Bank employees' unions will observe a three-day nationwide strike from September 28. Customers have been advised to complete urgent transactions before the strike.
New Delhi: A pause in interest rates by the Reserve Bank of India’s Monetary Policy Committee (MPC) would help stabilise economic conditions and support growth, State Bank of India (SBI) Chairman CS Setty said on Wednesday. Speaking at the Citi India Conference in Mumbai, Setty said a rate pause at this juncture would help stabilise.
Banking operations at public sector banks across the country are likely to be disrupted on Tuesday as the United Forum of Bank Unions (UFBU) goes ahead with its nationwide strike demanding a five-day work week.
Hyderabad: The Directorate of Enforcement (ED) restored properties valued at Rs 63.05 crore to the State Bank of India and UCO Bank in connection with a money laundering investigation against G. S. Oil Limited. ED’s Hyderabad Zonal Office completed the process of restitution of attached properties valued at approximately Rs. 63.05 crore under the provisions.
Surat: In a development under the Prevention of Money Laundering Act (PMLA), the Directorate of Enforcement (ED), Surat Sub Zonal Office, has restituted movable assets worth Rs 1.85 crore – including accrued interest – to the State Bank of India (SBI). The assets were earlier attached in connection with the money laundering case involving M/s.
Mumbai: Nation’s largest lender the State Bank of India (SBI) on Wednesday said it has hired 13,455 junior associates to enhance customer experience at its branches across the country. The recruitment aimed to fill vacancies across states and union territories, making it one of the significant hiring efforts in the industry. “Our total recruitment across.
New Delhi: The SBI announced on Tuesday that its board has approved a plan to raise up to $3 billion in long-term funds during the financial year 2025-26. The country’s largest public sector bank stated that the funds will be raised either in one or multiple tranches via public offerings or private placements of unsecured.
Mumbai: The State Bank of India (SBI) and Citi have announced a social loan initiative amounting to $295 million aimed at supporting smallholder farmers in India. This funding is specifically designed to enhance agricultural productivity and improve the financial health of smallholder farmers, as stated in a joint announcement from the banks. SBI plans to.
In a latest affidavit filed on Wednesday, the State Bank of India (SBI) told the Supreme Court that it has disclosed all the details of the Electoral Bonds which are in its possession and custody to the Election Commission of India (ECI).
In a compliance affidavit filed on Wednesday, the State Bank of India (SBI) told the Supreme Court that it has furnished data on Electoral Bonds to the Election Commission of India (ECI) in digital form.
