25% foreign branches of govt banks reported loss in 2016-17
Nearly 25% of the overseas branches of the state-owned banks suffered losses in 2016-17, the government has said. As many as 41 branches out of the 159 foreign branches of state-owned banks reported loss in fiscal 2016-17. India's largest lender SBI topped the list with nine loss-making foreign branches, followed by Bank of India with eight such branches. 