Latest News on Rajnish Kumar
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Rajnish Kumar - Total results - 15
Feb 16, 2018
Punjab National Bank fraud case: SBI discloses Rs 1,360 crore exposure through LoU in Nirav Modi scamCountry’s largest lender SBI said it has an exposure of $212 million (about Rs 1,360 crore) in respect to the letter of undertaking issued by Punjab National Bank to Nirav Modi, but does not have any direct exposure to the absconding jewellery designer
Feb 10, 2018
SBI Q3 net loss at Rs 2,416 crore, NPAs at 10.35%: There is both good news and bad news for investors hereThere are a few more state-run banks that are yet to announce the December quarter earnings. The final picture could be even worse.
Jan 25, 2018
State Bank of India expects loan demand to rise with govt's infra spending pushIn recent months, the finance ministry has said it wants to boost spending on sectors such as infrastructure, including ports and roads, to boost economic growth.
Jan 02, 2018
SBI garnered Rs 1,771 cr as fine for violation of minimum balance requirement rules, says reportThe money SBI got as penalty from customers was more than the bank’s July-September profit of Rs 1,581.55 crore
Dec 29, 2017
Reliance Com-Reliance Jio deal protects lenders' interest: SBI chief Rajnish KumarReliance Com-Reliance Jio deal sets a great example for promoters of other stressed companies, State Bank of India (SBI) Chairman Rajnish Kumar said.
Nov 23, 2017
SBI chief: Insolvency & Bankruptcy Code Ordinance to have no impact on valuation of assets under resolutionNew insolvency law will make ineligible those who have their accounts classified as non-performing assets for one year or more
Nov 17, 2017
Financial sector honchos hail Moody's sovereign rating upgrade for IndiaMoody's Investors Service on Friday raised India's sovereign rating for the first time in 13 years, saying growth prospects have improved with continued progress on economic and institutional reforms.
Nov 09, 2017
SBI chairman Rajnish Kumar says there is limited space for further cut in lending rateLast week, the country's largest lender State Bank of India (SBI) reduced its lending rate for home and auto loans by 0.05 percentage point
Nov 06, 2017
Demonetisation: Bankers say move was good for them as it brought in more deposits, boosted digitisationOn November 8 last year, the Modi government demonetised Rs 500 and Rs 1,000 notes as part of its drive against black money, counterfeit notes and corruptionnetisation was good for them as it resulted in higher deposits and pushed digitisation at a faster pace
Nov 02, 2017
SBI deploys Microsoft's cloud-powered productivity solution Office 365Microsoft has also consolidated SBI’s messaging and collaboration server infrastructure in 17 countries, helping it save more than $ 200,000 annually,