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SBI declares war on NPAs as bad loans spurt

Last Updated: Friday, February 14, 2014, 22:52

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 chief says new provisioning norms will have minimal impact

Last Updated: Wednesday, June 05, 2013, 15:16

The nation's largest lender State Bank of India on Wednesday said it will have less than 1 percent impact on its pre-tax balance sheet or around Rs 200 crore annually due to the revised norms on NPAs and restructuring by the RBI.

SBI signs MoU with Spanish bank

Last Updated: Friday, May 24, 2013, 22:18

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

Last Updated: Thursday, April 18, 2013, 22:29

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.

High bad debts temporary: SBI

Last Updated: Saturday, December 15, 2012, 18:33

SBI's NPAs rose to 5.15 percent in the second quarter ended September, from 4.19 percent over the year-ago period because of deteriorating asset quality.

SBI says NPA rating to be better by March

Last Updated: Thursday, October 11, 2012, 19:36

A day after S&P downgraded its credit rating over asset quality concern, State Bank of India (SBI) Thursday said it is hopeful of improving its bad assets ratio by the end of the fiscal.

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

Last Updated: Thursday, June 14, 2012, 21:34

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.

Kotak downgrades SBI to 'accumulate'

Last Updated: Wednesday, February 22, 2012, 12:57

Kotak has downgraded State Bank of India to 'accumulate' from 'buy' as the stock has risen too fast too quick belying the risk associated with its asset quality.

SBI expects capital infusion "any time"

Last Updated: Friday, December 30, 2011, 12:00

State Bank of India, the country's largest lender, expects the government to inject capital "any time", although it is yet to get a formal commitment on the amount, a senior official said on Friday.

Separate mechanism to control NPA's showing results: Chaudhuri

Last Updated: Wednesday, November 02, 2011, 00:24

State Bank of India (SBI) Tuesday said that it has put in place a separate mechanism to contain the rising non-performing assets (NPAs).