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RARE PHOTOS: 3 - The Real Truth

Man found Rs 1.3 lakh missing from SBI bank account: Rs 80,000 ATM withdrawal, Rs 50,000 transfer made without his authorisation; consumer commission upholds Rs 1.3 lakh refund

A man's SBI bank account was drained of Rs 1.3 lakh through four unauthorised ATM withdrawals and two transfers he says he never made. SBI failed to produce CCTV footage or transaction records before the commission. The Delhi State Consumer Commission has now dismissed SBI's appeal and upheld the full…

The Economic Times

SBI uses AI to underwrite nearly Rs 1 lakh crore in MSME loans in FY26

State Bank of India underwrote nearly one lakh crore rupees in MSME loans using artificial intelligence. AI is also automating the processing of cheques up to ten thousand rupees. This technology frees up relationship managers' time for other important tasks. The bank deploys AI across the customer lifecycle for various…

The Economic Times

SBI Clerk 2026 recruitment begins: Check steps to apply, direct link, vacancies, eligibility criteria and more

State Bank of India has announced recruitment for 9,766 Junior Associate positions. The application window opened on August 11 and closes on August 31. Preliminary exams are scheduled for September, with Mains in November 2026. Candidates need a Bachelor's degree and basic computer literacy. Local language proficiency is also a…

The Economic Times

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Emergency Fund Math: How to Save 6 Months of Expenses on a ₹40,000 Monthly Salary

Why Six Months, Not Three, and Not TwelveThe three-month rule came from an era of stable government jobs and joint families that absorbed financial shocks. Neither condition is as reliable as it once was. A 2023 report by the Centre for Monitoring Indian Economy found that urban salaried employment remains…

Times Life

State Bank of India returns to dollar debt market, bankers see strong demand

State Bank of India is set to re-enter the dollar bond market, marking its first appearance in nearly a year. The nation's leading financial institution foresees strong investor interest in its five-year bond offer. This decision comes in the wake of the Reserve Bank of India's launch of a swap…

The Economic Times

Vodafone Idea engaged with SBI-led consortium for debt funding: CEO

The telecom operator Vodafone Idea is in the process of raising capital from a mix of public sector and private lenders, showcasing significant advancement in its funding strategy. They have successfully closed the initial tranche amounting to Rs 6,400 crore, factoring in warrant proceeds and various debt facilities. The company…

The Economic Times

SBI bank locker Rs 50 lakh jewellery theft: What happens if your valuables goes missing or gets stolen? How much will bank pay?

A Kanpur woman has alleged that jewellery and valuables worth around Rs 50 lakh went missing from her SBI bank locker. Here’s what RBI rules say about bank liability, negligence and compensation for locker-related losses.

The Economic Times

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FCNR (B) FD premature withdrawal rules: Check penalty and interest rate rules of HDFC Bank, SBI, ICICI Bank, Axis Bank, Kotak Mahindra Bank

FCNR(B) deposits serve as a reliable investment option for NRIs wishing to secure foreign earnings in India. Penalties can differ across institutions, so it's essential to consult individual bank policies before considering any withdrawals.

The Economic Times

Rs 50 lakh jewellery vanishes from SBI locker: Woman alleges bank negligence after being told she no longer had a locker following bank merger

Jewellery worth around Rs 50 lakh has mysteriously gone missing from an SBI bank locker. The locker holder has lodged a complaint alleging negligence on the part of bank officials. Following the complaint, police have launched an investigation against the branch manager and other employees. Bank records show that the…

The Economic Times

Stocks in news: Titan, SBI, Ola Electric, Astra Microwave and Hindalco

Markets closed lower Friday amid mixed global cues and rising crude oil. Analysts remain bullish on Nifty above 24,350. Focus on Titan's strong Q1 profit, SBI's earnings beat, and Ola Electric's narrower loss. Hindalco also posted record profits. Maruti Suzuki anticipates significant passenger vehicle sales growth.

The Economic Times

Ahead of Market: 10 things that will decide D-Street action on Monday

Indian benchmark indices closed lower on Friday as closing auction sessions caused divergence between Sensex and Nifty. While Sensex fell 456 points, Nifty dropped 65 points. Market sentiment remained cautious amid Middle East tensions and crude oil volatility, though strong SBI earnings provided underlying banking sector support.

The Economic Times

SBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS Setty

State Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI merchant payments may soon incur charges. UPI processes billions of transactions monthly, with rising infrastructure and cybersecurity costs. SBI reported a 13.73% rise in consolidated net profit…

The Economic Times

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

SBI Securities’ Sudeep Shah expects Nifty to remain rangebound, with 24,300–24,800 as key levels. He prefers a buy-on-dips strategy, citing constructive trends. Smallcaps remain bullish, while FII short covering could support markets. Traders should watch key technical levels for Nifty, Trent, Kalyan Jewellers and Swiggy for directional cues.

The Economic Times

SBI Clerk Notification 2026: 1538 vacancies announced; Check last date, eligibility, fees, dates and how to apply

The State Bank of India has launched a dedicated recruitment initiative for Junior Associates, targeting 1538 backlog vacancies in specialized categories. Online applications are open from August 7 to August 27, 2026. Candidates who are graduates aged between twenty and twenty-eight years are invited to apply. The selection process includes…

The Economic Times

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The Economic Times

SBI sees broad-based credit growth, sticks to 14-15% FY27 loan growth guidance

State Bank of India expects credit growth to remain broad-based across segments. The bank retained its loan growth guidance at fourteen to fifteen percent. It also anticipates mobilising around ten billion dollars in foreign-currency deposits. Net interest margin guidance remains at three percent for the financial year. Asset quality is…

The Economic Times

SBI share price climbs 4% after Q1 profit jumps 10% YoY, beats estimates

SBI shares rose sharply on Friday after the lender reported a 10% year-on-year rise in Q1 FY27 standalone profit to Rs 21,121 crore, beating Street estimates. Net interest income rose 15% to Rs 46,992 crore, while total business crossed Rs 110 trillion. The stock remains 9% below its 52-week high.

The Economic Times

SBI Q1 Results: Standalone profit rises 10% YoY to Rs 21,121 crore, beats estimates

State Bank of India reported a ten percent year-on-year net profit growth. Its net interest income also saw a fifteen percent rise during the quarter. Total business crossed one hundred ten trillion rupees, with deposits exceeding sixty trillion. Advances grew nineteen percent year-on-year, driven by broad-based loan segment expansion. Margin…

The Economic Times

SBI Q1 results preview: Will India's largest public bank report a decline in profit?

In the upcoming June quarter, State Bank of India's profits are projected to dip, influenced by margin constraints and a slowdown in income growth. Analysts foresee a decrease in net interest margins despite vigorous loan activity. With deposit growth expected to trail behind credit expansion, this could prevent any recovery…

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The Economic Times

SBI unpaid dividends: How to check unclaimed dividends with bank or IEPF

Investors can check for unclaimed State Bank of India dividends on the bank's website. Dividends unclaimed for seven years are transferred to the Investor Education and Protection Fund. Shareholders can submit claims to Kfin Technologies Limited or SBI Investor Services. Checking unclaimed dividends requires specific details like folio number or…

The Economic Times

Stocks in news: LIC, Trent, AWL Agri Business, SBI, Titan

Indian markets experienced a quiet day of trading on weekly expiry, influenced by varying signals. LIC announced a remarkable 23% increase in its net profit year-on-year, while Trent reported a solid 21% growth in consolidated net profit. PNB Housing is optimistic about its micro-housing loan business aiming for Rs 100…

The Economic Times

RIL, SBI shares rally up to 3.5% on heavy volumes as heavyweights lead charge

Reliance Industries and SBI shares gained up to 3.5% on Thursday amid heavy trading activity, with over 41.65 million shares worth Rs 4,294 crore changing hands across exchanges. Both stocks outperformed the broader market, while SBI continued to trade at a lower valuation than RIL and the Nifty50.

The Independent UK

Two dead and one hurt after suspect opens fire on their family at North Carolina home

One victim was taken to the hospital to be treated for a gunshot wound, police said

The Economic Times

Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facility

Banks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks amounted to Rs 489 crore as of June 2026. Near-universal banking coverage has been achieved, serving most inhabited villages with banking outlets. Over 58.77 crore PMJDY accounts hold substantial balances,…

The Economic Times

Nifty Q1 earnings grow 11% to beat estimate, says Motilal Oswal; picks Bharti Airtel, SBI, ICICI Bank among top bets

Nifty companies have posted a stronger-than-expected start to Q1 earnings, with profits of 39 reporting constituents rising 11% YoY, beating Motilal Oswal’s 7% estimate. Reliance Industries, JSW Steel, ICICI Bank, Bajaj Finance and Axis Bank drove 59% of incremental earnings growth, while InterGlobe Aviation, ITC, Dr Reddy’s, Cipla and Maruti…

The Economic Times

Nifty's next big move hinges on 24,800, says Geojit's Anand James

James believes derivatives positioning and options data suggest traders are shifting their bullish expectations higher, with the market attempting to establish a new support base around 24,400-24,500. A decisive move above 24,800, he says, could pave the way for the benchmark index to extend its rally towards the 25,000 mark,…

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