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CS SETTY
Joint Parliamentary Committee to start detailed scrutiny of FCRA billThe parliamentary panel will examine the FCRA bill on Tuesday to begin its scrutiny of the proposed legislation. SBI Chairman CS Setty, Att...- SBI targets Rs 2.4 lakh crore wealth management market, eyes shareholder value growthState Bank of India is expanding its wealth management services to existing customers. The bank aims to manage significant investments for ...
- Bank boards vet talent pool amid succession wave; six big lenders brace for leadership transitions through end-2027By 2027, leadership transformations are set to take place across several key Indian banks, with HDFC Bank and Kotak Mahindra Bank leading t...
- SBI chief Setty says $127 billion FCNR inflow won’t trigger lending surgeState Bank of India Chairman CS Setty addressed concerns regarding foreign currency deposit inflows. He stated these funds will be absorbed...
- Won't chase top-line growth at any cost: SBI General CEO on fire insurance pricing warSBI General Insurance will not chase fire insurance business at unsustainable prices. The company aims to improve profitability and maintai...
- Why WhiteOak CIO Ramesh Mantri prefers REITs, InvITs over high dividend yield stocksWhile yield will be the primary driver of returns for this Fund, capital appreciation is also expected to play a significant role. REITs an...
- SBI sees corporate loan pipeline at Rs 5 lakh crore: CS Setty, SBI, ChairmanThe State Bank of India forecasts a significant surge in corporate loan prospects, aiming for ₹5 lakh crore as companies pivot towards inve...
- Banks, companies better positioned to weather next downturn: CS Setty, SBI, ChairmanThe chairman of the State Bank of India underscores the nation's economic resilience, emphasizing the bank's robust standing in the financi...
- Home loan portfolio set to cross Rs 10 lakh cr milestone this quarter: SBI ChairmanThe mortgage portfolio of State Bank of India is set to hit a monumental Rs 10 lakh crore this quarter, highlighting its robust role in the...
- Banks continue to garner FCNR deposits at a brisk paceIndian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial fore...
- AI in banking must move beyond retail to farms, MSMEs: SBI Chairman SettyIn a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI's transformative potential for the Indian banking sect...
- Govt taps inputs from public sector banks to lure foreign capitalGovernment will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...
- RBI proposes leverage buffer for branches of global systemically important banksUnder the draft directions, a branch of a G-SIB operating in India will be required to maintain a minimum leverage ratio of 3.5 per cent, a...
- RBI has proactively helped UCBs; cooperatives should look at regulator differently: Amit ShahUnion Minister Amit Shah encouraged urban cooperative banks to view the RBI's support positively. He highlighted the central bank's proacti...
- SBI cannot separately calculate UPI costs: Chairman CS SettySBI chairman CS Setty said banks cannot separately quantify the operating costs linked to rising UPI volumes. As debate over merchant charg...
- SBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS SettyState Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI me...
- SBI's Q1 profit jumps 10% YoY on loan growth, beats Street estimatesState Bank of India announced a notable ten percent growth in net profit for the June quarter, driven by robust loan growth that amplified ...
- SBI Chairman Setty rules out asset quality stress in Q1, says seasonality distorts sequential NPAsState Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupe...
- SBI Q1 profit beats estimates on strong loan growth, asset qualitySBI reported a 10% rise in Q1 net profit to Rs 21,121 crore, beating estimates on robust loan growth and higher net interest income. Improv...
- Banks welcome RBI's steady rates, see boost to credit growthThe Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered infl...
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