ICICI Bank appoints B Sriram, Rama Bijapurkar independent directorsBoth were appointed for 5 years, subject to the approval of shareholders, ICICI Bank said in a regulatory filing on stock exchanges.
IDBI Bank MD, CEO B Sriram retires; government yet to decide on new chiefLIC has received approval to increase its stake in the bank to a maximum of 51 percent to help it stay afloat amid the bad loan crisis it i...
IDBI Bank’s B Sriram likely to get 5-year term post LIC deal“The board will be reconvened, and it is up to LIC to induct new board members if it so decides, but Sriram will continue to be at helm,” a...
Sriram takes charge as MD and CEO of IDBI BankSriram was appointed MD and CEO in place of Mahesh Kumar Jain who recently took charge as deputy governor of the Reserve Bank of India (RBI...
B Sriram resigns as SBI MD amid IDBI stake sale buzzThe development assumes significance amid reports that insurance behemoth LIC is mulling acquiring a majority stake in the debt ridden stat...
Arijit Basu to be State Bank of India's new Managing DirectorA graduate in Economics and a Master of Arts in History, Basu has held several key positions in State Bank of India.
SBI's B Sriram to take additional charge of IDBI Bank, MK Jain to join RBI soonM K Jain will be the fourth DG at the central bank. The post has been vacant since july 2017 after S S Mundra completed his term.
SBI has no immediate need for raising capital, but we are looking at a few non-core biz: B Sriram“We have also factored in a credit growth of around 10% in our calculations.”
SBI is confident haircuts will be moderate: B Sriram"We have already stated that monitoring of SMA accounts has been intensified."
SBI may close some foreign branches after review"We do a yearly review of our international operations, but this time we are doing a medium-to-long-term strategic review of our foreign op...
Maximum exposure in UK on international business: B Sriram, SBI"Of the international book, maximum exposure comes from UK at the moment and some from West Asia. In fact, we are still growing in UK."
50 bps rate cut will see revival in investment cycle: B Sriram, SBI'It will definitely give a fillip to domestic demand and also to investments. I am sure this will translate into better growth figures."
New fund cost calculation: SBI says awaiting clarity from RBI"We are waiting for further guidelines from the regulator," State Bank of India Managing Director and Group Executive for National Banking ...
Recoveries have been good so far: B Sriram, SBI3935 properties were e-auctioned during the year so far and we realised about 575 crore and about 900 odd properties were bid successfully.
SBI initiates three-pronged strategy to boost its home loan business“We are looking to grow home loans at 15%-17% in FY16 and how to leverage our group resources,” said B Sriram, MD and group executive (nati...
SBI home loans rocking at Rs 188 crore a day; targets Rs 250 croreAfter it waived off the processing fee late September as part of its festive offering, the bank is disbursing close to Rs 200 crore home lo...
SBBJ may see drop in net interest margin at 3.25 per cent in FY14: MD B SriramState Bank of Bikaner and Jaipur may witness a drop in its net interest margin to 3.25 per cent in 2013-14, Managing Director B Sriram said.