Cybercrime and Banking Fraud Alert: State Bank of India, Nation’s Largest Lender, Reminds Customers to Never Share Personal Details with Anyone

July 20, 2020 @ 10:27 pm By Omar Faridi |

The State of Bank of India (SBI) has again cautioned against the increasing number of fraudulent activities targeting unsuspecting bank account holders. The SBI is a multinational, public sector banking and financial services statutory body that’s headquartered in Mumbai, Maharashtra. Last year, it was ranked… Read More

Flexible Banking Solutions Needed as Digitization becomes More Pervasive, According to Former State Bank of India Chair Arundhati Bhattacharya

June 16, 2020 @ 12:37 am By Omar Faridi |

Arundhati Bhattacharya, the former Chair of the State Bank of India who was ranked as the world’s 25th most powerful woman by Forbes in 2016, has argued that banking service providers must become more data-driven and also more digital. In a recent interview with Livemint,… Read More

Major Indian Payment Solution Provider SBI Cards Is Preparing to Conduct a $1.4 Billion IPO

February 27, 2020 @ 9:20 pm By Omar Faridi |

An increasing number of Indian consumers are making digital payments at metros and also at stores in small towns. India-based SBI Cards, a major payment solution provider, is reportedly planning to raise approximately $1.4 billion via an initial public offering (IPO) which would be the… Read More

Lendingkart Hauls in $3.8M in Debt Funding with Plans for Future Growth

December 27, 2017 @ 9:25 am By Erin Hobey |

Ahmedabad-based SME lending startup and Digital Lenders Association of India member Lendingkart Finance has secured $3.8 M (INR 25 Cr) in debt from the State Bank of India according to multiple news sources, just three months after hauling in $10.9M (INR 70 Cr) in funding round led… Read More

State Bank of India Teams Up With Moody’s Analytics to Launch Credit Certification

October 10, 2017 @ 2:05 pm By Samantha Hurst |

The State Bank of India (SBI) announced on Tuesday it has formed a partnership with Moody’s Analytics to provide bank-wide credit certification to SBI’s employees enabling them to source, appraise, and monitor loans faster. According to SBI, the initiative enhances the bank’s market-leading credit curriculum with the globally recognized expertise of Moody’s Analytics. It also… Read More

State Bank of India Creates $30 Million Fund for Fintech

June 22, 2016 @ 12:04 am By JD Alois |

Everybody’s Doing It. The State Bank of India (SBI) is the most recent government controlled financial entity that is embracing the Fintech rush. According to multiple reports, India’s largest bank has created a $30 million fund to help startups in the financial sector. The fund… Read More