The Delhi High Court directed former managing director of BharatPe Ashneer Grover to take down his tweet against the company within within 48 hours. The court also told Ashneer Grover to delete his tweet in which he called SBI chairman “petty people”. Addressing RBI governor Shaktikanta Das, Ashneer Grover said that BharatPe has deliberately “defrauded” the central bank by bringing …
The government on Tuesday appointed SBI's senior-most Managing Director Dinesh Kumar Khara as the chairman of the the country's largest lender. The central government appoints Dinesh Kumar Khara as chairman of State Bank of India for a period of three years with effect from the date of his taking over charge of the post on or after October 7, 2020 …
Contrary to market expectations, there was not too much demand or clamour for restructuring of loans as permitted by RBI recently to beat the COVID-19 related stress, SBI Chairman Rajnish Kumar said. He expects not more than Rs 1.5 lakh crore worth loans would avail restructuring benefit even though people have projected it to be around Rs 8 lakh crore. …
To provide Rs 50,000 crore equity support to stressed MSME units, a Fund of Funds announced as part of the Rs 20.97 lakh crore Aatmanirbhar Bharat Abhiyan package is expected to get operation soon, State Bank of India Chairman Rajnish Kumar said on Monday. The objective of the Rs 10,000 crore Fund of Funds scheme is to help MSMEs with …