SBI bad loans balloon, post-merger provisioning may rise
The bank will likely have to increase its provisioning for bad loans -- setting aside money to partly cover the non-performing assets (NPAs) following its merger with five subsidiaries.
Apr 07, 2017, 12:35 PM ISTSBI begins working on framework for subsidiaries merger
"A team of 15-20 members has been set up and it has started working on the framework for the merger. The team is headed by a general manager and there are a few deputy general managers," a source said.
Jun 12, 2016, 15:46 PM IST