Wednesday December 31, 2014
RBI had set up a committee under the chairmanship of A S Ganguly in 2004-05 to study the issue of bifurcation of the post of Chairman and Managing Director in banks. The panel had recommended the bifurcation. Private sector banks in 2007 implemented this recommendations.
Monday December 29, 2014
Sources said among those on the bus is likely to be State Bank of India chairman Arundhati Bhattacharya. Finance Minister Arun Jaitley, RBI Governor Raghuram Rajan, and top officials of the Finance Ministry will also attend the off-site next weekend, being called a "Gyan Sangam" or knowledge meeting.
Thursday September 4, 2014
IDBI Bank is considering declaring Mallya a "wilful defaulter", the bank's chairman MS Raghavan told Reuters yesterday. State Bank of India and Punjab National Bank are among other big lenders who have given loan to the grounded carrier, which has not flown since October 2012.
Monday July 28, 2014
State-owned Bank of Baroda on Monday said it will be an "acquirer" as and when the government moves on with bank consolidation.
South | Press Trust of India | Thursday June 5, 2014
Electronic surveillance will be in place at ATM kiosks in the next six months in order to further enhance security system, State Bank Group Chairman Arundhati Bhattacharya said today.
Sunday October 6, 2013
Former State Bank of India (SBI) chairman Pratip Chaudhuri has said the countrys largest lender would have completed the process of merging a subsidiary but for the huge capital requirement due to the Basel III norms.
Sunday August 18, 2013
The Finance Ministry has sought relaxation in the eligibility norms for selection of State Bank of India (SBI) chairman so as to have more candidates to interview for the top post at the country's largest bank.
Thursday August 8, 2013
Pratip Chaudhari, chairman of SBI, attributed the decision to the "huge influx" of deposits the bank is getting at present.
India News | Press Trust of India | Friday August 2, 2013
West Bengal Chief Minister Mamata Banerjee today met top industrialists, including Reliance Industries Limited chairman Mukesh Ambani and Tata Consultancy Services chairman N Chandrasekaran, in Mumbai today. She said the state was more investment friendly now with a "good work culture".
Wednesday July 24, 2013
Worried over shortage of funds in the system following the recent liquidity tightening measures by the Reserve Bank of India (RBI), State Bank of India (SBI) chairman Pratip Chaudhuri on Wednesday asked the apex bank not to choke money supply and instead raise interest rate to check volatility in the forex market.
Wednesday July 24, 2013
The statement from SBI chairman Pratip Chaudhuri comes even as bank stocks took a hit on Wednesday after the RBI announced fresh measures to drain cash, making access to short-term funds harder.
Wednesday July 3, 2013
UTI, in which US-based asset manager T. Rowe Price Group holds a 26 per cent stake, had been operating without a head since its previous chairman and managing director, U.K. Sinha, departed in February 2011 to take the top job at Securities and Exchange Board of India.
Sunday June 16, 2013
In the wake of an expose by online news portal Cobrapost on violation of KYC norms by several banks of the counrty, State Bank of India (SBI) chairman Pratip Chaudhuri has said his bank has been "put to a loss" by the non-compliance of guidelines by private sector peers.
Thursday June 6, 2013
The Indian Banks' Association (IBA) announced on Thursday that it has re-elected K R Kamath, chairman and managing director of Punjab National Bank (PNB), as its chairman for 2013-14.
Thursday May 23, 2013
State Bank Of India chairman Pratip Chaudhuri said on Thursday that the bank continues to face challenges in the mid and small-sized companies segment.
Thursday May 9, 2013
Bank officials' advices of splitting deposits to evade taxes, as exposed in a sting operation by an online news portal, are "undesirable loose talks" but there is no apparent criminality, SBI chairman Pratip Chaudhuri said on Thursday.
Friday May 3, 2013
"There is nothing to transmit. Even 1 basis point (cut) is much too high," SBI chairman Pratip Chaudhuri told reporters.
Tuesday April 16, 2013
SBI saw a loan growth of 21 per cent in the financial year that ended on March 31, the banks chairman said on Tuesday.
Monday February 18, 2013
The dues will be recovered after completing a "complicated, long, legal battle", the SBI chairman said, adding that SBI has made provisions to collect Rs 1,650 crore of the Rs 1,700 crore through the realisation of securities.
Tuesday February 12, 2013
Kingfisher lenders will give all chances to the grounded airline to restart operation even as bankers are concerned over their outstanding dues, SBI chairman, Pratip Chaudhuri, said Monday.
Tuesday January 22, 2013
Pitching for a cut in interest rates and cash reserve ratio (CRR) by the Reserve Bank of India, SBI chairman Pratip Chaudhuri today said the move will boost investment and growth.
Thursday January 10, 2013
Kingfisher Airlines shares snapped a five-day losing streak on Thursday. The stock saw buying interest after chairman Vijay Mallya wrote to employees about a limited restart of the grounded carrier.
Monday January 7, 2013
The government has indicated a capital infusion of Rs 3,000 crore into State Bank of India in the current fiscal year ending in March 2013, the bank's chairman Pratip Chaudhury said on Monday.
Saturday November 24, 2012
With barely a week left for the November 30 deadline set by bankers for Kingfisher to pump in fresh capital into the grounded airline, the lead lender State Bank of India today said it has not heard from the company so far.