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In 2013-14, the company had logged profit of Rs 7,825.13 crore.

MTNL mulls selling surplus land, buildings to pare debt

MTNL had a total debt of over Rs 19,000 crore at the end of December 31, 2016.

4 April 2017 5:22 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

Not cancelled unused credit lines to telecom sector: SBI

RBI recently asked banks to immediately review their exposure to the telecom sector, which has total debt of about Rs...

9 Jun 2017 2:44 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI files insolvency against Electrosteel at NCLT

The move comes amid SBI and other lenders starting insolvency proceedings against the 12 bad loan accounts identified by...

29 Jun 2017 2:57 PM IST

As the four occupants, including a woman, failed to give any satisfactory explanation about the source of cash in their possession, they have been detained, police said. (Photo: Representational Image)

Record low credit growth in FY 17 drops to 5.1 per cent

One-third of this massive contraction was led by just 10 companies, which cumulatively availed of Rs 33,571 crore less...

26 Jun 2017 6:59 PM IST

On Friday, the rupee had gained 6 paise to end at 67.01 due to fag-end dollar selling by banks.

FPIs' net inflow at Rs 16,500 crore in April so far

FPIs had pulled out more than Rs 80,000 crore between October 2016 to January 2017.

16 April 2017 12:19 PM IST

Mumbai police. (Photo: PTI/File)

Mumbai: Man commits suicide; makes it look like murder for kin to...

Kerala-based gold merchant made his suicide look like murder as he wanted his kin to claim the insurance amount of Rs 5...

9 Feb 2017 11:24 AM IST

However, a former executive director of Air India Jitender Bhargava said, it should not be sold cheaply.

Air India CMD: privatisation hasn't affected AI's growth plans

Air India chairman refused to comment on possibility of privatisation of Air India and Tata group buying a stake.

24 Jun 2017 8:28 PM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

IMF warns on brewing risks in China's financial system

China has largely relied on debt-fuelled investment and exports to drive its tremendous economic growth.

7 Dec 2017 12:03 PM IST

GDP stands for Gross Domestic Product.

'High growth, fiscal gains can improve India's debt to GDP'

India has seen its public debt-GDP ratio decline significantly in recent decades -- to about 70 per cent in 2016-17.

30 April 2017 2:08 PM IST