Op Bhatt

Sources have revealed OP Bhatt, M Srinivasan and Andrew Robb refused to back Nusli Wadia's pro-Mistry resolution.

Pratip Chaudhuri stint as SBI chmn ends: Here's a look back

Ominous shadow cast by his predecessor continued to haunt Chaudhuri during his entire tenure.

OP Bhatt appointed as board member of Stanchart Plc

Ex-State Bank of India chairman, OP Bhatt has been appointed as independent non-executive director on the Board of Standard Chartered Plc.

TCS embracing the future: Tata bye-bye, hello Mistry!

Ratan Tata presented his new army at the TCS annual general meeting. OP Bhatt and Cyrus Mistry have been appointed as the new Directors on the board.

FM praises SBI boss

Finance Minister Pranab Mukherjee lauded Pratip Chaudhuri on his completion of one-year as the chairman of India's largest lender State Bank of India. Exactly a year back, Pratip Chaudhuri had taken charge of the bank's top job from the previous chairman OP Bhatt.

Cyrus Mistry, OP Bhatt join TCS board

Cyrus Mistry, designated successor to Mr Ratan Tata, has joined the board of directors of Tata Consultancy Services, a statement from the company said.

Nothing wrong with SBI opting for more provisions: Gopinath

The outgoing Reserve Bank deputy governor, Shyamala Gopinath, has defended higher provisionings that SBI made in the Q4 of FY11 which saw its net plunging 99 percent, saying it does not call for a change in bank's accounting and reporting standards and that RBI can only ensure that a bank makes all the mandated provisions.

Will position ourselves as a retail leader: SBI's new chief

Addressing a press meet, SBI's new chairman said, he would like to expand and consolidate the corporate banking business.

SBI planning rights issue after Q1 FY12

State Bank of India, India's top lender, will launch its Rs 20,000 crore (USD 4.5 billion) rights equity issue after the first quarter of the fiscal year beginning in April, its chairman said on Sunday.

Banking Laws Amendment Bill: RBI to supersede PSBs

The government gave green signal to the Banking Laws Amendment Bill, which will not be placed for the approval of the Parliament. The Bill seeks to align the voting rights in banks in proportion with the equity holding. CNBC-TV18’s Latha Venkatesh shares the details and the ramifications of move by the government.

SBI becomes signatory to Carbon Disclosure Project

The country’s biggest lender, State Bank of India, has become a signatory investor to the Carbon Disclosure Project (CDP), a collaboration of over 550 institutional investors with assets under management of US $ 71 trillion.

SBI may raise funds from overseas markets in FY12

OP Bhatt, SBI chairman, said that incremental credit-deposit ratio should be over 100% in FY11. SBI's current credit-deposit ratio is at 77%. Hence, SBI is aiming to raise funds from the overseas markets in the next fiscal year to achieve the ratio target.

Rights issue dependent on money allocated this budget: SBI

OP Bhatt, Chairman of the State Bank of India, in an exclusive interview to CNBC-TV18, says that the bank need to raise capital over medium-long term, however, it will only be post the budget allocations are announced.

NPAs under control; fewer slippages this qtr: SBI

OP Bhatt, chairman of the State Bank of India in an interview on CNBC-TV18 spoke about what he is expecting from the credit policy and his banks results. On the RBI’s credit policy review, Bhatt holds that a 25 bps rate hike is plausible. “Also, expect to hear about some measures to ease liquidity as well.”

SBI denies searches by CBI in 2G case

OP Bhatt, chairman of State Bank of India has categorically said that news of Central Bureau of Investigation (CBI) conducting searches at its headquarter has come as a surprise to him, reports CNBC-TV18.