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
Banking declared as public utility service for six months till 21 October; employees will not be able to go on strikes
All public sector banks, old generation private sector banks like HDFC Bank, ICICI Bank, Axis Bank and Federal Bank are members of IBA
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.
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
Last month, Goyal and his wife Anita Goyal stepped down from the board of the airline, which has more than Rs 8,000 crore debt.
All India Jet Airways Officers and Staff Association said the airline management has not been addressing many issues that employees have been facing
Jet Airways has more than $1 billion in debt, and owes money to banks, suppliers, pilots and lessors—some of whom have started terminating leases with the carrier
'Nobody can make authentic statement on job creation as there are no reliable data', says SBI Chairman
Jobs in the manufacturing sector has seen a reduction due to use of technology and there was a lot of 'disguised unemployment.
Naresh Goyal ready to infuse up to Rs 700 cr in crisis-hit Jet Airways with a rider, wants his stake to remain above 25%
Goyal said he was committed to an “infusion of funds into the company to the extent of Rs 700 crore” and pledging all his shares.
IL&FS, DHFL shocks may be temporary triggers, but the bad news for Indian financial markets do not end there
Its a mistake to assume that ongoing market turmoil is only on account of DHFL, IL&FS issue
In 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.
Rajnish Kumar, who is currently the managing director of SBI, faces the daunting task of addressing the issue of huge NPAs of the bank.
State Bank of India (SBI) Chairman pointed out that stress in the telecom sector has reached "highly unsustainable levels" due to erosion of topline and earnings of the service providers.
Except for a handful of voices, almost everyone was expecting a minimum 25 basis point cut in rates in Governor Urjit Patel’s first policy statement, given the recent demonetisation woes
The larger than average monsoon rainfall will help maintain moderate food price inflation, contributing to keeping headline inflation within or close to target this year, Moody's said.
The SBI chief, in calling for the reduction or abolition of CRR, is essentially pleading for unlimited money expansion and inflation.