Vg Kannan

Broadly there seems to be four categories of tasks which the new RBI governor will have to look at. One is bringing inflation to 4 perfect. Two, would be keeping the rupee stable, while ensuring liquidity for growth. Three would be cleaning up bank balancesheets and fourth would be meeting the payments, digital and inclusion revolution.

Pay hikes to boost retail loan growth by 17-20%: SBI

With monsoon playing well and implementation of 7th Pay Commission, growth trajectory is coming back in the economy, says VG Kannan, Managing Director of SBI.

Three candidates interviewed for SBI's MD post

Three candidates were interviewed for the post of a managing director of the country's largest lender State Bank of India, sources said

Merger to reduce duplication, to be complete by March 2017: SBI

The bank will now start working on a merger process which will be completed by March 2017, says VG Kannan, Managing Director & Group Executive, SBI.

Deposit rates just as important as lending rates: SBI

Speaking to CNBC-TV18, VG Kannan of State Bank of India said the bank is in advanced talks to set up a stressed asset fund. RBI approvals have come and it will be a matter of weeks before the fund will be set up, he said.

Savings rate cut by govt overdue, G-secs may open sub-7.5%: SBI

VG Kannan, managing director of State Bank of India expects 10-year government bond to open below 7.5 percent on Monday in reaction to the rate cut.

Global mkts stifling Nifty; transmission key now: Experts

The RBI today cut the repo rate, or the rate at which the central bank lends to banks, by a surprising 50 basis points (bps). Most corporates and economists hailed the move terming it a pre-festive bonanza.

Will take a call on base rate cut post RBI meet: SBI

SBI managing director VG Kannan says the market has priced in a 25 basis points rate cut.

Expect only capital announcement for PSU banks: SBI

Minister of State for Finance Jayant Sinha on Thursday said a comprehensive package will be announced for the recapitalisation of public-sector banks on Friday.

See CAR improving to 11.1%; base rate cut in Q1FY16: SBI

There is likelihood of a base rate cut in the first quarter of FY16, said VG Kannan, MD, State Bank of India.

Four SBI Group DMDs appear for interview for MD's post

Those who appeared for the interview include Praveen Kumar Gupta, SBI's chief financial officer, Rajnish Kumar, managing director of SBI Caps), NK Chari, head of medium corporate group at SBI, and SA Ramesh Rangan, MD at State Bank of Patiala.