Latest SBI News & Updates

Mumbai, May 8 (IANS) Indian benchmark indices ended lower on Friday as renewed tensions between the United States and Iran dampened investor sentiment and triggered caution across sectors. The selloff was largely led by banking stocks, while gains in IT shares helped limit the downside.The Nifty ended 150.50 points or 0.62 per cent down at 24,176.15 and the Sensex ended 516.33 points or 0.66 per cent down at 77,328.19.Commenting on Nifty technical outlook, experts said that the 24,250–24,300 l…

Doda (Jammu & Kashmir), May 7 (IANS) The Rural Self Employment Training Institute (RSETI), a collaborative initiative between the Ministry of Rural Development and SBI, is emerging as a major platform for empowering rural youth in Jammu and Kashmir’s Doda district by equipping them with self-employment skills.The institute is currently witnessing enthusiastic participation from young women, particularly in its cutting and tailoring course, where a large number of girls are enrolling with a…

Surat, May 7 (IANS) The Surat Crime Branch has arrested two men from Uttar Pradesh in connection with the Rs 50 lakh armed robbery at a State Bank of India (SBI) branch in the Varachha area, police said on Wednesday.Officials further added that the offence was executed by an interstate gang allegedly directed by a Bihar-based mastermind operating from jail.The robbery took place on April 27 at around 1 p.m. at the SBI branch on L.H. Road.Police said five or more men, aged between 25 and 30, ente…

New Delhi, April 16 (IANS) Anil Ambani-led Reliance Group said on Thursday that Amitabh Jhunjhunwala and Amit Bapna, who earlier held charge of senior positions in the group, are currently not working with it.The duo has been arrested by the Enforcement Directorate in connection with an ongoing money laundering investigation linked to an alleged banking fraud involving group entities such as Reliance Home Finance Ltd (RHFL) and Reliance Commercial Finance Ltd (RCFL).Reliance said that Jhunjhunwa…

New Delhi, April 15 (IANS) The Enforcement Directorate (ED) has arrested Amitabh Jhunjhunwala and Amit Bapna, close aides of industrialist Anil Ambani, in an ongoing investigation under the PMLA, based on multiple ECIRs registered by the Central Bureau of Investigation (CBI), according to sources.​ Jhunjhunwala, who was the director of Reliance Capital Limited, is alleged to have been one of the key decision-makers in various operations of RHFL (Reliance Home Finance Limited) and RCFL (M/s Rel…

Jammu, April 12 (IANS) The annual Amarnath Yatra will start this year on July 3 and will conclude after 57 days on August 28, coinciding with the Raksha Bandhan festival, Jammu and Kashmir Lt. Governor Manoj Sinha said on Sunday.Jammu, April 12 (IANS) The annual Amarnath Yatra will start this year on July 3 and will conclude after 57 days on August 28, coinciding with the Raksha Bandhan festival, Jammu and Kashmir Lt. Governor Manoj Sinha said on Sunday.The office of the Lt. Governor posted on X…

New Delhi, April 6 (IANS) Credit card spending in India grew 6 per cent year‑on‑year (YoY) in February 2026, a report said on Monday.However, on month-on-month basis, it eased to Rs 1,772 billion — a moderation of 11 per cent. The spending data indicated a slowdown in consumption momentum, largely driven by the top 4 banks, the report from Asit C. Mehta Investment Intermediates Limited said.Card issuance remained robust at 1.05 million new cards up 7.7 per cent YoY, hitting a 23-month high,…

Ranchi, March 27 (IANS) The ED filed a chargesheet against a former SBI Branch Manager and his wife in a Special PMLA Court here in connection with a Rs 5.40 crore fraud involving manipulation of 440 customer accounts, an official said on Friday.The Directorate of Enforcement (ED), Ranchi Zonal Office, filed the chargesheet against Manoj Kumar, former Branch Manager (Scale-II Officer), State Bank of India, and his wife Nitu Kumari alias Nitu Devi on March 26, the ED said in a statement, adding t…

Mumbai, March 26 (IANS) The Central Bureau of Investigation (CBI) has registered a case against Reliance Telecom Ltd., its then Directors Satish Seth and Gautam B. Doshi, along with unknown public servants and others, in connection with an alleged bank fraud case involving State Bank of India (SBI) amounting to Rs 114.98 crore.According to officials, the agency has invoked charges of criminal conspiracy and cheating under the Indian Penal Code, along with provisions related to criminal misconduc…

New Delhi, March 22 (IANS) The Press Information Bureau (PIB) has flagged a fake message circulating on social media that claims State Bank of India’s (SBI) YONO app accounts will be blocked if users do not update their Aadhaar details immediately. The purported message instructs recipients to download an APK file titled “SBI KYC AADHAR UPDATE” and install it to avoid disruption of services.The warning, which appears to be a phishing attempt, is designed to mislead account holders into sha…