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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…

PTI   


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RBI unlikely to cut interest rate in 2024: SBI chief Setty

"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…

PTI   


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3 mins read

RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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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…

PTI   


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4 mins read

Electoral bonds: Plea seeks contempt action against SBI for disobeying SC's order

A petition has been filed in the Supreme Court seeking contempt action against the State Bank of In…

PTI   


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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…

PTI   


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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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Indian bank deposits better protected than in US: SBI report

Analysis of insured customer deposits across multiple geographies initiated in the wake of bank run…

ANI   


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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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Bankers say private capex will take one more year to revive

Banking industry's lobby grouping Indian Banks Association's chairman A K Goel said the increased c…

PTI   


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3 mins read

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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India’s biggest lender appoints Alok Kumar Choudhary as new MD soon after top brass rejig

Seasoned banker Alok Kumar Choudhary was appointed as the managing director of India’s largest publ…

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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…

PTI   


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1 min read

About 20% SBI borrowers avail loan repayment moratorium: Chairman

"Right now, the moratorium will take care of the situation around the cash flow disruptions. I woul…

PTI   


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About 20% SBI borrowers opt for loan repayment moratorium: Chairman

"Right now, the moratorium will take care of the situation around the cash flow disruptions. I woul…

PTI   


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SBI not approached by any telco to finance AGR dues, say chairman

The comments on telecom companies come on a day when the Supreme Court made it clear that they wil…

PTI   


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5 mins read

India’s 20 state owned banks get about $5 billion back from a loan written off and they are thrilled

The amount of ₹34,250 crore ($4.61 billion) paid by Piramal will be through a combination of cas…

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WhatsApp Pay strengthens its UPI offering — ties up with SBI, ICICI Bank, HDFC Bank and Axis Bank

Facebook-led payments service WhatsApp Pay has partnered with four major banks in India – State B…

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Breather for Anil Ambani as Supreme Court dismisses SBI plea

The Supreme Court bench, headed by Justice L. Nageswara Rao, directed the Delhi High Court to co…