Khara, who joined SBI in 1984 as a Probationary Officer, was instrumental in merging five associate banks and Bharatiya Mahila Bank with SBI in 2017
The various initiatives announced by the government on Wednesday to support micro, small and medium enterprises (MSMEs) will encourage banks to lend more to the sector, bankers said
The SBI Chairman said the nationwide lockdown should only be lifted once the situation is fully under control.
The second set of measures announced by RBI for the COVID-19 pandemic-stricken economy got a thumbs-up from bankers who welcomed the steps taken as per the evolving market conditions
More calibrated responses from govt expected as impact of coronavirus outbreak unfolds: SBI chief Rajnish Kumar
Terming the relief package as timely intervention, SBI Chairman Rajnish Kumar on Thursday said more calibrated responses in the coming weeks expected as the impact of pandemic COVID-19 unfolds
State Bank chairman Rajnish Kumar on Tuesday said the country's largest lender that owns close to 43 percent in Yes Bank now will not sell a single share before that mandated three-year lock-in period, and that he's in fact keen to approach the board for hiking the holding to 49 percent
Yes Bank shares rally for fourth consecutive session; zoom 50% after SBI says keen to up stake to 49% in private lender
Shares of Yes Bank continued to rally for the fourth consecutive day on Wednesday, sharply rising by 50 percent after SBI chairman said the bank was keen to up stake to 49 percent in the private lender
Yes Bank will resume full banking services from Wednesday, says RBI-appointed administrator Prashant Kumar
Kumar said that the Centre came out with final notification for reconsturction of Yes Bank on 13 March and it is basically about constitution of board, equity participation and infusion into bank.
CNBC-TV18 all set to host 15th edition of India Business Leader Awards on 28 February; selection of winners a challenging task
The India Business Leader Awards honours high-achievers, outstanding leaders and true visionaries of corporate India.
SBI Cards and Payment Services, the credit card unit of the country's largest lender State Bank of India (SBI), will hit the market with the initial public offering (IPO) on 2 March
SBI's credit card arm likely to launch IPO early next month; plans to raise Rs 9,000 cr via maiden issue
Last week, the SBI subsidiary received markets regulator the Securities and Exchange Board of India's (SEBI) approval to float an initial public offering.
Ahead of Budget 2020, Narendra Modi, Amit Shah meet economists, experts at NITI Aayog; discuss steps to revive growth
The meeting assumes importance as the government is in the process of formulating Budget proposals for 2020-21
The banking sector is going to see good recoveries from non-performing assets in the third and fourth quarters of the current fiscal, helped by resolution of some large stressed accounts, SBI Chairman Rajnish Kumar said
Two of India's top bankers on Tuesday opined that Kotak Mahindra Bank (KMB) is best suited to acquire smaller and capital-starved rival Yes Bank
State Bank of India Chairman Rajnish Kumar on Monday said the resolution of Essar Steel will boost profitability in the third quarter of the current financial year
The Indian economy is in a transition phase largely owing to important reforms undertaken in the last few years, a top Indian banker has said exuding confidence that the country's growth rate will be back on track
State Bank of India launches debit card EMI facility for account holders; instalments to begin a month after completing transaction
State bank of India launched ‘Debit Card EMI facility’ for its existing customers, whereby they can opt for an EMI tenure of minimum six months to 18 months on Monday.
After SBI, now Axis Bank, too, protests against NCLAT order on higher payout to Essar Steel's operational creditors
Amitabh Chaudhry said the banks will exercise their right of taking the matter to the Supreme Court and hoped clarity can emerge in the matter from the apex court.
HDFC Bank refused loans to Vijay Mallya; need to separate friendships from banking, cautions MD, CEO Aditya Puri
Aditya Puri cited how his bank turned down a loan request from the now-fugitive businessman Vijay Mallya
Lenders to move Supreme Court against NCLAT order on higher payout to Essar Steel's operational creditors: SBI chief
Giving secured creditors same treatment as operational creditors is a huge disincentive for secured creditors, said Rajnish Kumar