Sbi Chairman Arundhati Bhattacharya

Calling for focussing on farm sector growth to sustain higher overall growth, the State Bank of India today said revival in credit demand will stay low until the balance sheets of the rural households are repaired.

SBI merger may be delayed as banks yet to seek CCI approval

The merger of State Bank of India and its associate banks such as State bank of Travancore is likely to be delayed further as the PSUs are yet to receive approval from the Competition Commission of India (CCI).

Big bang reform, game-changer that no one expected, say bankers

Chanda Kochhar, managing director and chief executive officer of ICICI Bank says it is the most transformational and game changing move ever. The move is sure to impact the parallel economy or black money.

Lower fresh NPAs in first quarter of FY17: Mundra

Fresh bad loans moderated in the first quarter of 2016-17 as most banks have improved their recovery process, Reserve Bank Deputy Governor S S Mundra said today.

SBI launches Rs 200 cr fund to invest in fintech startups

The 'IT Innovation Start-up Fund' will have corpus of Rs 200 crore, she said. The announcement comes against the backdrop of a greater thrust from the Centre on developing the start-up ecosystem.

Liquor baron Mallya says in talks with banks to settle debt

MUMBAI/BENGALURU (Reuters) - Liquor baron Vijay Mallya said he was in talks with banks for a one-time settlement of debt that his now-defunct Kingfisher Airlines owes, adding that he had no plans to run away from his creditors.

Postal dept has overtaken SBI on digital connectivity: Prasad

"The core banking solution (CBS) or digital connectivity of the postal department has surpassed the State Bank of India's digital connectivity," Prasad said at a special session on the third day of the ongoing Make in India week here.

Women can win over subconscious discrimination: SBI Chairman

SBI Chairman Arundhati Bhattacharya said women have to make their way up in an organisation by working hard and affirmed that if there is discrimination in the corporate sector, it can be at a subconscious level.

Expect RBI to cut rates by 25 bps before Jan: SBI chief

The Reserve Bank of India Tuesday kept the benchmark repo rate unchanged at 7.25 percent as well as the cash reserve ratio (CRR) at 4 percent.