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The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI cuts term deposit rates by 50 basis points

Retail term deposit with tenure of 5-10 years has also seen a 25 basis point reduction in interest rates.

2 May 2017 6:09 AM IST

Economic survey 2016-17 has proposed the creation of a public sector asset rehabilitation agency (PARA) to resolve such large and complex cases.

Large write-offs needed to restore India Inc's viability

Some of the obstacles currently plaguing loan resolution according to the survey is viability issues.

1 Feb 2017 3:42 AM IST