State Bank Of India

RBI ombudsman gets most cases against SBI in North East

In 2012-13, RBI's banking ombudsman division received a total of 807 complaints from seven northeastern states.

Will gender bias decide the next chief of State Bank?

The next SBI Chairperson is most likely to be a woman, unless the finance ministry changes the rules to give another candidate an look-in

SBI results: Rising bad loans implies gloom for all public banks

Indian banks will also have to contend with rising interest rates and a likely increase in bad corporate loans after the Reserve Bank of India (RBI) introduced monetary tightening measures this quarter to bolster the rupee, which fell to a record low against the dollar last week.<br /><br />

SBI's asset quality disappoints, Q1 net profit falls 14% on rise in bad loans

State Bank of India (SBI), the country's largest lender, posted a second consecutive drop in quarterly net profit, missing estimates, on worsening asset quality, higher operating expenses and muted growth in interest income.<br /><br />

Kingfisher's Mumbai office to be auctioned as Mallya fails to pay dues

KFA House is the headquarters of the airline in Mumbai and the sale of the property will be used to repay loans of close to Rs 6,027.42 crore owed to SBI. SBICAP is yet to take possession of KFA Villa in Goa.

Is industry recovering? SBI, RIL pay higher advance tax in Q1

SBI and Reliance Industries, two of the highest tax payers in the financial capital, have showed increase in the first quarter advance tax outgoes.

SBI results confirm India Inc's bleeding; GDP will hit new low in 2013-14

When banks are under pressure, and the corporate sector is bleeding, a revival in GDP is simply untenable even with bountiful rains

SBI's Q4 profit falls to Rs 3299 cr, disappoints market

State Bank of India, the country's largest lender, posted its first quarterly net profit drop in two years, missing market estimates after being dragged down by lower interest income and higher provisions for loan losses.

No liquidity crunch despite RBI curbs: SBI

The central bank had on Monday announced many surprise measures to curb rupee volatility which fell to an all-time low of Rs 61.21 on 8 July against the US currency.<br /><br />

Overseas business margins under pressure: SBI

The bank did manage to cut down NPA levels during the quarter ended 31 March 2013, compared to the previous quarter.