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Feb 15, 2021 12:36 PM IST Government rules prohibit retired PSU bank chairmen from joining other companies within a year of retirement.
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Oct 08, 2020 12:44 PM IST Time may be ripe to create a ‘bad bank’ as the net book value of NPAs have fallen sharply and another round of bad loan shock is round the corner in the backdrop of Covid-19, say experts
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Oct 07, 2020 02:51 PM IST Outgoing SBI chairman says without the State Bank, the implications of the Yes Bank saga could have been serious to the stability of the banking system in the country. Corporate NPAs, he says, are what causes the biggest problem.
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Oct 07, 2020 09:54 AM IST Rajnish Kumar worked at SBI for 40 years, after joining as a Probationary Officer in 1980. As he hands over the baton to his successor, SBI is in a much stabler position, financially. However, unseen shocks from COVID-19 can escalate bad loans. But as Kumar says: “A leader is only as good as his team. I always believe that a good team is essential to make things happen. Fortunately, SBI has no dearth of talent.”
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Oct 06, 2020 11:31 AM IST Yono or You Only Need One App is the lender’s integrated banking platform.
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Sep 23, 2020 03:51 PM IST SBI had on September 21 released two sets of FAQs on its resolution framework for stressed loans during the COVID-19 pandemic.
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Sep 21, 2020 07:58 PM IST In such circumstances, there is a need to create more businesses and entrepreneurs who have the capability to invest in operations and borrow, he noted.
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Sep 09, 2020 08:24 PM IST SBI had launched the YONO platform in November 2017 to help its customers' banking, investment and shopping needs.
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Aug 31, 2020 09:30 AM IST The chairman of India’s largest bank reveals his management style, his advice to younger banker and why management books don’t interest him
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Aug 27, 2020 10:15 PM IST The three-year term of current SBI Chairman Rajnish Kumar will come to an end on October 7.
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Aug 18, 2020 02:54 PM IST The interview to select the new chairman will likely take place this month. The contenders are Dinesh Kumar Khara, Arijit Basu and C S Shetty
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Aug 10, 2020 03:35 PM IST The objective of the Rs 10,000 crore Fund of Funds scheme is to help MSMEs with growth potential during a time when they are facing a severe shortage of equity and low revenues.
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Aug 09, 2020 12:50 PM IST The State Bank of India interview will be conducted online on August 18 or 19 and those under consideration besides Rajnish Kumar include the bank’s three managing directors.
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Aug 07, 2020 08:22 AM IST SBI’s current valuation is pricing in most concerns and assigning a huge discount for it being a public sector entity
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Aug 05, 2020 04:51 PM IST Investment in infrastructure, in particular, should be stepped up, SBI Chairman Rajnish Kumar said.
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Aug 03, 2020 10:13 AM IST While strong financials of SBI help in soothing investors’ nerves in uncertain times, the economic slowdown adds a cloud of uncertainty
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Jul 31, 2020 05:59 PM IST Will an ‘asymptomatic’ SBI throw up negative surprises a few quarters later? One will have to wait and watch to see how the moratorium loan book is performing post August 31.However, Chairman Rajnish Kumar remains confident on the bank’s prospects
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Jul 14, 2020 04:37 PM IST Kumar’s logic was that 'work from anywhere' would reduce commute time, and, hence, ensure better services and better work-life balance.
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Jun 27, 2020 08:20 PM IST The portal called Bharat Craft would be jointly run by the bank and the government.
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Jun 18, 2020 07:10 PM IST Speaking at a webinar organised by Bharat Chamber of Commerce, Kumar said that both the RBI and the government have taken measures to bring back the economy, derailed by the pandemic, back on track.
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Jun 11, 2020 07:00 PM IST Private sector banks reward employees based on performance linked compensation models specific to individual institutions. As against this, traditionally, salary of a PSB employee is decided through negotiations between the IBA (Indian Banks Association) and trade unions negotiations once in every five years.
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Jun 10, 2020 09:00 PM IST The CFO post in SBI turned vacant after Prashant Kumar resigned to head Yes Bank.
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Jun 08, 2020 07:00 PM IST It isn’t just SBI Chairman Rajnish Kumar. This view is shared by many officials in sate-run banks who are under pressure to lend to support economic revival but are unable to do so.
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Jun 08, 2020 04:15 PM IST Speaking about the asset quality, he added "I don't think the situation is going to be worse than what we had in the previous year."
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Jun 08, 2020 08:39 AM IST