BharatPe appoints CFO Nalin Negi interim CEO as Suhail Sameer steps downSuhail Sameer’s exit comes at a time when the New-Delhi-based fintech is struggling to cope with an exodus at the leadership level.
SBI to focus on cost reduction, rationalisation to mitigate Covid-19 impact: Rajnish KumarState Bank of India, India's largest lender by assets and branch network, plans to save Rs 1,000 crore through such cost optimization, chai...
Agile boards take lead in helping India Inc navigate Covid bumpsThere has been an increase in the incidence of no-agenda, informal online board meetings.
SBI to hold virtual annual general meeting on June 17"Shareholders will be allowed to e-vote for electing four directors from a list of five candidates as per the provisions of the SBI Act and...
Online AGMs: A one-time affair, or a new beginning?Online AGMs would make it easier for managements to block out “uneasy” questions on the company’s operation matrices, some investors said. ...
Nepal SBI post 13 per cent growth in net profit for FY19Nepal SBI Bank, a subsidiary of State Bank of India, has posted a Rs 229.25 crore net profit for 2018-19, registering a growth of 13.29 per...
Bihar flood relief: SBI hands over Rs 1 cr cheque to CM Nitish KumarBihar CM thanked the SBI for displaying commitment towards social causes.
CBI registers 3 cases of banking fraud after Rs 136 crore loss to SBIhe second case was registered against Maheep Marketing Pvt. Ltd, its Directors Gajendra Sandim, Hemant Sanghvi and the three SBI officials ...
Jewellery chain Kanishk Gold defrauds 14 banks to tune of Rs 824.15 croreWhile the principle loaned is about Rs 824 crore, adding the interest due would indicate a loss of more than Rs 1,000 crore to the banks.
Delhi government urges RBI, SBI to exempt its staff from standing in queuesSince Prime Minister Narendra Modi had announced the demonetisation of high value currency notes on November 8, there have been long queues...
In next 6-9 months, we may be in a much better position on asset quality: Rajnish Kumar, SBIWhat are the takeaways from the SBI AGM and who is going to succeed Arundhati Bhattacharya at the helm
- Court restrains 7 from continuing as Tamilnad Mercantile Bank directors
A court has restrained seven directors of the Tuticorin-based private-sector bank, Tamilnad Mercantile Bank (TMB), from continuing as direc...
- Kanpur: Multi-crore scam in SBI, seven suspended
A multi-crore bungling of funds was unearthed at the main branch of the State Bank of India here on Wednesday.
- HDFC cuts new loan rates by 25-50 bps
HDFC has restructured its loan baskets to create a new product where loans up to Rs 15 lakh are available at 8.75%. Tax benefits on home lo...
- SBI in talks with Gulf investors for PE play
State Bank of India is talking to the governments of Qatar and sovereign entities in Oman to set up a private equity fund.
- SBI AGM killed in Mumbai terror attack
Assistant GM of SBI (Mumbai) P K Gopalakrishna was among those killed in the terrorist strikes in Mumbai, a family member said.
- Balmer Lawrie plans to hive off tea blending unit
Balmer Lawrie and Co Ltd says it plans to hive-off its tea blending unit in the UK after it turned economically unviable.