State Bank of India (SBI.NS)
27 Nov 2015
Ignore the alert "EGM of shareholders on Dec 21 to approve allotment of equity shares under preferential allotment" as it was inadvertently coded to State Bank of India, an unrelated company.
MUMBAI State Bank of India, India's largest lender, beat expectations with a 25 percent rise in quarterly profit on Friday and a drop in its closely monitored bad debt ratio, predicting an improvement ahead.
* Bank of Baroda net profit hit by spike in bad loans (Adds quotes)
* Chief says loan refinancing worth 39.16 billion rupees done under 5/25 scheme in Q2
MUMBAI, Nov 6 State Bank of India, the nation's top lender by assets, reported a better-than-expected 25 percent increase in quarterly profit on the back of higher interest income and a drop in bad loans, driving its shares up over 4 percent.
Sept 30 The alerts on Bank of India getting members' approval for issue of shares were inadvertently coded to State Bank of India, an unrelated company.
MUMBAI, Aug 31 India's central bank listed State Bank of India and ICICI Bank as the country's two "systemically important banks", lining them up for tougher supervision to avoid collapses that would rattle the financial system and economy.
* Says to issue preferential shares to government worth up to 53.93 billion Indian rupees ($816.41 million) Source text for Eikon: http://bit.ly/1V79t4g Further company coverage: ($1 = 66.0576 Indian rupees)
MUMBAI State Bank of India (SBI) expects pressure from struggling borrowers to ease as the economy recovers after the strain on India's smaller firms pushed its bad debts higher in the three months to June.