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SBI
Business: SBI complains to CBI after Rs 411 crore loan defaulter flee country

Three promoters of Ram Dev International, recently booked by the CBI for allegedly cheating a consortium of six banks to the tune of Rs 411 crore, hav...
Bank Crisis: SBI gets approval to invest Rs 7,250 cr in Yes Bank

The country's largest lender State Bank of India on Thursday said it has received approval to buy Rs 7,250 crore worth of shares in crisis-hit Yes Ban...
Business: SBI team working on Yes Bank rescue plan, depositors' money safe, says Chairman Kumar

State Bank of India's legal team has started due diligence as the public sector lender prepares to infuse Rs 2,450 crore to pick 49 per cent stake in...
SBI has shown interest in investing in Yes Bank: RBI

The RBI on Friday said the State Bank of India (SBI) has expressed willingness to invest in crisis-ridden Yes Bank.
Currency notes burnt in ATM fire in UP's Muzaffarnagar

Around Rs 6 lakh worth currency notes are feared burnt after a fire broke out apparently due to a short circuit in an SBI ATM in a village.
In a big relief to exporters, SBI withdraws e-BRC charges

In what can be termed as a major relief to exporters, the State Bank of India (SBI) has decided to withdraw charges levied on the issuance of Bank Rea...
Business: GNPA, NPA expected to come down by March 31: SBI Chairman

State Bank of India (SBI) Chairman Rajnish Kumar on Sunday said that the gross non-performing assets (GNPA) and non-performing assets (NPA) of all the...
Vistara, SBI launch co-branded credit card

The State Bank of India (SBI) and full-service carrier Vistara on Tuesday launched a premium, co-branded credit card, which lets users avail benefits...
SBI Q2 profit surges six-fold to Rs 3,375 crore

The country's largest lender SBI on Friday reported a nearly six-fold jump in its consolidated net profit to Rs 3,375.40 crore for the second quarter...
SBI lowers rates on non-repo-linked loans by 10 bps

State Bank of India on Wednesday announced reduction in its marginal cost of fund based lending rate by 10 basis points across all tenors, effective O...
SBI reduces MCLR and interest rates on time deposits across all maturities

State Bank of India (SBI) on Monday reduced the MCLR and interest rates on time deposits across all maturities.
SBI cuts interest rates on fixed deposits up to 0.5%

The country's largest lender State Bank of India on Friday slashed interest rates on fixed deposits across various tenure by up to 0.5 percentage poin...
Anshula Kant appointed MD, CFO of World Bank Group

Anshula Kant, managing director of the State Bank Of India, has been appointed as managing director and chief financial officer of the World Bank, its...
SBI reports net profit of Rs 838 cr in Mar 2019 quarter; trims bad loan ratio

Country's largest lender SBI Friday said it has reported net profit of Rs 838.40 crore in fourth quarter of 2018-19 fiscal on a standalone basis as no...
Mallya asks SBI to disclose 'legal fees' spent to recover funds

Fugitive businessman Vijay Mallya on Friday urged Indian media to file an RTI against the State Bank of India (SBI) to ascertain how much money it has...
SBI seeks bids for cash-strapped Jet Airways

State Bank of India on Monday invited bids for stake sale in ailing Jet Airways.
SBI vows to become plastic free organisation in one year

State Bank of India on the occasion of Mahatma Gandhi's birth anniversary pledged to become a plastic-free organisation in the next 12 months as part...
SBI posts Q1 loss of Rs 4,876 cr as bad loans rise

The country's largest lender SBI today reported a hefty loss of Rs 4,876 crore for the June quarter due to higher bad loans.

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