As per the latest data collated by PGA Labs shows that, the State Bank Of India has topped debit cards market with a 30% market share, as of June 2022. Followed by Bank of Baroda (8% market share), Bank of India, Canara Bank Union Bank, and Punjab National Bank with 5% each. HDFC ...

Government's Department of Pension & Pensioners' Welfare (DoPPW) will collaborate with the State Bank of India (SBI). Aim: to create an integrated pension portal, which helps to enhance ease of living of pensioners. It was decided during the special session, that immediate ...

Ather Energy is partnering with SBI to provide financing options to interested buyers. The electric scooter maker plans to ease the process of purchase of EV two-wheeler for its buyers. Ather plans to use SBI’s massive reach in the country to provide wider financing options to its customers. As ...

SBI Research has estimated the growth of the Indian economy at 7.5% in 2022-23, an upward revision of 20 basis points from its earlier estimate. According to the official data, the economy will grow by 8.7% in FY22, net adding ₹11.8 lakh crore in the year to ₹147 lakh crore. ...

SBI and Border Security Force sign MoU to offer curated benefits through CAPSP Scheme: The State Bank of India (SBI) and Border Security Force (BSF) have signed a Memorandum of Understanding (MoU) in order to offer solutions for financial security to serving and retired BSF personnel and ...

The Tata Group has chosen State Bank of India, Bank of Baroda and HDFC Bank as preferred bankers for Air India. Recently Tata Group has taken over Air India from the government. Air India is the largest international carrier out of India with an 18.6% market share. ...

SBI Cards and Payment Services have partnered with Paytm for card tokenisation to protect the data of cardholders. SBI Card will enable cardholders to tokenise their cards on devices and make payments through Paytm Tokenisation refers to masking the original card number by replacing it with a ...

State Bank of India will acquire up to 9.95% stake in India International Clearing Corporation (IFSC) Ltd subject to maximum investment of 34.03cr. The Clearing Corporation acts as a central counterparty providing clearing & settlement and risk management services to India International ...

The State Bank of India (SBI) issued $650 million in green bonds on the India International Exchange (India INX) and the Luxembourg Stock Exchange(LuxSE) on November 22. This dual listing is in line with 2021’s topic of the World Investor Week (WIW), ‘sustainable finance’, as ...

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on State Bank of India (SBI) on November 26, 2021, for violating sub-section (2) of section 19 of the Banking Regulation Act, 1949. SBI held shares in the borrower companies of an amount exceeding 30 percent of the ...