ArticleField.comInternet's Fastest Growing Free Content Article DirectoryThe nation’s largest public sector bank, State Bank of India (SBI) has undergone a revamp of its top management and how. After appointing Pratip Chaudhuri as the new chairman, the bank has also promoted its former chief financial officer, Hemant Contractor, as the new managing director (MD) for international banking services. The bank also appointed […]
Never mind the potholes, the narrow lanes, the long waits in traffic jams, India’s appetite for cars seems insatiable. Car prices may be up because of input cost increases, petrol prices may be high and Car loan interest rates may be climbing. But the sales numbers year-on-year show no signs of slowing. A report by […]
State Bank of India (SBI) would try to increase its market share in deposits and loans, without taking a hit on its margins and profitability, said Pratip Chaudhuri, the bank’s new chairman. “There would not be a significant shift in gear. But we would like to reassess business areas in which the bank experienced stress […]
Seeking to temper the highly charged-up discourse on the teaser loans and the bank’s confrontational approach with the RBI, newly-appointed SBI Chairman Pratip Chaudhuri today said the bank will “engage” with the central bank to lower the higher-than-comfortable provisioning requirement. “The current provisioning requirement of 2 % (on teaser loans) is a bit difficult for […]
Its been more than six decade since India transferred to itself the ruling powers from the hands of the British and called itself a democratic republic. Hopes were high when the British left India with proud Indian rulers and their new found powers making promises to an illiterate population to eradicate each problem of the […]
