by AIP Online Bureau | Oct 2, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management
“I am happy the RBI has brought changes in the existing deposit insurance scheme for the banks. The banks have been asking this for long. Paying insurance premium has become the largest overhead any bank today. SBI itself paid Rs 5400 crore of premium in FY...
by AIP Online Bureau | Jun 23, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life, Technology, Wealth Management/ Philanthropy, Workplace/Employee Benefits
“This strategic initiative aims to enhance the depth, quality, and consistency of financial planning provided across SBI’s extensive branch and digital network. The training will cover investment planning, retirement readiness, insurance advisory, and...
by AIP Online Bureau | Jun 1, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life
The insurance behemoth was followed by the country’s biggest lender State Bank of India (SBI) with Rs 18,643 crore profit during the fourth quarter. However, SBI was ahead of LIC in terms of annual profit as it earned Rs 70,901 crore in FY25 as against Rs 48,151...
by AIP Online Bureau | Mar 14, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
The project will help diversify the work of the bank’s project finance and structuring unit, which appraises, structures and funds large projects in infrastructure. Lending to so-call new age industries and renewable energy sectors increasingly make up a larger...
by AIP Online Bureau | Feb 23, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
C S Setty, Chairman ,SBI Mumbai: State Bank of India Chairman C S Setty on Sunday said the largest Indian lender is targeting to be Net-Zero by 2055. The bank, the largest in the country, will be celebrating its centenary year of existence then, he said. Setty made...
