India Inc meeting capex need with own cash, says SBI chief C S Setty

India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in ‘anaemic’ demand for bank loans,......

Improve Customer Service, Banks Told, Or Else!

In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers.The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal......

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP)......

Why Don't These Banks Have A Chairman?

UCO Bank, Bank of Maharashtra, Bank of India, Indian Overseas Bank, Indian Bank, and Central Bank of India don't have a non-executive chairman. IMAGE: Kindly note the image has been posted only......