Dinesh Kumar Khara

Currently, banks have to maintain a CRR of 4.5% on their total deposits, with no distinction provided for green deposits.

Economic climate encouraging; 7.3% GDP growth estimate very positive: SBI chairman

Speaking to PTI on the sidelines of the biennial Vibrant Gujarat Global Summit here, Khara said the overall economic climate is "very encouraging" at present.

SBI's unsecured lending to see moderation after RBI's tightening: Chairman

He said the impact of higher risk weights will have a 0.02-0.03 per cent impact on its net interest margins in the December quarter, but a better picture will emerge in the next quarter.

CBDC can be explored for settlement in primary G-Sec market: SBI Chairman

Currently, the wholesale pilot of CBDC can only be used for settlements in the secondary market.

Bank deposits and debt MFs 'Overlapping, but not competing,' says SBI Chairman as taxes turn unfavorable for latter

As per proposed amendments, debt funds having not more than 35 percent investment in equity shares would be taxed as per income tax slab level or may be treated as short-term capital gains.

SBI will continue to maintain asset quality even as loans boom: Chairman Dinesh Kumar Khara

Speaking at an economics conclave organised by SBI, Khara also exuded confidence that the country's banking system will be able to maintain its high loan growth as banks have internalised learnings from the last high growth cycle.

Banking system better placed to sustain loan growth: SBI chief

Khara said learnings from the last cycle of high loan growth which ultimately led to a huge spurt in sour loans have been internalised by the banking system.

SBI Mutual Fund's IPO plan shelved for now, says SBI chairman Dinesh Kumar Khara

SBI Mutual Fund, the country's largest asset manager with around Rs 6.5 lakh crore in asset under management, had in February selected seven merchant bankers for a USD 1-billion IPO. But soon the markets turned volatile with the Russian invasion of Ukraine later in that month.

Rising interest rates to positively impact net interest margin: SBI chairman

Also, why Dinesh Kumar Khara sees inflation as positive to some extent for economy, and more

Banking Central | Bad Bank is ready; can it make a difference?

The Bad Bank will absorb bad assets from banks but proper execution and asset resolution will be key to make sure the project doesn’t meet the fate of some of the earlier initiatives.

India ready to move into next orbit of growth: SBI Chief Dinesh Kumar Khara

The kind of vaccine drive the country has seen makes all the Indians proud, especially because the domestically produced vaccine is being used in a big way, Dinesh Kumar Khara said at the India Pavilion at EXPO2020 Dubai.

SBI now has a floating ATM at Dal Lake in Srinagar

SBI said that the floating ATM in the popular Dal Lake fulfils a long-standing need and will also be an added attraction to the charm of Srinagar.

SBI asset quality remains healthy: Chairman Dinesh Kumar Khara

The macroeconomic situation is not the same as it was in April, and with the ease in restrictions post lockdown, we have seen a recovery process which led to growth in different pockets, Dinesh Kumar Khara said.

State Bank of India expects RBI to hold interest rate

India's retail inflation remained above 7% in October for a second straight month, with vegetable prices at elevated levels. At current levels, inflation is well above the RBI's medium term target of 4%.

Economy expected to bounce back from next fiscal: SBI chairman Dinesh Kumar Khara

There will be a "paradigm shift” which will lead to a more matured economy” with economic players learning to contain costs, he said.

Connecting with farmers still a challenge due to COVID-19, says SBI chairman Dinesh Kumar Khara

State Bank of India on November 4 registered a significant 51.9 percent year-on-year growth in standalone profit for the September quarter

Meet Dinesh Kumar Khara, SBI’s new chief

Khara’s ascension to the chairman post comes at a time when the banking industry is facing an unprecedented challenge. The onset of COVID-19 has put the banking industry on the back foot; there is a likely build-up of huge asset quality pressure across verticals. And SBI isn’t immune to the COVID pandemic.

Merged SBI entity may reduce job hirings by 30,000

The State Bank of India (SBI) merger with its five associate banks is likely to close the door to future job recruitments at the merged entity.

Grace time to repay crop loans to benefit 5 lakh farmers: SBI

Dinesh Kumar Khara, Managing Director & Group Executive ((Associates & Subsidiaries), State Bank of India said from the bank‘s point of view, around 5 lakh farmers would benefit from this extension scheme.

Why BoI's Padmanabhan is not optimistic of stressed assets

G Padmanabhan, Non-Executive Chairman of Bank of India said banks will be able to pass on the rate cuts given the mark-to-market gains we are sitting on, and the success seen in cleaning up a reasonable amount of bad assets.

Anuradha Rao appointed as MD, CEO of SBI Mutual Fund

Prior to this, Rao was Deputy Managing Director at SBI handling New Business Portfolio. She has also worked as the Chief General Manager of personal banking at the bank.

Cabinet Committee appoints Dinesh Kumar Khara as SBI's MD

The Appointments Committee of Cabinet (ACC) has appointed Dinesh Kumar Khara for a period of three years, extendable by two years after review of his performance, an order issued by Department of Personnel and Training said.

SBI MF appoints Dinesh Khara as MD and CEO

Khara joined State Bank of India as a Probationary Officer in 1984. Over his relationship of 29 years with the State Bank of India, Khara has held many senior positions, the fund house said in a statement.