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SBI news

State Bank of India is the country's largest commercial bank, a public sector bank majority-owned by the Government of India.

34 storiesLatest 24 Oct 2026, 19:50 ISTOfficial website

  1. Courts

    Rajasthan High Court tells SBI to freeze only disputed sum in cyber-crime case

    The Rajasthan High Court directed State Bank of India to keep only the disputed amount frozen in a customer's account linked to a police probe and to allow use of the rest.

  2. Courts

    Delhi High Court grants bail to former RCOM executive in ED money-laundering case

    The Delhi High Court on 15 October 2026 granted bail to a former Reliance Communications executive director in a case where the ED alleges diversion of bank loans.

  3. Courts

    Delhi High Court rejects SBI review plea on using retiree's gratuity to close loans

    The Delhi High Court dismissed SBI's plea to review its order holding that the bank could not use a retired officer's PF and gratuity to close his loans early.

  4. Courts

    Bombay High Court grants bail to promoter in ED's Rs 764 crore SBI loan case

    The Bombay High Court granted bail to the Vindhyavasini Group's promoter in an ED case over Rs 764.44 crore of SBI loans that the prosecution alleges were obtained with forged documents.

  5. Courts

    Madras High Court rejects borrower's writ against SBI possession order, points to DRT

    The Madras High Court on 8 October 2026 dismissed a borrower's writ petition against a SARFAESI possession order obtained by State Bank of India, holding that the remedy lies before the Debts Recovery Tribunal.

  6. Courts

    SBI v Amit Iron (2026): no personal hearing before a fraud tag, but borrowers must get the full forensic audit report

    SBI v Amit Iron (7 April 2026): the Supreme Court denies a personal hearing before fraud classification but makes supply of the full forensic audit report mandatory. Borrower playbook.

  7. Courts

    Gujarat High Court quashes Rs 2.40 crore tax charge on land mortgaged to SBI

    The Gujarat High Court quashed a state tax charge entered on land mortgaged to SBI and held that the bank, as a secured creditor, has first charge over the property under the SARFAESI Act.

  8. Courts

    Karnataka High Court rejects bank consortium's claim over UBL shares in Kingfisher case

    The Karnataka High Court on 14 October 2026 set aside a debt tribunal order and a Recovery Officer's order challenged by Diageo Holdings Netherlands, holding there was no justification for the banks' claim over UBL shares.

  9. Courts

    Supreme Court grants bail to main accused in ED case linked to Concast Steel and Power

    The Supreme Court has granted bail to the main accused in an ED money-laundering case linked to Concast Steel and Power, holding that long custody with no early trial in sight justified release.

  10. Courts

    Fighting a Wilful-Defaulter Tag: The 15-Day Representation Right Established in SBI v Jah Developers

    A wilful-defaulter tag bars institutional finance for five years. SBI v Jah Developers (2019) guarantees the borrower the First Committee order and 15 days to represent to the Review Committee.

  11. Enforcement

    CBI probes Reliance Communications loans; names Anil Ambani in FIR

    SBI has classified Reliance Communications' loan account as fraud and the CBI has registered an FIR naming the company and Anil Ambani. No charge has been framed and the probe continues.

  12. Enforcement

    ED attaches Rs 51.70 crore Dubai property in SBI letters-of-credit case

    The Enforcement Directorate has provisionally attached nine Dubai properties worth Rs 51.70 crore linked to Advantage Overseas Pvt Ltd, alleging proceeds of a Rs 1,266.63 crore SBI loss.

  13. Enforcement

    Supreme Court makes bank fraud tags contestable in Rajesh Agarwal ruling

    The Supreme Court held in State Bank of India v Rajesh Agarwal (27 March 2023) that banks must give borrowers the audit report and a hearing before classifying an account as fraud.

  14. Markets

    SBI Funds Management lists at Rs 613.30 on NSE, 6.85% premium

    India's largest asset manager, SBI Funds Management, listed on the NSE and BSE on 21 July 2026 at Rs 613.30 against its Rs 574 issue price, after a Rs 9,813 crore offer for sale.

  15. Markets

    SBI Funds Management lists at Rs 610, a 6.2% premium on Rs 574 issue

    India's largest asset manager debuted on the NSE and BSE on 21 July at Rs 610 against its Rs 574 issue price, a 6.2% premium, after the roughly Rs 9,813 crore offer for sale was subscribed 41.66 times.

  16. Markets

    SBI Funds Management IPO: RHP terms of India's largest AMC

    SBI Funds Management, India's largest asset manager, has brought its offer-for-sale IPO to market. Per the RHP filed with SEBI, the issue is a pure sale by SBI and Amundi.

  17. Markets

    SBI Funds Management's RHP sets out maiden all-OFS public offer

    India's largest asset manager by mutual fund AUM has its maiden IPO on SEBI's record: a pure offer for sale by State Bank of India and Amundi India Holding, per the red herring prospectus.

  18. Enforcement

    CBI files second chargesheet in Reliance Communications loan case

    The CBI has filed a second chargesheet naming Netizen Engineering and two directors in the Reliance Communications loan-diversion case, part of a Rs 19,694 crore bank-exposure investigation.

  19. Markets

    SBI Funds Management IPO subscribed 41.66 times at Rs 545-574 band

    The Rs 545-574 offer for sale by State Bank of India and Amundi closed on 16 July subscribed 41.66 times, per NSE data, with QIBs at 140.11 times and retail at 3.60 times.

  20. Markets

    SBI Funds Management sets Rs 545-574 band for Rs 9,795 crore IPO

    India's largest asset manager set a price band of Rs 545 to Rs 574 for its Rs 9,795 crore offer for sale, which opened on 14 July and closed on 16 July, per the RHP and SEBI filings.

  21. Courts

    SBI v V. Ramakrishnan: The Section 14 IBC Moratorium Shields the Company, Not Your Personal Guarantee

    The Supreme Court held on 14 August 2018 that the Section 14 IBC moratorium protects only the corporate debtor. Here is where a personal guarantor stands, and the defences that still work.

  22. Enforcement

    CBI files fresh chargesheet in Reliance Communications loan case

    The CBI has filed a fresh chargesheet in its Reliance Communications loan investigation, the latest step in a case where the agency has named Anil Ambani as an accused promoter.

  23. Markets

    SBI Funds Management IPO subscribed 41.66 times as book closes

    SBI Funds Management's Rs 11,693 crore offer-for-sale closed on 16 July 2026 subscribed 41.66 times overall, per NSE data, with the basis of allotment now being finalised.

  24. Markets

    SBI Funds Management IPO closes at 41.66x, listing set for July 21

    SBI Funds Management's Rs 11,692 crore offer for sale closed subscribed about 41.66 times overall, per NSE data, with allotment being finalised and listing set for 21 July 2026.

  25. Markets

    SBI Funds Management IPO closes subscription; allotment on July 17

    SBI Funds Management, India's largest asset manager, closed its entirely offer-for-sale IPO on 16 July per its SEBI-filed RHP, with the basis of allotment now being finalised.

  26. Markets

    SBI Funds Management IPO closes nearly 42 times subscribed

    The Rs 11,693 crore SBI Funds Management IPO, a pure offer for sale by SBI and Amundi, closed subscribed nearly 42 times on 16 July per exchange data, with QIBs leading.

  27. Markets

    SBI Funds Management Rs 9,795 crore IPO closes 41.7 times subscribed

    SBI Funds Management's Rs 9,795 crore offer for sale, the largest Indian IPO of 2026, closed on 16 July subscribed about 41.7 times, with QIBs at 140 times per exchange data.

  28. Courts

    SBI v Rajesh Agarwal: Your Right to Be Heard Before a Bank Tags Your Loan Account as Fraud

    The Supreme Court's 27 March 2023 ruling in SBI v Rajesh Agarwal forces banks to give you a hearing, the forensic audit report, and a reasoned order before classifying your loan account as fraud.

  29. Courts

    Tagged a Wilful Defaulter? RBI Rules on the Definition and Your Right to Represent Before the Committee

    A wilful-defaulter tag is a formal RBI finding, not just a missed EMI. Know the four grounds, the Rs 25 lakh threshold, the two-committee procedure, and your right to be heard.

  30. Courts

    Section 14 Moratorium Won't Shield You: SBI v. V. Ramakrishnan and the Personal Guarantor Trap

    The IBC Section 14 moratorium protects only the corporate debtor. After SBI v. V. Ramakrishnan (2018), lenders can pursue personal guarantors via SARFAESI even during a company's insolvency.

  31. Courts

    Branded a Wilful Defaulter: The RBI Threshold, the 5-Year Credit Ban, and Your Right to Be Heard

    An RBI wilful-defaulter tag bites at Rs 25 lakh and freezes credit for five years. Here is the statutory basis, the two-committee procedure, the defences that work, and what Jah Developers settled.

  32. RBI

    Home Loan Interest Rates April 2026: SBI vs HDFC vs ICICI — Who's Cheapest?

    A head-to-head comparison of home loan interest rates, processing fees, and hidden charges at India's three largest mortgage lenders as of April 2026.

  33. Fintech

    AI in Indian Banking: How SBI, HDFC, ICICI Are Using Machine Learning for Loans

    India's largest banks are deploying artificial intelligence and machine learning models across loan origination, credit scoring, and fraud detection. We examine the specific implementations and their impact.