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SBI reports sharp decline in Q4 standalone profit

SBI reports sharp decline in Q4 standalone profit

May 27, 2016, at 11:45 pm

Kolkata, May 27 (IBNS) State Bank of India, the country's largest lender, reported a sharp decline in fourth quarter standalone profit largely due to more than two-fold increase in provisions and slow growth in net interest income, according to media reports.

Consortium again fails to find buyers for Kingfisher assets

Consortium again fails to find buyers for Kingfisher assets

Apr 30, 2016, at 08:29 pm

Mumbai, Apr 30 (IBNS) The 17-bank consortium led by the State Bank of India did not find buyers to bid for the brands and trademarks of Kingfisher Airlines, earlier owned by liquor baron Vijay Mallya, at an auction held on Saturday, according to media reports.

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