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SBI, associates merger by March end: SBI chief

SBI, associates merger by March end: SBI chief

Unfazed by nation-wide public sector bank strike, SBI chief Arundhati Bhattacharya today said the merger of 5 associate banks and Bhartiya Mahila Bank with the state-owned lender should be over by next March.

PSBs need govt support for viability of social schemes: SBI

SBI chief Arundhathi Bhattacharya on Friday said the government needs to think about "ways and means" to sustain social security schemes.

U-turn on payments banks: SBI chief sees 'opportunity' for all

"With this new competition, I think there is a huge opportunity out there for the entire banking sector. And this opportunity is for us to take," she said.

SBI chief for innovative lending to contain NPAs

With non-performing assets from large corporates at worryingly high levels, State Bank of India Chairperson Arundhati Bhattacharya Monday said lenders should be innovative in tailoring their products.

No magic wand to bring down bad loans: SBI chief

State Bank of India (SBI) Chairperson Arundhati Bhattacharya Tuesday said she does not have a magic wand to deal with bad loans, which soared to Rs 61,605.35 crore at the end of March.

Process of recovery of dues from Kingfisher on: SBI chief

Asked how much the bank has recovered from the sale of Kingfisher Airlines' shares, she said, "Nothing very much. I think the recovery is in the range of Rs 350 to Rs 400 crore."

With a woman at helm, fairer HR policies likely at SBI

Female employees at SBI can look forward to fairer HR policies as the bank's first woman chief Arundhati Bhattacharya Tuesday hinted at allowing staff to avail of long sabbaticals, among other initiatives.

FinMin seeks relaxation in selection norms for SBI chief post

"To have suitable panel of candidates, we have requested Appointments Committee of the Cabinet (ACC) for exemption in regulatory guidelines," Financial Services Secretary Rajiv Takru said.

No enough grounds to justify CRR: SBI chief

Sticking to his demand for doing away with the mandatory cash reserve ratio or CRR, State Bank of India Chairman Pratip Chaudhuri Monday said that merely citing some existing rules do not justify the practice.

RBI snubs SBI chief on CRR comments

A top RBI official Monday snubbed SBI Chairman Pratip K Chaudhuri for his remarks suggesting abolition of Cash Reserve Ratio, bluntly telling him that he has to find "some other place" if he could not work as per the central bank's regulatory environment.

Kingfisher continues to be an NPA, says SBI chief

The carrier is in a financial mess and struggling to service its loans, which have run up to over Rs 6,000 crore.

Efforts being made to help Kingfisher: SBI chief

The Vijay Mallya-led private carrier is in a financial mess struggling to service its loans that has run up to over Rs 6,000 crore.

No hike in interest rates on cards: SBI chief

SBI Chairman O P Bhatt has said no increase in interest rates is expected in the near future, allaying apprehensions on the return of the tight money policy.