State Bank of India (SBI) is developing a new lending system that could use UPI transaction data to assess the loan eligibility of small businesses. SBI Managing Director Ashwini Kumar Tiwari shared details about the proposed facility. The system is being developed to help businesses that may not have GST registration but have regular sales … Read more
SBI Stree Shakti Yojana provides financial assistance to eligible women entrepreneurs who want to start a business or expand an existing one. The scheme covers businesses operating in manufacturing, trading and service sectors. Depending on the business requirement and financial assessment, loans of up to ₹25 crore may be available. Eligible women borrowers may also … Read more
Looking for a safe place to keep your savings while earning guaranteed returns? SBI’s 211-day fixed deposit could be worth a closer look. The country’s largest public sector bank is offering different interest rates on FDs based on the deposit period and the customer’s age. For a 211-day FD, the interest rate can go as … Read more
State Bank of India (SBI) has announced an important change for customers who have salary package accounts. From October 1, the bank will reduce the number of free transactions allowed at ATMs of other banks. This means SBI salary account holders who frequently use other banks’ ATMs may need to keep a closer watch on … Read more
State Bank of India (SBI) customers have an important update regarding UPI payments. If you regularly use UPI for shopping, bills, food, or other daily payments, you may face a temporary disruption on September 4, 2026. SBI has informed customers that its UPI services will remain temporarily unavailable for 45 minutes due to scheduled maintenance. … Read more
SBI customers who regularly use UPI should take note of an important update. State Bank of India (SBI) has announced that its UPI services will be temporarily unavailable for 45 minutes on September 4, 2026, due to scheduled maintenance. The service interruption will take place from 12:15 AM to 1:00 AM. However, SBI said the … Read more
State Bank of India (SBI) is set to change its cash withdrawal charges for certain Basic Savings Bank Deposit (BSBD) account holders from October 1, 2026. Under the new rule, customers will still get four free cash withdrawals every month through the branch. But after these four transactions, each additional cash withdrawal will cost ₹15 … Read more
SBI Cash Withdrawal Rules will change from October 1, 2026, for customers holding Basic Savings Bank Deposit (BSBD), Jan Dhan and other eligible zero-balance basic savings accounts opened through SBI branches. Under the revised rules, customers who exceed the free monthly cash withdrawal limit will have to pay a charge for every additional transaction. The … Read more
Shares of SBI Funds Management, India’s largest asset management company, made a strong debut on the stock market today. The stock listed at ₹613.30 on the NSE and ₹610 on the BSE, giving investors who bought the IPO a listing gain of up to ₹39.30 per share. The IPO was priced between ₹545 and ₹574 … Read more
The ₹9,813 crore IPO of SBI Funds Management, India’s largest asset management company (AMC), opened for subscription on July 14. Investors can apply for the IPO until July 16. Before the IPO opened, the company raised around ₹1,655 crore from 30 investors through a pre-IPO placement. Because of this, the IPO size was reduced from … Read more
State Bank of India (SBI) has introduced several new AI-powered digital services to make banking easier and faster for its customers. The announcements were made on the bank’s 71st Bank Day as part of a major upgrade to its YONO platform. The latest update adds new customer services, AI-based tools, and several industry-first features for … Read more