SBI taps dollar debt days after nation’s rating upgrade

SBI taps dollar debt days after nation’s rating upgrade

Representative image | Photo Credit: Reuters State Bank of India (SBI) plans to raise funds by issuing dollar-denominated bonds maturing in five years, three merchant bankers said on Tuesday (September 2, 2025), days after S&P Global Ratings upgraded India’s sovereign credit rating for the first time in 18 years. The country’s largest lender by assets […]

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SBI starts recruitment drive for over 5,500 Junior Associates posts

SBI starts recruitment drive for over 5,500 Junior Associates posts

‘As part of this nationwide hiring effort, opportunities will be available across SBI’s vast network of branches and offices, offering the aspirants a chance to begin their career with a dynamic and growth-driven institution’, the SBI said. File | Photo Credit: REUTERS State Bank of India (SBI) said it would begin hiring of Junior Associates (Customer Service & Support) for 5,583 vacant positions […]

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SBI PO Recruitment 2025: Application deadline today for 541 posts; apply at sbi.co.in

SBI PO Recruitment 2025: Application deadline today for 541 posts; apply at sbi.co.in

SBI PO Recruitment 2025: The State Bank of India (SBI) will conclude the registration process for the Probationary Officer (PO) vacancies on July 14, 2025. Interested candidates can access the application form via the official SBI website — sbi.co.in. Applicants must ensure that all personal and academic details entered in the form are accurate and complete […]

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State Bank of India to plan .9 billion share sale as soon as next week, says news report

State Bank of India to plan $2.9 billion share sale as soon as next week, says news report

The logo of State Bank of India (SBI) is seen on the facade of its headquarters in Mumbai. | Photo Credit: Reuters State Bank of India, the country’s largest lender by assets, is preparing to sell as much as ₹250 billion ($2.9 billion) of shares to institutional investors as early as next week, a news […]

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SBI raises MCLR-based lending rates by 10 bps to 7.95-8.7%

SBI raises MCLR-based lending rates by 10 bps to 7.95-8.7%

A man checks his mobile phones in front of State Bank of India. | Photo Credit: RUPAK DE CHOWDHURI The country’s largest lender State Bank of India on Wednesday marginally increased the short-term lending rates across overnight to three year maturities by 10 basis points (bps) with immediate effect. While banks have almost fully passed […]

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India’s Jet Airways resolution plan said to totter on disagreement with creditors

India’s Jet Airways resolution plan said to totter on disagreement with creditors

Once India’s biggest private carrier, Jet stopped flying in April 2019 after running out of cash and was taken to a bankruptcy court by creditors who were owed about ₹180 billion ($2 billion). Creditors of India’s Jet Airways and the company’s new owners are deadlocked over a resolution plan to pull the airline out of […]

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SBI reports highest profit; broking houses lauding us: Chairman Dinesh Khara

SBI reports highest profit; broking houses lauding us: Chairman Dinesh Khara

SBI Chairman Dinesh Kumar Khara during platinum jubilee celebrations of All India State Bank of India Staff Federation, in Kolkata, on November 26, 2022. | Photo Credit: PTI Chairman of the country’s biggest lender State Bank of India (SBI) Dinesh Khara on November 26 asserted that analysts and broking houses are praising the financial performance […]

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SBI hikes MCLR by up to 15 bps across tenors

SBI hikes MCLR by up to 15 bps across tenors

Representational file image. | Photo Credit: Reuters State Bank of India has raised the marginal cost of funds-based lending rate (MCLR) by 15 basis points across tenors, making most consumer loans costlier for borrowers. The revised rates come into effect from November 15, 2022. The benchmark one-year MCLR, which is used as base for fixing […]

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