rajnish kumar


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.

SBI to launch YONO lifestyle-cum-banking app, portal

Nov 23 2017

SBI will unveil the country's first integrated lifestyle and banking digital platform on Friday to be launched here by Finance Minister Arun Jaitley.

SBI chief says rating upgrade to make foreign funds cheaper

Nov 17 2017

Kumar has welcomed the first sovereign ratings upgrade by Moody's in 13 years as a positive measure that will make foreign funds cheaper.

Limited space for further cut in lending rate: SBI chief

Nov 09 2017

Rajnish Kumar said that there is limited space for further easing of the lending rate.

SBI deploys Microsoft Office 365 across its network

Nov 02 2017

The State Bank of India (SBI) has deployed Microsoft Office 365 to improve communication and collaboration among its workforce.

State Bank of India to lend $357 million to solar projects

Oct 30 2017

SBI said it will lend 23.17 billion rupees to six companies for 575 megawatts of grid-connected rooftop solar projects under a World Bank programme.

NPAs, profitability top priorities: SBI's Rajnish Kumar

Oct 05 2017

"...Bad loans need to be resolved on an urgent basis as it will help in reviving the economy," Kumar said.

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Stocks In News



Promoter Instant Holdings bought over 1% stake, or 28 lk skares, in co for Rs 111 Cr

Shares acquired at average price of Rs 395.95

By Dec 2017, Instant Holdings held 1.80 cr shares, or 7.01% stake, in Co

Mint Reports


Automotive Tyre Mfg Association says shortage of carbon black may shutdown plants

Demand supply gap has gone up to 20% in FY18

Financial Express Reports


Centre urges graphite electrode mfg cos to cut local prices

Also signaled possibility of introduction of an export tax

Graphite electrodes are used to melt scrap to produce new steel

Financial Express Reports


Arm Buys 4.84% More Stake In Ranbaxy Malaysia For 1.66 Mn Ringgit


Acquires 46% stake in PTCL with a total Enterprise Value of Rs 232 Cr

Acquisition indicated to be completed by Q1 FY19

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