News: State Bank of India (SBI.BO)

SBI.BO on Bombay Stock Exchange

267.90INR
6:24am EDT
Change (% chg)

Rs4.35 (+1.65%)
Prev Close
Rs263.55
Open
Rs266.30
Day's High
Rs269.30
Day's Low
Rs263.05
Volume
1,259,601
Avg. Vol
2,136,895
52-wk High
Rs335.90
52-wk Low
Rs186.74

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Thu, Mar 26 2015

Australia's IAG to raise stake in JV with State Bank of India

MUMBAI, March 26 - Insurance Australia Group Ltd will raise its stake to the maximum allowed 49 percent in a general insurance joint venture with State Bank of India , the Indian lender said on Thursday, following rule changes earlier this month.

UPDATE 1-India's SBI to turn down Adani's $1 bln Australian loan request - sources

SINGAPORE/MUMBAI, March 13 - State Bank of India is preparing to turn down a $1 billion loan request from Adani Enterprises intended for a coal project in Australia, scrapping an agreement signed last year, sources with direct knowledge of the move said.

India's SBI to turn down Adani's $1 bln Australian loan request - sources

SINGAPORE/MUMBAI, March 13 - State Bank of India is preparing to turn down a $1 billion loan request from Adani Enterprises intended for a $7 billion coal project in Australia, scrapping a preliminary deal signed last year, sources with direct knowledge of the move said.

Indian shares gain over 1 pct; SBI surges on stable asset quality

MUMBAI, Feb 13 - Indian shares rose for a fourth consecutive day on Friday, as State Bank of India surged after bad loans rose only slightly in the previous quarter, with sentiment also underpinned by stable consumer inflation data and stronger global markets.

Indian shares up; SBI jumps after bad loans stabilise

MUMBAI, Feb 13 - Indian shares rose for a fourth consecutive day on Friday, as State Bank of India surged after bad loans rose only slightly in the previous quarter, with sentiment also underpinned by stable consumer inflation data and stronger global markets.

State Bank of India Q3 net profit up 30 pct; shares surge

MUMBAI, Feb 13 - State Bank of India, the nation's top lender by assets, reported a 30 percent increase in quarterly profit, lagging estimates, although bad loans rose less than feared, sending its shares 6 percent higher.

UPDATE 2-India's Bank of Baroda profit tumbles as bad loans jump

* Both banks see bad loans rise in Q3, shares tumble (Adds ICICI Bank results, updates shares)

State Bank of India Q2 profit up 30.5 pct; lags estimates

MUMBAI, Nov 14 - State Bank of India (SBI) , the nation's top lender by assets, reported a 30.5 percent increase in quarterly profit, but lagged estimates as provisions for bad loans increased.

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