State Bank Of India | The Asian Age

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The provisions set aside for bad loans stood at Rs 12,125.26 crore, up 10.30 per cent on a sequential basis and 91 per cent higher when compared to the same period last year.

NPAs eat into SBI’s profit after merger

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

SBI is India's largest public sector lender. (Photo: PTI)

SBI post-merger Q1 net jumps 3-fold to Rs 3,105 crore

SBI had reported a net profit of Rs 867.32 crore in the same quarter of last fiscal.

11 Aug 2017 3:05 PM

SBI had introduced new system of assessment for the MSMEs across the country.

Rising NPAs in MSME sector in West Bengal worrisome: SBI

Till March 2017 SBI accounted for 33 per cent of all the MSME advances made in the state.

10 Aug 2017 4:09 PM

State Bank of India is country's largest lender.

SBI revises IMPS charges, scraps fee for Rs 1,000 transaction

Country's largest public sector bank says move aims to promote small ticket transactions.

08 Aug 2017 2:52 PM

Interestingly, amounts in thousands have been withdrawn from their salary accounts on the day salaries are credited or on the adjoining dates thereafter. (Representational image)

Hackers steal salary of CISF staff

Money debited from accounts of several personnel, FIR registered.

04 Aug 2017 2:06 AM

SBI slashes interest rates on savings

As per a SBI official, about 90% of the savings account holders falls under the less than Rs 1 crore bracket.

01 Aug 2017 12:59 AM

The SBI stock rallied 4.71 per cent to Rs 313.30 on BSE. (Photo: PTI)

SBI up 5 pc as it cuts interest rate on savings account deposits

Rate cut by SBI on savings bank account is a strategic move by the bank aimed at increasing profits.

31 Jul 2017 2:55 PM

A combined 5,076 cases of active banking frauds causing losses of Rs 16,78,853 lakh were reported by 76 banks during 2016-17.

76 banks report 5,076 cases of bank fraud causing Rs 16,78,853 lakh loss

ICICI Bank reported 688 cases causing loss of Rs 36,844 lakh.

25 Jul 2017 8:21 PM

The data for June 23, 2017 shows cash in hand with banks declining to 5.4 per cent of the currency in circulation from a high of 23.19 per cent for the fortnight ended November 25 2016, it said.

Rs 200 note will ease notes shortage: SBI

Cash with banks, a CIC component, has however witnessed a decline over November 2016 level, said the State Bank of India Ecowrap report.

24 Jul 2017 6:18 AM

SBI is country's largest public sector lender.

These are SBI's revised IMPS transfer charges

Largest public sector lender has waived funds transfer charges for an IMPS of Rs 1,000.

15 Jul 2017 11:26 AM

Govt to push Banking Regulation Bill in Monsoon Session

Govt also working on Banning of Unregulated Deposit Schemes and Protection of Depositors Interests Bill.

11 Jul 2017 4:55 PM

The building also houses a mini-museum at the main reception area of the bank highlighting these little known facts

Heritage SBI Chandni Chowk building stands tall in changing times

Set up in 1806, the 80-feet high colonial building is the oldest branch of the SBI, and one of the largest in the country even today.

10 Jul 2017 1:53 AM

SBI now has the lowest interest rate on one-year deposits. (Representational Image)

What SBI interest rate-cut to 6.75 per cent means for your deposits

SBI's deposit rate is currently the lowest in the Indian banking sector for one-year deposits up to Rs 1 crore.

05 Jul 2017 1:06 PM

Banks will have to increase provisioning by another 25 per cent or Rs 40,000 core more this fiscal.

12 large NPAs: SBI chief rules out big hit on bottomlines

Total NPA provisioning of banks stood at Rs 2.2 trillion as of FY17, up from Rs 2 trillion in FY16.

28 Jun 2017 9:33 AM

SBI's tier 1 equity ratio will be about 10.1 per cent at the end of March 2018 and 9.5 per cent at the end of March 2019.

QIP credit positive for SBI, removes dependence on govt: Moody's

SBI's risk-weighted assets are expected to grow by 15 per cent in 2017-18 and 2018-19, in line with 2016-17.

12 Jun 2017 10:50 AM

Note ban will continue to impact economy, biz: SBI

Country's largest lender is selling its H15,000 crore shares through private placement or QIPs.

12 Jun 2017 9:14 AM

Addressing the media, SBI chairperson Arundhati Bhattacharya said that the bank’s key capital ratios would increase by 79 basis points with its capital-to-risk weighted assets ratio expected to climb to 13.64 per cent and common equity Tier 1 likely to rise to 10.2 per cent.

SBI raises Rs 15,000cr via stake sale to institutions

The proceeds of the issue would be used for shoring up its capital adequacy ratio and for general corporate purposes.

10 Jun 2017 4:02 AM

SBI had reduced its interest rates by 25 basis points.

SBI cuts interest on home loans above Rs 75 lakh

For the salaried woman, the new rate will be 8.55 per cent while for others, it is 8.60 per cent.

09 Jun 2017 6:40 PM

Telecom companies including Airtel, Vodafone and Reliance Jio have, separately, denied cancellation of existing line of credit by any bank.

Not cancelled unused credit lines to telecom sector: SBI

RBI recently asked banks to immediately review their exposure to the telecom sector, which has total debt of about Rs 4.6 lakh crore.

09 Jun 2017 2:44 PM

SBI to sell shares to institutional investors

SBI's share sale comes as Indian banks face raising billions of dollars in new capital by March 2019 to meet global Basel III banking rules

05 Jun 2017 6:48 PM

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Dilip Cherian