Reserve Bank's forthcoming monetary policy review should outline steps to curb the volatility in systemic liquidity, SBI chairman Arundhati Bhattacharya said on Friday.
RBI is scheduled to announce this fiscal's
Lenders to long-grounded Kingfisher Airlines, owned by beleaguered businessman Vijay Mallya, on Thursday began auctioning the KFA headquarters - Kingfisher House - situated near the domestic airport in Mumbai.
The Reserve Bank of India on Thursday reiterated that the trigger for banks to invoke strategic debt restructuring (SDR) must be non-achievement of viability milestones or non-adherence to ‘critical
Country's largest lender State Bank of India on Friday said it has raised Rs 3,000 crore from bonds to fund business growth.
The bank on Thursday issued 30,000, Basel III
Faced with huge NPAs, SBI chairperson Arundhati Bhattacharya on Tuesday said bad loans are expected to surge in the coming quarter, which may hit its profitability.
"We had already said
Country's largest lender State Bank of India (SBI) on Thursday reported a massive 67 per cent fall in consolidated net profit at Rs 1,259.49 crore in the quarter to December, joining its peers in cleaning up the book, and classified loans worth Rs 20,692 crore as having turned bad.
Country's largest lender State Bank of India is taking steps to develop women entrepreneurship in the country, its chairperson Arundhati Bhattacharya has said.
"We are trying to create special schemes
State Bank of India, which is looking to divest some of its stake in life and non-life insurance subsidiaries, today said that the process may take "a little time".
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