Diwakar Gupta

Arundhati Bhattarachya becomes first woman to head SBI

Arundhati Bhattacharya on Monday became the first woman to head India's largest bank, the mighty State bank of India. Bhattacharya who takes charge as chairperson was appointed as MD & CFO of the bank after Diwakar Gupta retired.

CFO today needs to be a Jack of all trades: Experts

Beyond the traditional role of a CFO, today the focus has shifted to integrity, compliance, regulation, cost control and governance. And from there to strategy because strategy today drives bottom-lines to a very large extent, whether you need to merge, divest, or whether you need partnerships and so on

Calculating corporates' unhedged exposure a tall task: SBI

Speaking to CNBC-TV18, Diwakar Gupta, MD & CFO of the country's largest lender State Bank of India says the biggest problem will be calculation of corporates' un-hedged exposure.

No cartel on rate cut, but have to answer shareholders: SBI

It is not cartelisation or a wilful action on the part of banks not to pass cuts, said Diwakar Gupta, Managing Director, State Bank of India adding that there were several global banks which had net interest margins in the range of 3 percent.

RBI repo cut: Will banks reduce interest rates?

Banks may not cut interest rates anytime soon, despite a 25 basis point-reduction in the repo rate, the rate at which RBI lends to banks. Hence, there will be no immediate relief for your equated monthly installments (EMIs) be it for home or auto loans. Similarly, companies will have to wait for some more time to get cheaper loans.

SBI eyes CRR cut along with repo to pass on benefits

Diwakar Gupta, MD & CFO of State Bank of India wants a repo as well as a cash reserve ratio (CRR) cut. He further added that the market is expecting the central bank to ease repo rates by 25 basis points.

Will restructure loans worth Rs 7000 cr in 1 year : SBI

The new draft rules of restructuring will help to build in additional contingencies opines managing director and chief financial officer of State Bank of India, Diwakar Gupta.

Need Rs 12K-17K crore in 2 yrs; see signs of revival: SBI

Diwakar Gupta, MD & CFO of State Bank of India informed that they are undertaking road shows to focus on under valuation of public sector banks and to attract foreign institutional investors.

SBI rises on fund infusion clearance from govt

Country's biggest lender State Bank of India (SBI) gained as much as 0.87 percent to Rs 2,392 on Thursday after the bank said the government has cleared fund infusion of Rs 3,004 crore.

Don't see much impact of Banking bill on us: SBI

Diwakar Gupta, MD & CFO, State bank of India doesn‘t expect the Banking Amendment bill to have much impact on the bank if it goes through in the Parliament.

Trying to help revive Kingfisher: SBI

State Bank of India, the lead banker in the 17-lenders consortium that extended Rs 7,000 crore loans to the now grounded Kingfisher Airlines, today said the banks are "trying to do everything to find an amicable solution" to the carrier's financial troubles.

Hike in provisioning neutral for SBI: Diwakar Gupta

Besides announcing a cut in the CRR, the Reserve Bank also raised provisioning on restructured assets to 2.75 percent from 2 percent earlier. How will this impact SBI?

Expert tips on long-term investment, stock picking

No discussion on India‘s banking sector is ever complete without a mention of India‘s largest public sector bank, the State Bank of India. SBI has taken initiative to help its employees in making better investment choices.

Cannot rule out haircut on loans to larger projects: SBI

Diwakar Gupta, MD & CFO of State Bank of India (SBI) says a three-year delay for an infrastructure project could be lead to it becoming "completely unviable".

Asset quality remains a concern, says SBI

In an interview to CNBC-TV18, Diwakar Gupta, managing director and chief financial officer of SBI says asset quality remains a concern at this point. "Coal blocks cancellation will raise concern on many projects," he adds.

Unable to pass rate cut benefits to old borrowers: SBI

Diwakar Gupta, MD & CFO, SBI said the rate cut will stimulate demand for homes and autos but won't impact the company's margins in a big way.