SBI Hires 5,783 Junior Associates, Plans Annual Onboarding of 16,000 Staff
SBI inducts 5,783 junior associates, part of adding 18,000 employees this fiscal. Chairman announces plan to hire 16,000 annually to support growth.
Get latest Bank news updates covering banking sector, policies, interest rates, and financial services. Stay informed about banking developments, digital payments, and industry trends. Comprehensive coverage of banking sector. Your trusted source for Bank News.
SBI inducts 5,783 junior associates, part of adding 18,000 employees this fiscal. Chairman announces plan to hire 16,000 annually to support growth.
HDFC Bank will count UPI-based cash withdrawals against monthly free ATM limits from April 1. Learn about the new charges and policy.
RBI announces results of state bond auction with ₹44,330 crore allotted. Karnataka, Maharashtra, Tamil Nadu among top issuers. Check cutoff yields and state-wise details.
BSE resolved 150 investor complaints in Feb, received 113 new ones. JSW Steel had most pending grievances. Exchange warns against Aditya Rishab Mishra.
SBI YONO and TransUnion CIBIL collaborate to let users check credit scores, use a score simulator, and access financial literacy tools within the app.
RBI auctions ₹44,550 crore in State Government Securities for 16 states on Feb 24. Details on states, maturities, and how to bid.
Finance Minister Nirmala Sitharaman warns banks against mis-selling, supports new RBI guidelines to protect customers from forced insurance bundling.
RBI Governor says Rs 590 crore fraud at IDFC First Bank branch is not a systemic issue. Bank suspends 4 employees; Haryana govt de-empanels bank.
Report forecasts 17% earnings rebound for banking sector by FY27-28, driven by loan growth, margin recovery, and stable asset quality.
Bank profitability improved in Q3 driven by higher net interest income, better asset quality, and lower costs. Outlook remains healthy.
RBI's new risk-based deposit insurance framework will lower premiums for stronger banks, boosting their profitability and incentivizing better risk management.
PFRDA Chairman announces banks can sponsor NPS pension funds, creating a level playing field with AMCs and insurers. New withdrawal norms for NPS Vatsalya also detailed.
RBI issues draft guidelines to ban mis-selling, compulsory bundling & dark patterns in financial product sales. Banks may have to refund customers.
RBI issues compounding order for FEMA violations by Deccan Digital Networks after ED investigation, ending legal proceedings with a penalty.
RBI Deputy Governor Swaminathan J emphasizes ethics, transparency, and customer centricity as fundamental to banking integrity and long-term credibility.
RBI increases unsecured loan limit for UCBs to 20% of advances, sets new tier-wise caps, and revises housing loan norms. Feedback open until 2026.
RBI mandates banks to provide collateral-free loans up to Rs 20 lakh for Micro and Small Enterprises, with provisions to increase limits.
Gross NPAs of Indian banks fall to a historic low of 2.15%, improving profitability and asset quality due to government and RBI reforms.
Gross NPAs for Indian banks reach a historic low of 2.15% as of September 2025, driven by government reforms and improved asset quality.
RBI likely to keep rates on hold through next fiscal year as inflation pressures build, focusing on liquidity and regulatory tools, Crisil reports.