Pratip Chaudhari

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  Former SBI Chief Pratip Chaudhari Granted Bail

  The ex-SBI chief had been arrested on October 31 from his residence in Delhi in connection with a loan case of the hotel in Jaisalmer

• SBI head: Not considering hiking lending rates

  Pratip Chaudhari, chairman of SBI, attributed the decision to the "huge influx" of deposits the bank is getting at present.

• SBI supports RBI's moves on rupee, says growth secondary now

  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.

• SBI chief: New bad loan norms to have minimal impact

  On May 19, the the Reserve Bank of India (RBI) revised the norms on restructuring and NPA accounts, increasing the provisioning percentage on restructured accounts besides making loan recasts tougher by increasing promoters contribution.

• No scope to cut lending rates now, says SBI chief

  "There is nothing to transmit. Even 1 basis point (cut) is much too high," SBI chairman Pratip Chaudhuri told reporters.

• Kingfisher: What about loan recovery from others, Mallya asks bank chiefs

  What about loan recovery from those other than Kingfisher?, wondered its promoter Vijay Mallya while taking a dig at bank chiefs in his tweet for their "constant speak" to media on getting back dues from the grounded airline.

• SBI gets Rs 3,000 crore capital infusion from government

  State Bank of India has received Rs 3,004 crore from the government as part of the recapitalisation plan of the state-run banks, the country's largest lender said on Tuesday. Post the infusion, the shareholding of the government in the bank increased from 61.58 to 62.31 per cent.

• SBI sanctions Rs 2,500 crore to fund RINL expansion

  State Bank of India (SBI) today said it has sanctioned Rs 2,500 crore to Rashtriya Ispat Nigam Ltd (RINL) to fund its expansion programme.

• Tariff hike should be the last resort: Jyotiraditya Scindia

  Power Minister Jyotiraditya Scindia today said that a power tariff hike by discoms to ride out the losses they are incurring should be the last resort they should be looking at.

• We will walk the path alone, says Chidambaram on growth challenge

  The RBI left interest rates unchanged on Tuesday but cut the cash reserve ratio for banks and indicated it may ease monetary policy further in the January-March quarter.

• As RBI frees money, banks may lower lending rates

  Soon after the RBI unveiled its mid-quarter review of the monetary policy, several bankers hinted that they may reduce lending rates in the coming days.

• If CRR is money mobilisation tool, extend it to insurance, MFs: SBI chief

  SBI chairman Pratip Chaudhuri has said that if cash reserve ratio (CRR) is a cash mobilisation tool then it should also be applied to insurance, banks and mutual funds (MFs) as they also collect deposits.

• SBI targets 19-20% credit growth this fiscal

  The lowering of targets was mainly due to the lack of demand from corporates owing to economic slowdown in general.

• PMO clears name of Pratip Chaudhari for SBI chief's post: Report

  MUMBAI, APRIL 07: Prime Minister's Office may have cleared the name of Pratip Chaudhuri for Chairman of State Bank of India, The Economic Times reported Thursday. Managing Director R Sridharan is officiating as the bank chairman now after O.P. Bhatt retired last month. Sridharan is due to retire in June, 2011. Chaudhuri joined SBI as a probat...