SBI is one of the largest financial services institutions in India. The bank offers car loans starting with an interest rate of 7.85% per annum to salaried, self employed and SMEs as well.

Canara Bank had earlier declared the loan as fraud in Nov 2024, but that order was later set aside by Delhi HC. Ambani's lawyers said SBI's order was passed ex parte and in breach of natural justice.

SBI personal loan interest rates in July 2025 range from 10.30% to 15.30% annually, with charges varying by scheme, borrower profile, and employment type. Processing fees and EMI details included.

As of Oct. 4, 2024, SBI is offering gold loans at an interest rate ranging between 9.05% and 10.20%.

The SBI classified the Reliance Communications loan account as ‘fraud' after finding alleged diversion of loan funds in transactions dating back to 2026. The SBI said it gave Anil Ambani and the ...

Growth in the loan book of SBI, India's largest lender, is seen as an indicator of broader economic trends in the country. SBI's retail loans -- its biggest segment -- grew 14.68%.

India's SBI Cards and Payment Services reported first-quarter profit below expectations on Friday, weighed by a surge in the ...

SBI declined to comment. Foreign-currency loans taken out by Indian issuers have declined 30% to $3.2 billion so far in 2025 from the year-earlier period, and are running at a four-year low ...