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State Bank of India

09 Jun 2022

Ex-HDFC Bank CEO earned 40 times more in FY21 than SBI chairman's pay

Khara's compensation increased by at least 13.45% in the FY 2021-22. There is a huge pay gap between the packages offered by state-owned and private firms. Former HDFC Bank CEO Aditya Puri earned Rs 13.82 crore in his retirement year.

07 Apr 2022

‘Ab Nani Yaad Aayegi,’ says ex-BharatPe CEO Ashneer Grover on firm's ops

Grover had quit BharatPe saying he was being forced to bid adieu the company he founded. BharatPe had alleged that Grover and his family were engaged in extensive misappropriation of company funds.

20 Sep 2018

SBI not right candidate to take over more banks: Chairman

SBI last year merged with itself five of its subsidiary banks and taking over Bharatiya Mahila Bank, catapulting it to be among top 50 global lenders.

09 Feb 2018

Bad loans hurt state-run banks, push SBI to surprise third-quarter loss

Bad loans in PSBs have nearly doubled in the past four years as an economic slowdown took its toll on the ability of companies to repay debt.

State Bank of India

05 Oct 2017

New boss of SBI promises to tackle bad debt, seize opportunities

Rajnish Kumar said SBI had tackled issues that came as a result of that deal and asset quality numbers would "look much better than in the past".

04 Oct 2017

Rajnish Kumar appointed new SBI chairman

He will succeed Arundhati Bhattacharya, who is at present serving her one-year extension, that ends on Friday.

State Bank of India

16 Sep 2016

SBI hopes to achieve 12% SME credit growth

Country`s largest lender State Bank of India (SBI) hopes to achieve a 12 percent credit growth for financing Small and Medium Enterprises (SMEs) in the current fiscal, a bank official said on Friday.

Largest bank of India

08 Nov 2015

Will not allow bad loans to rise in FY'16: State Bank of India

Country's largest lender State Bank of India (SBI), which saw a drop in bad loans in the July-September quarter, has stepped up efforts to bring down NPAs further to the last financial year's level.

26 May 2015

Rajnish Kumar takes over as fourth MD of SBI

Country's largest lender State Bank of India Tuesday said the government has appointed Rajnish Kumar as the Managing Director - Compliance and Risk department.

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