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Very happy with UK court order, hope to recover major part of our...

SBI is the leader of consortium of 13 banks that lent money to Vijay Mallya's now defunct Kingfisher Airlines.

6 July 2018 3:44 PM IST

State Bank of India

Arijit Basu takes charge as Managing Director of SBI

During his tenure, the company successfully listed on the Stock Exchanges in October, 2017.

2 July 2018 3:50 PM IST

State Bank of India

SBI surprises with robust Q2 earnings

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

26 Oct 2019 1:25 AM IST

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 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 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 IST

Indian economic growth has steadily slowed to a six-year low of 5.0 per cent in the April-June quarter from an 8.1 per cent peak in the January-March quarter of 2018.

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...

13 Nov 2019 3:29 AM IST

The countrys largest lender, State Bank of India (SBI), on Tuesday disclosed that the central banks inspection has found that it had under-reported bad loans by Rs 11,932 crore in 2018-19.

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...

11 Dec 2019 1:31 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways, bankers to meet airline's vendors to discuss debt plan:...

Jet Airways is close to reaching a deal with State Bank of India for a fresh loan of 15 billion rupees.

5 Jan 2019 10:37 AM 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 writes of Rs 10,000 as bad loans; 19 PSBs totalling Rs 41,000 as...

The banks had written off loans valuing just Rs 33,259 crore in Q2FY19, hopping 24 per cent y-o-y.

20 Feb 2019 4:20 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

SBI takes work-life balance to a new high cutting mechanical lives in...

The programme, christened Nayi Disha or the new path, focuses on work-life balance and also involves the staffs...

17 Feb 2019 11:07 AM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.

SBI cuts home loan rates by 5 basis points

One basis point is one hundredth of a percentage point.

9 Feb 2019 2:15 AM IST

No incidents of security breach reported, says SBI chief

On the bank's digital push, the chairman said, some 85 per cent of its entire transactions take place outside branches.

5 Feb 2019 10:37 AM IST