Banking giant HSBC has appointed former SBI chairman Rajnish Kumar as a non-executive director for its Hong Kong-based Asia unit. Kumar, who retired from the country’s largest lender after four...

The new State Bank of India (SBI) chairman Dinesh Kumar Khara on Wednesday indicated that the stress on its books because of Covid-19 was within “manageable limits” even as the lender has ...

It is incumbent on the telecom companies to find money and it will be safe to presume that they would have made some arrangements for it by now, SBI chairman Rajnish Kumar said on Friday. The comment ...

Public sector banks have initiated a bottoms-up consultative process at the branch level for a diagnosis of the limp credit growth in the economy that threatens to derail Prime Minister Narendra Modiâ...

The RBI on Wednesday cut its benchmark interest rate by 35 basis points to 5.40 per cent — the lowest in nine years.The rate cut was bigger than expected, with the RBI’s monetary policy committee ...

While net NPAs came down from Rs 99,236 crore to Rs 94,810 crore during the same period, the gross NPA ratio at 9.95 per cent saw a sequential drop of 74 basis points.During the quarter, while slippag...

Adolescents fall prey to addiction easier than adults and counselling at the right time is necessary. Lions Club International has decided to organise a teachers’ training workshop between March 9 a...

Rajnish Kumar, the chairman of State Bank of India, has tried to stir a debate on that old chestnut: the need for a unified regulator in the financial services industry. Every time a crisis rocks the ...

Debt-laden telecom firms hoping to secure loans from banks to bid for the spectrum auction may find it tough as SBI chairman Rajnish Kumar said banks would have to tread carefully as “probability of...

The decision by the State Bank of India (SBI) to link its short-term loans and savings deposits above Rs one lakh to the repo rate will have a less-than-desired impact on retail borrowers.Any reductio...