Tag archives for SBI
Uber drivers will get SBI loans at below 12%
MUMBAI: Drivers who ply cars on Uber network can now avail a loan at rates under 12% following a tie up with the State Bank of India. The loans will…
SBI gets board nod to raise remaining Rs 5,000 cr in debt
Banking major SBI said its board has approved raising the remaining Rs 5,000 crore of the Rs 12,000-crore fund raising programme through private placement of Basel-III compliant debt instruments. Earlier…
SBI unveils new home loan scheme for working executives
State Bank of India (SBI), country’s largest public sector lender, has unveiled a new home loan scheme ‘SBI FlexiPay Home Loan’ for young working professionals/executives. Under this new scheme, borrowers…
SBI, with Rs 1600 cr loan to Kingfisher Air, finally tags Vijay Mallya wilful defaulter
Mumbai - After a protracted legal battle, State Bank of India has declared industrialist Vijay Mallya a ‘wilful defaulter’ for defaults on nearly Rs 7,000 crore loans to the long-grounded…
Difficult to give fresh loans to NPA accounts: SBI
MUMBAI: Country's largest lender State Bank of India on Thursday expressed concerns about giving fresh loans to accounts which have become non performing assets(NPA) and said the banks do not…
SBI Q1 profit rises 10% to Rs 3692 cr, NII disappoints
State Bank of India (SBI) beat analysts' expectations on Tuesday with the first quarter net profit rising percent year-on-year to Rs 3,692 crore. Other income supported profitability but slow growth…