Rajnish Kumar

Khara will replace SBI Chairman Rajnish Kumar, whose three-year term comes to an end on October 7.

Earlier this month, RBI allowed one-time restructuring of both corporate and retail loans that are being affected by the COVID-19 related...Read More

Operating profit of the bank increased by 36% to Rs 18,061 crore, against Rs 13,246 crores in the April-June quarter previous fiscal.

Chairman Rajnish Kumar said the focus going forward will be on cost reduction, rationalization and reskilling of workforce, improving sta...Read More

In a letter to the bank's shareholders, Kumar exuded confidence that despite economic headwinds, the robust performance achieved by the c...Read More

Kumar said that both the RBI and the government have taken measures to bring back the economy, derailed by the pandemic, back on track.

On March 27, the central bank had announced a three-month moratorium on payment of all term loans falling due between March 1, 2020 and M...Read More

With a clear aim to increase liquidity and credit flow, the Reserve Bank of India (RBI) announced a slew of regulatory measures. This was...Read More

A purported audio clip where finance minister Nirmala Sitharaman came down heavily on State Bank of India and its chairman Rajnish Kumar....Read More

The interest cost for such investors is seen at an annualised rate of 12-15%, which is unlikely to be recovered given the expectation tha...Read More

In addition to this, SBI also rationalised interest rate on savings bank accounts to a flat 3% per annum

The rates became effective from March 10

New Delhi: The inconvenience and uncertainty faced by Yes Bank depositors may be shortlived as the Chairman of State Bank of India (SBI) ...Read More