Tag: sbi
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SBI Q1FY26 Results: Detailed Analysis
1. Profitability State Bank of India (SBI) delivered a resilient quarter in Q1FY26 despite pressure on margins. Net Profit rose to Rs. 19,160 crores, registering a 12.48% YoY growth. Operating Profit stood at Rs. 30,544 crores, up 15.49% YoY. Return on Assets (ROA) at 1.14% and Return on Equity (ROE) at 19.70% indicate robust profitability.…
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SBI and ministry streamline MPLADS with eSAKSHI portal for transparent fund management
The ministry of statistics & programme implementation, in collaboration with the state bank of india (sbi), has revolutionized mplads fund management through the esakshi digital platform. The eSAKSHI web portal, launched on 1st april 2023, integrates three key stages of the mplads workflow — mp recommendations, sanctioning by district authorities, and execution by implementing agencies…
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SBI Declares RCom and Anil Ambani as ‘Fraud’; CBI Complaint in Process
New Delhi, July 22, 2025:The State Bank of India (SBI) has officially classified Reliance Communications (RCom) and its promoter-director Anil D Ambani as ‘fraud’ accounts, following due process under RBI guidelines. This update was shared in a written reply by Minister of State for Finance, Pankaj Chaudhary, in the Lok Sabha on Monday. The fraud…
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🏦 Important Banking Update for Bankers : Key Decisions from Conciliation Meeting Held on 17th June 2025
📅 Date of Update: June 17, 2025🗂️ Source: Ministry of Labour & Employment – Office of Chief Labour Commissioner (C)📝 F. No. 21(17)/2025-IR The Ministry of Labour & Employment, under the Office of the Chief Labour Commissioner (Central), held a key conciliation meeting on June 17, 2025 (F. No. 21(17)/2025-IR) to address several unresolved issues…