State Bank of India

Corporates Take A Deeper Dive Into Blockchain
Corporates Take A Deeper Dive Into Blockchain
February 25, 2021  |  B2B Payments

Blockchain and digital currencies continue to garner more attention among corporate finance leaders and their financial service providers, with this week’s Payment Rail Innovation tracker...

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Today In Digital First Banking: Central Banks Of UAE, China Join CBDC Effort; State Bank Of India Signs Onto Liink
Today In Digital First Banking: Central Banks Of UAE, China Join CBDC Effort; State Bank...
February 24, 2021  |  Digital Banking

In today’s top news in digital-first banking, the central banks of China and the United Arab Emirates (UAE) are joining a digital currency initiative for cross-border...

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State Bank Of India Joins Liink, JPMorgan’s Blockchain Network
State Bank Of India Joins Liink, JPMorgan’s Blockchain Network
February 23, 2021  |  Blockchain

The State Bank of India (SBI) is joining Liink, J.P. Morgan’s peer-to-peer blockchain-based data network, according to a report from The Economic Times. The partnership...

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Regional Banks Accelerate Modernization Through FinTech
Regional Banks Accelerate Modernization Through FinTech
February 09, 2021  |  B2B Payments

For large, global financial institutions (FIs), modernizing is no easy feat. Bogged down by legacy infrastructure, big banks often find that FinTech collaboration wins in...

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India’s Central Bank Recommends Integrating Corporates Into Banking
India’s Central Bank Recommends Integrating Corporates Into Banking
November 23, 2020  |  Banking

India’s central bank is considering allowing payment banks and other finance companies to become lenders. A working group within the central bank is also mulling...

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State Bank Of India Teams With ACI Worldwide On Real Time Payments
State Bank Of India Teams With ACI Worldwide On Real Time Payments
September 08, 2020  |  International

State Bank of India, the country’s largest bank, has updated its payment processing system to ACI Worldwide Technology‘s Retail Payments system. The system allows the...

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India’s Central Bank Warns Of Banking Crisis
India’s Central Bank Warns Of Banking Crisis
July 19, 2020  |  Banking

Rajnish Kumar, chairman of the State Bank of India, the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system,...

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India Seizes Control Of Yes Bank, Plans Bailout
India Seizes Control Of Yes Bank, Plans Bailout
March 06, 2020  |  International

The Indian government has seized control of its fourth-largest private bank as it organizes a bailout plan and temporarily limits how much depositors can withdraw,...

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SBI’s Credit Card Division Seeks To Raise $1.1B With IPO
SBI’s Credit Card Division Seeks To Raise $1.1B With IPO
August 29, 2019  |  International

SBI Card & Payments Services Ltd, the credit card subsidiary of the State Bank of India (SBI), seeks to raise about 80 billion Indian rupees...

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