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SBI Q1 2024-25: Net profit up 5.04%, net NPAs down 6.26%, 25,000 cr fundraise

SBI recorded an increase in net profits along with a fall in NPAs during Q1 2024-25, with its board approving a ₹25,000 crore fundraising through bonds

The logo of State Bank of India (SBI) is seen on the facade of its headquarters in Mumbai, India, April 12, 2023. (Niharika Kulkarni/Reuters)(REUTERS)
Updated on Aug 03, 2024 04:14 PM IST

Moody's maintains stable outlook on three Indian PSU banks' ratings

Moody's maintains stable outlook on three PSU banks including Bank of Baroda (BOB), Canara Bank, and Punjab National Bank (PNB).

A Moody's sign is displayed on 7 World Trade Center, the company's corporate headquarters in New York.(Reuters)
Published on Jun 09, 2024 06:21 PM IST

ED attaches 2 crore assets in bank fraud case

The firm allegedly misappropriated a nationalised bank’s funds causing it to suffer financial losses. The irregularity took place in the bank’s Ghaziabad branch.

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Updated on Feb 08, 2024 09:02 AM IST
By, Lucknow

No political personality is ready to sail in 'sinking boat' Congress: BJP

No political personality is ready to sail in 'sinking boat' Congress: BJP

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Published on Jan 30, 2024 03:06 PM IST
PTI |

1,033 cr due from Videocon Group not wrongful loss: Bank

ICICI Bank granted six loans to Videocon group companies between June 2009 to October 2011. Later, these loans were restructured by a fresh loan of ₹1,730 crore. The account of Videocon was declared NPA on June 30, 2017, with an outstanding of ₹1,033 crores, the CBI chargesheet stated

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Updated on Aug 06, 2023 12:33 AM IST
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