Rajnish Kumar

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

The bank will use this fund for various activities related to COVID-19 mainly to support health care for underprivileged people

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

SBI said its shareholding in Yes Bank will remain within 49% of the paid up capital of the private lender and following the fund infusion...Read More

The rates became effective from March 10

Sources said that RBI governor Shaktikanta Das and SBI Chairman Rajnish Kumar met on Monday and discussed the plans to rescue YES Bank

Yes Bank was on Thursday placed under a moratorium, with the RBI capping deposit withdrawals at Rs 50,000 per account for a month and sup...Read More

State Bank of India (SBI) is all set to pick up 49 per cent stake in the crisis-ridden Yes Bank under a government-approved bailout plan....Read More

In August last year, Finance Minister Nirmala Sitharaman had announced merger of 10 banks.

Asked about the credit crunch in the Indian economy, Kumar said he believes the credit market will be back to stability and normalcy soon.

New Delhi: SBI Chairman Rajnish Kumar on Saturday said most banks will be in a good position with respect to stressed assets by March and...Read More

State Bank of India chairman Rajnish Kumar has said that Housing Finance Companies (HFCs) should focus more on providing retail loans ins...Read More

Lower provisions and higherinterest income helped State Bank return to the black during the first quarter ending June with a net income o...Read More