Rajnish Kumar to be next SBI chief; to replace Arundhati Bhattacharya
Rajnish Kumar has been appointed as the next Chairman and Managing Director of State Bank of India. He will replace Arundhati Bhattacharya next week.
Farmers defaulting to pay back debts to banks, expecting loan waive off
Expectation of loan waiver has prompted farmers across states to stop repayment of money owed to financial institutions.
Home loans to become cheaper after RBI cuts provisions on individual loans
Reserve Bank of India has decided to cut down risk weight and provisions for individual home loans. This is set to cut down home loan EMIs.
SBI to offer Unnati Credit Card with ‘zero annual fee’
State Bank of India will offer zero annual fee credit card to accounts having ₹20,000. This is to expand credit card access and to bring more people in the organized…