The Business Times

State Bank of India

Banking & Finance

India’s largest bank plans to raise 250 billion rupees in share sale

State Bank of India will not stop lending to ongoing Adani projects that are nearing completion, but will exercise caution when disbursing loans to ensure all terms and conditions are being met.
Global Enterprise

Indian banks review Adani exposure in wake of US bribery allegations

State Bank of India's net profit rose 28 per cent to 183.31 billion rupees (S$2.9 billion) compared with 143.3 billion rupees a year ago.
Banking & Finance

State Bank of India beats Q2 profit view but lending margin shrinks

FILE PHOTO: People move past a branch office of State Bank of India (SBI) in Mumbai, India, April 18, 2023. REUTERS/Niharika Kulkarni/File Photo
Banking & Finance

India’s biggest lender deploys 2,000 bankers to woo the wealthy

State bank of India's net profit rose to 206.98 billion rupees (S$3.4 billion) in the quarter ended Mar 31, from 166.95 billion rupees a year ago.
Banking & Finance

India’s SBI forecasts steady credit growth after quarterly profit beat

SBI had been asked to share names of the donors, the beneficiaries and the amounts with the independent Election Commission of India (ECI) by Mar 6 and the poll panel was directed to make it public by Mar 13.
International

India’s top court orders SBI bank to share political donors’ names by Tuesday

State Bank of India (SBI) net profit is at a record 168.84 billion rupees (S$2.7 billion) for the quarter ended Jun 30.
Companies & Markets

State Bank of India Q1 profit nearly triples to all-time high

SBI’s gross non-performing assets (NPA) ratio – a key metric of asset quality – has fallen to 2.78 per cent from 3.14 per cent in the previous quarter and 3.97 per cent a year ago.
Companies & Markets

India’s top lender SBI posts record Q4 profit

SBI’s total exposure was 0.9 per cent of its total loan book, or around 270 billion Indian rupees (S$4.3 billion), chairman Dinesh Kumar Khara has said.
Companies & Markets

Adani crisis unlikely to pose credit risk for Indian banks: rating agencies

SBI surged 70 per cent last year as analysts turned bullish, though concerns about bank exposure to the embattled Adani Group have slammed the sub-index in the past two weeks.
Companies & Markets

India’s top lender SBI smashes estimates with record Q3 profit

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More