State Bank of India (SBI) on Friday reported better-than-expected numbers for the December quarter because of a fall in provisions for bad loans, while asset quality also showed an improvement.The cou...

In a late-evening statement, the lender said savings bank deposits with balances of over Rs one lakh will be linked to the repo rate. It currently offers an interest rate of 3.50 per cent on such depo...

State Bank of India (SBI) chairman Rajnish Kumar on Thursday said “some solutions will emerge” to stabilise Yes Bank, which has been facing difficulties in raising capital.Kumar’s comments come ...

To recover its loans from Jet Airways, state-run lender SBI is considering moving the National Company Law Tribunal (NCLT) as it feels the airline is running out of funds for operations even as share...

Lenders of Asian Colour Coated Ispat Ltd (ACCIL) have approved the JSW group’s Rs 1,550-crore bid to acquire the debt-ridden steel firm, sources said. ACCIL went into insolvency in July last year af...

Lenders led by the State Bank of India (SBI) on Monday finally decided to start bankruptcy proceedings against Jet Airways as their last attempt to find a resolution for the grounded carrier, which o...

State Bank of India (SBI) chairman Rajnish Kumar on Saturday said the total investment by the PSU lender in Yes Bank will not exceed Rs 10,000 crore even as it has received queries from multiple inves...

State Bank of India (SBI), the country's largest lender, on Thursday said it is witnessing a lack of demand for corporate loans, a category where growth is also 'muted'.Retail lending, however, is gro...

Market benchmark BSE Sensex tumbled 336 points on Friday as investors turned jittery ahead of GDP data release, snapping its two-day record-setting streak.After plummeting 466 points during the sessio...

The State Bank of India may end up owning 15 per cent of Jet Airways if the cash-strapped airline’s plan to convert debt into equity is approved by its shareholders.The full service carrier will be ...