May 24, 2016 at 13:52 | Source: PTI
"As you may be aware, Kingfisher Airlines, a group company of UBHL, is in debt to several banks. In this regard, Vijay Mallya, Chairman of UBHL, has made a settlement offer before the Supreme Court to the consortium of banks headed by SBI," the company said in the letter.
May 18, 2016 at 12:01 | Source: Moneycontrol.com
Brokerages, which see the merger a positive development, said employee integration and their costs will be key to watch out for when the merger takes place. According to them, the merger is long-term positive for the bank but financially, it may be negative in the near-term due to higher retirement costs.
May 17, 2016 at 18:59 | Source: CNBC-TV18
The merger will cut out overlaps with six treasuries being bundled off into one and provide scope for branch rationalisation, said Arundhati Bhattacharya, Chairman of SBI after bank's board gave in-principle approval to merge Bhartiya Mahila Bank and five associates with itself.
Apr 21, 2016 at 14:08 | Source: CNBC-TV18
The memo was filed with respect to a USD 75 million severance package Diageo-controlled United Spirits had given to troubled tycoon Vijay Mallya, its erstwhile chairman.
Apr 07, 2016 at 12:36 | Source: PTI
SBI Chairman and Managing Director Arundhati Bhattacharya has been ranked second on the 2016 'Asia's 50 Power Businesswomen' list that features trailblazing women from China, Indonesia, Australia, Vietnam, Thailand, Hong Kong, Japan, Singapore, the Philippines and New Zealand.
Mar 07, 2016 at 12:26 | Source: Reuters
MUMBAI/BENGALURU (Reuters) - Liquor baron Vijay Mallya said he was in talks with banks for a one-time settlement of debt that his now-defunct Kingfisher Airlines owes, adding that he had no plans to run away from his creditors.
Mar 02, 2016 at 21:14 | Source: PTI
"It's a good move. We always wanted to be brought in line with Basel III...It will be a substantial sum (that will get unlocked)," SBI chairman Arundhati Bhattacharya told reporters on the sidelines of a CBI event on banking frauds and cyber crimes
Feb 25, 2016 at 09:04 | Source: CNBC-TV18
In a special pre-Budget series, Ideas for India, Latha Venkatesh discusses what the Budget can do to improve the banking sector and thereby improve lending in the economy. Pratip Chaudhuri, Former Chairman of SBI, MR Umarji, Former Legal Advisor to the IBA & one of the authors of the Bankruptcy Code Panel and Rajat Bahl, Director, CRISIL Ratings.
Feb 16, 2016 at 13:44 | Source: CNBC-TV18
Arundhati Bhattacharya, Chairman of State Bank of India (SBI) says non-performing assets (NPAs) to rise in Q4 as well, profitability will get impacted.
Feb 15, 2016 at 14:48 | Source: PTI
"The core banking solution (CBS) or digital connectivity of the postal department has surpassed the State Bank of India's digital connectivity," Prasad said at a special session on the third day of the ongoing Make in India week here.