State Bank Of India RAJASTHAN IFSC Code Finder

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Bank Related News

Bajaj Finance aims at ₹10 lakh-cr loan book by FY29; likely to look within for next MD
Sep 08, 2025, 11:51PM IST
Bajaj Finance is preparing for a leadership transition. Rajeev Jain's successor will be an internal candidate. The company aims to finalize succession plans within six months. Jain's term extends until March 2028. Bajaj Finance targets significant growth. They project a profit of ₹43,000 crore by FY29. The firm also plans to expand its customer base substantially.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Sep 08, 2025, 10:04PM IST
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analyses, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools – earnings, fundamentals, relative valuation, risk, and price momentum.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 25%
Sep 08, 2025, 09:50PM IST
Are you looking at the Nifty to figure out whether to be bullish or bearish? If yes, cast your eye back to the day last year when the big correction started. Did all stocks start falling only after September 26, 2024, the day the indices peaked? No. Several stocks across segments began declining much before that day. The lesson: Focus on companies where the broader picture of growth is intact. And let the Nifty do what it is doing. Focus on the management, a key driver of earnings. Also, because GST rationalisation will likely impact earnings in a positive way, it is probably a good time to keep scepticism aside, but with conditions.
SCSS vs Bank FD: Which investment scheme is offering 8.2% interest rate to senior citizens?
Sep 08, 2025, 02:52PM IST
With falling FD interest rates, senior citizens are seeking better investment options. The Senior Citizen Savings Scheme (SCSS), a government-backed scheme, offers a higher interest rate of 8.2% compared to many leading bank FDs. SCSS has a five-year term, tax benefits under Section 80C, and a maximum investment limit of Rs 30 lakh, making it an attractive alternative.
SBI clerk 2025 prelims exam dates released: Check the dates, eligibility criteria, application process and exam pattern
Sep 06, 2025, 09:02PM IST
SBI Clerk Prelims exam dates : State Bank of India has announced the tentative schedule for the SBI Clerk (Junior Associate) Recruitment 2025, aiming to fill 5,180 vacancies. The Preliminary Examination is scheduled for September 20, 21, and 27, 2025, while the Main Examination is expected in November 2025. Candidates who successfully registered can find details on the official website, sbi.co.in.
F&O Talk| Nifty stages pullback but lacks conviction; trend hinges on banking, IT revival: Sudeep Shah
Sep 06, 2025, 04:03PM IST
Indian equity benchmarks closed the week positively due to strong economic data and policy reforms. Sudeep Shah of SBI Securities discussed the outlook for Nifty and Bank Nifty. Nifty faces resistance at 24950-25000 and support at 24550-24500. Bank Nifty is underperforming, with resistance at 54500-54600 and support at 53600-53500.
SBI customers alert: Internet banking, YONO and other services to face outage on September 7
Sep 06, 2025, 12:51PM IST
State Bank of India (SBI) has announced that its internet banking, YONO Lite, and related services will be temporarily unavailable on September 7, 2025, from 1:20 AM to 2:20 AM IST due to scheduled maintenance. During this period, UPI Lite and ATM services will remain operational. SBI advises customers to plan their online transactions accordingly to avoid any inconvenience.
BoB flags RCom loan accounts as fraud amid allegations of fund misuse
Sep 06, 2025, 07:25AM IST
Bank of Baroda has declared Reliance Communications' loan accounts, along with Anil Ambani, as fraudulent due to alleged fund misutilisation and improper transactions. This action follows similar declarations by SBI and Bank of India. Anil Ambani Group denies the allegations, asserting they will contest the claims in court, citing a consortium of 14 lenders and delayed proceedings.
GST reforms a growth trigger, dips offer opportunity, says Rahul Shah
Sep 05, 2025, 02:47PM IST
He noted that the downside in equities is likely to remain limited, with sentiment gradually improving across sectors. “The clear beneficiaries we saw in the initial round were consumer discretionary companies, FMCG, auto companies, and so on. My sense is we will continue to see more upside in the markets, and any decline in the near term would be a good opportunity to invest.”
GST reforms will cause Rs 3,700 crore revenue loss to govt: SBI report
Sep 05, 2025, 05:52PM IST
SBI's research indicates that GST reforms, including rate reductions, will result in a minimal revenue loss of Rs 3,700 crore, contrasting with the government's estimate of Rs 48,000 crore. The GST Council's move to a two-tier structure is expected to positively impact the banking sector through cost efficiencies.

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Difference Between Branch Code, IFSC Code and MICR Code

The branch code is a unique identifier that helps distinguish one branch of a bank from another within the same network. It is typically a combination of numbers or letters assigned to each branch to facilitate easy identification and communication within the banking system. This code is important for internal record-keeping, customer service, and other administrative purposes within the bank.
On the other hand, the IFSC (Indian Financial System Code) is a crucial code used for electronic fund transfers in India. It is an alphanumeric code that consists of 11 characters and is assigned by the Reserve Bank of India to each bank branch participating in the NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) systems. The IFSC code helps ensure accurate routing of funds between banks and branches, thereby minimizing errors and delays in transactions.
Additionally, the MICR (Magnetic Ink Character Recognition) code is a technology used for authenticating banks on documents like cheques. It consists of a unique combination of numbers and characters printed in magnetic ink at the bottom of cheques to facilitate automated processing.
The MICR code helps in identifying the bank and branch where the cheque is drawn, ensuring secure and efficient cheque processing.
In summary, while the branch code helps identify specific bank branches within a network, the IFSC code is essential for electronic fund transfers, and the MICR code plays a vital role in authenticating banks on cheques for efficient processing. Together, these codes play a crucial role in ensuring smooth and secure financial transactions within the banking system.