Sbi Chairman Rajnish Kumar

OYO on Thursday announced the appointment of Rajnish Kumar, former Chairman of State Bank of India (SBI), as its strategic group advisor.

The bank is currently headed by Rajnish Kumar, whose tenure is slated to end on 7 October

COVID-19 is the worst health and economic crisis in last 100 years, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday. "The outbreak of COVID-19 pandemic is unambiguously the worst health and economic crisis in the last 100 years during peacetime with unprecedented negative consequences for output, jobs and well-being," he said,...

There is a need to wait for three to four months to see the trend of the recovery, SBI Chairman Rajnish Kumar said at a webinar

Mr Kumar also said that SBI is not charging higher interest rates for ratings downgrade

Rajnish Kumar on Tuesday said that although he cannot talk about other banks, regarding SBI, "not even a single share will be sold in three years".

Assam Minister Himanta Biswa Sarma has thanked Finance Minister Nirmala Sitharaman for "championing the cause of deprived workers" after an audio clip of her lashing out at State Bank India (SBI) chairman Rajnish Kumar went viral, triggering a major controversy.

State Bank of India (SBI) chairman Rajnish Kumar told NDTV on Monday that the current cap on withdrawals from Yes Bank accounts could be lifted "within a week". In an exclusive interaction with NDTV, the SBI chairman said: "I want to assure Yes Bank customers that once we (SBI) step in they shouldn't worry about money... The financial system is sou...

The RBI has taken control of Yes Bank, after the debt-laden lender failed to raise the capital it needs to stay above mandated regulatory requirements.

State Bank of India (SBI) chairman Rajnish Kumar said on Saturday that the lender is conducting due diligence on the governments bailout plan for Yes Bank, and will get back to the Reserve Bank of India (RBI) with comments by Monday. "There are many potential investors who have approached us after looking at the draft scheme," he said during a medi...

"What's there to panic, no need to panic, all depositors are safe. The RBI governor has said also, just be patient, everything will be fine," Mr Kumar told reporters.

The Finance Minister, who was accompanied by Finance Secretary Rajeev Kumar, DEA Secretary Atanu Chakraborty, Revenue Secretary A.B. Pandey and SBI Chairman Rajnish Kumar, said that it was a part of Prime Minister Narendra Modi's reform-mindedness when dealing with businesses.

"If there is a negative impact on any enterprise, it impacts a larger ecosystem, whether it is banks, whether it is employees, whether they are vendors, consumers, so everybody gets impacted. So, that impact, when it comes, we will have to pay the price," Mr Kumar said, when asked about the impact on banks if telcos move towards bankruptcy.

"We can't lower the interest rates without lowering the interest rate for depositors and there is a threshold below which we cannot reduce the interest rate for deposits," SBI Chairman Rajnish Kumar said at FICCI's 92nd Annual Convention, titled 'India: Roadmap to a $5 Trillion Economy'.

State Bank of India, the country's largest lender, on Friday reported a more than three-fold increase in its net profit to Rs 3,012 crore in the quarter ended September 30. Its net profit had stood at Rs 945 crore in the second quarter of financial year 2018-19. The sharp surge in SBI's profit came on account of lower provisioning for bad loans and...

OYO on Thursday announced the appointment of Rajnish Kumar, former Chairman of State Bank of India (SBI), as its strategic group advisor.

The bank is currently headed by Rajnish Kumar, whose tenure is slated to end on 7 October

COVID-19 is the worst health and economic crisis in last 100 years, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday. "The outbreak of COVID-19 pandemic is unambiguously the worst health and economic crisis in the last 100 years during peacetime with unprecedented negative consequences for output, jobs and well-being," he said,...

There is a need to wait for three to four months to see the trend of the recovery, SBI Chairman Rajnish Kumar said at a webinar

Mr Kumar also said that SBI is not charging higher interest rates for ratings downgrade

Rajnish Kumar on Tuesday said that although he cannot talk about other banks, regarding SBI, "not even a single share will be sold in three years".

Assam Minister Himanta Biswa Sarma has thanked Finance Minister Nirmala Sitharaman for "championing the cause of deprived workers" after an audio clip of her lashing out at State Bank India (SBI) chairman Rajnish Kumar went viral, triggering a major controversy.

State Bank of India (SBI) chairman Rajnish Kumar told NDTV on Monday that the current cap on withdrawals from Yes Bank accounts could be lifted "within a week". In an exclusive interaction with NDTV, the SBI chairman said: "I want to assure Yes Bank customers that once we (SBI) step in they shouldn't worry about money... The financial system is sou...

The RBI has taken control of Yes Bank, after the debt-laden lender failed to raise the capital it needs to stay above mandated regulatory requirements.

State Bank of India (SBI) chairman Rajnish Kumar said on Saturday that the lender is conducting due diligence on the governments bailout plan for Yes Bank, and will get back to the Reserve Bank of India (RBI) with comments by Monday. "There are many potential investors who have approached us after looking at the draft scheme," he said during a medi...

"What's there to panic, no need to panic, all depositors are safe. The RBI governor has said also, just be patient, everything will be fine," Mr Kumar told reporters.

The Finance Minister, who was accompanied by Finance Secretary Rajeev Kumar, DEA Secretary Atanu Chakraborty, Revenue Secretary A.B. Pandey and SBI Chairman Rajnish Kumar, said that it was a part of Prime Minister Narendra Modi's reform-mindedness when dealing with businesses.

"If there is a negative impact on any enterprise, it impacts a larger ecosystem, whether it is banks, whether it is employees, whether they are vendors, consumers, so everybody gets impacted. So, that impact, when it comes, we will have to pay the price," Mr Kumar said, when asked about the impact on banks if telcos move towards bankruptcy.

"We can't lower the interest rates without lowering the interest rate for depositors and there is a threshold below which we cannot reduce the interest rate for deposits," SBI Chairman Rajnish Kumar said at FICCI's 92nd Annual Convention, titled 'India: Roadmap to a $5 Trillion Economy'.

State Bank of India, the country's largest lender, on Friday reported a more than three-fold increase in its net profit to Rs 3,012 crore in the quarter ended September 30. Its net profit had stood at Rs 945 crore in the second quarter of financial year 2018-19. The sharp surge in SBI's profit came on account of lower provisioning for bad loans and...