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SBI surprises Street with dip in bad loans

State Bank of India (SBI), the country’s largest lender, sprung a pleasant surprise by reporting a drop in bad loans even as higher provisioning dragged its net profit down 7.8 per cent in......

Rs 9,600-cr QIP: SBI spared the blushes by LIC

State Bank of India’s (SBI’s) much-hyped share sale fell way short of its Rs 9,600-crore target on Wednesday, as many foreign institutional investors (FIIs), including the top names,......

SBI classifies its Rs 250 cr of dues as bad loans

Close to a dozen banks’ exposure to First Leasing, the financially troubled non-banking finance company, seem to be turning into bad loans. State Bank of India has decided to classify its own......

SBI joins ranks of dozen other headless PSUs

India’s largest lender, the State Bank of India(SBI) has joined the ranks of a host of other headless public sector undertakings (PSU) after its chairman Pratip Chaudhuri retired on the 30th......

NRI bonds fraught with legal challenges, says SBI chief

To bolster India’s foreign exchange reserves and curb the sharp slide in the rupee, issuing long-term bonds to non-resident Indians in international currency is being considered. However,......
  Web results for Sbi Rsquo
Sensex slumps 414 points on FII selling amid weak global cues

The markets slumped in late trades, amid weak global cues, on aggressive selling by institutional investors on concerns that robust US jobs data... ...

http://www.rediff.com/money/report/how-the-markets-fared-on-aug-1/20140801.htm
Govt may start diluting stake in public banks in November

The government is likely to start selling its stake in public sector banks (PSBs) in November. It is also expected State Bank of India (SBI),... ...

http://www.rediff.com/money/report/govt-may-start-diluting-stake-in-public-banks-in-november/20140801.htm
Markets in the red ahead of July F&O expiry

Markets succumbed to selling pressure in late trades, amid huge volumes, with financial shares leading the decline following the expiry of July... ...

http://www.rediff.com/money/report/how-the-markets-fared-on-jul-31/20140731.htm
Reliance Power to buy all of Jaypee's hydropower assets

Debt-laden Jaiprakash Power Ventures Ltd on Sunday said it had signed a deal to sell its entire hydropower portfolio to Reliance CleanGen, a... ...

http://www.rediff.com/money/report/reliance-power-to-buy-all-of-jaypees-hydropower-assets/20140728.htm
‘My son is not a terrorist’

Pune: “My son is not a terrorist. He went missing from home trying to evade bank officials as he is unable pay back his loan of Rs 3 lakh. He... ...

http://www.dnaindia.com/pune/report-my-son-is-not-a-terrorist-2003437

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