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SBI bad loans News

22 May 2018

SBI posts Q4 net loss of Rs 7,718 crore on higher bad loans

The bank had reported a net profit of Rs 2,814.82 crore in the corresponding period of 2016-17.

State Bank of India

11 Aug 2017

SBI Q1 net profit jumps 5-fold to Rs 2,006 crore; NPAs spike

SBI had reported a net profit of Rs 867.32 crore in the same quarter of last fiscal.

State Bank of India

07 Apr 2017

SBI bad loans balloon, post-merger provisioning may rise

The bank will likely have to increase its provisioning for bad loans -- setting aside money to partly cover the non-performing assets (NPAs) following its merger with five subsidiaries.

Associate Banks of SBI

03 Apr 2017

SBI sees cost savings, no bad loans surprise after merger with units

State Bank of India, the nation`s top lender by assets, expects no nasty surprises on bad loans after merging five subsidiary banks with itself at the weekend in a deal that will help it save costs and gain scale, senior executives said.

12 Aug 2016

SBI Q1 net profit plunges 78% to Rs 1,046 crore

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12 Aug 2016

SBI Group Q1 net dips 78%, but says worst of NPAs behind it

Country's largest lender State Bank of India on Friday reported a massive 77.8 percent fall in its net profit to Rs 1,046 crore for the June quarter due to nearly two-fold jump in provision for bad loans.

24 Feb 2016

SBI's Rs 11,700-crore locked as bad loans with wilful defaulters

Loans worth Rs 11,700 crore given by State Bank of India have been locked up as non-performing assets as nearly 1,160 defaulters have willfully decided not to repay.

11 Feb 2016

SBI Q3 net plunges 60%, bad loans rise less than expected

State Bank of India , the nation`s top lender by assets, reported a 62 percent fall in quarterly profit although its bad loans rose less than expected.

State Bank of India

14 Feb 2015

SBI Q3 net profit surges 30%; keeps NPAs, costs under control

Country's largest lender State Bank of India Friday reported a 30 percent rise in net profit at Rs 2,910 crore for the third quarter ended December 2014 helped by higher treasury income and tight cost control steps.

State Bank of India

14 Nov 2014

SBI logs 31% jump in Sept quarter net profit at Rs 3,100 cr

The bank had reported a profit after tax of Rs 2,375 crore in the year-ago period.

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