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About 12 results for "state bank of mysore"

SBI gets a new chairman, to take over on Oct 7
Rediff.com

SBI gets a new chairman, to take over on Oct 7

Rajnish Kumar was on Wednesday appointed the new chairman of the largest public sector bank, State Bank of India (SBI), replacing Arundhati Bhattacharya who completes her one-year extended term on Friday. IMAGE: A file photograph of SBI Chairperson Arundhati Bhattacharya with her successor, Rajnish Kumar. Photograph: PTI Photo. Kumar, who is currently the managing director of SBI, faces the daunting task of addressing the issue of huge NPAs of the bank. The Appointments Committee of the ... Rediff.com, 2 weeks ago

1 images for "state bank of mysore"

DNA, 6 months ago

Govt to lower number of PSBs to 10-15: FinMin advisor

India will have 10-15 public sector banks with governments majority stake, down from 21 at present, as part of its plan to consolidate banks, Finance Ministrys principal economic advisor Sanjeev Sanyal said today. He said cleaning up of the bad loan problems ...
 Deccan Herald1 week ago Govt to initiate banks' consolidation process after Q1 numbers  Deccan Herald2 months ago

LS passes bill to approve SBI associates' merger

The Lok Sabha on Thursday passed a bill that will approve merger of some associate banks with the State Bank of India (SBI) with the government, saying that it will lead to increased capital base of the largest public sector lender. "The merger will bring ...
 Deccan Herald2 months ago Lok Sabha passes bill facilitating merger of SBI subsidiaries  Prokerala2 months ago

Jaitley introduces bill to repeal SBI Subsidiary Banks Act

Finance Minister Arun Jaitley today introduced a bill to repeal SBI (Subsidiary Banks) Act and State Bank of Hyderabad Act following the merger of five associates with the parent SBI. "After the acquisition of the subsidiary banks by SBI, the subsidiary banks ...
 Business Standard2 months ago

Oppn concerned over hike in svc tax, lowering interest

Opposition today expressed concern over increase in service charges and reduction of interest rate on savings bank account by the SBI, terming it anti-people and saying it will affect over 34 crore customers. Initiating a debate on the State Banks (Repeal and ...
 Deccan Herald2 months ago SBI cuts interest rate on SB a/c balance of less than 1 crore; Stock rises sharply  Sify2 months ago
Rediff.com

Despite spike in NPAs, SBI Q1 profit jumps to Rs 2,006 cr

The operating income of the bank fell by 5.17 per cent to Rs 25,612 crore during April-June quarter of 2017-18 The country's largest lender SBI reported over 5-fold jump in consolidated net profit to Rs 2,006 crore (Rs 20.06 billion) for the June quarter of the current fiscal even as non-performing assets (NPAs) or bad loans spiked sharply. Posting first quarterly earnings after the merger with its five associate banks and Bharatiya Mahila Bank Ltd (BMBL), the state-owned bank said in a ...
 Rediff.com2 months ago

Centre may delay PSU banks' merger

Even after the Cabinet's approval, the government may delay the merger of public sector banks by a few more quarters owing to the economic slowdown. "The merger plans could be postponed as the state-owned banks' balance sheet is woefully weak and it does not ...
 Deccan Herald2 weeks ago
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