You are here: Home >> English News & Features >> BUSINESS & ECONOMY

‘Why should there be different set of rules for public sector banks?’

DNMUM385212 | 3/20/2017 | Author : Manju AB | WC :1224

c-suite chat Arundhati Bhattacharya, Chairman, State Bank of India

Arundhati Bhattacharya, chairman, State Bank of India (SBI), will create history on April 1 when all five associate banks will merge with itself — in the largest such exercise in the banking sector — to blossom out as a single entity. She created history in 2013 when she rose from the ranks and took over as the first woman chairman of the 211-year old bank. In an exclusive interview, she tells Manju AB that her life’s journeys are never with a complete roadmap but with a conviction that challenges can be tackled and goal post is never too far.
Is it necessary for SBI to demand a high monthly minimum average balance (MAB) of Rs 5,000 in savings accounts?
There is an interest of 4% paid on savings bank account. Suppose someon
Read full story

Copyright restricted. Under license from   
Add To Lightbox
Calculate Price


Markets to consolidate ahead of F & O expiry
DNMUM408082 | 2/19/2018 12:00:00 AM | Author : Yogesh Vinod Mehta | WC :390

After two weeks of global market volatility, Indian markets were hit by further volatility on account of rising trade deficit and a shocking bank fraud.
Nifty ended flattish at 10452, losing three points on a weekly basis, while mid and small
Add To LightboxCalculate Price

US yields, ` liquidity to set tone
DNMUM408083 | 2/19/2018 12:00:00 AM | Author : N S Venkatesh | WC :437

For once, everyone in Indian financial markets ignored global market events and stayed focused on the developments around a jewellers’ suspected dubious transactions with a leading public sector bank. While these are initial days and the real story a
Add To LightboxCalculate Price

‘PSA will consider ICD buys in India’
DNMUM408088 | 2/19/2018 12:00:00 AM | Author : Ateeq Shaikh | WC :1598

PM Narendra Modi commissioned Jawaharlal Nehru (JN) Port’s fourth container terminal - Bharat Mumbai Container Terminal (BMCT) - on Sunday, which is the largest foreign direct investment in the port sector. Tan Chong Meng, group chief executive offic
Add To LightboxCalculate Price

PNB is ignoring sovereign guarantee, banks to tell RBI
DNMUM408089 | 2/19/2018 12:00:00 AM | Author : Manju AB | WC :557

Mumbai: Senior executives of Indian banks will warn Reserve Bank of India (RBI) of the international ramifications and the possibility of overseas regulators stepping in if Punjab National Bank (PNB) does not honour its repayment commitments re
Add To LightboxCalculate Price