In a video statement on Sept. 17, 2025, Mecklenburg County Sheriff Garry McFadden said he has been betrayed by former staffers who came out and criticized him to…
Read more Mecklenburg County DA asks SBI to investigate claims against Sheriff McFaddenFayetteville State University Fayetteville State University RALEIGH Employees at Fayetteville State University’s communications office allegedly misused university-issued credit cards, racking up $692,239 in questioned purchases, according to an…
Read more ‘Egregious and disturbing.’ NC audit questions $600,000 put on university credit cardsFayetteville State University Fayetteville State University RALEIGH Employees at Fayetteville State University’s communications office allegedly misused university-issued credit cards, racking up $692,239 in questioned purchases, according to an…
Read more ‘Egregious and disturbing.’ NC audit questions $600,000 put on university credit cardsState Bank of India has approached the RBI seeking relaxation in the Cash Reserve Ratio (CRR) requirement for green deposits, which are long-term deposits used to fund green…
Read more SBI in talks with RBI for relaxation in CRR requirement for green depositsWith the government’s efficiency in managing funds going up manifold due to the adoption of the JIT (just-in-time) principle, banks are scrambling for alternatives to grow their current…
Read more Government’s JIT system adoption for the release of payments pushes banks to search for alternatives to grow Current Account depositsThe capital requirement of banks is expected to increase by 5 per cent, or ₹84,000 crore of additional capital, due to the increase in risk weights for certain…
Read more Banks’ capital requirements to rise on higher risk weights, loan rates to increaseM&M Financial Services has entered into a co-lending partnership with the State Bank of India to offer affordable solutions to the NBFC’s customers. Also read: SBI onboards MS…
Read more Mahindra Finance, SBI in co-lending pact for priority sector lendingSBI Cards & Payments Services (SBI Card), the country’s largest pure-play credit card issuer, is upbeat about clocking a better third quarter (Oct-Dec 2023) performance this year, riding…
Read more SBI Card Sees Q3 Sparkle on Festive Season Spending BoostState-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in loan and deposit growth in percentage terms during Q1 FY24. The deposit…
Read more Bank of Maharashtra tops PSU lenders chart in loan, deposit growth in Q1State Bank of India’s (SBI) net profit is likely to more than double in the first quarter vis-a-vis year ago period buoyed by robust net interest income and…
Read more SBI’s Q1FY24 net profit could more than double: Broking firmsThere is a need to mobilise domestic and international flows from retail as well as institutional investors to meet the green finance requirements of the country, according to…
Read more There is a need to mobilise domestic and international flows to meet India’s green finance requirements: SBI Chief KharaIndia’s largest bank State Bank of India said it has raised $750 million via a 5-year bond issuance at a coupon rate of 4.875 per cent. The bonds are benchmarked…
Read more SBI mops up $750 million via 5-year bond issuanceThe Executive Committee of State Bank of India’s Central Board on Tuesday approved long term fund raising of up to $2 billion in US dollar or any other convertible currency…
Read more SBI to raise up to $2 billion in FY24 from overseas marketsIndia has been wrongly placed at 126th rank in the World Happiness Report 2023, according to the State Bank of India’s research report Ecorwap. “We estimate India at…
Read more India’s Global Happiness Index rank should be 46, not 126: SBI EcowrapThe Additional Tier (AT)-1 bond market has polarised towards large/quality banks post the writedown of these bonds aggregating ₹8,415 crore by Yes Bank in the fourth quarter of FY20,…
Read more AT-1 Bonds: Market has become polarised towards larger/ quality banks, says JefferiesIndia and Singapore linked their systems that enable real-time money transfers between the two nations, as countries in the region seek to bring down barriers to the quick…
Read more India, Singapore link systems for real-time money transfersState Bank of India‘s exposure to the embattled Adani Group is “well-manageable”, given its strong buffer of provision reserves, CreditSights, a unit of Fitch Ratings, said in a…
Read more SBI has ‘well-manageable’ exposure to Adani Group: CreditSightsWithin days of the finance ministry issuing a diktat against mis-selling, the State Bank of India (SBI) has asked its field officers to desist from forced selling of…
Read more SBI asks field functionaries to desist from mis-selling of insurance productsSanjiv Chadha, MD & CEO of Bank of Baroda, says the usual link between growing the business and growing the physical footprint has broken for all times to…
Read more Use of technology in banking, its obstacles explained by top Indian bank CEOsIndian lenders are expanding lending to local corporations at the fastest pace in more than eight years, a sign of a new private investment cycle starting in the…
Read more Rise in Indian corporate lending signals new investment cycle
