State Bank of India

In 3 Months HDFC Loses More Than A Quarter Of Its Amount Of Transactions On Credit Cards

In January 2021, SBI had 1,16,41,581 outstanding credits cards at the end of the month. This number rose to 1,19,57,378 in May 2021. This is…

In Pandemic Year, HDFC Pips SBI On Credit Card Use

In January 2020, SBI had 1,02,37,289 outstanding credits cards at the end of the month. This number rose to 1,16,41,581 in January 2021. This is…

Rs 38 Lakh Crore Economic Loss, Per Capita Income Contracts By 20% During Lockdown: SBI

In the latest report, the State Bank of India, the country's largest bank, has estimated that the economy of the country could suffer a loss…

SBI Removes Min Balance, Cuts Interest Rate On Savings Account

The State Bank of India (SBI), the country’s largest bank, has offered a huge gift to its savings account customers. On Wednesday, SBI scrapped the…

India's GDP Growth At 4.7% In FY19 Third Quarter: Govt Data

India’s Gross Domestic Product (GDP) grew 4.7% in the third quarter of FY19 (Oct-Dec), up from the revised growth rate of 4.5% — the slowest in over…

SBI Under-Reports Rs 12,000 Crore Bad Loans: RBI

The Reserve Bank of India (RBI) has said that the State Bank of India (SBI), the country’s largest bank, has under-reported its Non-Performing Assets (NPAs)…

50% Increase in Banking Frauds In India

New figures presented in Parliament reveal that there has been a 50% increase in frauds related to ATMs, netbanking, debit cards and credit cards in…

IT Dept Questions Election Commissioner Ashok Lavasa's Wife

The Income Tax Department has questioned Novel Lavasa, wife of Election Commissioner Ashok Lavasa, who had raised objections to speeches delivered by PM Modi during…

Banks Call For Strike Against Mega Merger Plan

Four bank unions have announced a two-day strike on September 26-27 to protest against the government's decision to merge 10 public sector banks into four…