sbi loans

State Bank of India reported a 6% rise in Q4 FY26 net profit to Rs 19,684 crore, driven by improved asset quality and lower bad loans. Despite this, total income saw a slight decline, and net interest margins compressed, leading to a drop in operating profit and a subsequent fall in SBI's stock price.

The Allahabad High Court dismissed a lawyer's plea for speedy maintenance case disposal, labelling it 'vexatious' and imposing a Rs 15 lakh cost. The court found the husband suppressed facts, misused wife's salary for personal expenses, and depleted her finances. The order mandates recovery if not paid, with a committee to assess his assets.

CBI has registered a bank fraud case against former Reliance Telecom directors Satish Seth and Gautam Doshi, along with public servants, following a complaint by State Bank of India. The alleged fraud amounts to Rs 115 crore. Searches were conducted at the directors' residences, and documents related to loan transactions were recovered.

RCom, Ambani, his close associates and some family members are under investigation in the purchase and sale of an apartment worth over Rs 70 crore in Manhattan, New York. Sources said the chargesheet has mentioned Vaishali Jairam Mane, besides Garg, as an accused. Mane was an RCom employee based in the US. ED had questioned Ambani and his son in this case earlier.

The Supreme Court has expressed strong disapproval of probe agencies' perceived hesitation in investigating Anil Ambani's ADAG group for alleged Rs 40,000 crore loan fraud. Directing CBI and ED to expedite a coordinated inquiry, the court emphasized transparency and fairness. Fresh status reports are mandated within four weeks, with the court urging action against all involved in irregular loan sanctions.

Stock market recommendations: Coal India, and State Bank of India (SBI) are the top stock recommendations by Motilal Oswal Financial Services Ltd for this week starting March 16, 2026.

In an inspiring initiative, the Patna circle of the State Bank of India has allocated a remarkable Rs 350 crore to support Jeevika self-help groups in Motihari. This momentous occasion saw the involvement of over 1,700 women, who were celebrated with symbolic cheque presentations.

Vehicle owners can now rejoice as hypothecation removal from registration certificates becomes automatic post-loan repayment. The road transport ministry's new online system, launched with select banks and NBFCs, eliminates manual visits to RTOs. This seamless process, leveraging RBI's ULI, ensures real-time data exchange, simplifying loan closure for citizens.

SBI loan: If you are looking to obtain a personal loan of up to Rs 20 lakh, then you can do so at a zero processing fee. Usually the processing fee for personal loans of up to Rs 20 lakh is 1.5% of the loan amount subject to a minimum fee of Rs 1,000 and a maximum of Rs 15,000 plus GST.

State Bank of India (SBI) is considering offloading pools of non-performing retail loans worth less than Rs 1,000 crore ($132 million) to asset reconstruction companies, a strategy typically used for larger corporate loans.