SBI last reduced its lending rate in January by cutting it by 0.05 per cent.
It is imperative to invest in real time marketing, even at double speed.
Pratip Chaudhuri, SBI chairman, feels that the airlines should bring the amount to the table.
The Supreme Court on Wednesday stated that the three-member panel of Vikram Limaye, Amitabh Choudhary and Anirudh Chowdhury will represent the Board of Control for Cricket in India at the International Cricket Council's meeting, starting in Dubai, on Thursday.
Reserve Bank's recent policy stance has earned for it praise as well as brickbats.
SBI Chairman Pratip Chaudhuri on Tuesday once again expressed his open disagreement with the RBI on cash reserve ratio (CRR) saying it is a "waste" for the economy and successive interest rate cuts by central bank have failed to contain inflation.
Within hours of RBI slashing the Cash Reserve Ratio (CRR) by 0.25 per cent, State Bank (SBI) on Tuesday hinted at a likely reduction in lending rates soon.
The pandemic is set to become even more challenging, with migrant workers returning home, relaxations in lockdown rules, and the approaching monsoon. However, states are looking at community participation to ramp up testing and home treatment of patients
India should declare Hafiz Saeed as a proclaimed and absconding offender in the case and offer a huge reward to anyone who could help in his capture and prosecution before the Mumbai court, says B Raman
There are very few people in the world who qualify to be called a living legend. Astad Deboo is one of them.
According to the annual report of SBI, overall staff strength declined by 7,452 employees during the last fiscal.
State Bank of India Chairman Pratip Chaudhuri again made a strong pitch for a reduction in banks' Cash Reserve Ratio (CRR) at the Reserve Bank's mid-quarter review of monetary policy scheduled September 7.
Reserve Bank of India Governor D Subbarao surely knows how to crack a joke even on as mundane a topic as the cash reserve ratio (CRR).
Worst quarter in a decade, fund crunch, Fitch downgrade and messy NPAs. . . he has had little to cheer about
Soon after unveiling of the Reserve Bank's mid-quarter policy review, country's largest lender State Bank of India on Friday said lending and deposit rates will go up in view of the festive season demand.
The new Council of Ministers has representation from almost all the states, except Andhra Pradesh and the north-eastern states of Nagaland, Manipur, Mizoram, Sikkim and Tripura.
The entire Khan family makes its way to MAMI.
In the interaction that followed the discussion on 'Supporting Our Candidates: Stretching the Indian American Dollar,' former Indian-American Leadership Initiative president Jay Chaudhuri lamented the disconnect between the older and younger Indian-American generations.
A division bench of justices Pinaki Chandra Ghose and Mrinal Kanti Chaudhuri passed the order granting continuation of the stay till disposal of the appeal.
Pakistan President Asif Ali Zardari and the United States have reasons to be gratified by the turn of events in the country with regard to the memogate scandal. B Raman analyses
A village head says that after the IAF pilot landed on Pakistani soil he attempted to destroy documents in his possession.
At present, CRR, the portion of deposits which commercial banks keep with the central bank, stands at 6 per cent.
The transmission of the last cash reserve ratio cut has also not happened fully because that came in March.
Last month, RBI slashed cash reserve ratio -- the percentage of deposits that banks have to keep with the RBI -- from 5.5 per cent to 4.75 per cent. With this, the central bank had infused Rs 48,000 crore (Rs 480 billion) into the economy.
Chaudhuri Charan Singh was both a politically ambitious man and a man with dear policy proposals. An extract from Paul R Brass's fascinating, new, biography.
With a substantially weakened Left Front and the Congress, political observers say the anti-Trinamool vote will go to the BJP.
Come with full data, put in more equity, get other creditors on board and begin homework for RBI okay: SBI chief.
They will fawn over a prize catch who has brought a rich dowry of Gwalior-Chambal politicians. But in the end, all BJP members are prajas of Amit Shah and Narendra Modi, notes Sunanda K Datta-Ray.
A new crop of politicians is redefining the dynamics of politics in Uttar Pradesh. Neerja Chowdhury analyses the mood change in the poll-bound state.
Seeking to downplay the impact of the downgrade by Moody's, the country's largest lender SBI on Wednesday admitted that the action will marginally increase medium term borrowing costs, and said it is a "reminder" to the government to urgently capitalise it.
SBI says the downgrade will not hurt the bank that much.
RBI slams public sector banks for the strange phenomenon of profits dipping when a new chairman takes over.
All the results from the I-League and ISL matches played on Saturday.
India is looking towards "unlocking processes" and exploring "doables" to revive the stalled dialogue with Pakistan, officials said on Friday, as Indian Foreign Secretary Nirupama Rao prepares to meet her Pakistani counterpart Salman Bashir next week in Thimpu.
The savings bank deposits in banks in the country are already deregulated in a sense, with the swipe system allowing them to convert the deposits to fixed deposit to enjoy the higher rates, said Pratip Chaudhuri, chairman, SBI.
SBI held its asset liability committee meeting on Thursday evening to finalise its rate hike move.
It is time India valued this relationship and paid more attention to the Land of the Thunder Dragon, says Nilova Roy Chaudhury.
For those who fail to make it to the famed IIMs or other premier management institutes, IIM-Calcutta has plans to offer quality online courses to more than 5,000 students in the coming years.
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