State Bank of India
Coverage of State Bank of India in the Nexus archive.
- Former Union Minister Alagiri’s daughter Kayalvizhi booked for abusing, assaulting SBI Branch Manager
Kayalvizhi, the daughter of former Union Minister Alagiri, was booked for abusing and assaulting an SBI Branch Manager. The incident occurred after the manager informed her about the need to repair a malfunctioning lift in the building she owns.
- State Bank of India Draws Over $1.5 Billion in Offshore Deposits
The State Bank of India secured over $1.5 billion in offshore deposits. The bank's headquarters is located in Mumbai.
- After Raidurgam auction row, Govt, SBI patch‑up on cards
The government and State Bank of India (SBI) are working to resolve a dispute over the Raidurgam auction. The conflict has prompted discussions to reach a resolution.
- What constitutes a ‘workplace’ under POSH Act?
The High Court overturned an Internal Complaints Committee's decision that found a State Bank of India employee guilty of sexual harassment, citing an incident during travel. The judgment questions what constitutes a 'workplace' under the POSH Act.
- Bombay High Court says shared auto not 'workplace' under PoSH Act, sets aside ICC order
The Bombay High Court ruled that a shared auto is not considered a 'workplace' under the PoSH Act and overturned an Internal Complaints Committee's decision that found a State Bank of India employee guilty of sexual harassment based on an incident during shared travel.
- Rupee May Get Further Boost as Indian Banks Line Up Overseas Debt
Indian banks may issue overseas debt, potentially boosting the rupee. The State Bank of India (SBI) supports mergers among state-backed lenders to build scale and finance growth in the world’s fastest-growing major economy.
- Govt. mulls withdrawing funds from SBI over Raidurg land auction dispute
The government is considering withdrawing funds from the State Bank of India (SBI) due to a dispute over the Raidurg land auction. A drastic decision could impact payment systems, salary disbursements, and welfare transfers.
- India Bank Shares Jump as Deposit, Yield Worries Ease
India's bank shares rose as concerns over deposits and yields eased. The State Bank of India (SBI) supports further mergers among state-backed lenders to build scale and finance growth in the world's fastest-growing major economy.
- India’s Top Bank in $1 Billion Funding for Sun Pharma’s US Deal
The State Bank of India is providing $1 billion in funding for Sun Pharmaceuticals' U.S. deal. The bank's headquarters is located in Mumbai, India.
- India State Lenders Wilt As Iran War Lifts Yields to 2-Year High
India's state lenders are struggling as rising yields driven by the Iran war reach a two-year high. The State Bank of India (SBI) aims to expand by targeting the unbanked population under its newly appointed chairman.
- JSW Motors Ties Up $826 Million Funding From India’s Top Bank
JSW Motors has secured $826 million in funding from the State Bank of India (SBI), India's top bank. This funding supports JSW Motors' growth plans as India continues to be the world's fastest-growing major economy.
- India Tells State Banks to Use EVs, Video Calls to Cut Fuel Use
The Indian government has instructed state banks to use electric vehicles and video calls to reduce fuel consumption. This initiative aims to cut down on fuel use. The instruction is part of a broader effort to decrease the country's carbon footprint.
- Shares of India’s Top Lender Slump on Interest-Income Miss
Shares of India's top lender, State Bank of India, have slumped due to a miss in interest income. The bank's newly appointed chairman aims to target the country's unbanked population to expand amid intense competition. This move seeks to address the bank's current challenges.