While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.
Sir Osborne Smith was the first governor of the Reserve Bank, serving from April 1, 1935, to June 30, 1937.
The branch managers have come out of their glass cabins and the sellers' market has transformed into a buyers' market, but there is no end to the harassment of customers, asserts Tamal Bandyopadhyay.
The empowered committee delegation, including state finance ministers participated in two round table conferences sponsored by the Indo-Canada Chamber of Commerce and the Canada-India Business Council. Tax experts from Couzon Taylor, Brian Wurts, HST Consulting etc, made presentations at the Canadian Imperial Bank of Commerce event.
The mining major is selling the company to reduce its debt.
Hundreds of such share certificates are currently on sale over the internet, including that of Imperial Bank of India, the oldest and largest commercial bank of the Indian subcontinent that later became the State Bank of India in 1955. Issued in 1953, the certificate for 10 shares of the Imperial Bank of India, is available for Rs 400 at eBay India, the local website of the world's largest online auction giant.
The Reserve Bank of India is not a free agent. It never has been, nor should it ever be.
Take the rediff business quiz and see how much you know about banks in India.
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
The state needs great numbers of new-generation entrepreneurs.
Non-Performing Assets are a wake-up call for public sector banks.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
SBI had a tough journey in the last 40 years.
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