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Arundhati Bhattacharya News
Jobs shower on former SBI chief Arundhati Bhattacharya; after RIL, joins Wipro; more to come
Wed, Oct 24, 2018
In a latest development, IT-major Wipro has appointed Arundhati Bhattacharya on its board of directors.
How much does SBI chief Rajnish Kumar get paid? Find out here
Tue, Jun 12, 2018
Among four managing directors - B Sriram, Rajnish Kumar (upto 06.10.2017), P K Gupta and Dinesh Kumar Khara - Sriram received highest salary worth Rs 27,74,077.
FM Arun Jaitley should focus on rural economy, affordable housing in Budget 2018: Arundhati Bhattacharya
Mon, Jan 29, 2018
Credit growth will take at least two-three quarters to see a revival, while borrowing cost is not going to come down any time soon, said ex-SBI Chairman Arundhati Bhattacharya in an exclusive interview to Zee Business.
Post merger: SBI cuts staff by atleast 10,500 in 1HFY18
Mon, Nov 13, 2017
In 1991, it was suggested that India should have fewer but strong PSBs. Though it was only in May 2016 that effective action to consolidate state-owned banks struck headlines with six associate banks getting merged into State Bank of India.
Rajnish Kumar is the new chairman of State Bank of India
Wed, Oct 04, 2017
The chairman's term was coming to an end this week and Rajnish Kumar, MD at SBI was a front runner for her chair.
SBI Life Insurance may launch IPO in this month; aims to raise Rs 8000 crore
Tue, Sep 05, 2017
The company is expecting approval from Securities and Exchange Board of India (Sebi) and Insurance Regulatory and Development Authority of India (IRDAI) in this week.
Thousands transferred, branches closed, but no major protests in SBI
Tue, Aug 15, 2017
Even the unions that strongly opposed the merger of six banks with SBI and were apprehensive about treatment of incoming staff by the SBI management agree that there is not much of vindictive or arbitrary movement of people till now, making one wonder as to how and why this happened.
Banks' exposure to telecom sector at Rs 97,681 crore: FM Jaitley
Tue, Jul 25, 2017
For public sector banks, the gross Non Performing Asset (NPA) ratio and stressed advances ratio for the sector stood at 3.68 per cent and 11.29 per cent respectively, at the end of 2016-17 fiscal.
SBI in Nepal launches digital village
Sun, Jul 09, 2017
The digital village initiative has been launched in Jarisingpouwa in Shankarapur Rural Municipality, 25 km east from Kathmandu.
SBI is ready for GST, Arundhati Bhattacharya says
Thu, Jun 29, 2017
Bhattacharya spoke on indicators like outcome of GST implementation, banks credit growth, reforms for banks bad loan resolution and present economic conditions.
State Bank of India chief's salary zilch compared to counterparts in private banks
Sun, Jun 25, 2017
SBI, one of the world's 50 largest banks, pays only a small fraction to its top management as compared to private sector players like ICICI Bank and HDFC Bank.
RBI's reduction in risk weight of home loans credit negative for banks
Thu, Jun 15, 2017
RBI's action on risk weightage of home loans is seen as credit negative for Indian banks.
Farm loan waiver could reach Rs 2.6 lakh crore by 2019, report claims
Tue, Jun 06, 2017
Demand for farm loan waiver has increased in many states. It is expected that all states will write- off about $40 billion (Rs 2.6 lakh crore) of farm loans in the run up to 2019 general elections following the ruling BJP's UP and Maharashtra governments' waivers.
SBI Card: Here are 10 key things about SBI Card Unnati
Fri, Jun 02, 2017
SBI Card had earlier this year launched SBI Card Unnati wherein it has waived off Rs 499 on the subscription of this credit card for the first four years and users have to pay the renewal fee of Rs 499 only from the fifth year of its subscription.
RBI should be looking at a repo rate cut in June policy, says Bhattacharya
Fri, Jun 02, 2017
RBI is set to announce its second bi-monthly monetary policy for financial year 2017-18. SBI feels a rate cut from the central bank is a must.
Finance Ministry initiates process for finding new State Bank of India's chief
Sun, May 28, 2017
As SBI's chief Arundhati Bhattacharya's extended four-year term comes to an end on October 6 this year, the Finance Ministry has initiated the process for finding new chief for the bank.
Exclusive talk with Arundhati Bhattacharya, Chairman,SBI over Q4 FY17 numbers of SBI
Sat, May 20, 2017
Exclusive talk with Arundhati Bhattacharya, Chairman,SBI over Q4 FY17 numbers of SBI. Watch this special segment and get to know more here.
Bad debt situation not that grim, recovery hopes intact: State Bank of India
Sat, May 06, 2017
State Bank of India (SBI), the country's largest lender, on Saturday said most of the nation's bad loans belong to industries that are still in business and banks will probably recover the write-downs when growth turns up and they perform again.
SBI targets Rs 1 lakh crore digital transactions in FY18
Fri, Apr 14, 2017
SBI announced on Friday that it targets to reach 5.2 lakh Acceptance Touch Points and collectively to do Rs 1 lakh crore digital transactions in the fiscal year 2017-18 (FY18).
State Bank of India sees profit boost in three years after bank units merged
Thu, Apr 13, 2017
The head of State Bank of India , the country`s largest lender, said she expects a boost to annual profit of as much as 30 billion rupees ($465 million) in three years on cost and efficiency gains from the absorption of associate banks.