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Arundhati Bhattacharya

Jobs shower on former SBI chief Arundhati Bhattacharya; after RIL, joins Wipro; more to come

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

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

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.

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Post merger: SBI cuts staff by atleast 10,500 in 1HFY18

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

After SBI's Bhattacharya, RBI Guv Patel speaks out against farm loan waivers

After SBI's Bhattacharya, RBI Guv Patel speaks out against farm loan waivers

Thu, Apr 06, 2017

On March 15, Arundhati Bhattacharya, Chairperson, SBI said that farm loan waivers may disrupt credit discipline among borrowers.

State Bank of India says does not expect bad loan surprises post merger

State Bank of India says does not expect bad loan surprises post merger

Mon, Apr 03, 2017

Post-merger, all the customers of associate Banks will enjoy access to a wide array of digital products and services offered by the State Bank of India, the lender said.

SBI merges 5 Associate Banks; operations begin from today

SBI merges 5 Associate Banks; operations begin from today

Sat, Apr 01, 2017

The merged entity will have a deposit base of more than Rs. 26 lac crores and advances level of 18.50 lac crores.

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