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Capital infusion to help banks clean balance sheets: SBI chief

Government's decision to release Rs 22,915 crore as first tranche of capital infusion in state- owned banks in the current fiscal will help them clean up the balance sheets and increase lending, SBI chairman Arundhati Bhattacharya said on Tuesday.

Must Know: The potential successors to RBI chief Raghuram Rajan!

Must Know: The potential successors to RBI chief Raghuram Rajan!

Investors in India are on the edge as local media report that Prime Minister Narendra Modi could select the new governor of the Reserve Bank of India (RBI), to replace "rock star" incumbent Raghuram Rajan, as early as this week.

SBI merger right idea, more such moves needed: Meghnad Desai

Terming the government's decision to go ahead with merger of SBI and its associate banks as a "right idea", eminent economist Meghnad Desai has said other PSU banks should also be merged from the current 24 to 3-4 large banks.

India's banking faces stress due to 'stalling' in 2011-13: SBI

India's banking faces stress due to 'stalling' in 2011-13: SBI

India's banking sector currently faces some stress mainly due to "stalling" of projects between 2011-2013 and efforts are being made to ensure the "de-bottlenecking" of these projects, SBI Chairman Arundhati Bhattacharya said.

Brexit is not good for world, a "step back" amid globalisation: SBI Chairperson

Brexit is not good for world, a "step back" amid globalisation: SBI Chairperson

India will need to "re-examine" and "re-negotiate" the trade access with the EU and UK after Brexit, according to SBI Chairperson Arundhati Bhattacharya who called the development a "step back" amid globalisation.

 Good News! SBI to offer banking services to customers on Facebook, Twitter

Good News! SBI to offer banking services to customers on Facebook, Twitter

State Bank of India (SBI) on Friday launched 'SBI Mingle' through which its customers can now access banking services on Facebook and Twitter.

SBI has enough talent to replace me: Bhattacharya on extension

SBI has enough talent to replace me: Bhattacharya on extension

Amid reports that she may get an extension, State Bank of India (SBI) Chairperson Arundhati Bhattacharya Thursday said there is enough talent within the bank who are capable of holding the reins.

Who are potential successors to RBI Governor Raghuram Rajan?

Who are potential successors to RBI Governor Raghuram Rajan?

Here is some background on the candidates seen as potential successors to Rajan at the RBI.

Modi govt shortlists 4 candidates to succeed Raghuram Rajan as RBI Governor

Modi govt shortlists 4 candidates to succeed Raghuram Rajan as RBI Governor

The government has whittled down its list of candidates to become the next governor of the Reserve Bank of India (RBI) to four, three of whom are economists and veterans of the central bank with the other the head of the country`s largest bank.

 

Brexit: How it can give better market access to India

Brexit: How it can give better market access to India

Volatility and decline in the financial markets were obvious after Britain decided to exit the European Union (EU) but there could be some advantages in it for India.

RBI may get a new chief before Parliament's monsoon session, Rakesh Mohan emerges as front runner

RBI may get a new chief before Parliament's monsoon session, Rakesh Mohan emerges as front runner

A new Governor for RBI may be appointed before the start of the monsoon session of Parliament next month even as former RBI Deputy Governor Rakesh Mohan appears to be emerging as the front runner for the job.

Rexit: Are these top two contenders for next RBI Governor's post?

Rexit: Are these top two contenders for next RBI Governor's post?

Raghuram Rajan shocked the nation by announcing on Saturday that he will not serve a second term, once his present term as Governor of Reserve Bank of India, ends on September 4. Who are the top two names that appear to be the strongest contenders to become the next RBI Governor? 

 Seven names on long list to replace RBI's Rajan: Official

Seven names on long list to replace RBI's Rajan: Official

There are seven candidates on a long list to replace Reserve Bank of India Governor Raghuram Rajan, a senior government official told Reuters on Saturday.

Four Indian women on Forbes most powerful list; SBI's Arundhati Bhattacharya leads

Four Indian women on Forbes most powerful list; SBI's Arundhati Bhattacharya leads

While Bhattacharya has been ranked 25th, others are Chanda Kochhar of ICICI Bank (40th), Kiran Mazumdar-Shaw of Biocon (77th), and Shobhana Bhartia of HT Media, which publishes the Hindustan Times (93rd).

Payments banks do not have a viable business model: SBI chief Arundhati Bhattacharya

Payments banks do not have a viable business model: SBI chief Arundhati Bhattacharya

Small and payments banks have not yet devised a business model which can be termed viable, SBI Chairperson Arundhati Bhattacharya said Monday.

SBI chief flays over-focus on retail, ignoring infra lending

SBI chief flays over-focus on retail, ignoring infra lending

Speaking out against banks being "goaded" to focus only on the retail segment, SBI Chairperson Arundhati Bhattacharya on Monday wondered who will do the job of infrastructure financing in the absence of development finance institutions (DFIs).

 

India's 8 most powerful businesswomen

 India's 8 most powerful businesswomen

Must Know: Indians among Forbes’ Power Businesswomen 2016 list

Must Know: Indians among Forbes’ Power Businesswomen 2016 list

A total of 8 incredible Indian businesswomen have entered Forbes’ fifth annual Asia’s 50 Power Businesswomen 2016 list.

 

Nita Ambani tops Forbes Asian women power list, Arundhati Bhattacharya ranks No. 2

Nita Ambani tops Forbes Asian women power list, Arundhati Bhattacharya ranks No. 2

Including Ambani and Bhattacharya, eight Indian businesswomen have made the cut in the latest list who among them bring to the table representations from diverse business fields -- banking, bio-tech, data analytics, textiles, pharma and even wellness and beauty.

 

 SBI makes it easy with 'State Bank of India NO Queue' app

SBI makes it easy with 'State Bank of India NO Queue' app

The country's largest lender, SBI, has launched a virtual queuing mobile application that will help customers save on time