Sbi Chairman-rajnish-kumar

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Sbi Chairman-rajnish-kumar - Total results - 41
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

Coronavirus Outbreak: SBI' s 2.56 lakh employees commit Rs 100 cr for PM relief fund to fight Covid-19
Business

Coronavirus Outbreak: SBI' s 2.56 lakh employees commit Rs 100 cr for PM relief fund to fight Covid-19

Employees of SBI have donated Rs 100 crore to the Prime Minister's relief fund to fight the coronavirus pandemic

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

AIBOC condemns 'unsavoury attack' by Nirmala Sitharaman on SBI chairman Rajnish Kumar after audio clip goes viral
India

AIBOC condemns 'unsavoury attack' by Nirmala Sitharaman on SBI chairman Rajnish Kumar after audio clip goes viral

The AIBOC is the largest bank officers' organisation having membership of around 3,20,000 officers

Yes Bank shares zoom over 32% after SBI announces 49% stake buy in cash-strapped lender for Rs 2,450 cr
Business

Yes Bank shares zoom over 32% after SBI announces 49% stake buy in cash-strapped lender for Rs 2,450 cr

Shares of Yes Bank on Monday zoomed over 32 percent after State Bank of India (SBI) said it will pick up 49 percent stake in the cash-strapped lender for Rs 2,450 crore

Yes Bank problem lender-specific, not sectoral; resolution will come 'very shortly': SBI Chairman Rajnish Kumar
Business

Yes Bank problem lender-specific, not sectoral; resolution will come 'very shortly': SBI Chairman Rajnish Kumar

A day after the RBI superseded the board of India's fourth-largest private sector lender Yes Bank, State Bank of India (SBI) Chairman Rajnish Kumar on Friday said the problem at hand is lender-specific and not sectoral

AGR issue: Nobody wants to kill telecom sector, says SBI chairman Rajnish Kumar
Business

AGR issue: Nobody wants to kill telecom sector, says SBI chairman Rajnish Kumar

With the telecom firms staring at a massive Rs 1.47 lakh crore of AGR dues, SBI chairman Rajnish Kumar on Monday said "nobody wants to kill the sector"

India needs to double credit growth to 15% to achieve $5 trillion economy target by FY25: Bankers
Business

India needs to double credit growth to 15% to achieve $5 trillion economy target by FY25: Bankers

Prime Minister Narendra Modi on Thursday underlined the need for working together to make India a $5 trillion economy, while stressing that the government has been able to maintain macroeconomic stability amid tough global environment.

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

Keep off companies under IBC, attach promoters' personal assets, SBI chairman Rajnish Kumar tells ED, CBI
Business

Keep off companies under IBC, attach promoters' personal assets, SBI chairman Rajnish Kumar tells ED, CBI

State Bank chairman Rajnish Kumar on Tuesday said the Enforcement Directorate and other central law enforcement agencies should restrict to attaching personal assets while investigating a promoter and keep off the company which is under the insolvency process

SBI chairman Rajnish Kumar slams 'selfish' private sector bank for Altico Capital default crisis
Business

SBI chairman Rajnish Kumar slams 'selfish' private sector bank for Altico Capital default crisis

State Bank of India chairman Rajnish Kumar has slammed a “selfish” private sector lender for the crisis at Altico Capital, as its unilateral move to secure its own money can potentially cause troubles to the wider financial system

SBI shelves IPO plans for general insurance arm; card joint venture to hit market in Q4
Business

SBI shelves IPO plans for general insurance arm; card joint venture to hit market in Q4

The largest lender State Bank has dropped its plan to take its general insurance arm public as there is no need for additional capital now, chairman Rajnish Kumar has said

SBI plans to establish nearly 10 lakh YONO Cash Points in the country over 18 months: Chairman Rajnish Kumar
Business

SBI plans to establish nearly 10 lakh YONO Cash Points in the country over 18 months: Chairman Rajnish Kumar

State Bank of India, the country's largest lender, is planning to establish nearly 10 lakh YONO Cash Points in the country over 18 months, said its Chairman Rajnish Kumar on Wednesday

Hours after RBI governor Shaktikanta Das's call, Axis Bank says linking loans to repo is not the only way for faster transmission
Business

Hours after RBI governor Shaktikanta Das's call, Axis Bank says linking loans to repo is not the only way for faster transmission

Till the last rate cut of 0.35 percent, the banks have passed out only 0.29 percent of the 0.75 percent in rate cuts initiated by the RBI to the final borrowers.

Banks hire scores of oversight agencies to curb fund diversion, says SBI Chairman Rajnish Kumar
Business

Banks hire scores of oversight agencies to curb fund diversion, says SBI Chairman Rajnish Kumar

There have been instances where an individual or a company has borrowed from one bank and at the same time uses a current account facility with some other bank to divert funds, SBI chairman Rajnish Kumar said.

Lenders explore ways to utilise 15 Jet Airways planes, protect valuable assets; proposals under consideration
Business

Lenders explore ways to utilise 15 Jet Airways planes, protect valuable assets; proposals under consideration

Jet Airways owns 16 aircraft, including 10 wide-body Boeing 777-300 ERs, rest of the planes were on lease.

Jet Airways crisis: Founder Naresh Goyal likely to submit bids today for stake in cash-strapped airline
Business

Jet Airways crisis: Founder Naresh Goyal likely to submit bids today for stake in cash-strapped airline

Former Jet Airways chairman Naresh Goyal is likely to submit initial bids for a stake in the airline on Thursday, sources said

Jet Airways' lenders to invite bids for stake sale on 6 April; ready to look at other options
Business

Jet Airways' lenders to invite bids for stake sale on 6 April; ready to look at other options

After taking stock of the current situation at cash-strapped Jet Airways, which is currently operating less than 30 planes, the lenders said they would pursue resolution plan for the carrier in a time-bound manner under the present legal and regulatory framework.