P Pradeep Kumar

SBI, MD - corporate banking, P Pradeep Kumar says, it has been continuously reviewing base rates and lowering deposit rates since August or September last year. "A further cut will depend on SBI's cost of funds, composition of asset portfolio, etc."

Is a pre-policy repo rate cut likely?

There is a need for a rate cut and to let the Indian rupee depreciate to boost export competitiveness, says P Pradeep Kumar, managing director and group executive (corporate banking group), State Bank of India.

No govt pressure to cut rates, ALCO to take a call: SBI

Speaking to CNBC-TV18, P Pradeep Kumar, MD, SBI said the decision to cut base rates or not will be taken by asset liability management committee (ALCO). He said SBI has already lowered deposit rates.

SC ruling may not disrupt operations of power cos: Feedback

According to Chatterjee, the SC ruling is only one more impetus to clean up the system. The apex court has been cautious enough in not deallocating coal blocks and will take the decision on September 1, he adds.

SBI appoints Pradeep Kumar as MD Corporate Banking

Country's biggest lender State Bank of India has appointed P Pradeep Kumar as its Managing Director (Corporate Banking). Kumar, as one of the four managing directors, will look after the corporate banking portfolio of the bank.

SBI eyes Rs 1,500cr net from domestic treasury ops

SBI aims to net Rs 1,500 crore profit from domestic treasury operations this fiscal and is set to post "substantial improvement" in gains during the first quarter, a top official has said.