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<strong>SBI</strong> Net Profit Falls 32 Percent In First Quarter

SBI Net Profit Falls 32 Percent In First Quarter

13 Aug 2016

Mumbai: India's largest public sector lender State Bank of India (SBI) on Friday reported a 32 percent fall in its standalone net profit to Rs 2,520.96 crore in the 2016-17 fiscal's first quarter ended June 30, compared with Rs 3,692.43 crore in the corresponding quarter last year.

SBI,   SBI net profit,   SBI profits,   SBI Q1 profits,   state bank of India,   SBI first quarter profits,   Business news,  
<strong>SBI</strong> launches debit card-less instant money transfer facility

SBI launches debit card-less instant money transfer facility

27 Jul 2016

Mumbai: State Bank on Monday launched a payment system at its ATMs which will allow the account holders transfer money using mobile phone number as identifier.

State Bank of India,   SBI debit card,   instant money transfer,   sbi atm money transfer,   IMT,   transfer money,   ,  
Fitch downgrades banking outlook to negative on high NPAs

Fitch downgrades banking outlook to negative on high NPAs

06 Jul 2016

Mumbai: Rating agency Fitch has downgraded the banking sector outlook to negative, from stable, due to more downside risks emanating from rising stressed loans and weak corporate earnings, which may further roil banks.

Fitch,   banking sector,   negative ranking,   NPA,   Rating agency,   banks,   latest Business News,  
<strong>SBI</strong> Q4 net down 66 percent on bad loans

SBI Q4 net down 66 percent on bad loans

28 May 2016

Kolkata: Weighed down by bad loans, top lender SBI saw 66.2 percent plunge in net profit to Rs 1,264 crore as it more than doubled the provision for stressed assets in the fourth quarter of last fiscal ended March 31.

SBI,   state bank of india,   SBI shares,   SBI profits,   bad loan,   business news,  
<strong>SBI</strong> to open 1,200 branches, 8 overseas offices next fiscal

SBI to open 1,200 branches, 8 overseas offices next fiscal

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.

State Bank of India,   SBI branches,   SBI opening branches,   SBI NPA,  
<strong>SBI</strong>, CaixaBank ink pact to fund Indo-Spanish JVs, local biz

SBI, CaixaBank ink pact to fund Indo-Spanish JVs, local biz

10 Jun 2016

New Delhi: SBI and Spain's CaixaBank have inked pact to provide loans to Indo-Spanish joint ventures and local enterprises here.

State Bank of India,   SBI Spain Based Bank Pact,   CaixaBank SBI Pact,   State Bank of India and CaixaBank Pact,   Latest Business News ,  
<strong>SBI</strong> associates' staff goes on strike against merger

SBI associates' staff goes on strike against merger

20 May 2016

Mumbai: Nearly 50,000 employees of five associate banks of State Bank of India have gone on a day-long nationwide strike today to protest the proposed merger with their parent bank.

SBI,   SBI employee,   SBI staff strike,   SBI merger,   Banks in India,   State Bank of Bikaner and Jaipur,   State Bank of Hyderabad,   State Bank of Mysore,   State Bank of Patiala and State Bank Of Travancore,   Business news,  
FM asks banks to focus on top defaulters to address rising bad loans

FM asks banks to focus on top defaulters to address rising bad loans

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.

Finance Minister,   P Chidambaram,   Bank NPAs,   Gross NPAs of PSUs,   Bank defaulters,   SBI NPA,  
Rajan meets top bankers, discusses <strong>NPA</strong> woes

Rajan meets top bankers, discusses NPA woes

15 Dec 2015

Mumbai: Days after the Reserve Bank set March 2017 as the deadline for lenders for cleaning up balance sheets, top bankers today met Governor Raghuram Rajan to discuss a way out of the asset quality woes.

Rajan meets bankers,   Rajan on NPA,   RBI,   Reserve Bank of India,   Raghuram Rajan,   Latest Business News ,  
Don't have any <strong>NPA</strong> in telecom sector, says <strong>SBI</strong>

Don't have any NPA in telecom sector, says SBI

14 Jun 2012

State Bank of India on Thursday said it does not have any non-performing asset (NPA) in the telecom sector as the loans were given to well known corporate houses against their group guarantees.

SBI NPA in telecom,   non performing asset in telecom sector,   SBI assets in telecom sector,  

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