Rajnish Kumar

Coronavirus Outbreak: Bankers welcome Reserve Bank's steps to enhance liquidity

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

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

SBI to up Yes Bank stake to 49%, not to sell a single share before 3 years: Chairman Rajnish Kumar

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 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 IPO to open for subscriptions on 2 March; plans to raise Rs 9,000 cr via maiden issue

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

Banks will see good recoveries in Q3, Q4 on resolution of large NPAs: SBI Chairman Rajnish Kumar

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