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State Bank of India (SBI) has made the record making net profit with 14% growth in the third quarter. It has over passed all the estimates made by the analysts. The bank has posted a net profit of 2,828 crore in the quarter ended December 2010. The net interest income went up by 43% recorded […]
State Bank of India, the largest lender in the country, today said its special home loan schemes did not fall under the “definition” of teaser loans provided by the Reserve Bank of India (RBI), and hence it had not made any higher provisions for these loans. “Our special home loan schemes are not teaser loans. […]
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