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  • How Rajnish Kumar landed a job at Kotak within 4 months of retiring as SBI chief Feb 15, 2021 12:36 PM IST

    How Rajnish Kumar landed a job at Kotak within 4 months of retiring as SBI chief

    Government rules prohibit retired PSU bank chairmen from joining other companies within a year of retirement.

  • 'Bad bank' idea finds more takers amid pandemic blues Oct 08, 2020 12:44 PM IST

    'Bad bank' idea finds more takers amid pandemic blues

    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

  • EXCLUSIVE: SBI needs to be watchful about corporate NPAs, COVID-19 impact, says Rajnish Kumar Oct 07, 2020 02:51 PM IST

    EXCLUSIVE: SBI needs to be watchful about corporate NPAs, COVID-19 impact, says Rajnish Kumar

    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.

  • Rajnish Kumar hangs up his boots as SBI Chairman; cutting down bank’s gross NPA, Yes Bank bailout major achievements Oct 07, 2020 09:54 AM IST

    Rajnish Kumar hangs up his boots as SBI Chairman; cutting down bank’s gross NPA, Yes Bank bailout major achievements

    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.”

  • SBI looking to hive off Yono into separate subsidiary, says chairman Rajnish Kumar Oct 06, 2020 11:31 AM IST

    SBI looking to hive off Yono into separate subsidiary, says chairman Rajnish Kumar

    Yono or You Only Need One App is the lender’s integrated banking platform.

  • SBI's Rajnish Kumar says not much demand yet for loan restructuring Sep 23, 2020 03:51 PM IST

    SBI's Rajnish Kumar says not much demand yet for loan restructuring

    SBI had on September 21 released two sets of FAQs on its resolution framework for stressed loans during the COVID-19 pandemic.

  • Banks not risk averse, they are being prudent: SBI Chief Rajnish Kumar Sep 21, 2020 07:58 PM IST

    Banks not risk averse, they are being prudent: SBI Chief Rajnish Kumar

    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.

  • YONO biggest start-up by a legacy bank, worth over $40 billion: SBI Chief Rajnish Kumar Sep 09, 2020 08:24 PM IST

    YONO biggest start-up by a legacy bank, worth over $40 billion: SBI Chief Rajnish Kumar

    SBI had launched the YONO platform in November 2017 to help its customers' banking, investment and shopping needs.

  • Like a Boss: SBI’s Rajnish Kumar on his morning schedule, the business leader he admires and why tough decisions are best taken by one person Aug 31, 2020 09:30 AM IST

    Like a Boss: SBI’s Rajnish Kumar on his morning schedule, the business leader he admires and why tough decisions are best taken by one person

    The chairman of India’s largest bank reveals his management style, his advice to younger banker and why management books don’t interest him

  • Banks Board Bureau to interview candidates for SBI Chairman post on August 28 Aug 27, 2020 10:15 PM IST

    Banks Board Bureau to interview candidates for SBI Chairman post on August 28

    The three-year term of current SBI Chairman Rajnish Kumar will come to an end on October 7.

  • Internal hiring: Three Managing Directors in the race for top job at SBI Aug 18, 2020 02:54 PM IST

    Internal hiring: Three Managing Directors in the race for top job at SBI

    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

  • SBI Chairman Rajnish Kumar says Rs 10,000 crore Fund of Funds for MSMEs to be operational soon Aug 10, 2020 03:35 PM IST

    SBI Chairman Rajnish Kumar says Rs 10,000 crore Fund of Funds for MSMEs to be operational soon

    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.

  • Rajnish Kumar likely to get extension as SBI Chief, called for interview: Report Aug 09, 2020 12:50 PM IST

    Rajnish Kumar likely to get extension as SBI Chief, called for interview: Report

    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.

  • Weekly Tactical Pick – SBI Aug 07, 2020 08:22 AM IST

    Weekly Tactical Pick – SBI

    SBI’s current valuation is pricing in most concerns and assigning a huge discount for it being a public sector entity

  • Rajnish Kumar says government, corporates must work together for quick economic recovery Aug 05, 2020 04:51 PM IST

    Rajnish Kumar says government, corporates must work together for quick economic recovery

    Investment in infrastructure, in particular, should be stepped up, SBI Chairman Rajnish Kumar said.

  • What makes SBI the best tactical bet in an overheated market? Aug 03, 2020 10:13 AM IST

    What makes SBI the best tactical bet in an overheated market?

    While strong financials of SBI help in soothing investors’ nerves in uncertain times, the economic slowdown adds a cloud of uncertainty

  • An 'asymptomatic' SBI shows confidence in a tepid quarter but COVID can be an unpredictable villain Jul 31, 2020 05:59 PM IST

    An 'asymptomatic' SBI shows confidence in a tepid quarter but COVID can be an unpredictable villain

    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

  • SBI hopes to save Rs 1,000 crore through Work From Anywhere plan roll out Jul 14, 2020 04:37 PM IST

    SBI hopes to save Rs 1,000 crore through Work From Anywhere plan roll out

    Kumar’s logic was that 'work from anywhere' would reduce commute time, and, hence, ensure better services and better work-life balance.

  • SBI working on setting up e-commerce portal for MSMEs: Rajnish Kumar  Jun 27, 2020 08:20 PM IST

    SBI working on setting up e-commerce portal for MSMEs: Rajnish Kumar 

    The portal called Bharat Craft would be jointly run by the bank and the government.

  • Plenty of liquidity available in the system: SBI chairman Rajnish Kumar Jun 18, 2020 07:10 PM IST

    Plenty of liquidity available in the system: SBI chairman Rajnish Kumar

    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.

  • Do public sector bank employees deserve better pay? Jun 11, 2020 07:00 PM IST

    Do public sector bank employees deserve better pay?

    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.

  • State Bank of India offers up to Rs 1 crore for CFO post; thrice Chairman's annual salary Jun 10, 2020 09:00 PM IST

    State Bank of India offers up to Rs 1 crore for CFO post; thrice Chairman's annual salary

    The CFO post in SBI turned vacant after Prashant Kumar resigned to head Yes Bank.

  • A PSU banker’s dilemma: Ready to lend, but where are the takers? Jun 08, 2020 07:00 PM IST

    A PSU banker’s dilemma: Ready to lend, but where are the takers?

    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.

  • Have sufficient capital, difficult to predict defaults on loan portfolio, says SBI Chairman Rajnish Kumar Jun 08, 2020 04:15 PM IST

    Have sufficient capital, difficult to predict defaults on loan portfolio, says SBI Chairman Rajnish Kumar

    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."

  • SBI Q4: One-time gain boosts profit, should investors bet on low valuations? Jun 08, 2020 08:39 AM IST

    SBI Q4: One-time gain boosts profit, should investors bet on low valuations?

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