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Cash shortage problem to be resolved by tomorrow: SBI Chief

To deal with currency shortage, the printing of Rs 500 notes have been increased 5 times.

19 April 2018 1:45 PM IST

People in many states are complaining of cash crunch at ATMs. (Photo: ANI | Twitter)

Dry ATMs revive DeMo horror, Congress slams government

Experts blamed a series of recent developments for suspected cash hoarding, resulting in a shortage of notes.

18 April 2018 1:42 AM IST

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, said SBI chief Rajnish Kumar.

24 Oct 2019 12:36 PM IST

SBI chairman designate Rajnish Kumar.

Indian Banks Association elects Rajnish Kumar as chairman

The government and regulators, said it has three top bankers from various lenders as its deputy chairmen.

19 Oct 2019 1:08 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

SBI chief to seek open offer exemption for Etihad Airways

Banking sources divulged that Etihad was unwilling to pay beyond Rs 150 per share for the cash-strapped Jet Airways.

24 Jan 2019 10:41 AM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

SBI takes work-life balance to a new high cutting mechanical lives in...

The programme, christened Nayi Disha or the new path, focuses on work-life balance and also involves the staffs...

17 Feb 2019 11:07 AM IST

No incidents of security breach reported, says SBI chief

On the bank's digital push, the chairman said, some 85 per cent of its entire transactions take place outside branches.

5 Feb 2019 10:37 AM IST

Lenders to make every effort to keep Jet Airways flying: SBI

Pilots union of Jet Airways had threatened to stop flying from April 1 if their salaries are not paid by Mar 31.

20 March 2019 4:39 PM IST

Air India chairman may meet SBI chief over leasing Jet Airways planes

The SBI-led consortium of lenders are now running the Jet Airways under a debt recast plan.

19 April 2019 2:12 PM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

Announcements made by FM are major enablers to support growth: SBI...

Bank recapitalisation at one go will provide a big impetus to credit growth.

24 Aug 2019 5:14 PM IST

Businesses with annual turnover of 500 million rupees will not have to pay a merchant discount rate on debit card and other digital modes of transactions, excluding credit cards.

Floating rates for bulk deposits on the cards?

Banks already have discretion to offer differential rate of interest on bulk deposits. Most of the bulk deposits are...

21 Aug 2019 1:17 AM IST

SBI to move RBI to offer fixed-floating rate home-loans: Chairman

SBI to move RBI to offer fixed-floating rate home-loans: Chairman

Floating rate loans are re-set as when the interest rates fall or rise, but fixed rate loans are reset in 9-12 months.

16 Sept 2019 9:54 AM IST