SBI declares war on NPAs as bad loans spurt

Faced with rising bad loan problems, the country's largest lender State Bank Friday announced a new roadmap which will limit slippages and also give early warning on stressed assets.

SBI signs MoU with Spanish bank

This agreement will also benefits BBVA, since it would be able to access more broadly the Indian market hand in hand with State Bank of India, it added.

SBI board discusses NPA issue

A couple of days after the SBI Chairman hinted at a drastic reduction in bad loans, the board of the Government-run lender today discussed the issue of NPAs and the ways to reduce them further.

Don't have any NPA in telecom sector, says SBI

State Bank of India Thursday said it does not have any non-performing asset (NPA) in the telecom sector as the loans were given to well known corporate houses against their group guarantees.