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State Bank of India
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Situations
Indian equity volatility and rising crude oil prices
29 clusters · 238 sources · last updated
Latest: Indian stock markets rebound as Sensex and Nifty close higher
Following a recovery in early October, where the Sensex climbed to 73,067 and the Nifty 50 reclaimed levels above 22,750, the Indian equity market entered a period of heightened volatility. This initial rebound was suppo
India law-enforcement crackdown on crime 2026
296 clusters · 286 sources · last updated
Latest: Delhi Police arrest two men in credit card KYC fraud scheme
In mid-August 2026, Indian law enforcement expanded its focus on high-value impersonation scams, organized trafficking, and medical fraud. Cyber-fraud investigations gained international dimensions as the FBI shared inte
CISF functional reorganization
2 clusters · 2 sources · last updated
Latest: CISF announces structural reorganization and welfare benefits
The Central Industrial Security Force (CISF) is set to implement a major functional reorganization of its administrative and operational structure beginning November 1, 2026. Approved by the Ministry of Home Affairs, the
Indian school, bank, and stock market holidays, Oct 2026
8 clusters · 32 sources · last updated
Latest: India bank holidays: Regional closures on October 26
In late September 2026, school holiday schedules were announced across various Indian states for October, driven by religious and national observances such as Gandhi Jayanti on October 2 and the Durga Puja period. Region
RBI raises repo rate to 5.50% amid rising inflation
8 clusters · 77 sources · last updated
Latest: Reserve Bank of India rate hike impacts household debt and liquidity
The Reserve Bank of India (RBI) has increased the policy repo rate by 25 basis points, raising it from 5.25% to 5.50%. This marks the first rate hike since February 2023. Following a meeting of the Monetary Policy Commit
Indian bank holiday schedules and misinformation
3 clusters · 11 sources · last updated
Latest: Banks in India closed for fourth Saturday holiday
In early October 2026, the Indian Ministry of Finance and the Press Information Bureau debunked a viral social media document claiming the central government had declared every Saturday a public holiday for all public se
State Bank of India data breach
3 clusters · 42 sources · last updated
Latest: State Bank of India identifies 3,897 customer records leaked on dark web
The State Bank of India (SBI) confirmed a cyber incident involving the suspected exposure of 3,897 customer records on the dark web. This specific subset was identified within a larger dataset of approximately 375,000 re
India RBI manages liquidity surplus and FCNR(B) inflows
21 clusters · 70 sources · last updated
Latest: Indian banks face margin pressure from foreign currency deposits
In July 2026, India's foreign-exchange reserves rose significantly, reaching $682.235 billion by July 24. This growth was supported by a $4.51 billion gain in foreign currency assets and increased gold holdings, driven l
Indian public‑sector bank recruitment 2026 – updates
34 clusters · 48 sources · last updated
Latest: State Bank of India announces recruitment for AI and specialist officer roles
In August 2026, several Indian public-sector banks launched major recruitment drives. The Institute of Banking Personnel Selection (IBPS) opened applications for 11,403 Customer Service Associate (Clerk) positions across
Iran economic crisis, inflation, and currency collapse
32 clusters · 110 sources · last updated
Latest: Iran market volatility: Dollar, gold, and coin prices fluctuate amid negotiation news
Since July 2026, Iran has faced extreme market volatility and hyperinflationary pressures. By early September, the US dollar surpassed 2.1 million rials on the free market, a collapse attributed to US-imposed naval block
Escalating global cybersecurity and AI-driven threats
19 clusters · 76 sources · last updated
Latest: Cyberattacks rise 48% amid growing AI data exposure risks
The global cybersecurity landscape faces escalating systemic risks driven by artificial intelligence and shrinking exploitation windows. While AI assists defenders, it also enables attackers to automate and scale operati
Indian government discussions on capital gains tax
3 clusters · 10 sources · last updated
Latest: Nirmala Sitharaman attributes India's market weakness to easy liquidity and exits
Indian Finance Minister Nirmala Sitharaman has indicated that the government is considering suggestions regarding the potential removal of Long Term Capital Gains (LTCG) tax during pre-budget discussions. This follows co
Organized crime and robbery arrests in India
2 clusters · 5 sources · last updated
Latest: Rajasthan police arrest multiple suspects in robbery and drug cases
Law enforcement agencies in India have conducted various operations targeting organized crime, including ATM thefts, robberies, and drug trafficking. In Rajkot, the Crime Branch arrested three members of an interstate g
Maldives-India debt repayment and forex crisis
4 clusters · 17 sources · last updated
Latest: India rolls over 30 billion rupee currency swap for Maldives
The Maldives has completed the repayment of a USD 150 million budget-support facility facilitated by India. The final USD 50 million installment was settled on September 17, 2026, clearing a total liability consisting of
SEBI derivative settlement methodology review
6 clusters · 27 sources · last updated
Latest: SEBI amends closing auction rules and derivatives settlement
The Securities and Exchange Board of India (SEBI) is reviewing the methodology for determining settlement prices for derivative contracts. This follows the August 3, 2026, implementation of the Closing Auction Session (C
India UPI MDR implementation deferred until after Diwali
24 clusters · 161 sources · last updated
Latest: Delhi traders welcome postponement of UPI Merchant Discount Rate
The Unified Payments Interface (UPI) in India is transitioning from a largely free network to a model incorporating a Merchant Discount Rate (MDR) to cover annual operating costs. Effective October 15, 2026, a 0.4% MDR w
India FCRA Amendment Bill parliamentary review
3 clusters · 8 sources · last updated
Latest: Joint Parliamentary Committee reviews FCRA Amendment Bill
A 31-member Joint Parliamentary Committee (JPC), chaired by BJP MP Sanjay Jaiswal, is reviewing the Foreign Contribution (Regulation) Amendment Bill, 2026. The legislation seeks to enhance government oversight, transpare
Flipkart Big Billion Days 2026: Sale Launch and Deals
13 clusters · 36 sources · last updated
Latest: Flipkart Big Billion Days Sale offers discounts on smartphones and electronics
Flipkart has launched its 13th edition of the Big Billion Days festive sale. The event began with early access for Plus, BLACK, and co-branded credit card members on October 8, 2026, followed by general access on October
Cyber fraud and impersonation scams in India
12 clusters · 27 sources · last updated
Latest: Ratlam police arrest three in 55 lakh rupee digital arrest scam
Cybercriminals in India continue to employ sophisticated impersonation tactics, particularly the “digital arrest” scheme, to defraud citizens. In these scams, criminals pose as law enforcement, judicial members, or offic
Criminal activity and ATM fraud in India
2 clusters · 12 sources · last updated
Latest: India police address ATM thefts, impersonation fraud and social media misinformation
Authorities in India are responding to various criminal schemes targeting financial institutions and individuals. In Dhanbad, Jharkhand, police alerted banks after discovering a suspicious plate attached to a State Bank
State bank fraud and sentencing in Sri Lanka
2 clusters · 7 sources · last updated
Latest: State bank official sentenced to 35 years for 130 million rupee fraud
A chief cashier at a leading state bank in Sri Lanka has been sentenced to 35 years in prison by the Homagama High Court for the fraudulent misappropriation of over 130 million rupees. Following an investigation by the
India GDP growth debate continues amid IMF and Moody's nods
29 clusters · 183 sources · last updated
Latest: World Bank raises growth forecasts for Africa and South Asia
India’s industrial and economic momentum accelerated through mid-2026, with the Index of Industrial Production (IIP) rising in June and July. By late August, MoSPI confirmed a 7.8% real GDP growth for the first quarter o
Indian bank and government fixed deposit interest rates
7 clusters · 11 sources · last updated
Latest: Fixed deposit rates for senior citizens reach up to 8.50%
Indian banking institutions continue to offer diverse fixed deposit schemes, with significant variations between small finance banks and major public sector lenders. Senior citizens (aged 60 and above) remain a primary f
Reserve Bank of India regulatory updates
4 clusters · 19 sources · last updated
Latest: RBI to mandate daily interest rate updates for Bulk Fixed Deposits
Following the regulatory updates scheduled for October 1, 2026, the Reserve Bank of India (RBI) has introduced additional measures to stabilize the Indian Rupee and curb foreign exchange speculation as the currency faces
Indian bank union strike deferred after negotiations
8 clusters · 106 sources · last updated
Latest: Indian Banks’ Association forms committee to discuss five-day work week
The United Forum of Bank Unions (UFBU), representing over 90 per cent of India’s banking workforce, had scheduled a series of nationwide strikes for September 28 to 30, 2026, to address unresolved labor disputes. The uni
Indian small savings scheme interest rates maintained
3 clusters · 10 sources · last updated
Latest: India Ministry of Finance keeps small savings interest rates unchanged
On September 30, 2026, the Indian Ministry of Finance concluded its quarterly review by deciding to maintain existing interest rates for all Post Office Small Savings Schemes for the October-December 2026 quarter. This d
State Bank of India tax litigation rulings
2 clusters · 2 sources · last updated
Latest: State Bank of India shielded from tax default by ITAT Rajkot ruling
The State Bank of India (SBI) has secured favorable rulings from the Income Tax Appellate Tribunal (ITAT) regarding various tax disputes. In a ruling from ITAT Mumbai concerning the 2011-12 assessment year, the tribunal
US-Iran conflict and energy shocks drive oil volatility
1706 clusters · 3649 sources · last updated
Latest: Oil prices surge toward $100 amid US-Iran tensions
The military conflict between the US, Israel, and Iran has entered its seventh month, characterized by a stalemate involving ‘Operation Economic Outcast,’ a blockade designed to isolate Iran from global trade. While the
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State Bank of India launches cleanliness and green campaign in Rajasthan
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NRI deposits in Kerala reach Rs 3.35 trillion as Gulf remittances rise
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