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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.

S&P downgrades SBI, UBI; banks say no big impact

Last Updated: Wednesday, October 10, 2012, 18:07

The country's largest lender State Bank of India said the downgrading will have no impact on it as the rating agency has only brought the rating on par with the sovereign rating.

Morgan Stanley underweight on SBI; markets ignore report

Last Updated: Wednesday, June 27, 2012, 16:30

Leading American investment bank Morgan Stanley Wednesday said it maintains the "underweight" rating on State Bank of India, with a target price of Rs 1,425 a share, as it sees asset quality issues at the nation's largest lender.

Fitch lowers rating outlook of SBI, ICICI, PNB among others

Last Updated: Wednesday, June 20, 2012, 13:33

Global agency Fitch Wednesday revised downwards credit rating outlook of 12 financial entities including SBI, ICICI Bank and PNB to negative, following a similar revision for India's sovereign outlook.

SBI to approach Moody's for re-rating

Last Updated: Friday, May 18, 2012, 21:50

The country's largest lender State Bank of India (SBI) would approach international rating agency Moody's for reassessment of its credit ratings.

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.

Moody's downgrades SBI; shares plunge to 2-year low

Last Updated: Tuesday, October 04, 2011, 14:40

Concerned over the deteriorating asset quality, Moody's Tuesday downgraded credit rating of State Bank of India by one notch to 'D+', a development that pulled down its shares to a 2-year low at Rs 1,786.70 on the BSE.