05 Mar 2014
New Delhi: Concerned over rising non- performing assets, Finance Minister P Chidambaram on Wednesday asked public sector banks to focus on recovery of bad loans, which happen to be high among large corporate accounts.
03 Mar 2014
Tiruchirappalli: State Bank of India (SBI) Managing Director and Group Executive (National Banking), A Krishnakumar, has said the bank is taking initiatives to reduce bad loans, which have reached 5.73 percent.
19 Feb 2014
Hyderabad: State Bank of India (SBI), the country's largest lender, may go slow on recruitments during the next two to three years, a top bank official said here on Wednesday.
25 Feb 2014
New Delhi: Indian golf will cover new grounds across the length and breadth of the country in one of the strongest season this year, said PGTI director, Padamjit Sandhu on Monday.
14 Feb 2014
Mumbai: The State Bank of India (SBI) on Friday posted a fourth straight consecutive drop in net income as an increase in bad loans clipped profitability.
03 Jul 2013
Concerned over rising bad loans, Finance Minister P Chidambaram on Wednesday asked banks to focus on top defaulters and take action against them.
17 Mar 2013
State Bank of India (SBI) plans to open about 1,200 branches in the country and another eight branch offices overseas, including China and the UK, in the next fiscal.
24 Jan 2014
Mumbai: SBI strengthened its social media presence with the launch of its channel on popular video sharing website YouTube and said it will also be launching its handle on the micro-blogging site Twitter soon.
04 Feb 2014
Mumbai: After the January 28 rate hike by the Reserve Bank, private sector lender Kotak Mahindra Bank took the lead over its larger peers by raising deposit rates by 25 basis points on select maturities, effective February 6.
16 Jan 2014
New Delhi: The Reserve Bank of India may keep interest rates "steady" in its monetary policy review later this month and a rate cut is likely only in the next financial year, according to an SBI research report.