State Bank of India (SBI.BO)
6 May 2016
* Says 1-year marginal cost based lending rate at 9.15 percent
MUMBAI, April 18 State Bank of India, the country's top lender, has been asked by the central bank to provide for losses on food grain-related loans issued to the government of the northern state of Punjab, chairman Arundhati Bhattacharya said on Monday.
MUMBAI State Bank of India, the nation's top lender by assets, on Thursday set lending rates under new rules that are aimed at improving transmission of policy rate cuts and also making bank loans more competitive.
MUMBAI, March 31 State Bank of India, the nation's top lender by assets, on Thursday set lending rates under new rules that are aimed at improving tranmission of policy rate cuts and also making bank loans more competitive.
MUMBAI State Bank of India (SBI), the nation's top lender by assets, reported its biggest fall in quarterly profit in nearly five years as bad loan provisions jumped after a central bank drive to clean up bad debts in India's banking industry.
* Indian banks treating more loans as bad in regulatory drive (Adds management comments)
* Exec says bad loan additions in Q3 at 206.92 billion rupees
MUMBAI, Feb 11 Indian shares slumped more than 2 percent on Thursday to their lowest since May 2014 and headed for a fourth consecutive session of losses after Fed chair Janet Yellen kept options open for more U.S. rate hikes while State Bank of India fell after posting disappointing earnings.
MUMBAI, Feb 11 State Bank of India, the nation's top lender by assets, reported a 62 percent fall in quarterly profit although its bad loans rose less than expected.
BENGALURU State Bank of India, the nation's top lender by assets, has launched a new wealth management services unit, and branches to cater to start-ups, as competition with private sector rivals is rising and as its core business is seeing sluggish growth.