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Sunday, September 29, 2024
TopicSBI

Topic: SBI

Banks have the money, but nobody is asking for credit amid low economic activity: SBI chief

SBI chairman Rajnish Kumar was optimistic of an economic revival once the lockdown, but cautioned that several sectors would take longer to recover.

Off The Cuff with Rajnish Kumar

Rajnish Kumar, Chairman, State Bank of India was the guest at ThePrint's digital ‘Off the Cuff’. Kumar said a lifting of the lockdown could...

Yes Bank investment not purely a commercial move, no hope for Jet revival: SBI chairman

At Off The Cuff, SBI chief Rajnish Kumar said depositor confidence is returning in Yes Bank, and it could stabilise over the next one year.

State Bank of India hikes home loan rates by up to 30 basis points

The decision has been taken amid market indications of increased credit risk for borrowers and realty firms in the wake of coronavirus pandemic.

Vodafone to NHAI to SBI to solar power — Why ‘cheapest’ mantra is creating havoc in India

Catering to the bottom of the pyramid with ‘cheap’ services has forced many businesses in India’s infrastructure sector to go belly up.

SBI credit card IPO slips on debut as stock markets crash again

SBI Cards’ shares opened at Rs 675, against Rs 755 apiece offer price as coronavirus pandemic cast a shadow over India’s first pure-play credit card issuer's listing.

‘Liberals’ rise to Sitharaman defence for slamming SBI chief, invoke gender

In a viral audio clip shared over the weekend, FM Sitharaman is purportedly heard rebuking SBI chairman and calling the bank ‘heartless’ and ‘inefficient’.

You are a heartless bank – ‘Nirmala Sitharaman blasts SBI chief’ in alleged leaked audio

Sitharaman is heard slamming SBI chief Rajnish Kumar for SBI’s failure to operationalise bank accounts of Assam’s tea garden workers, in purported audio clip.

Don’t withdraw funds from private banks, it’ll hurt financial stability, RBI tells states

RBI move is aimed at countering flight of deposits from private lenders to public sector lenders amid developments at troubled Yes Bank.

SBI gets approval to invest Rs 7,250 crore in crisis-hit Yes Bank

SBI will pick up 49 per cent stake in Yes Bank and cannot reduce its holding to below 26 per cent before three years from the date of capital infusion.

On Camera

Indians are musically poor. We aren’t a good market for cutting-edge international bands

Coldplay is an exception. Our taste in western music is orthodox, throwback, out-of-date. When Nirvana, Blur were big, we were still playing Pink Floyd, Queens.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?