Sbi Md

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  Government Appoints Rama Mohan Rao Amara As SBI Managing Director

  The government has approved the appointment of Rama Mohan Rao Amara for the position of managing director of the State Bank of India (SBI).

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  SBI MD Encourages MFIs to Enhance Data Privacy, Cyber Security

  State Bank of India (SBI) managing director Alok Kumar Choudhary on Wednesday said there is a need for micro finance institutions (MFIs) to pay attention to data privacy and cyber security as they deal with data of a large number of customers. Speaking at a conference organised by Sa-Dhan, he said, MFIs should also focus on capacity building to de...

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  IPO Will Sail Through Market Turmoil: SBI Cards

  Hardayal Prasad, MD and CEO of SBI Cards, said that for qualified institutional buyers (QIBs), the subscription will close on March 4, while the issue closes on March 5. Theunder-penetrated credit card market in India gives ample growth opportunities forpure play credit card companies such as SBI Cards, he added.

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  Corporate Lending Witnessing Lack Of Demand: SBI

  Asked about the status of non-performing assets (NPA), SBI MD said that gross NPAs declined by 1.5 per cent to 7.2 per cent as on September 30.

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  Banks' Credit Must Grow 12% To Meet $5 Trillion Economy Target: SBI

  PSBs are under pressure to meet the capital adequacy requirements under Basel III and looking at the government support for capital, SBI Deputy MD said.

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  Anshula Kant Appointed Managing Director Of SBI

  The post of MD, SBI fell vacant after the resignation of B Sriram, who took over as the MD and CEO of IDBI Bank.

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  "Very Happy" With UK Court Order, Can Go After Vijay Mallya's Assets: SBI

  Indian banks are working very closely with the UK authorities to recover maximum out of assets owned by Vijay Mallya after a British court allowed them to search and seize properties of the fugitive liquor baron.

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  To Recover Dues From Vijay Mallya, Banks Working Closely With UK Authorities: SBI MD

  SBI MD's statement came in wake of a British court permitting the British authorities to search and seize properties of the fugitive liquor baron

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  Arijit Basu Takes Charge As Managing Director Of SBI

  Arijit Basu will handle the areas of commercial credit and IT and also additional charge of stressed assets resolution group.

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  B Sriram Takes Charge As CEO Of IDBI Bank

  SBI in another regulatory filing had said that central government has permitted Sriram to take voluntary retirement as MD of SBI.

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  B Sriram, SBI's MD, Appointed As IDBI Bank's CEO

  B Sriram has been appointed as IDBI Bank's CEO in place of incumbent Mahesh Kumar Jain who was recently named Deputy Governor of the Reserve Bank of India (RBI).

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  ICICI Bank-Videocon Case: Parliamentary Panel Quizzes Bankers On Alleged Nepotism

  IBA deputy chairman and SBI chief Rajnish Kumar and PNB MD Sunil Mehta briefed the panel on various aspects of NPAs and banking frauds.

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  SBI Reviewing Minimum Balance Charges For Savings Bank Accounts

  In April this year, SBI reintroduced charges on non-maintenance of monthly average balance (MAB) after a gap of five years.

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  Slippages To Be 'Under Control' In Coming Quarters: SBI

  "The fresh slippages have started tapering off and going forward the slippages would be under control," SBI Managing Director (National Banking Group) Rajnish Kumar said.

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  Employees Should Be Kept On Board During Bank Mergers: SBI

  Merger invariably involves pain, but eventually leads to gains in terms of efficiency parameters, SBI MD Dinesh Khara said.