Rajnish Kumar

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Rajnish Kumar - Total results - 58
Dinesh Kumar Khara takes charge as SBI chief: FMS Delhi graduate has 35 yrs of experience
Business

Dinesh Kumar Khara takes charge as SBI chief: FMS Delhi graduate has 35 yrs of experience

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

Bankers welcome economic package announced by govt, say will encourage lending to MSMEs
Business

Bankers welcome economic package announced by govt, say will encourage lending to MSMEs

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

Lockdown led to subdued economic activity but saved India from lot of agony: SBI chairman
Business

Lockdown led to subdued economic activity but saved India from lot of agony: SBI chairman

The SBI Chairman said the nationwide lockdown should only be lifted once the situation is fully under control.

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

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
Business

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

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

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 shares rally for fourth consecutive session; zoom 50% after SBI says keen to up stake to 49% in private lender
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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

Kotak Mahindra Bank best suited to acquire Yes Bank, says SBI chairman Rajnish Kumar
Business

Kotak Mahindra Bank best suited to acquire Yes Bank, says SBI chairman Rajnish Kumar

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

Essar Steel resolution to boost October-December quarter number: SBI chief Rajnish Kumar
Business

Essar Steel resolution to boost October-December quarter number: SBI chief Rajnish Kumar

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

SBI Chairman Rajnish Kumar says Indian economy in transition phase, growth to come back
Business

SBI Chairman Rajnish Kumar says Indian economy in transition phase, growth to come back

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
Business

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
Business

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
Business

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
Business

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