rajnish kumar


RBI policy rate hike transmission soon, say bankers

Jun 06 2018

Bankers said that the Reserve Bank's decision to hike policy rate by 25 basis points will anchor inflationary expectations and policy rate transmission would happen in the coming days.

SBI to modify rules for startup investments

Jun 03 2018

Country's largest lender SBI, which has not been able to invest in fintech startups despite earmarking funds, is now looking to modify rules to kickstart the infusion, a top official has said.

SBI to sell stake in SBI Gen, SBI Card and SBI Caps soon: Kumar

May 22 2018

State Bank of India's chairman Rajnish Kumar today said the lender is looking at selling stakes in some of its subsidiaries over the next two years.

Businesses should adjust to one-day loan default norm: SBI

Apr 19 2018

Rajnish Kumar said businesses should adjust to the new one-day default norm under the revised NPA framework and ensure timely payment of their loan dues.

'Time ripe for holding co for PSBs to fix fund-crunch,fraud mess'

Mar 10 2018

It is the right time to consider a holding company for Indian public sector banks to manage the country's fraud-hit and cash-strapped financial industry, Mundra said.

PNB swindle: SBI hopes to get its dues back

Feb 26 2018

SBI Chairman Rajnish Kumar said he expects PNB to clear the bank's USD 212 million (Rs 1,360 crore) dues in the Nirav Modi case.

SBI picks right time to pivot, is well-positioned for growth

Feb 12 2018

Recently, SBI reported an unexpected dip into the red. It’s a poor start to the tenure of new Chairman Rajnish Kumar, but he has a good idea of where the bank is headed.

India Inc hails RBI retaining repo rate, relief for MSME sector

Feb 07 2018

India Inc welcomed the Reserve Bank of India decision to keep its key lending rate unchanged at 6 per cent, stating that it was "on expected lines".

RCom-RJio deal protects lenders' interest: SBI chief

Dec 29 2017

Rajnish Kumar said the telecom deal involving acquisition of wireless assets of RCom by RJio is a "good and welcome development" that fully protects lenders' interest.

'RCOM's decision to monetise wireless assets a good development'

Dec 29 2017

RCOM announced it was selling its wireless assets to Reliance Jio, SBI Chairman Rajnish Kumar termed it a good development and would hopefully set an example.

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