Banks need additional $70bn to support $5-tn economy: SBI chairman

Banks need additional $70bn to support $5-tn economy: SBI chairman

Though well-capitalised, the banking system will require fresh capital of $70 billion to support Ind..

SBI’s massive bad-loan cleanup paved way for record profits

SBI’s massive bad-loan cleanup paved way for record profits

The State Bank of India’s string of record quarterly profits has come after a massive clean-up of ba..

SBI dual lists $650-mn green bonds

SBI dual lists $650-mn green bonds

State Bank of India (SBI) has listed its $650-million green bonds simultaneously on the India Intern..

SBI Q2 net up 67% at Rs 7,627 cr

SBI Q2 net up 67% at Rs 7,627 cr

State Bank of India (SBI) reported its highest-ever quarterly profit despite a one-time loss of Rs 7..

IBA to take up former SBI chairman’s arrest with govt

IBA to take up former SBI chairman’s arrest with govt

The banking community is mobilising the Indian Banks’ Association (IBA) to take up with the governme..

Former SBI chairman arrested in loan scam case

Former SBI chairman arrested in loan scam case

Former State Bank of India (SBI) chairman Pratip Chaudhuri  was arrested from his home in Delhi..

RBI imposes Rs 1 cr fine on SBI for non-compliance

RBI imposes Rs 1 cr fine on SBI for non-compliance

The Reserve Bank of India (RBI) on Monday slapped a penalty of Rs 1 crore on the State Bank of India..

India needs 4-5 more SBI sized big banks: FM Nirmala Sitharaman

India needs 4-5 more SBI sized big banks: FM Nirmala Sitharaman

The coronavirus pandemic has only accelerated India’s need to have 4-5 more SBI sized banks, Finance..

SBI Card looks to sell Rs 200 cr of bad loans to ARCs in Q2

SBI Card looks to sell Rs 200 cr of bad loans to ARCs in Q2

SBI Cards & Payment Services (SBI Card), India’s only listed pure-play credit card company, is s..

HSBC Asia appoints former SBI chairman as director

HSBC Asia appoints former SBI chairman as director

Banking major HSBC has appointed former SBI chairman Rajnish Kumar as a non-executive director for i..

SBI offers overseas study loan of up to Rs 1.5 cr

SBI offers overseas study loan of up to Rs 1.5 cr

State Bank of India on Monday announced an overseas loan exclusively for students who want to pursue..

SBI looks to grow gold loan book to Rs 1 lakh cr in a year

SBI looks to grow gold loan book to Rs 1 lakh cr in a year

State Bank of India, the country’s largest lender with an asset size of over Rs 25 lakh crore, is lo..

SBI starts making loan recovery calls

SBI starts making loan recovery calls

India’s largest lender State Bank of India (SBI) will start making recovery calls from Friday as a s..

SBI reports record quarterly profit, net at Rs 6,504 cr

SBI reports record quarterly profit, net at Rs 6,504 cr

State Bank of India (SBI) reported its highest quarterly net profit, seeing a 55% surge in the June ..

SBI waives processing fees on home loans till 31 Aug

SBI waives processing fees on home loans till 31 Aug

State Bank of India (SBI) has waived the processing fees on home loans till 31 August.Currently, the..