025 | Bank of Baroda, Canara Bank, RBI, State Bank of India
The State Bank of India (SBI) is planning to raise ₹5,000 crore through tier-II bonds by August, according to a report. The move is part of the bank’s efforts to strengthen its capital base and meet the regulatory requirements. Tier-II bonds are a type of debt...
by Team Small News | Jun 27, 2025 | State Bank of India
The Madras High Court has rejected a petition filed by a candidate whose appointment as a Circle Based Officer (CBO) at the State Bank of India (SBI) was cancelled due to an adverse history in his CIBIL report. The candidate had argued that he had fulfilled all...