#1
December 29th, 2017, 03:57 PM
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State Bank Of India NPA Settlement
Hi buddy here I have come to collect info related to State Bank Of India NPA Settlement scheme , so will you plz let me know about the same here ??
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#2
December 30th, 2017, 08:20 AM
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Re: State Bank Of India NPA Settlement
State Bank of India is an Indian multinational, public sector banking and financial services company. As you asking here I am telling State Bank of India has launched a unique scheme — RBI-One Time Settlement II — to accelerate recovery of dues from non-performing accounts (NPA) . According to an SBI press statement issued , RBI-OTS II, is more liberal than the earlier settlement schemes. The new scheme applicable to non-performing accounts with outstanding balance up to Rs 25,00,000 (principal) from March 1, 1998. The scheme cover all sectors and its guidelines will be in force till June 30, 2002 Bank profile: Type Public Traded as NSE: SBIN BSE: 500112 LSE: SBID BSE SENSEX Constituent CNX Nifty Constituent Industry Banking, financial services Founded 2 June 1806, Bank of Calcutta 27 January 1921, Imperial Bank of India 1 July 1955, State Bank of India 2 June 1956, nationalization Headquarters Mumbai, Maharashtra, India Area served Worldwide Key people Rajnish Kumar (banker) (Chairman) Products Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards Revenue 298,640.45 crore (US$47 billion) (2017) 273,461.13 crore (US$43 billion) (2016) Operating income 50,847.90 crore (US$7.9 billion) (2017) Profit 10,484.10 crore (US$1.6 billion) (2017) 9,950.65 crore (US$1.6 billion) (2016) Total assets 2,705,966.30 crore (US$420 billion) (2017) Total equity 144,274.65 crore (US$22 billion) (2016) Owner Government of India (61.23%) Number of employees 209,567 (2017) 207,739 (2016) Capital ratio 13.12% (2016) |
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