Saturday, Dec 05, 2020 | Last Update : 01:03 AM IST

State Bank of India

India's largest bank SBI net profit up 81% to ₹4,189 crore in Q1

Its gross non-performing assets (NPA) of the total advances declined to 5.44 per cent at June-end, over 7.53 per cent at June-end last year

31 Jul 2020 3:19 PM

SBI to invest Rs 1760 crore in Yes Bank

In March this year, SBI board had approved an investment of Rs 72.50 billion into the troubled lender Yes Bank.

09 Jul 2020 8:54 AM

Rs 411 crore loan fraud: After defaulters flee India, SBI complains to CBI

Besides SBI, other members of consortium are Canara Bank, Union Bank of India, IDBI, Central Bank of India and Corporation Bank

10 May 2020 8:44 AM

SBI cuts rates, says more next time

SBI announced a reduction in its MCLR by 5 basis points across all tenors while BOI cut MCLR by 10 basis points for maturities up to six months.

08 Feb 2020 3:14 AM

SBI under-reported close to Rs 12,000 crore bad loans

The bank had provided Rs 1.06 lakh crore for the bad loans but the provisions for the NPAs as assessed by the RBI was Rs 1.18 lakh crore.

11 Dec 2019 1:31 AM

ADVERTISEMENT

SBI, DBS signal growth rate set to dip further

The SBI research report was, however, hopeful that the economic growth rate will pick up pace in 2020-21 to 6.2 per cent.

13 Nov 2019 3:29 AM

SBI surprises with robust Q2 earnings

Asset quality improved sequentially as well as year-on-year.

26 Oct 2019 1:25 AM

Indian economy in transition phase, growth to come back: SBI Chairman

Growth can come back. Because of a lot of (reforms), economy is in transition, said SBI chief Rajnish Kumar.

24 Oct 2019 12:36 PM

SBI re-enters top-10 most valued firms list; replaces Bajaj Finance

The bank had on October 1 lost its spot to Bajaj Finance in the coveted club of top-10 most valued domestic companies.

14 Oct 2019 9:54 PM

DHFL lenders led by SBI expected to complete debt resolution plan quickly

DHFL said, the company, in the past 12 months has repaid obligations of nearly Rs 45,000 crore.

29 Sep 2019 6:14 PM

ADVERTISEMENT

SBI daily ATM cash withdrawal limit for different debit cards

SBI customers can withdraw cash from ATMs for 8-10 times without any charges.

24 Sep 2019 1:04 PM

SBI to link all new floating loans to repo

The bank will also voluntarily extend benchmark-based lending to medium enterprises to boost lending to the MSME sector as a whole.

24 Sep 2019 1:43 AM

SBI shelves IPO plans for general insurance arm; card JV to hit market in Q4

Investor interest for cards business is very high, and SBI Card listing will happen in March quarter, said SBI chairman Rajnish Kumar.

15 Sep 2019 6:40 PM

Six of 10 most valued cos add Rs 50,580 cr in m-cap; SBI, ICICI Bank lead

RIL, HDFC Bank, HDFC and Kotak Mahindra Bank were the other winners in terms of market valuation.

15 Sep 2019 11:19 AM

SBI Cards says IPO process initiated, decision on timing to hit mkt soon

State Bank of India (SBI) holds 74 per cent stake in the SBI Card and the rest is held by Carlyle Group.

02 Sep 2019 8:03 PM

ADVERTISEMENT

Link bulk deposits to repo for effective transmission of interest rates: SBI report

A dozen public sector banks, including State Bank of India, have voluntarily linked their interest rates to repo.

21 Aug 2019 11:31 AM

SBI announces home, auto loans at cheaper rates during festival season

Customers can avail the cheaper loans with added benefits such as waiver in processing fees among others.

20 Aug 2019 3:19 PM

Time has come for banks to link loans, deposits to repo rate: RBI Gov Das

SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks followed.

19 Aug 2019 12:40 PM

Credit demand subdued, economy needs stimulus: SBI Chairman

Though lack of credit demand exists in the economy, there is no supply-side constraint said SBI Chairman Rajnish Kumar.

18 Aug 2019 5:50 PM

SBI seeks bids for Videocon's overseas oil, gas assets

SBI said it had appointed consultant Deloitte to find buyers for Videocon’s exploration assets in Brazil and Indonesia.

05 Aug 2019 12:57 PM

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT