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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

SBI-associates merger will create an elephant difficult to tame

Looking at the broader picture, the government’s move to merge SBI’ five associates and BMB with SBI has all the signs of a forced merger.

Good news: New lending rate structure from today renders your loan rates cheaper

Ind-Ra expects the shortest tenor MCLR for bigger banks to be around 90-100 basis points lower than the base rate

O P Bhatt, former SBI chairman, sees merit in de-linking subsidiaries from parent

the bank is unlikely to face any major opposition from such an exercise from employee unions since unions themselves have demanded total de-linking of the arms