State Bank of India (SBI.BO)
Tue, Sep 13 2016
HONG KONG, Sept 14 (IFR) - State Bank of India has given yield guidance of mid 5% area for a benchmark offering of US dollar Additional Tier 1 notes - the first offshore AT1 issue from India.
MUMBAI, Aug 25 India's central bank on Thursday retained State Bank of India and ICICI Bank, the nation's top two lenders by assets, as "domestic systemically important banks", or the equivalent as "too big to fail" for a second consecutive year.
NEW DELHI State Bank of India (SBI) , the nation's biggest lender by assets, will gain $120 billion in assets following its merger with associate banks and Bhartiya Mahila Bank, the lender said in a statement on Saturday.
NEW DELHI, Aug 20 State Bank of India (SBI) , the nation's biggest lender by assets, will gain $120 billion in assets following its merger with associate banks and Bhartiya Mahila Bank, the lender said in a statement on Saturday.
* Bad-loan ratio widens to 6.94 pct in June from 6.5 pct in March
Aug 12 India's BSE index rose 1 percent on Friday and posted its third straight weekly gain, as State Bank of India surged on a smaller-than-expected rise in June-quarter bad loans, while a rally in crude prices also boosted energy stocks.
MUMBAI, Aug 12 State Bank of India, the nation's top lender by assets, reported on Friday first-quarter net profit fell 32 percent, in line with estimates, and its bad loans rose slightly.
* Says to cut MCLR based lending rates by 5 bps effective Aug. 1
* Brookfield, SBI to set up JV to invest in distressed assets
* Retail managing director says targeting at least 20 percent growth in retail loans this fiscal year