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State Bank of India (SBI.BO)

SBI.BO on Bombay Stock Exchange

310.90INR
18 Apr 2019
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Rs-4.90 (-1.55%)
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Wed, Mar 20 2019

UPDATE 2-Key Jet Airways lender SBI says bankruptcy 'last option', rescue almost ready

* Govt has asked banks to save Jet, no bankruptcy - sources (Adds details from finance ministry source, background)

Lenders to Jet to reach final resolution in one week: SBI official

MUMBAI A consortium of lenders led by the State Bank of India (SBI) should reach a final resolution plan to rescue embattled Jet Airways in the next one week, an SBI official said on Friday.

Lenders to Jet to reach final resolution in one week - SBI official

MUMBAI, March 15 A consortium of lenders led by the State Bank of India (SBI) should reach a final resolution plan to rescue embattled Jet Airways in the next one week, an SBI official said on Friday.

India's SBI links deposits, short term loan rates to repo rate

NEW DELHI, March 8 State Bank of India said on Friday it would link savings bank deposits and short term loans to the repo rate of the Reserve Bank of India from May.

UPDATE 1-State Bank of India confirms account frauds totalling $1.12 bln

March 1 State Bank of India (SBI) confirmed on Friday it had reported fraud totalling 79.51 billion rupees ($1.12 billion) during the first nine months of this financial year.

State Bank of India reports frauds of $1.12 bln in April-December of FY19

March 1 State Bank of India (SBI) said on Friday it had reported frauds amounting 79.51 billion rupees ($1.12 billion) during the first nine months of fiscal 2019, mainly due to frauds declared in some large-value accounts.

UPDATE 2-Jet Airways' top creditor says no decision made on going to insolvency tribunal

* Jet says it is working to pay overdue salaries (Adds Jet, Etihad statement)

India's SBI says reports of taking Jet Airways to NCLT "speculative"

Feb 25 Jet Airways Ltd's largest lender State Bank of India (SBI) said on Monday media reports on the state-run bank referring the debt-laden carrier to the National Company Law Tribunal (NCLT) to recover loans were "speculative", and that no such decision had been taken.

Headroom to cut rates does not exist - SBI Chairman to CNBC TV18

MUMBAI, Feb 18 State Bank of India, the country's largest public sector lender, currently does not have any headroom to cut deposit rates and thus cannot cut its base lending rate, its Chairman Rajnish Kumar told news channel CNBC TV18 in an interview on Monday.

India's Jet Airways board approves lenders' rescue package

NEW DELHI/BENGALURU, Feb 14 Jet Airways Ltd said on Thursday that its board had approved a plan by lenders, led by State Bank of India, that will give the debt-laden Indian airline funding crucial for its survival.

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