State Bank Of India Employees

The report predicts that the RBI could cut the repo rate by 25 basis points in its February 2025 policy meeting, with a total reduction of at least 75 basis points over the entire easing cycle

SBI PO Recruitment 2025: SBI released a notification for 600 Probationary Officers for 2025. The application process begins today and the last date to apply is January 16, 2025

State Bank of India has announced Clerk Recruitment 2024 notification for 13,735 posts. Candidates can view the notice on the official website of SBI at sbi.co.in

Sets three-year horizon for achieving net profit of Rs 1 trn per annum

The country's biggest lender State Bank of India (SBI) intends to recruit about 10,000 new employees during the current financial year to meet its general banking requirement and foster its technical prowess. The bank has invested significantly in technology to provide seamless customer service as well as to strengthen the resilience of its digital channels. "We are strengthening our workforce, both on the technology side as well as on the general banking side. We have recently announced around 1,500 technology people recruitment both at the entry level and slightly at the higher level," SBI Chairman C S Setty told PTI in an interview. "Our technology recruitment is also on specialized jobs like data scientists, data architects, network operators etc. We are recruiting them for a variety of jobs in the technology side...So, in all, our current year requirement will be around 8,000 to 10,000 people. Head count will be added to both specialized and general sides," he said. The total

In response to declining deposits, several Indian banks have introduced limited-period special fixed deposit schemes with higher interest rates for specific tenures

The latest increase in MCLR by SBI comes days after the RBI left the repo rate unchanged at 6.5 per cent

State Bank of India has invited applications for manager, officer, economist, clerk, and other vacancies. Interested candidates can apply online through the official website of SBI at sbi.co.in

NIM fell 12 bps, both sequentially and Y-o-Y basis, to 3.35 per cent

State Bank of India (SBI) on Saturday reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year. The country's biggest lender had posted a net profit of Rs 16,884 crore in the April-June quarter of 2023-24. The bank's total income increased to Rs 1,22,688 crore in the first quarter against Rs 1,08,039 crore a year ago, SBI said in a regulatory filing. During the quarter, the bank earned an interest income of Rs 1,11,526 crore compared to Rs 95,975 crore in the year-ago period. The bank's gross non-performing assets (NPA) of the total advances declined to 2.21 per cent in the first quarter from 2.76 per cent at June-end last year. Similarly, its net NPAs also eased to 0.57 per cent in June 2024 from 0.71 per cent a year ago. On a consolidated basis, SBI's net profit rose marginally to Rs 19,325 crore against Rs 18,537 crore in the same quarter of the previous fiscal. At the same time, its total income increased to Rs 1,52

NIMs under pressure; dip by 15 bps to 2.90%

The country's largest lender is also planning to open 300 new branches in the current financial year, as against 139 opened in Financial Year 24

In October 2023, SBI chief Dinesh Kumar Khara's tenure was extended until August 2024

Banks will remain closed in some states on May 1 in observance of Maharashtra Day and May Day

The inflation-adjusted returns will accrue even if inflation does not ease to the Reserve Bank of India's 4% target and stabilises around 5%, he said

The unique numbers would match the buyers and the recipient political parties of the electoral bonds

'22,217 electoral bonds purchased, 22,030 redeemed between April 1, 2019, and February 15, 2024'

The Association for Democratic Reforms (ADR) has filed a contempt petition in the Supreme Court against the State Bank of India for not complying with the top court's direction

State Bank of India has announced SBI Clerk Prelims Result 2024. The Junior Associate preliminary results can be viewed by applicants on the official website of SBI at sbi.co.in

5-judge bench of SC, comprising Chief Justice DY Chandrachud and Justices Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra, on Thursday barred SBI from any further issuance of electoral bonds