Company: State Bank of India

Though lack of credit demand exists in the economy, there is no supply-side constraint as the public sector banks are more or less well-capitalised, he said.
Aug. 19, 2019, 3:50 p.m.

The move comes in the wake of the ongoing strain in the auto sector. The sector has been facing a huge slowdown in demand owing to a variety of reasons.
Aug. 19, 2019, 10:29 a.m.

With todays cut in the Policy rate, SBIs effective Repo Linked Lending Rate (RLLR) for CC/ OD customers will stand revised to 7.65% w.e.f. September 01, 2019.
Aug. 7, 2019, 1:40 p.m.

SBI has invited bids for overseas oil and gas assets of Videocon Industries as govt seeks to recover billions of dollars in loans from the beleaguered private firm.SBI said it had appointed consultant Deloitte to find buyers for Videocon's exploration assets in Brazil and Indonesia.
Aug. 5, 2019, 6:58 p.m.

The gross non-performing asset ratio fell to 7.53 per cent of total advances for the current quarter, as against 10.69 per cent in the year-ago quarter
Aug. 2, 2019, 11:24 p.m.

SBI reports Q1 profit of Rs 2,312 crore, asset quality improves
Aug. 2, 2019, 5:44 p.m.

Higher non-interest income and lower provisions helped SBI return to profit.Provisions and contingencies dropped 51.54% from the year-earlier quarter
Aug. 2, 2019, 2:27 p.m.

Net interest income grew by 5.2 percent year-on-year to Rs 22,938.8 crore in June quarter 2019.
Aug. 2, 2019, 2:08 p.m.

Brokerages feel that with the expected fall in slippages, asset quality should improve.
Aug. 2, 2019, 10:23 a.m.

In the June quarter of FY19, the bank had reported a net loss for the third consecutive quarter.Brokerages expect a sharp earnings recovery for the bank
Aug. 2, 2019, 8:56 a.m.