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Reports indicate that after Punjab National Bank (PNB) and State Bank of India (SBI), now Union Bank of India has been hit by a fraud. In an interview to CNBC-TV18, Rajkiran Rai G, Managing Director & CEO of Union Bank of India spoke about the latest happenings in his company and sector.
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We have submitted from lenders perspective or as a sound advice that it is not right strategy for discoms to rely solely on short-term PPAs. The long-term PPAs are in their own interest, said Rajnish Kumar, Chairman of State Bank of India.
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The power minister has said that State Bank of India is "worried" about its exposure to the Mundra power projects of both Adani Power and Tata Power. He also went on to express concerns over stressed assets in the power sector as a whole. In an interview to CNBC-TV18, Sunil Srivastava, Deputy MD of SBI spoke about the same.
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In an interview with CNBC-TV18’s Timsy Jaipuria, Rajnish Kumar Chairman of State Bank of India (SBI) shared his views and readings on goods and services tax (GST), real estate regulatory authority (RERA), insolvency and bankruptcy code (IBC) and gross domestic product (GDP).
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The four-day, Kotak Institutional Equities-Chasing Growth Conference is underway in Mumbai. In an interview to CNBC-TV18, Rajnish Kumar, Chairman of State Bank of India (SBI), from the sidelines of the conference, spoke about the latest happenings in SBI and also shared his views on the fraud at Punjab National Bank (PNB).
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In an interview to CNBC-TV18, Rajeev Chandrasekhar, MP of Rajya Sabha, and Hari Prasad, the Whistleblower who wrote letter to the PMO of a possible scam at PNB in 2016 discussed the key developments of the scam.
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CNBC-TV18’s Ritu Singh caught up with Rajnish Kumar, Chairman of State Bank of India (SBI) and asked his expectations from the Money Policy Committee (MPC) in today's credit policy.
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In an interview with CNBC-TV18's Rajnish Kumar, Chairman of State Bank of India (SBI) gave his take on Arun Jaitley's Union Budget, his outlook on the road ahead as well as what is happening with the 10-year yield.
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Country's largest lender State Bank of India (SBI) has hiked bulk deposit rates by 50-140 basis points effective today. "We have aligned bulk deposit rates with retail deposit rates and the hike will not impact the cost of funds in a significant manner," PK Gupta, MD of SBI said in an interview to CNBC-TV18.
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The NLC India stock will be in focus as a Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and State Bank of India (SBI) consortium will lend about Rs 11,000 crores to the company's power plant in Uttar Pradesh (UP). In an interview with CNBC-TV18, SK Acharya, Chairman of NLC India spoke about the latest happenings in his company and sector.
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State Bank of India (SBI) reduced base rate by 30 bps. In an interview to CNBC-TV18, PK Gupta, MD of SBI spoke at length about the same.
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In Securities and Exchange Board of India’s (SEBI) last board meeting for 2017 on December 28, the market regulator has said that no entity can have stake in more than one mutual fund up to over 10 percent. One instance would be UTI Mutual Fund (MF) where State Bank of India (SBI), Bank of Baroda (BoB), Punjab National Bank (PNB), LIC, the sharehnolders, all have their own separate MF units.
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Crop insurance has been a positive move for farmers, Rajnish Kumar, Chairman of State Bank of India (SBI) said.
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State Bank of India (SBI) has raised rates on deposits of about Rs 1 crore and above by 100 bps across on maturities. In an interview to CNBC-TV18, Pawan Kumar Bajaj, MD of United Bank of India shared his views and readings on the same and what his bank is planning.
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In an interview to CNBC-TV18, Rajnish Kumar, Chairman of State Bank of India shared his views and readings on the bankruptcy code change.
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The cabinet has cleared a mega Rs 2.11 lakh crore bank recapitalisation plan, of this Rs 1.35 lakh crores will come via special bonds while the rest will come in via budgetary and market support. In an interview to CNBC-TV18, Rajnish Kumar, Chairman, State Bank of India shared his views and outlook on the same.
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Do not expect such high divergence for other banks and what happened with Axis Bank to happen with the peers, says Srikanth Vadlamani, VP-Financial Institutions Group, Moody's.
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It will be my responsibility to carry forward the work done by Arundhati Bhattacharya, said newly appointed State Bank of India (SBI) Chairman, Rajnish Kumar in an interview to CNBC-TV18.
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Government sticks to its borrowing calendar for the financial year but does not rule out additional borrowing if the need arises reiterates in talks with the Reserve Bank of India (RBI) for additional dividend. In an interview to CNBC-TV18, Venkat Nageswar Chalasani, Deputy Managing Director – Global Markets, State Bank of India assesses the impact on bond market.
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State Bank of India has cut the interest rate for 1 year deposits by 25 basis points (bps) for both general public and senior citizens. In an interview to CNBC-TV18, Rajnish Kumar, Managing Director of State Bank of India spoke about the same.
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State Bank of India (SBI) has reduced the charges for not maintaining minimum balance on its accounts. In an interview to CNBC-TV18, Rajnish Kumar, MD of SBI spoke about the same.
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CNBC-TV18's Ritu Singh is in conversation with State Bank of India (SBI) Chairman, Arundhati Bhattacharya, at the side-lines of the Centrum Conference.
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The potential of the micro, small and medium-sized enterprises (MSME) sector is huge. This sector is driven by about 40 million MSME producing over 6,000 products and providing employment over 100 million people in the country.
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In a landmark step, SBI cut interest rates on savings accounts that hold less than Rs 1 crore. This is the first such move by any bank in India's history. In an interview to CNBC-TV18, Dinabandhu Mohapatra, MD & CEO of Bank of India and Vivek Rajpal, Rates Strategist at Nomura assessed the impact on the sector.
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One deal that has been pending for several months is a stake sale in State Bank of India’s (SBI) cards and GE has finally exited their joint venture with SBI on the cards business and Carlyle has come in as a minority investor there.
