Other private banks also planning to employ bots soon
All shares held by SBI in the five associate banks will stand cancelled after merger.
'I want to leave behind the bank stronger and better than when I took over.'
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Interview with former Reserve Bank of India governor by Duvvuri Subbarao.
Puri has been at the helm of the bank since its inception in 1994.
This shortfall could continue to hurt loan growth in 2016-17.
Under this service, SBI will give services in person or through remote mode.
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
Employee integration and branch rationalisation are major challenges.
This comes at a time when competition has increased significantly.
New SDR norms allow promoters to manage debt-laden firms.
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
Mallya offered to pay Rs 4,000 crore (Rs 40 billion) as settlement.
Criterion for corporates will effectively rule out entry for business houses.
Two members recommended bringing down the rate by 50 bps in the April policy.
Loans to wilful defaults are said to be a little over Rs 1 lakh crore.
Lenders taking up incubator-style roles with small investments in start-ups
'Confidentiality needs to be maintained.'
Benchmark rate for new loans to be lower by 80-90 bps from Friday; move could increase competition but hit commercial papers.
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