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

SBI partners Uber for instant vehicle financing

SBI partners Uber for instant vehicle financing

The scheme would encourage skilled drivers to overcome liquidity crunch and excess documentation requirements to become an entrepreneur.

OROP: SBI disburses Rs 1,465 crore as 1st instalment of arrears

OROP: SBI disburses Rs 1,465 crore as 1st instalment of arrears

The government had in November last year formally notified the OROP scheme for the more than 24 lakh defence ex-servicemen and 6 lakh war widows in the country.

SBI says number of zero balance Jan Dhan a/cs below 46%

SBI says number of zero balance Jan Dhan a/cs below 46%

Top lender State Bank of India has said it has seen a steady decline in the number of zero balance accounts opened under the financial inclusion drive and their count is now below 46 percent.

DBT should be made remunerative for banks: SBI Chief

Government needs to make direct benefit transfer (DBT) scheme remunerative for banks and other intermediaries with a view to encourage them to upgrade infrastructure for its successful implementation, SBI chairperson Arundhati Bhattacharya said Tuesday.

 

SBI's profits may take further hit in March quarter: Arundhati Bhattacharya

SBI's profits may take further hit in March quarter: Arundhati Bhattacharya

Faced with huge NPAs, SBI Chairman Arundhati Bhattacharya on Tuesday said bad loans are expected to surge in the coming quarter, which may hit its profitability.

 

SBI taking steps to develop women entrepreneurship

SBI taking steps to develop women entrepreneurship

Country's largest lender State Bank of India is taking steps to develop women entrepreneurship in the country, its chairperson Arundhati Bhattacharya has said.

SBI to divest in National Stock Exchange: Bhattacharya

SBI to divest in National Stock Exchange: Bhattacharya

State Bank of India is keen to offload its stake in the National Stock Exchange (NSE) as part of the effort to realise value for investments and focus more on the core areas of business for the financial powerhouse, chairperson Arundhati Bhattacharya has said.

Repo rate 'in India' is a blunt instrument: SBI’s Arundhati Bhattacharya

Repo rate 'in India' is a blunt instrument: SBI’s Arundhati Bhattacharya

As RBI continues to nudge banks to pass on repo rate cuts to borrowers, banking behemoth SBI on Thursday said this "blunt instrument" of the central bank was not very relevant for lenders to adjust their rates.

India's 10 Most Powerful Business Women

Arundhati Bhattacharya, chairperson of State Bank of India (SBI), remains the most powerful woman in the Indian business sector, according to Fortune India.

Payments banks no threat to current banking giants: Report

Payments banks no threat to current banking giants: Report

Payments banks have a very limited scope of services to offer customers and will particularly not have access to sticky low cost deposits which the traditional banks have along with capacity to lend.

SBI to launch FTSE SBI bond indices

State Bank of India (SBI) proposes to launch FTSE-SBI India Bond Index in association with FTSE TMX Global Debt Capital Markets in order to track Indian fixed income securities.

Arundhati Bhattacharya tops Fortune India powerful women list; Kochhar ranks 2nd

Arundhati Bhattacharya tops Fortune India powerful women list; Kochhar ranks 2nd

Chitra Ramkrishna Managing Director and Chief Executive at the NSE has bagged the 10th position.

SBI's Arundhati Bhattacharya again tops list of most powerful biz women

SBI's Arundhati Bhattacharya again tops list of most powerful biz women

Arundhati Bhattacharya, Chairperson of country's largest bank SBI, remains the most powerful woman in the Indian business sector, according to Fortune India.

In first, SBI takes out Rs 485 crore in profit from overseas operations

State Bank of India on Friday said that for the first time it has repatriated Rs 485 crore of profit from its foreign operations, which helped boost the September quarter net by 10 percentage points to 25.12 percent at Rs 3,879 crore.