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SBI Provides Electoral Bond Details to Election Commission: Affidavit Submission
The State Bank of India informed the Supreme Court that it has furnished all electoral bond details to the Election Commission, ensuring compliance with...
Demand for moderate rate hike by RBI voiced
With the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) expected to revise upwards the interest rate on Wednesday, industry players are voicing...
For every rupee depreciation, software exports increase by $250 mn: SBI Chief Economic Advisor
India's software export revenue and remittances act as a strong counter-cyclical buffer against the increase in current account deficit (CAD) due to a hike...
Razorpay acquires offline payments firm Ezetap for up to $200 mn
Fintech services platform Razorpay on Thursday announced it has acquired offline payments services provider Ezetap, becoming one of the few companies globally with a...
India’s real GDP growth for FY23 seen at 7.5%, says SBI Research
New Delhi, June 2 India's real gross domestic product (GDP) in FY23 is expected to be at 7.5 percent, said SBI Research in a...
SBI increases limit on IMPS transactions to Rs 5 lakh
The State Bank of India has increased the limit on IMPS (Immediate Payment Service) transactions from Rs 2 lakh to Rs 5 lakh.
IMPS, offered...
CBI raids Mumbai IT infra co for defrauding SBI of Rs 862 cr
The Central Bureau of Investigation (CBI) has raided at least nine official and residential premises in Mumbai and other parts of Maharashtra in connection...
Andhra appoints former SBI chief Rajnish Kumar as economic advisor
The Andhra Pradesh government has appointed Rajnish Kumar as its economic advisor. A former SBI chairman, Rajnish Kumar's tenure in the cabinet rank position...
Chinese hackers target SBI users via phishing, free gift scams
In fresh trouble for the State Bank of India (SBI), hackers of Chinese origin are targeting bank users with phishing scams, asking them to...
SBI may need to raise only up to Rs 9K cr in capital in FY22
The country's largest bank State Bank of India may raise only up to Rs 9,000 crore in capital through additional tier I bonds (AT1...