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State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)

CBI files case against Kanishk Gold for cheating SBI, 13 banks of Rs...

The case has been registered by the CBI on a complaint from the SBI on behalf of the 14-bank consortium, officials said.

21 March 2018 9:17 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

GAIL signs Rs 2,000 cr loan agreement with SBI

The loan is for a 15-year tenure, the company said in a statement without saying what interest rate it would pay on the...

1 May 2018 6:04 PM IST

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

Iran oil payment route to be blocked from November 3

SBI, the country's largest lender, has communicated to oil refiners that the euro payment route will be not available...

15 Jun 2018 3:18 PM IST

Microsoft will work on the centers data infrastructure and cloud resources. (Representative Image: Pexels)

India has just a decade to become a developed nation, says SBI

The report said the government and policymakers will have to focus on the young people to ensure they become good...

13 Jun 2018 6:15 PM IST

State Bank of India

SBI to auction 12 bad accounts this month to recover over Rs 1325 cr

The lender's gross non-performing assets or bad loans as on March 31, 2018, reached Rs 2.23 lakh crore.

10 Jun 2018 12:58 PM IST

Madras High Court (Photo: PTI)

Better to reject loan than running after defaulters: Madras HC

The judge said in this case SBI was right in rejecting the petitioner's loan application as petitioner's father was a...

29 Jun 2018 8:41 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Banks ratings under scanner

Fitch noted that losses were big enough to wipe off the $13b fund infused in FY18.

2 Jun 2018 12:38 AM IST

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

Electrosteel allots shares worth Rs 7,400 crore to lenders

The company had yesterday spelled out steps to be taken for completion of its takeover by Vedanta Star Ltd.

6 Jun 2018 1:50 PM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

Govt plans merger of four public sector banks to overcome losses

Asset quality of the bank worsened as gross non-performing assets or bad loans surged.

4 Jun 2018 2:09 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI to modify rules for startup investments

At present, the entire bank runs from its global technology centre at Belapur in Navi Mumbai.

3 Jun 2018 6:08 PM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

SBI, Jio extends partnership to digital payments area

SBI and Jio has a joint venture for payment bank- Jio Payments Bank.

2 Aug 2018 7:49 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

NHAI to ink MoU with State Bank of India for Rs 25,000 crore loan

This is SBI's highest long-term unsecured loan to any entity and also the largest ever loan sanctioned to NHAI.

2 Aug 2018 5:17 PM IST