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MRUTYUNJAY MAHAPATRA
Merger won’t slow down business: Syndicate BankSyndicate Bank has three-percentage-point higher capital compared to the minimum requirement.
Syndicate Bank expects Rs 4,000 crore from NPA recovery in FY20During the first quarter ended June 30, Syndicate Bank reported narrowing of its net loss to Rs 980.46 crore due to fall in provisioning fo...
Syndicate Bank looks to make profit, grow loan book by 13% in FY20The bank has a fortnight back received board clearance for raising Rs 500 crore during 2019-20 by way of qualified institutional placement ...
Syndicate Bank to bring down NPA in the current yearThe bank chairman and CEO Mrutyunjay Mahapatra said the bank has made a profit in the third quarter after loss in the previous quarters of ...
Syndicate Bank MD draws up growth, clean-up plansThe government had decided to tap SBI with the object of bringing some of the best practices of the country’s largest bank into smaller nat...
EDs of nationalised banks eligible to become MD of SBI: Finance MinistryMoving away from the tradition, deputy managing directors (DMDs) of SBI were appointed managing directors in several nationalised banks ear...
Syndicate Bank to raise Rs 500 crore via stock optionsThe bank will issue 300 million shares to employees to raise this capital.
With customers’ nod, banks keep using Aadhaar for e-KYCFor instance, Canara Bank executive director M V Rao said the bank is continuing to do Aadhar-based e-KYC with customer consent.
Govt appoints MDs, CEOs in 10 nationalised banks; 5 from SBI aloneFive of the 10 newly named MDs and CEOs are working as deputy managing directors in SBI.
SBI ties up with Jio to accelerate digital transactionsAbout 1.5 crore of 42 crore SBI customers are using Yono now while the banking behemoth expects the number to multiply with the partnership...
SBI sees mobile banking transactions at 3,360 lakh in FY19In FY18, the number of its mobile banking transactions stood at 2,706, with a total volume of Rs 6,00,502 crore.
After merger, SBI eyes full integration in six weeksWhile this merger will catapult SBI into the world's top 50 banks, the PSU major with around $450 billion in assets would still be fourth a...
IIT Kharagpur and State Bank of India develop a customised portal for intellectual propertyThe IPDaas will facilitate streamlining patent applications for solutions developed internally and thereby making them available for extern...
SBI adopts a village to make it cashless“In 30-days time, the entire village will turn cashless,” SBI deputy managing director and CIO Mrutyunjay Mahapatra told ET.
NCR bags largest ATM order from SBI for over 7,000 machinesSBI Deputy Managing Director and Chief Information Officer Mrutyunjay Mahapatra said, "We are pleased to be associated with market leaders ...
Banks may soon provide personal loan through ATM machineBanks are using big data analysis capturing facts such as the customer’s work profile, income, personal details, payment capacities to deci...
Now, get a personal loan from your ATMInterestingly , banks are using the ATM machine --a touch point that attracts all kinds of customers throughout the day -to push their fina...