Already reeling under huge stressed assets like other banks, he said things would become better
The second quarter would also not give a good news for the Modi government
The bank has waived the entire processing fee on car loans till December 31, 2017
SBI recently sprang a surprise by reporting a sharp rise in retail loan slippages in the Q1 FY17
The SBI Foundation will identify and partner with NGOs to carry out CSR initiatives
Higher slippages from retail, SME and agri portfolios disappoint Street
Bonds will carry a coupon rate of 8.15% pa call option after 5 yrs or anniversary date thereafter
This was followed by the merger of five associates with parent SBI
Additionally, bank has also waived charges for fund transfer of upto Rs 1,000 done through IMPS
Price to be fixed after talks with SBI Life, BNP Paribas Cardiff and lead managers
SBI Savings Account: Pay more for ATM withdrawal, cheque books, Buddy app
SBI is in process of integrating merged entities' operations with its own to leverage cost
Reserve Bank of India had recently asked banks to review their exposure to the debt-ridden sector
SBI seeks capital to bolster loan growth after reporting fourth-quarter profit more than doubled
Applications were supposed to close today; elections for the posts to take place on June 15
Standalone numbers were good on most fronts
Bank had registered a standalone net profit of Rs 1,263 crore in the same period a year ago
The stock moved higher by 3.6% to Rs 314, its highest level since March 4, 2015 on BSE.
the charge of Rs 25 is applicable only for withdrawals from SBI Buddy through ATMs.
Bank plans to appoint 6 merchant banker to manage the issue