State Bank of India

State Bank of India Launches Web-Based Invoice Financing Solution
State Bank of India Launches Web-Based Invoice Financing Solution
July 01, 2024  |  B2B Payments

The State Bank of India reportedly launched a web-based invoice financing solution for microbusinesses and small- to medium-sized businesses (SMBs). The new MSME Sahaj solution...

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Report: Paytm Turning to Banks to Process UPI Transactions
Report: Paytm Turning to Banks to Process UPI Transactions
February 26, 2024  |  Banking

Embattled Indian FinTech Paytm is reportedly turning to a group of banks for help. The company is likely to work with Aix Bank, HDFC, Yes Bank and...

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State Bank of India Chair Applauds Crackdown on ‘Unhealthy’ Loans
State Bank of India Chair Applauds Crackdown on ‘Unhealthy’ Loans
January 17, 2024  |  Loans

The chair of India’s biggest bank said his country was right to restrict unsecured loans. That crackdown, the State Bank of India’s Dinesh Khara told...

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SBI and Reliance Launch Credit Card on India’s RuPay Network
SBI and Reliance Launch Credit Card on India’s RuPay Network
October 31, 2023  |  Credit Cards

SBI Cards and Reliance Retail are launching a credit card on India’s RuPay payment network. The co-branded card marks Reliance’s entry into the credit card space, according to a Tuesday...

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Reserve Bank of India to Test Blockchain-Based Trade Financing Effort
Reserve Bank of India to Test Blockchain-Based Trade Financing Effort
June 23, 2022  |  Digital Banking

The Reserve Bank of India (RBI) has locked in HDFC Bank, ICICI Bank and State Bank of India among almost a dozen lenders across the...

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SBI Launches Real-Time Xpress Credit Loans on India’s YONO App
SBI Launches Real-Time Xpress Credit Loans on India’s YONO App
May 23, 2022  |  Personal Loans

The State Bank of India (SBI) has announced that its personal loan product for salaried customers, called Real-Time Xpress Credit (RTXC), will be available through...

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State Bank of India Backs Pine Labs with $20M
State Bank of India Backs Pine Labs with $20M
January 04, 2022  |  Investments

The State Bank of India (SBI), the country’s largest commercial bank, invested $20 million in the merchant commerce platform Pine Labs ahead of an expected...

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India’s SBI Latest Bank to Bar Payments to Crypto Exchanges
India’s SBI Latest Bank to Bar Payments to Crypto Exchanges
September 16, 2021  |  Cryptocurrency

The State Bank of India (SBI) has cut off payments made with its Unified Payments Interface (UPI) to cryptocurrency exchanges, the EconoTimes reported. The news...

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State Bank Of India Invests In SMB Payments Firm Cashfree
State Bank Of India Invests In SMB Payments Firm Cashfree
June 07, 2021  |  B2B Payments

The State Bank of India has made an investment in Cashfree, the digital payments and banking tech company said Monday (June 7). The move by...

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