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SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman

SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.

PTI   


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Discouraging retail play in F&O may help banks garner deposits: SBI Chairman

Khara said the budget announcements like the tweaks on the short-term and long-term capital gains w…

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SBI able to support loan growth, lower deposit growth not a challenge: Khara

Some experts have been opining that this is due to flow of savings into higher yielding capit…

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Global cyber outage: Banks, payments systems unaffected by Microsoft outage

HDFC Bank, the biggest among the private sector lenders, also said that it has not faced any impact…

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India unlikely to be hit as hard by global recession as other countries: SBI chairman

With a projected growth rate of 6.8 per cent and inflation "much under control", India is doing …

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Union Bank of India MD & CEO Rajkiran Rai is new chairman of IBA

Indian Banks' Association (IBA) on Friday said Union Bank of India's MD and CEO Rajkiran Rai G has …

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SBI’s new chief Dinesh Khara shares his stance on restructuring, capital raising, hiring, and more

Dinesh Khara held his first press conference today as the new chairman of India’s largest banking e…

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Dinesh Khara steps in as new SBI chairman as Rajnish Kumar's term comes to an end

The government has approved the appointment of Dinesh Khara as the chairman of India’s largest bank…

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SBI Chairman Rajnish Kumar hints ₹10,000 crore MSME Fund of Funds will be operational soon

The objective of the Rs 10,000 crore Fund of Funds scheme is to help MSMEs with growth potential at…

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SBI enters social loan market, raises $1 billion from overseas markets

The deal is the largest ESG (Environmental, Social and Governance) loan by a commercial bank in the…

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SBI WhatsApp service launched — here’s how to register, check account balance and more

India’s largest public sector lender, the State Bank of India (SBI), has launched its WhatsApp bank…

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Plenty of liquidity available in the system: SBI chairman

He said that government has taken steps to make direct bank transfers, a lot of emphasis on helping…

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SBI Chairman has brought back the debate on wide salary gap between private and government banks

The statement has yet again raised the issue of widening pay gap among the private and public ba…

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There is risk aversion at borrowers' end, says SBI Chairman

The main objective of the scheme is to provide an incentive to member lending institutions (MLIs) l…

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RBI measures to help revive economy: SBI Chairman

"The entire effort of the government and the RBI is to revive the growth in the economy and at the…

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Indian economy in transition phase, growth to come back: SBI Chairman

"Growth can come back.Because of a lot of (reforms), economy is in transition.We had GST (goods and…

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Likely job cuts, salary reductions to have relatively low impact on SBI: Chairman

Observing that the full impact of COVID-19 outbreak will be felt in the current financial year, Ku…

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Rupee likely to stay stable if crude prices remain at current levels: SBI chairman

"If the crude oil (prices) remain where they are, then there will be much less pressure on it. Our…

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Banking industry's NPA situation to improve by fiscal-end: SBI chairman

New Delhi, Dec 21 () SBI Chairman Rajnish Kumar on Saturday said most banks will be in a good posit…

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Banks will have to pay price if any telco files for bankruptcy: SBI Chairman

"If there is a negative impact on any enterprise, it impacts a larger ecosystem, whether it is ban…

PTI