Latest State Bank of India News & Updates

Patna, July 6 (IANS) A major burglary was reported from the Daniyawan police station area of Patna district, where unidentified criminals allegedly used a gas cutter to break into a mobile showroom and its warehouse, then escaped with cash and electronic goods worth nearly Rs 40 lakh. The incident occurred at Neha Mobile Corner, located in Galaxy Tower behind the State Bank of India (SBI) branch in Daniyawan market. The theft has triggered concern among local traders and shopkeepers.According to…

Mumbai, July 5 (IANS) The combined market valuation of six of India’s 10 most-valued companies rose by more than Rs 1 lakh crore last week, led by a sharp gain in Bharti Airtel, as benchmark equity indices extended their winning streak amid sustained investor optimism.The rally came as the Sensex advanced 663.44 points, or 0.86 per cent, during the week, while the Nifty gained 214.85 points, or 0.89 per cent.Among the top gainers, Bharti Airtel recorded the biggest increase in market valuation, …

Bengaluru, July 4 (IANS) The Central Bureau of Investigation (CBI) has seized assets worth over Rs 1.24 crore from two bank lockers linked to a former Senior Manager of Bharat Earth Movers Limited (BEML) in Mysuru, significantly strengthening its disproportionate assets (DA) case against the accused.According to an official statement issued by the CBI on Saturday, the case was registered on April 20, 2026, against the then Senior Manager of BEML, Mysuru, for allegedly possessing disproportionate…

New Delhi, July 4 (IANS) The Central Bureau of Investigation (CBI) on Saturday conducted coordinated searches in connection with two bank fraud cases involving an alleged fraud of over Rs 231 crore, registered by its Bank Securities and Fraud Branch (BSFB) in Bengaluru, officials said.The first case was registered against M/s R L Jewels Ltd, its directors and unknown public servants on the basis of a complaint filed by the State Bank of India (SBI), Mumbai. The FIR alleges criminal conspiracy, c…

New Delhi, July 3 (IANS) Spiritual leader Dhirendra Krishna Shastri on Friday condemned the embezzlement of donations at the Ram Temple in Ayodhya, describing the alleged act as “not just a sin but a great sin,” while urging people to have faith in the ongoing investigation and the country’s legal system.Speaking after arriving at Ayodhya airport, Shastri said, “I have already spoken about this earlier as well, and I have said before that this is not a sin but a great sin, and God will pun…

New Delhi, July 3 (IANS) Amid the growing controversy over alleged embezzlement of funds and donations at the Ram Temple in Ayodhya, Vishva Hindu Parishad (VHP) President Alok Kumar on Friday said that all allegations must be subjected to a fair and comprehensive investigation.Speaking on the allegations against Champat Rai in connection with the Ayodhya embellishment case, Kumar said, “At this point, I cannot say much about either of these matters. Allegations have been made. Some people have…

New Delhi, July 1 (IANS) State Bank of India on Wednesday said it rolled out a suite of AI‑powered digital innovations on its 71st Bank Day, and expanded its YONO platform with new customer journeys, AI-driven capabilities and industry‑first features.New customers can now open a savings account plus a Demat and trading account with SBICAP Securities Ltd through a single 3‑in‑1 digital onboarding process.Eligible customers can also seamlessly convert their savings account into a corporate…

New Delhi, June 30 (IANS) Former Uttar Pradesh Chief Minister and Bahujan Samaj Party (BSP) chief, Mayawati, on Tuesday reacted to reports of alleged irregularities involving offerings at the Shri Ram Temple in Ayodhya, calling the matter “extremely serious and concerning” while urging a transparent and accountable system for managing temple donations.In a post on X, Mayawati said, “The theft of offerings from the Shri Ram Temple in Ayodhya, along with embezzlement and tampering, and the var…

Ayodhya, June 29 (IANS) The Ayodhya Police on Monday reached the State Bank of India (SBI) branch at Naya Ghat as part of the ongoing investigation into the alleged embezzlement of donations to the Ram Temple in Ayodhya. The Shri Ram Janmabhoomi Teerth Kshetra Trust’s primary bank account is maintained at the SBI branch, where investigators are examining the possible role of bank officials in the case. Police are expected to question the branch manager and record his statement as part of the pro…

Mumbai, June 28 (IANS) The combined market capitalisation of six of India’s 10 most-valued companies increased by Rs 88,678 crore during the holiday-shortened week.During the week, the Sensex advanced 297.57 points, or 0.38 per cent, while the Nifty rose 42.9 points, or 0.17 per cent.Among the top-valued firms, HDFC Bank, ICICI Bank, State Bank of India, Bajaj Finance and Larsen & Toubro registered gains in their market capitalisation, while Bharti Airtel, Tata Consultancy Services, Life Ins…