Fri, Sep 20, 2019
Corporate tax cut: Rajnish Kumar said, "This move could also materially lead to India effectively integrating with the global supply chain and a boost to Make in India campaign.”
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Sat, Aug 31, 2019
SBI Chairman Rajnish Kumar stated that the announcements also "underline the fact that the government recognizes the importance of a robust banking system in achieving the goal of $ 5 trillion economy as bigger banks will be better armed to meet the credit needs of a fast growing economy like ours."
Mon, Aug 19, 2019
Amid the economy roiling through a slowdown in demand and consumption, State Bank of India (SBI) Chairman Rajnish Kumar on Sunday raised the pitch for a stimulus, saying that the credit demand remains subdued. Watch this video to know more.
Tue, Aug 06, 2019
Gross slippage is slightly high in the first quarter, but two-three reason increased its level this time, says Rajnish Kumar, Chairman, State Bank of India (SBI), in a candid chat with Zee Business.
Fri, Jul 05, 2019
Prime Minister Narendra Modi described the Budget as one of hope and expressed confidence that it will boost the country`s development in the 21st century, giving strength to the poor and providing a better tomorrow for the youth.
Fri, May 10, 2019
Watch this video for an exclusive conversation with SBI Chairman Rajnish Kumar.
Thu, Nov 29, 2018
Rajnish Kumar, Chairman, SBI, in an exclusive interview with Anil Singhvi of Zee Business, talks about YONO app, NBFCs, SBI's focus towards technology and ongoing liquidity crunch as well as loan waiver culture in the country.
Mon, Sep 17, 2018
Rajnish Kumar, chairman, State Bank of India (SBI), expects some more amendments to come into the law so that the debate around existing promoters being kept out of the bidding process is settled. As he completes the first year in the corner office, he is hopeful that the problem of non-performing assets (NPAs) is being tackled in a systematic manner and the bank is ready for growth and profitability.
“Whenever the bidders are trying to suppress the price of the asset, bankers will prefer to take the company to liquidation rather than sell it off at a huge discount to the new promoters. In quite a few cases, this has happened,” Kumar said while emphasising that the “payment discipline is sacrosanct”.
Mon, Aug 13, 2018
Rajnish Kumar, Chairman, SBI, feels that the profit in the current quarter of July-September would be contingent on the NCLT approving a resolution of one large account. In an exclusive interview with Zee Business, Kumar said the bank is planning to sell 4 per cent stake in its general insurance subsidiary, SBI General Insurance this financial year.
Wed, Aug 01, 2018
Now RBI policy repo rate stands at 6.50% from previous 6.25%. Talking about the policy SBI chairman Rajnish Kumar said, "The RBI decision to raise repo rate by 25 bps for the second time in succession is a clear desire to frontload the rate hike cycle."
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