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State Bank of India hands over Rs 8,813 cr dividend cheque to government for FY26SBI presented a dividend cheque of Rs 8,813 crore for the financial year 2025-26 to Union Finance Minister Nirmala Sitharaman. This payout ...
SBI pays Rs 8,813 crore dividend to government for FY26, FM Nirmala Sitharaman receives chequeThe State Bank of India (SBI) presented a dividend cheque of Rs 8,813 crore to the government for the financial year ending March 31, 2026....
RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...
MPC's repo rate pause will help stabilise growth: SBI chairmanState Bank of India Chairman CS Setty anticipates a Reserve Bank of India interest rate pause to foster stable growth. He highlighted India...
SBI chairman Shetty sees MPC’s repo rate pause ‘appropriate’ at this juncture: ReportSBI Chairman CS Setty anticipates the Monetary Policy Committee will pause interest rates this week. This aligns with market expectations a...
SBI Chairman, Apple India MD among 29 Members appointed to Board of Trade led by Piyush GoyalThe government has appointed 29 prominent individuals to the Board of Trade. This board, led by Commerce and Industry Minister Piyush Goyal...
India, UK discuss sticking points delaying free trade pact rolloutAs India and the UK maneuver through complex trade discussions, they are focused on addressing the sticking points that are currently slowi...
SBI Chairman, Apple India MD among 29 members appointed to Board of TradeThe government has appointed 29 non-official members to the Board of Trade. This includes prominent figures like SBI Chairman CS Setty and ...
West Asia heat may soon scorch banks' booksIndian banks anticipate asset quality stress from the second quarter due to the West Asia conflict. Rising fuel prices will reduce consumer...
Listed banks earned a record profit of ₹4 lakh crore in FY26Indian banks achieved a record consolidated net profit exceeding ₹4 lakh crore in FY26. Top lenders SBI, HDFC Bank, and ICICI Bank contribu...
West Asia conflict may slow India’s growth, push up Inflation: SBI ChairmanState Bank of India Chairman Challa Sreenivasulu Setty warns the West Asia conflict may slow global growth and increase inflation. India re...
IBC: Creditors realised Rs 4 lakh cr; cases involving Rs 14 lakh cr settled in pre-admission stageIndia's Insolvency and Bankruptcy Code (IBC) has facilitated over Rs 4 lakh crore in creditor realisations from resolved cases. Additionall...
Banking sector key to realising Viksit Bharat vision: SBI Chairman C S SettySBI is set to play a key role in India's growth. The bank is focusing on a 'Digital First, Customer First' strategy. Investments in technol...
SBI chairman says rapid rise of AI-driven lending brings new vulnerabilities for banksSBI Chairman CS Setty highlighted the dual nature of digital finance growth, noting both opportunities and vulnerabilities like cyber risks...
SBI chief flags risks in rapid growth in digital finance, stresses trust-based innovationState Bank of India Chairman C S Setty highlighted emerging risks in digital finance and platform lending. He stressed that financial syste...
SBI posts record ₹80,000 crore profit; chairman says NIM has bottomed out, eyes 13–15% loan growth in FY27State Bank of India achieved a record profit exceeding ₹80,000 crore. Despite investor concerns over net interest income and margin, Chairm...
Indian banks avoid fresh Gulf bets as Iran crisis drags onIndian banks are pausing new business in Gulf countries amid the Iran crisis. Lenders are closely watching existing ties to avoid financial...
Beware! Finance Secretary Nagaraju warns banks about risk from MythosIndian financial authorities are alerting banks to the significant risks from advanced AI models. Secretary M Nagaraju highlighted the pote...
SBI employees’ 2-day strike on May 25, 26: Pension fund manager option to ‘NPS employees’, parity issue among 16 demandsSBI employees' nationwide strike May 25, 26: The demands raised by the federation include recruitment of messengers and armed guards, adequ...
Public sector banks to ramp up IT spend amid cyber risks from Anthropic's MythosIndian banks are boosting IT investments to protect customer data and financial systems. Advanced AI tools like Claude Mythos pose new cybe...