Tag: State Bank of India
SBI, Oriental Bank put stressed accounts on sale to recover dues...
In a bid to recover dues worth Rs 5,740 crore public sector lender State Bank of India (SBI) and Oriental Bank of Commerce (OBC)...
ICICI Bank names B Sriram, Rama Bijapurkar as its independent directors
Private lender ICICI Bank has appointed former State Bank of India’s (SBI) Managing Director B Sriram on its board as independent director.
The bank has...
NSE appoints Shiv Kumar Bhasin as Chief Technology & Operations Officer
State Bank of India’s former global Chief Technology Officer Shiv Kumar Bhasin has joined National Stock Exchange of India Ltd. (NSE) as its new...
SBI set to raise Rs 3,000-5,000 crore via perpetual bonds
India’s biggest lender the State Bank of India (SBI) is likely to raise Rs 3,000-Rs 5,000 crore by selling perpetual bonds, a quasi-debt instrument. This...
OP Bhatt quits as External Expert of Search and Selection Committee...
OP Bhatt, former State Bank of India (SBI) Chairman has resigned from the panel formed by private lender YES Bank for selecting a successor...
SBI puts 11 NPA accounts on sale to recover Rs 1,019...
Public sector lender State Bank of India (SBI) has put up 11 Non-Performing Assets (NPAs) for sale to Asset Reconstruction Companies (ARCs) and financial...
SBI downsizes ATM withdrawal to Rs 20,000 for selected card holders
India’s largest lender the State Bank of India (SBI) has halved the daily withdrawal limit from ATMs to Rs 20,000 on Classic and Maestro...
SBI, Hitachi Payments join hands for digital payment platform
India’s largest lender State Bank of India (SBI) has entered into a strategic partnership with Hitachi Payment Services India, in a bid to establish...
How banking system is reforming in India?
NPAs (Non-Performing Assets) place serious burdens on lenders, the most obvious of which is a reduced cash flow impacting budgets and disrupting earnings. For...
SBI set to raise around Rs 25,000 crore in FY19
India’s largest public sector lender the State Bank of India (SBI) has planned to raise up to Rs 25,000 crore during the financial year...
