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Wilful defaulters accounts at 5,610, NPAs Rs 5.39 lakh cr, says bank staff union

Jul 21, 2016

Wilful defaulters accounts at 5,610, NPAs Rs 5.39 lakh cr, says bank staff union

In nationalised banks, a total of 3,192 accounts were those of wilful defaulters, who owe a sum of Rs 28,775 crore. #SBI #AIBEA #Foreign Banks #Financial institutions #banking industry #Gross NPAs #wiful defaulters
Retail borrowers prefer pvt sector lenders, PSBs' market share fall

Jul 14, 2016

Retail borrowers prefer pvt sector lenders, PSBs' market share fall

The market share for private banks in home loan category rose from 34 per cent to 35 per cent, while it marginally dropped for PSU banks year-on-year. #SBI #Canara Bank #Vijaya Bank #public sector banks #ANDHRA BANK #PSBs #pvt sector lenders
PSU bank employees defer strike after High Court order

Jul 12, 2016

PSU bank employees defer strike after High Court order

In the event of the strike, normal banking operations could have been affected on July 12 and 13. #SBI #All India Bank Employees Association #PSU banks strike #bank emloyees #SSBEA
SBI seeks independent valuation from CA firms for merger of associates, BMB

Jul 06, 2016

SBI seeks independent valuation from CA firms for merger of associates, BMB

The bank's two other associates - State Bank of Hyderabad and State Bank of Patiala - which will also be merged subsequently, will be valued separately as they are not publicly traded entities #State Bank of India #SBI #SBI Caps #Bharatiya Mahila Bank #BMB #three associates
Banks face stress due to 'stalling' in 2011-13: SBI's Arundhati Bhattacharya

Jul 06, 2016

Banks face stress due to 'stalling' in 2011-13: SBI's Arundhati Bhattacharya

Bhattacharya said the per capita consumption by Indians of both steel and power is one of the lowest in the world. #SBI #CPI #Arundhati Bhattacharya #Digital India #Start-up India #Brexit #Indus Entrepreneurs on India #per capita consumption
Banking sector in some stress amid stalled projects in 2011-13: SBI's Arundhati Bhattacharya

Jul 06, 2016

Banking sector in some stress amid stalled projects in 2011-13: SBI's Arundhati Bhattacharya

Bhattacharya, who had met investors and rating agencies during her visit to the city, said the macro-economic parameters in the country are "very good", saying the fiscal deficit is well contained #SBI #Arundhati Bhattacharya #Digital India #stalled projects #Start-up India #Brexit #banking stress
RIL, SBI sign shareholder agreement for payments bank JV

Jul 01, 2016

RIL, SBI sign shareholder agreement for payments bank JV

RIL and SBI, in February last, had entered into a non-binding memorandum of understanding to set out the principal terms #Reliance Industries #RBI #SBI #RIL #Payments Bank
7th Pay Commission: How salary disparity explains brain drain from govt

Jun 30, 2016

7th Pay Commission: How salary disparity explains brain drain from govt

Banking sector top salaries explain why the government bureaucrats are not really happy about the Seventh Pay Commission implementation #ICICI Bank #SBI #HDFC Bank #Chanda Kochhar #Aditya Puri #Private sector #Public Sector #brain drain #Arundhati Bhattacharya #Seventh Pay Commission
SBI sees 7th pay hike impacting fiscal deficit target for FY18

Jun 29, 2016

SBI sees 7th pay hike impacting fiscal deficit target for FY18

It also said that the impact of the move on inflation could be temporary #Inflation #SBI #fiscal deficit #7th Pay Commission