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SBI breaks bad loan jinx, but keep a watch on restructured loans

May 22, 2015

SBI breaks bad loan jinx, but keep a watch on restructured loans

SBI chairperson Arundhati Bhattacharya admitted that there was a rush to recast loans in the March quarter as the regulatory forbearance on restructured loans came to an end. #SBI #CompanyWatch #NPA #Punjab National Bank #Corporate Debt Restructuring #Arundhati Bhattacharya #Restructured loan
Improved asset quality pushes SBI net profit up 23% to Rs 3,742 cr in Q4

May 22, 2015

Improved asset quality pushes SBI net profit up 23% to Rs 3,742 cr in Q4

During the quarter, total provisioning and contingencies of the bank were high at Rs 6,592.91 crore from Rs 5,891.12 crore a year ago. #SBI #BSE #EarningsShow #NPAs
Sensex extends rally, surges above 28,000 amid gains in SBI, HDFC

May 22, 2015

Sensex extends rally, surges above 28,000 amid gains in SBI, HDFC

Extending the rally further amid strong gains in several frontline stocks, the benchmark BSE Sensex breached the 28,000-mark in the noon trade. #Sensex #TCS #SBI #HDFC #BSE #PSU
After deal with Amazon and Paypal, SBI plans big digital push to reach customers

May 22, 2015

After deal with Amazon and Paypal, SBI plans big digital push to reach customers

BCs to be trained in revamped retail model; power, construction, mining still need hand-holding, says chairman Arundhati Bhattacharya #SBI #Digital banking #capital infusion #Arundhati Bhattacharya #capital raising
Sensex ends flat, market cautious on Q4 earning numbers

May 21, 2015

Sensex ends flat, market cautious on Q4 earning numbers

Total market breadth turned negative as 1,507 stocks closed lower, 1,184 finished higher and 130 ruled steady. #Sensex #ICICI Bank #State Bank of India #SBI #HDFC #Vedanta #BSE #Cipla #Maruti Suzuki #ITC #MarketClose

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Why should finance minister put fresh equity in SBI?

Oct 07, 2011

Why should finance minister put fresh equity in SBI?

Government-owned banks like SBI should not think it is their right to equity when they need it. They need to do more to plough back retained earnings. #SBI #HDFC Bank #To The Contrary #Bank of Baroda #NotJobsButPassion
Who did SBI in? Govt must look in the mirror for answer

Oct 05, 2011

Who did SBI in? Govt must look in the mirror for answer

Instead of decrying Moody's downgrade of State Bank of India and India, the government should look for a different villain - and look in the mirror #State Bank of India #SBI #Moody's #Downgrade #PIIGS #Crying Wolf