state bank of india - Latest News, Analysis, Opinion

At the standalone level, net income of State Bank of India (SBI) fell 40 per cent to Rs 944.9 crore from Rs 1,581.55 crore on the back of better asset quality

Indian Banks On Top Of Situation Over NPA Problem:SBI Chairman Rajnish Kumar

Kumar said that going by the initial results that have started coming in September, it seems that many banks are returning to profit

SBI Chief Sees Bad Loan Provision Falling After Two Quarters

SBI, which accounts for about a fifth of India's banking assets, saw its provisions for bad loans rising 7.5 per cent in the June quarter from a year earlier, pulling it to its third straight quarter of losses

SBI Mutual Fund Introduces Financial Calculators to Simplify Investing

FundGuru, an SBI Mutual Fund initiative, is dedicated to helping all investors - from the novice to the experienced

Banks Led By SBI Had Asked ArcelorMittal To Clear Dues Of 2 Firms: NuMetal To SC

NuMetal has claimed that a consortium of banks led by SBI had written to ArcelorMittal to pay the dues of 2 firms owing to its divesting its shares in the companies

Government Appoints MDs, CEOs In 10 Nationalised Banks, 5 From SBI

Approved by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi, 5 out of 10 appointed MDs and CEOs of state-owned banks are working as deputy MDs in SBI

SBI Denies Any Leniency On Its Part In Dealing With Fugitive Vijay Mallya Case

Denying any laxity on its part in dealing with the loan default by Vijay Mallya's now defunct Kingfisher Airline, SBI has said that rather it has been taking proactive measures to recover the defaulted amounts

Anshula Kant Appointed SBI Managing Director

The Appointments Committee of Cabinet approved the appointment of Anshula Kant as the Managing Director of SBI through an official order

SBI, ICICI Banks Raise Benchmark Lending Rate By Up To 0.2 Per Cent

Banking & Finance Regulations

The new lending rates are effective from yesterday and have increased from 7.9 per cent to 8.1 per cent by SBI and 0.15 per cent to 8.55 per cent by ICICI

SBI Changes Names, IFSC Codes Of Nearly 1,300 Branches Post Merger With 6 Associate Banks

The merger of six associate banks and Bhartiya Mahila Bank with State Bank of India came to effect from April 1, 2017, resulting into increase in size and valuation of the bank

Sudden Depreciation Or Appreciation Of Rupee Not Good: SBI

Companies & Markets Markets Stock Market

Rupee had experienced an orderly depreciation as it moved from Rs 64 to a dollar to Rs 70 over a span of five to six months

SBI Posts Third Straight Quarterly Loss, Bad Loan Ratio Improves

Indian banks have been plagued by record levels of non-performing loans over recent years, and held Rs 10.36 trillion in soured assets at the end of March, with state-run banks including SBI accounting for more than 86 per cent of the pile

State Bank Of India Jumps To 12-Week High On Recovery Forecast