Latest News on Rajnish Kumar
Showing of 0 - 10 from 13 results
Rajnish Kumar - Total results - 13
Aug 28, 2018
RBI deadline: Bankers see no material impact on provisioning as they are in process of resolving stressed accountsThe deadline for beginning bankruptcy process ended on Monday and the RBI has so far not come on record saying it will stick to the original direction.
Aug 21, 2018
State Bank of India chairman Rajnish Kumar calls for scaling down thrust on consortium lendingHe also said NPAs rose because bankers don't approach a borrower with the mind of a CBI/ED sleuth, but with trust.
Aug 14, 2018
Jet Airways denies loan default, says evaluating all funding options to meet liquidity requirementsJet Airways, which is grappling with financial woes, had last week deferred announcement of its financial results for the June quarter and is yet to announce a date.
Aug 02, 2018
SBI, Reliance Jio extend partnership to digital payments area, will help state-run lender ramp up customer baseSBI and Jio has a joint venture for payment bank- Jio Payments Bank, wherein Jio holds 70 percent and the balance is with SBI.
May 23, 2018
State Bank of India sees rebound after record Rs 7,718 cr net loss; 'year of hope', says chairman Rajnish KumarState Bank of India which accounts for more than a fifth of India’s banking assets said it aims to grow loans at an annual average of 12 percent through March 2020, nearly halve its gross non-performing loan ratio, bring down provisioning costs and improve margins.
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
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.
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 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,