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Posts tagged with "State Bank Of India"

SBI Net Profit Declines by 13.6% in Q1

SBI Net Profit Declines by 13.6% in Q1

Aug. 12 | The country’s largest lender State Bank of India (SBI) on Monday reported 13.6% decline in standalone net profit to Rs. 3,241.08 crore for the quarter ended June 30, 2013, due to higher operating expenses and sluggish growth in interest income. The...

RBI To impose Rs 5.63 Lakh Fine On SBI For Violation

RBI To impose Rs 5.63 Lakh Fine On SBI For Violation

Aug. 7 | The Reserve Bank of India (RBI) on Wednesday said it imposed a fine of about Rs. 5,62,555 on State Bank of India (SBI) for violation of currency chest norms. “The above penalty has been levied in connection with the deficiencies/lapses observed...

SBI Q3 net profit up 4% at Rs 3,396 cr

SBI Q3 net profit up 4% at Rs 3,396 cr

Feb. 14 | State Bank of India (SBI), the country’s biggest lender announced Thursday a rise of 4.08% in quarterly net profit as higher provisions for bad loans and slower loan demand hurt growth. Net profit rose to Rs. 3,396 crore for the quarter ended Dec....