Its gross non-performing assets (NPA) of the total advances declined to 5.44 per cent at June-end, over 7.53 per cent at June-end last year
31 Jul 2020 3:19 PM
During the quarter, standalone profit also came down by 10% to Rs 1,267 crore as compared to Rs 1,408 crore in the same period a year ago
13 May 2020 3:33 PM
Many defaulters argued their default was predicated on the frequent changes in government policy or the regulators' delay in taking decisions.
04 Apr 2019 12:01 AM
GNPAs and NNPAs of PSBs is likely to decline to 8.1-8.4 per cent and 3.5-3.6 per cent by March 2020.
15 Mar 2019 10:27 AM
The RBI has noted that the banks’ gross NPAs have already crossed the Rs 10 lakh crore mark last fiscal.
30 Jun 2018 5:16 AM
The Parliamentary Standing Committee on Finance has called the Indian Banks' Association officials to appear before it on Monday.
03 Jun 2018 9:13 PM
PNB has invited applications for empanelment of detective agencies to locate its untraceable borrowers.
25 Apr 2018 3:53 PM
Govt has pledged Rs 2.11 lakh crore recapitalisation plan for state-owned banks over next two years.
25 Oct 2017 1:50 PM
Agency says India must tackle coporate and banking sector bad loans and initiate labour reforms.
14 Oct 2017 10:11 AM
Report says stubborn bad debt problem has eaten into bank profits and choked off new lending.
11 Oct 2017 10:27 AM
In July, central bank had sigled out 12 large companies that account for 25 per cent of total NPAs.
08 Sep 2017 11:30 AM
Essar Steel, Bhushan Steel, Monnet Ispat, Electrosteel Steel and JSPL -- are seen to have the maximum NPA problems.
24 Aug 2017 7:45 PM
Consolidated bad loans or non-performing assets of these banks stand at Rs 8-11 lakh crore.
23 Aug 2017 3:52 PM
This is the first quarterly result from SBI after merging with five of its associate banks with it from April 1, 2017.
12 Aug 2017 3:47 AM
Study suggests banks to increase provisioning by 25 per cent.
27 Jun 2017 4:15 AM
The RBI over a fortnight back referred the 12 largest bad loans for resolution under the Insolvency and Bankruptcy Code 2016.
26 Jun 2017 5:14 PM
Each of them has over Rs 5,000 crore of outstanding loans, accounting for 25 per cent of total NPAs of banks.
14 Jun 2017 8:55 AM
Meet assumes significance as it will be first after promulgation of ordinance amending Banking Regulation Act, 1949, last month.
09 Jun 2017 4:12 PM
SBI, India's biggest lender by assets, has shortlisted six banks to manage share sale.
03 Jun 2017 11:12 AM
Only two weeks ago, government gave central bank greater power to tame bad loans.
23 May 2017 10:44 AM