ArticleField.comInternet's Fastest Growing Free Content Article DirectoryState Bank of India (SBI), the country’s largest lender, may have a managing director (MD) for its international operations. SBI now has four MDs, compared to two earlier. One of the MDs, R Sridharan, is focusing on associates and subsidiaries. Another managing director, S K Bhattacharyya, who retired in October, 2010, was the chief credit […]
Ending the uncertainty over senior appointments at State Bank of India (SBI), Pratip Chaudhuri on Thursday took over the chairmanship of the country’s largest lender. Chaudhuri succeeds managing director R Sridharan, who was the acting chairman after O P Bhatt retired on March 31. The government also issued notifications for the appointments of Diwakar Gupta, […]
For these 23 people, it was a shock they are yet to come to terms with. First, it was credit card bills running into lakhs a month for jewellery, garments and furniture purchases, which they never made. Then, they received demand letters to pay up for loans they never took. The worst was for the […]
Psu banks have put bad loans worth around Rs 6,500 crore on auction for bidding by asset reconstruction companies (ARCs). As per data available up to March 11, the bulk of the non-performing assets arose from loans given to mid-sized companies and small and medium scale enterprises (SMEs). Retail loans such as home loans, credit […]
In spite of a sharp rise in interest rates personal loans grew by 16.2%in February 2011. This is higher than the growth of 4.1% last February (2010). Based on the data provided by the Reserve Bank of India (RBI) most of the components of personal loan such as housing, advances against fixed deposits, vehicle loans […]
