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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
SBI to raise long-term funds of up to $1.5 bn

Jun 29, 2016

SBI to raise long-term funds of up to $1.5 bn

The Executive Committee of the Central Board in its meeting held on June 29, 2016, has approved "to raise long term funds up to $1,500 million in single/multiple tranches #SBI #BSE #long-term capital
Proposal to consolidate Public Sector Banks is risky, says Moody's

Jun 28, 2016

Proposal to consolidate Public Sector Banks is risky, says Moody's

Recently, the State Bank of India (SBI) announced its decision to merge six banks with itself-including five of its associate banks. #SBI #Moody's #Arun Jaitley #Moody's Investors Service #Indian Banking Industry #PSBs
SBI shamed for funding US cluster bomb maker, but bank defends decision

Jun 23, 2016

SBI shamed for funding US cluster bomb maker, but bank defends decision

A report by PAX last week listed the government-owned bank as one of 158 lenders - including JP Morgan Chase, Barclays, Bank of America and Credit Suisse #Credit Suisse #State Bank of India #SBI #Bank of America #Barclays #Pax #JP Morgan Chase #Orbital ATK #cluster bomb maker
SBI merger an eyewash to shift focus from himalayan scale of bad loans: Union leader

Jun 17, 2016

SBI merger an eyewash to shift focus from himalayan scale of bad loans: Union leader

The central government is trying to divert the nation's attention from the Himalayan scale of bad loans given by the nationalised banks, says C.H. Venkatachalam, General Secretary of AIBEA #State Bank of India #SBI #Merger #AIBEA #SBT #C H Venkatachalam #SBBJ
SBI gets cabinet nod to merge 5 associate banks with itself

Jun 15, 2016

SBI gets cabinet nod to merge 5 associate banks with itself

The merged entity will create a banking behemoth, which can compete with the largest in the world with an asset base of almost Rs 37 lakh crore, with 22,500 branches and 58,000 ATMs as on December 2015 #SBI #Merger #State Bank of Mysore #State Bank of Patiala #State Bank of Hyderabad #Jayant Sinha #State Bank of Travancore #State Bank of Bikaner and Jaipur
Find out how cash-rich TCS, RIL, L&T are deployingfundsto deepen govt bond market

Jun 10, 2016

Find out how cash-rich TCS, RIL, L&T are deployingfundsto deepen govt bond market

TCS ploughed $3 billion into the market from January to March, its annual balance sheet showed last month #TCS #govt bonds #SBI #RIL #L&T #Deposits #Corporate bonds