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State Bank of India

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Banking, Fintech & Insurance 18 Oct 2026, 08:00 AM IST

Sensex, Nifty Open Uneven as Heavyweights Diverge; Hind Zinc, SBI and Force Motors Draw Active Trade

Indian equities opened on a wobbly note as benchmark indices struggled for direction amid mixed sectoral cues and stock-specific rotation. Asian Paints, SBI, Tata Motors, HUL and Maruti Suzuki led gainers in the Sensex pack, while ONGC, Axis Bank, Mahindra & Mahindra, Bajaj Auto and Hero MotoCorp weighed on the index.

By RDU Global Wire5 min read
Banking, Fintech & Insurance16 Oct 2026, 08:07 AM IST

SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore

A consortium of lenders led by the State Bank of India has said Vijay Mallya still owes Rs 8,752 crore, even after recoveries of more than Rs 10,270 crore through repayments and asset sales. The disclosure complicates Mallya’s long-running claim that he has settled his bank dues, while legal proceedings over recovery and criminal liability continue.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 05:44 PM IST

Sensex, Nifty Turn Wobbly as Heavyweights Diverge; Hind Zinc, SBI and Force Motors Draw Active Trade

Indian equities traded unevenly in afternoon business on Wednesday, with benchmark indices struggling for clear direction as sector rotation and stock-specific moves dominated sentiment. Asian Paints, SBI, Tata Motors, HUL and Maruti Suzuki led gainers in the Sensex pack, while ONGC, Axis Bank, M&M, Bajaj Auto and Hero MotoCorp were among the major laggards.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 12:36 PM IST

Sensex, Nifty Trade Uneven as Hind Zinc, SBI and Force Motors Draw Heavy Activity

Indian equities were mixed in late-morning trade at 12:36 PM IST, with benchmark indices wobbling as investors rotated across banks, autos and consumer names. Hindustan Zinc, State Bank of India and Force Motors emerged among the most active counters, while Asian Paints, SBI, Tata Motors, HUL and Maruti Suzuki featured among the Sensex gainers and ONGC, Axis Bank, M&M, Bajaj Auto and Hero MotoCorp lagged.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 11:34 AM IST

Deposit Rate Hikes Unlikely for Three Months, SBI Chairman C S Setty Says as Liquidity Eases Pressure on Banks

State Bank of India Chairman C S Setty said banks are unlikely to raise deposit rates for the next three months, citing ample system liquidity as a key buffer. He also said credit growth should remain resilient at 14% to 15% over time, while stressing that lenders must preserve positive real returns for depositors as inflation persists.

5 min readRead →
Banking, Fintech & Insurance08 Oct 2026, 04:48 PM IST

SBI Chief Sees No Deposit Rate Hikes for Three Months as Liquidity Supports Margins

State Bank of India Chairman C S Setty said deposit rates are unlikely to rise over the next three months, citing ample system liquidity as the main reason. He also said credit growth should remain resilient at 14% to 15% over time, while stressing that banks must preserve positive real returns for savers as inflation stays elevated.

6 min readRead →
Banking, Fintech & Insurance08 Oct 2026, 06:11 AM IST

SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore After Recoveries

A consortium of lenders led by the State Bank of India has said fugitive businessman Vijay Mallya still owes Rs 8,752 crore, even after recovering more than Rs 10,270 crore through repayments and asset sales. The disclosure intensifies scrutiny over Mallya’s repeated claims that he has settled his bank debts, while court proceedings and criminal cases tied to the long-running Kingfisher Airlines collapse continue.

5 min readRead →
Banking, Fintech & Insurance08 Oct 2026, 05:02 AM IST

SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore After Recoveries

A consortium of lenders led by the State Bank of India has said fugitive businessman Vijay Mallya still owes Rs 8,752 crore, even after recoveries exceeding Rs 10,270 crore through repayments and asset monetisation. The disclosure complicates Mallya’s repeated claims that his bank debts have been settled and keeps the long-running recovery and criminal proceedings firmly alive.

5 min readRead →
Banking, Fintech & Insurance07 Oct 2026, 06:23 PM IST

Sensex, Nifty Turn Choppy as Heavyweights Diverge; Hind Zinc, SBI and Force Motors Draw the Most Action

Indian equities traded unevenly in afternoon trade on Friday, with benchmark indices struggling for direction as investors rotated between defensives and cyclicals. Asian Paints, SBI, Tata Motors, HUL and Maruti Suzuki led the Sensex gainers, while ONGC, Axis Bank, M&M, Bajaj Auto and Hero MotoCorp were among the major laggards.

4 min readRead →
Banking, Fintech & Insurance07 Oct 2026, 05:06 AM IST

SBI Bets on Digital-First Growth as Setty Flags Rs 200 Lakh Crore Ambition by 2030

State Bank of India is sharpening its growth strategy around digital banking, deeper customer engagement and stronger consumer protection, according to chairman C S Setty. The lender, which is marking its platinum jubilee, sees its total business potentially rising to Rs 200 lakh crore by 2030 if it can sustain scale, trust and technology-led efficiency.

6 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 11:51 AM IST

Sensex, Nifty Trade Uneven as Hind Zinc, SBI and Force Motors Draw Heavy Activity

Indian equities were mixed in morning trade at 11:51 AM IST, with benchmark indices wobbling as investors rotated across banks, autos and consumer names. Hindustan Zinc, State Bank of India and Force Motors emerged among the most active counters, while Asian Paints, SBI, Tata Motors, HUL and Maruti Suzuki led the Sensex gainers and ONGC, Axis Bank, M&M, Bajaj Auto and Hero MotoCorp lagged.

5 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 11:01 AM IST

SBI Sees Cash-Flow Lending as Key to Financing New-Age Sectors

State Bank of India is increasingly viewing cash-flow-based lending as a critical financing tool for emerging industries such as EVs, mobility and other technology-led businesses. The bank says traditional collateral models often fall short for these sectors, making deeper assessment of technology, revenue visibility and business durability essential to credit decisions.

5 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 12:27 AM IST

SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore Despite Recoveries

A consortium of lenders led by the State Bank of India has told the court that businessman Vijay Mallya still owes Rs 8,752 crore, even after recoveries exceeding Rs 10,270 crore through asset sales and other payments. The disclosure sharpens the dispute over Mallya’s repeated claims that he has settled his bank dues, while criminal and recovery proceedings continue in parallel.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 11:24 PM IST

SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore After Recoveries

A consortium of lenders led by the State Bank of India has said fugitive businessman Vijay Mallya still owes Rs 8,752 crore, even after recoveries of more than Rs 10,270 crore through repayments and asset sales. The disclosure sharpens the long-running dispute over whether Mallya has settled his liabilities, while court proceedings and enforcement actions continue in parallel.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 08:07 PM IST

SBI Sees Surplus Potential as New UPI MDR Kicks In for High-Value Payments

State Bank of India expects to generate surplus revenue from the new merchant discount rate on UPI transactions above Rs 2,000, citing its scale in card issuance and payment gateway services. The bank will begin charging MDR from October 15 and is assessing how transaction splitting may affect volumes and system behaviour.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 07:23 PM IST

Cash-Flow Lending Set to Gain Weight in New-Age Sectors, SBI Executive Says

Cash-flow-based lending is emerging as a critical financing model for new-age sectors such as electric mobility, where conventional collateral is often limited or absent. A senior State Bank of India executive said lenders are deepening their understanding of technology, revenue visibility and project economics to support such businesses more effectively.

4 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 02:43 PM IST

SBI, Bank of Baroda and Canara Bank Urge Customers to Finish Branch Work Before Proposed September Strike

State Bank of India, Bank of Baroda and Canara Bank have advised customers to complete urgent branch-based transactions in advance of a proposed bank strike scheduled from September 28 to 30, 2026. The lenders said digital and self-service channels should be used during the period, signalling possible disruption to counter services if the industrial action goes ahead.

4 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 06:47 AM IST

SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore After Recoveries

A consortium of lenders led by the State Bank of India has told a court that businessman Vijay Mallya still owes Rs 8,752 crore, even after recoveries exceeding Rs 10,270 crore through asset sales and other payments. The disclosure sharpens the legal and financial scrutiny around Mallya’s long-running debt case, while authorities maintain that recovered money does not erase criminal proceedings.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 05:26 AM IST

SBI, Bank of Baroda and Canara Bank Urge Customers to Finish Branch Work Ahead of Proposed September Strike

State Bank of India, Bank of Baroda and Canara Bank have advised customers to complete urgent branch-based transactions in advance of a proposed bank strike scheduled from September 28 to 30, 2026. The lenders said digital and self-service channels should be used during the period, as the industry braces for possible disruption to in-branch services.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 04:45 AM IST

SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore

A consortium of lenders led by the State Bank of India has said fugitive businessman Vijay Mallya still owes Rs 8,752 crore, even after more than Rs 10,270 crore has been recovered through repayments and asset realisations. The disclosure complicates Mallya’s long-running claim that he has settled his bank dues, while court and enforcement proceedings over recovery and criminal liability continue.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 03:17 AM IST

SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore Despite Massive Recoveries

A consortium of lenders led by the State Bank of India has told authorities that businessman Vijay Mallya still owes Rs 8,752 crore, even after recoveries exceeding Rs 10,270 crore through repayments and asset sales. The disclosure complicates Mallya’s long-running claim that he has settled his bank dues, while related court proceedings and criminal cases continue.

5 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 11:07 PM IST

SBI Sees Surplus Opportunity as New UPI MDR Kicks In for High-Value Payments

State Bank of India expects to generate surplus revenue from the new merchant discount rate on UPI transactions above Rs 2,000, citing its scale in card issuing and payment gateway services. The bank will begin charging the fee from October 15 and is assessing how transaction splitting could affect volumes and system behaviour.

5 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 09:38 PM IST

SBI, Bank of Baroda and Canara Bank Urge Customers to Finish Branch Work Before Proposed September 28–30 Strike

State Bank of India, Bank of Baroda and Canara Bank have advised customers to complete urgent branch-based transactions in advance of a proposed bank strike scheduled for September 28 to 30, 2026. The lenders said digital banking, ATMs and self-service channels should be used during the period, as the industry braces for possible disruption to routine branch operations.

5 min readRead →
Macro Economy & Fiscal Policy04 Oct 2026, 07:52 PM IST

Robinhood’s Stock Tokens Fuel a New Wave of Meme Trading

Robinhood’s temporary tokenized stock trading has intensified a fast-moving retail market in which memecoins and stock-linked tokens are increasingly traded side by side. The development, enabled under a limited regulatory window, is raising fresh questions about market structure, investor risk, and whether prices can remain anchored to the assets they purport to track.

4 min readRead →
Markets, IPOs & Wealth04 Oct 2026, 07:09 PM IST

Researchers Warn of AI Overreach as OpenAI Debate Roils Academia and Moneyview Prepares a Bumper IPO

A fresh dispute over OpenAI’s reported progress on a long-standing mathematics problem has reignited concern among researchers about premature claims of artificial intelligence breakthroughs. At the same time, India’s startup market is watching Moneyview’s expected blockbuster listing, a reminder that investor appetite remains strong even as scrutiny of technology narratives intensifies.

5 min readRead →
India Entertainment & Culture04 Oct 2026, 06:28 PM IST

After a Decade Away, Chennai Indie-Rock Band The F16s Return With 'All Dogs Go To Heaven'

After a 10-year gap, Chennai indie-rock quartet The F16s have returned with a new album, 'All Dogs Go To Heaven', a record shaped by age, distance, and a sharper trust in instinct. The band says the project reflects a more stripped-back creative phase, including a deliberately naked album cover and a renewed willingness to work without overthinking the result.

7 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 06:07 PM IST

SBI Bets on Digital-First Growth as Setty Flags Customer Protection, Rs 200 Lakh Crore Ambition

State Bank of India is sharpening its long-term growth strategy around a digital-first model while insisting that customer trust remains central to the bank’s transformation, chairman C S Setty said. As SBI marks its platinum jubilee, the lender is projecting a future in which total business could approach Rs 200 lakh crore by 2030, underscoring the scale of its ambitions in India’s fast-changing banking market.

6 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 02:39 PM IST

SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore Despite Recoveries

A consortium of lenders led by the State Bank of India has said that businessman Vijay Mallya still owes Rs 8,752 crore, even after recoveries of more than Rs 10,270 crore through repayments and asset monetisation. The disclosure intensifies scrutiny of Mallya’s repeated claims that his bank debts have been settled, while court proceedings and criminal cases tied to the long-running default continue.

5 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 11:09 AM IST

SBI Sees Surplus From New UPI MDR as It Leverages Scale in Payments

State Bank of India expects to generate surplus revenue from the new merchant discount rate on UPI payments above Rs 2,000, citing its large footprint in card issuance and payment gateway services. The bank will begin charging the fee from October 15 and is assessing how transaction splitting could affect systems and volumes.

5 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 01:39 AM IST

SBI Bets on Digital-First Growth as Setty Flags Rs 200 Lakh Crore Ambition by 2030

State Bank of India is sharpening its growth strategy around digital banking, deeper customer engagement and stronger protection standards, according to chairman C S Setty. The lender said its total business could scale to Rs 200 lakh crore by 2030 as it marks its platinum jubilee, underscoring the scale of its ambitions in India’s fast-changing financial landscape.

5 min readRead →
Banking, Fintech & Insurance03 Oct 2026, 11:35 PM IST

SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore

A consortium of lenders led by the State Bank of India has said fugitive businessman Vijay Mallya still owes Rs 8,752 crore, even after more than Rs 10,270 crore has been recovered through repayments and asset sales. The disclosure deepens the dispute over Mallya’s repeated claims that he has settled his bank dues, while court proceedings and criminal cases tied to the loan default continue.

5 min readRead →
Banking, Fintech & Insurance03 Oct 2026, 09:11 PM IST

SBI, Bank of Baroda and Canara Bank Urge Customers to Finish Branch Work Ahead of Proposed September 28–30 Strike

India’s largest state-run lenders have advised customers to complete urgent branch transactions in advance of a proposed bank strike scheduled for September 28 to 30, 2026. State Bank of India, Bank of Baroda and Canara Bank said digital and self-service channels should be used during the period, signalling possible disruption to in-branch services if the industrial action goes ahead.

5 min readRead →
Banking, Fintech & Insurance03 Oct 2026, 08:08 PM IST

SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore After Recoveries

A consortium of lenders led by the State Bank of India has said fugitive businessman Vijay Mallya still owes Rs 8,752 crore, even after recoveries of more than Rs 10,270 crore through repayments and asset sales. The disclosure complicates Mallya’s long-running claim that he has settled his bank liabilities and underscores that recovery proceedings and criminal cases remain active.

4 min readRead →
Banking, Fintech & Insurance03 Oct 2026, 06:09 AM IST

Cash-Flow Lending Set to Shape Financing for New-Age Sectors, SBI MD Says

Cash-flow-based lending is emerging as a critical financing tool for India’s new-age sectors, including automotive technology, electric vehicles and mobility, according to a senior State Bank of India executive. The bank is studying the model closely as traditional collateral structures often do not fit businesses built on software, platforms and fast-scaling revenue streams.

5 min readRead →
National Governance & Policy03 Oct 2026, 05:47 AM IST

Goyal Says Productive Talks With USTR Greer Could Speed Trade Deal

Commerce and Industry Minister Piyush Goyal said he held productive discussions with U.S. Trade Representative Jamieson Greer on concluding a trade agreement at the earliest. He also said the two sides exchanged views on G20 deliberations under the U.S. presidency, underscoring the broader strategic and economic context of the engagement.

5 min readRead →
Banking, Fintech & InsuranceJust now (08:56 PM IST)

Cash-Flow Lending Set to Shape Financing for New-Age Industries, SBI MD Says

Cash-flow-based lending is emerging as a critical financing model for new-age sectors, including automotive technology and electric mobility, as traditional collateral remains limited. State Bank of India is studying the approach closely, with lenders needing deeper insight into technology, revenue visibility and business models before extending credit.

4 min readRead →
Banking, Fintech & InsuranceJust now (04:23 PM IST)

SBI Bets on Digital-First Growth as Setty Puts Customer Trust at the Core

State Bank of India is sharpening its growth strategy around digital banking, customer relationships and long-term trust, according to chairman C S Setty. The lender believes its total business could scale to Rs 200 lakh crore by 2030 as it marks its platinum jubilee, even as it stresses that technology must be matched by stronger customer protection.

5 min readRead →
Banking, Fintech & InsuranceJust now (03:21 PM IST)

SBI Sees Cash-Flow Lending as Key to Financing New-Age Mobility Sectors

State Bank of India is increasingly viewing cash-flow-based lending as a critical financing tool for emerging sectors such as electric vehicles and mobility, where conventional collateral is often limited or absent. The bank says lenders will need a deeper understanding of technology, business models and expected revenue streams to support such projects responsibly.

5 min readRead →
Banking, Fintech & InsuranceJust now (10:52 AM IST)

Banks Urge Customers to Finish Essential Transactions Before 3-Day Strike

Public sector banks and older private lenders have advised customers to complete urgent transactions ahead of a three-day nationwide strike called from September 28 by the United Forum of Bank Unions. The government has already directed public sector banks to remain open on Sunday to reduce disruption and help customers access essential services before the work stoppage begins.

5 min readRead →
Banking, Fintech & InsuranceJust now (10:11 AM IST)

MPC Set to Open Rate-Hike Cycle with 25 bps Move, SBI Economists Say

State Bank of India economists said the Reserve Bank of India’s Monetary Policy Committee is now likely to begin a rate-hike cycle with a 25-basis-point increase in the repo rate, taking it from 5.25% to 5.50%. They argued that the balance of risks has shifted decisively toward tightening as inflation pressures and policy credibility concerns outweigh the case for further patience.

5 min readRead →
Banking, Fintech & InsuranceJust now (09:50 AM IST)

SBI Bets on Digital-First Growth, Customer Trust as Setty Eyes Rs 200 Lakh Crore Business by 2030

State Bank of India is sharpening its long-term growth strategy around digital banking, deeper customer engagement and stronger safeguards for users as it marks its platinum jubilee. Chairman C S Setty said the lender’s guiding principle is “digital first, customer first, nation always,” while indicating that SBI’s total business could potentially reach Rs 200 lakh crore by 2030.

6 min readRead →
Banking, Fintech & InsuranceJust now (09:50 AM IST)

Sensex, Nifty Turn Wobbly as Heavyweights Diverge; Hind Zinc, SBI and Force Motors Draw Active Trade

Indian equities were mixed in early trade on Thursday as benchmark indices struggled for direction amid stock-specific action in large caps and midcaps. Asian Paints, SBI, Tata Motors, HUL and Maruti Suzuki led gains in the Sensex pack, while ONGC, Axis Bank, Mahindra & Mahindra, Bajaj Auto and Hero MotoCorp were among the main laggards.

5 min readRead →
National Governance & PolicyJust now (04:29 AM IST)

Complaints Mount Over Illegal Soil Excavation in Kozhikode Amid Loopholes in Local Clearances

Complaints are intensifying in Kozhikode over alleged illegal excavation and removal of soil from hillocks being carried out under the guise of house construction. Residents and local observers say some groups are exploiting the recent transfer of certain powers from the Department of Mining and Geology to local self-government institutions to secure approvals that may not reflect the true scale of the activity. The controversy has sharpened scrutiny of how land-use permissions are being issued and monitored in Kerala.

5 min readRead →
Healthcare, Pharma & Life SciencesJust now (10:56 PM IST)

PhonePe Bets on Co-Branded Credit to Bring India’s Next 50 Crore Into Formal Lending

At the Global Fintech Festival 2026, PhonePe unveiled a new credit push aimed at consumers who have historically remained outside mainstream lending. The company introduced co-branded credit cards with HDFC Bank and SBI, alongside Wishcard, a product designed for users with limited or no credit history, signalling a sharper move from payments into everyday credit access.

6 min readRead →
Banking, Fintech & InsuranceJust now (06:00 PM IST)

Cash-Flow Lending Set to Gain Importance for New-Age Sectors, Says SBI MD

Cash-flow-based lending is emerging as a critical financing model for new-age industries, especially in sectors such as automotive, electric vehicles and mobility where conventional collateral is often limited. State Bank of India is studying the approach closely, with senior management stressing that lenders must understand technology, revenue visibility and business models before extending credit to innovative projects.

5 min readRead →
Banking, Fintech & InsuranceJust now (04:16 PM IST)

Cash-Flow Lending Set to Shape Financing for New-Age Sectors, SBI Executive Says

Cash-flow-based lending is emerging as a critical financing tool for new-age industries such as electric vehicles, mobility and other technology-led businesses, according to a senior State Bank of India executive. The shift reflects a broader challenge for lenders: many of these companies lack traditional collateral, forcing banks to assess future revenue potential, technology viability and operating cash generation more closely than before.

6 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside State Bank of India:

New Delhi(66)India(41)C S Setty(18)Vijay Mallya(13)Enforcement Directorate(13)Reserve Bank of India(11)