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SBI chief slams 'selfish' pvt sector bank for Altico crisis

The default by Altico has resulted in concerns over the wider implications.

16 Sept 2019 9:35 AM IST

Account holders stand in a queue to withdraw money from YES Bank (PTI)

Yes Bank won't be merged with SBI: Prashant Kumar

The RBI has taken control of Yes Bank, after the lender failed to raise the capital it needs to stay above mandated...

9 March 2020 3:38 PM IST

SBI chairman Rajnish Kumar assured shareholders that the likely job cuts and salary reductions in the wake of COVID-19 pandemic. (PTI Photo)

Job cuts, salary reductions to have 'relatively low level' of stress...

As of now, only 21.8 per cent of the customers have availed the benefit of moratorium

22 Jun 2020 9:18 AM IST

The Custodian of Trust: A Bankers Memoir (Photo By Arrangement)

Gritty banker's candid memoir newsy and filled with insights

In his memoir, Kumar shares his "incredible journey" as a banker from joining SBI as a probationary officer to becoming...

14 Aug 2022 12:00 AM IST

The call for privatisation gathered currency after diamond jeweller Nirav Modi allegedly colluded with some officials of PNB to fraudulently obtain guarantees so as to avail of loans from Indian banks overseas. (Photo: File)

PNB scam 'one-off incident': SBI chief rejects privatisation call

Earlier in February, Finance Minister Arun Jaitley had ruled out privatisation of banks.

14 March 2018 1:38 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.

Banks to opt for liquidation if bid prices are low: SBI

The first set of 12 large corporate defaulters identified by the central bank in June last year.

8 May 2018 8:59 AM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI to modify rules for startup investments

At present, the entire bank runs from its global technology centre at Belapur in Navi Mumbai.

3 Jun 2018 6:08 PM IST

State Bank of India

SBI plans to increase Yono user base to 250 million in 2 years

At present 2.5 million users are registered under Yono.

8 Aug 2018 4:56 PM IST

SBI to return to profit in Q2FY19

Mr Kumar, however, was hopeful that the country's largest lender will be able to achieve a stable growth in advances.

25 Aug 2018 12:26 AM IST