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Thursday, October 2, 2025
TopicSBI

Topic: SBI

SBI income jumps 52%, beats profit estimate after cutting provisions for non-performing loans

Net income jumped to Rs 45.7 billion for the 3 months to September, beating a Rs 36.9 billion average estimate. Bad loan ratio fell slightly to 5.28%, compared with 5.44% at June end.

Your credit score won’t be impacted if you opt for loan restructuring. Here is why

Credit history only after debt recast would be taken into account for new loans. Banks will allow recast only if income impacted between February and August.

‘Focussed but not flamboyant’ — SBI bets on new chief Dinesh Khara to stop losing market share

Dinesh Khara, who was one of the SBI MDs handling global banking and subsidiaries, is set to begin his three-year term Wednesday. He succeeds Rajnish Kumar.

Dinesh Kumar Khara appointed State Bank of India chairman for 3 years

Khara, senior-most managing director of SBI, takes over from Rajnish Kumar, who completed his 3-year term Tuesday.

SC refuses to resume SBI’s personal insolvency case against Anil Ambani

The Supreme Court directed the Delhi High Court to decide on Ambani’s challenge to provisions of India’s insolvency law.

SBI report says rural economy is losing steam, flags rising unemployment and fall in wages

For 12 Indian states, the loss in state GDP in the current fiscal is mainly due to the rural areas, says the research report by State Bank of India.

High Covid fatality in states linked to elderly population, peak a month away — SBI report

Report correlates high Covid fatality rate in Tamil Nadu, Punjab, J&K, Maharashtra & West Bengal to their high elderly population. But experts refute this assertion.

Banks Board Bureau recommends managing director Dinesh Khara as next SBI chairman

Senior-most managing director Dinesh Khara will replace SBI Chairman Rajnish Kumar, whose three-year term comes to an end on 7 October.

India plans to hire Deloitte, SBI Caps to help LIC prepare for IPO

The advisers will help evaluate the capital structure of India’s biggest insurer as well as aid the company in reworking its financial statement ahead of its initial share sale.

Anil Ambani in trouble as NCLT agrees to hear SBI plea to start personal bankruptcy process

If NCLT admits Anil Ambani into the bankruptcy process, a list of all claims against him will be compiled and a repayment plan will be worked out, according to rules.

On Camera

The real impact of reviving Chushul airfield is psychological

China has not specifically protested about the revival of advanced landing grounds. However, given the historical and tactical significance of Chushul, it may make an exception.

More Andhra-style prawn fry for Indian plates? How Naidu’s trying to blunt US tariff hit on aqua exports

Naidu attempts to shield aqua farmers after Trump’s tariff hits the shrimp farming sector in Andhra Pradesh, leading to the cancellation of 50% of the state's exports.

Finnish giant ICEYE to build signature radar microsatellites in India, offers full control to govt

Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.