20% NPA in Mudra loans: SBI chairman
The stress in the economy—on the back of the second Covid wave—is showing up on the Mudra and MSME portfolios of the SBI.
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Growth signs visible: SBI chairman
State Bank of India (SBI) —the country’s largest lender by assets—does not expect FY22 to be a complete washout year like FY21.
The force is with Arundhati
Two and a half years after retirement, the former SBI chairman stunned everyone by joining Salesforce as its India head. Now comes the tough part—adapting to a very different industry and culture.
Corporate cash flows not hunky-dory: Dinesh Khara
Balance sheets being closely watched; SBI’s price to book ratio of 0.3 times convinces the new chairman that the market values the bank well.
‘No need to worry about YES Bank deposits’
Prashant Kumar, the bank’s administrator, echoed the words of RBI governor Shaktikanta Das that there was no cause for worry about deposits as the moratorium on withdrawals is set to end on March 18.
Next year will be that of happiness: SBI Chief
Despite posting a loss of Rs 7,718 crore for the quarter ended March, SBI said next year would be a happy one and that it would look to unlock more value from its subsidiaries soon.
