SBI Cards has recorded a sharp deterioration in asset quality as the Covid-19 pandemic hit the repayment capacity of some of its customers. The SBI subsidiary saw its gross non-performing assets (NPA...

The new State Bank of India (SBI) chairman Dinesh Kumar Khara on Wednesday indicated that the stress on its books because of Covid-19 was within “manageable limits” even as the lender has ...

The Jamshedpur cyber cell officials on Sunday ordered a manhunt for a gang of cyber criminals. They have allegedly used fraudulent means to siphon off Rs 3.44 lakh from the bank account of a retired g...

Real GDP in the current fiscal is likely to shrink 10.9 per cent, State Bank of India’s research report – Ecowrap — has calculated after the country’s economy contracted a reco...

NTPC will seek shareholders’ nod to raise up to Rs 15,000 crore through issuance of bonds in the annual general meeting scheduled for  for September 24. The funds are proposed to be raised ...

States can consider three options to enable them to tide themselves over the deficit caused by the shortfall in GST revenues. According to a report from the economic research wing of the SBI, one opt...

The country’s largest lender SBI on Friday said its board has approved a proposal to raise Rs 8,931 crore by issuing Basel III compliant bonds to investors. The committee of directors for capit...

The National Company Law Tribunal (NCLT) on Friday set the stage for insolvency proceedings against Reliance Communications chairman Anil Ambani after it appointed a resolution professional to recover...

The issue has become complicated after Salve argued last week on behalf of the committee of creditors that the IBC resolution process gives primacy to the claims of financial creditors -- which means ...

State Bank of India (SBI) on Friday beat analyst estimates by posting an 81 per cent growth in net profits for the quarter ended June 30 with the bottomline getting a boost from a stake sale in its li...