Both were appointed for 5 years, subject to the approval of shareholders, ICICI Bank said in a regulatory filing on stock exchanges.

LIC 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...

“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 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...

The development assumes significance amid reports that insurance behemoth LIC is mulling acquiring a majority stake in the debt ridden stat...

A graduate in Economics and a Master of Arts in History, Basu has held several key positions in State Bank of India.

M 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.

“We have also factored in a credit growth of around 10% in our calculations.”

"We have already stated that monitoring of SMA accounts has been intensified."

"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...

"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."

'It will definitely give a fillip to domestic demand and also to investments. I am sure this will translate into better growth figures."

"We are waiting for further guidelines from the regulator," State Bank of India Managing Director and Group Executive for National Banking ...

3935 properties were e-auctioned during the year so far and we realised about 575 crore and about 900 odd properties were bid successfully.

“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...

After 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...

State 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.