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State Bank of India

23 Jun 2024

SBI Plans To Open 400 Branches In FY25: Chairman Khara

SBI General Insurance reported a 30.4 per cent rise in net profit to Rs 240 crore for the financial year ended March 2024.

State Bank of India

16 Jun 2024

SBI To Monetise Subsidiaries After Scaling Up Their Businesses: Chairman Khara

SBI Payment Services Pvt Ltd, which is in the Merchant Acquiring Business, is 74 per cent owned by SBI, and the rest with Hitachi Payment Services.

State Bank of India

09 May 2024

SBI Hiring Nearly 12,000 Employees For Various Roles, Including IT: Chairman

The SBI declared a dividend of Rs 13.70 per share for FY24. The net NPA fell to 0.57 per cent compared to 0.67 per cent last year.

05 Feb 2024

Paytm Customers More Than Welcome To SBI, Says Chairman Khara

The RBI on January 31 directed Paytm Payments Bank to stop accepting deposits or top-ups in any customer accounts, wallets, Fastags and other instruments after February 29.

18 Nov 2023

State Bank of India Sees Minimal Hit From Tighter Rules For Personal Loans

The Reserve Bank of India (RBI) asked banks on Thursday to set aside more capital, following repeated warnings about rapid growth in some personal loans. Governor Shaktikanta Das had in the recent monetary policy review said banks should strengthen internal processes to curb risks.

07 Jun 2022

SBI Chairman gets a BIG salary hike! Here’s how much money he will get

Khara's base salary in FY22 was 27 lakh, with a dearness allowance of Rs 7,42,500. As a result, his total remuneration for April 2021 to March 2022 was Rs 34,42,500. Khara began his career with SBI as a Probationary Officer in 1984 and has over 38 years of experience in the banking industry.

Dinesh Kumar Khara

07 Oct 2020

Dinesh Kumar Khara takes charge as new SBI Chairman from today

Khara`s appointment comes into effect from October 7. The appointment period is of three years. Earlier he was Global Banking & Subsidiaries MD of the bank.

28 Aug 2020

Banks Board recommends Dinesh Kumar Khara as next SBI Chairman

BBB's recommendation will now be forwarded to the government. The final decision will be taken by the Appointments Committee of the Cabinet, headed by PM Modi As per convention, the SBI chairman is appointed from a pool of serving MDs at the bank. Interestingly, Khara was among the contenders for the chairman's post in 2017 as well Khara was appointed as managing director of SBI in August 2016 for a three-year term. He got a two-year extension in 2019 after review of his performance

State Bank of India

11 Jun 2020

SBI CFO to get annual package of Rs 1 crore, three times more than chairman's

The SBI chairman Rajnish Kumar was Rs 29.5 lakh in 2018-19, an SBI annual report had said.

India financial services

21 Sep 2017

Financial inclusion providing the entire range of banking services: SBI chairman

Bhattacharya said the presence of these platforms has actually reduced the cost of transactions to probably the lowest anywhere in the world.

25 Jul 2017

Banks' exposure to telecom sector at Rs 97,681 crore: Arun Jaitley

Finance Minister Arun Jaitley on Tuesday said banks have an exposure of Rs 97,681 crore in the telecom sector, which is grappling with financial stress.

State Bank of India

06 May 2017

Bad debt situation not that grim, recovery hopes intact: SBI

About 16.6 percent of loans to corporates - or about 8.4 percent of the GDP - had been declared non-performing, according to Credit Suisse.

05 Apr 2017

SBI unveils new branding after merger of 6 entities

State Bank of India (SBI) on Wednesday unveiled its new brand identity, designed to position the bank as technology savvy, modern and ready to meet financial needs of all.

State Bank of India

10 Jan 2017

Note ban: SBI chief says situation will normalise by February-end

State Bank of India Chairman Arundhati Bhattacharya today said the prevailing situation arising out of demonetisation will get normalised by end-February, emphasising the need to promote digitisation of economy.

capital infusion

19 Jul 2016

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.

30 Jun 2016

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.

08 Mar 2016

SBI Chairman on Women's Day

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

State Bank of India

31 Oct 2015

SBI chief wants pricing parity with HFCs on home loans

She admitted that the main reason for this arbitrage is the higher cost that housing finance companies pay for funds.

16 Aug 2015

SBI sharpens talent focus; branch mentoring in spotlight

"Including the frontline, everybody will have targets and we are trying to give them the means to check their performance on a monthly basis," Chairman Arundhati Bhattacharya has said.

22 Mar 2015

Sebi board approves IFSC guidelines; Gujarat's GIFT to be 1st

Sebi Chairman U K Sinha said the new IFSC guidelines would help create vibrant capital market activities in such centres.

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