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state bank of india

Industry Updates

SBI Classifies MTNL Loan as Sub-Standard NPA and Threatens Legal Action

ITN Media -
In Short:The State Bank of India (SBI) has classified MTNL’s loan account as sub-standard due to missed payments since June. MTNL owes Rs 325.52...
Industry Updates

SBI’s FD-SIP Combos: Attracting Gen Z with ₹1 Lakh Crore Opportunity, Says Setty

ITN Media -
In Short:The State Bank of India (SBI) aims to attract Gen Z depositors by innovating its products, merging fixed deposits and SIPs into a...
Industry Updates

Vodafone Idea anticipates tariff increase in 2025 and plans to finalize fundraising soon, says CEO

ITN Media -
In Short:Vodafone Idea (Vi) anticipates another price hike in telecom services by mid-2025, which will help improve cash flow. CEO Akshaya Moondra shared that...
Industry Updates

Karnataka Government Directs Departments to Close SBI, PNB Accounts: Reasons Explained

ITN Media -
In Short:The Karnataka Government has ordered all its departments and organizations to stop using the State Bank of India and Punjab National Bank due...
Industry Updates

New SBI chairman Setty faces challenging task, but is ready

ITN Media -
In Short:Challa Sreenivasulu Setty is set to become the new chairman of SBI. Despite a deposit slowdown and rising loan delinquencies, analysts are positive...
Industry Updates

Indian banks gaining global prominence, investors slow to jump on bandwagon

ITN Media -
In Short:Indian banks have strengthened their position globally, with HDFC Bank leading the pack. Despite the sector's underperformance in the past five years, experts...
Industry Updates

Vodafone Idea seeks Rs 23,000 cr term loans and Rs 10,000 cr bank guarantees

ITN Media -
In Short:Vodafone Idea is planning to borrow Rs 23,000 crore in term loans and Rs 10,000 crore in bank guarantees to boost its infrastructure...

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