SBI’s Banker For All Seasons
Betting big on digital, Dinesh Khara has taken India’s biggest lender to dizzying new heights.
Betting big on digital, Dinesh Khara has taken India’s biggest lender to dizzying new heights.
India's largest lender leads financial inclusion, leveraging its vast network of branches, banking correspondents and financial literacy centres.
The monetary tightening amid fight against inflation will not affect the credit off-take and investment cycle in the economy, says SBI Chairman Dinesh Khara.
The stress in the economy—on the back of the second Covid wave—is showing up on the Mudra and MSME portfolios of the SBI.
State Bank of India (SBI) —the country’s largest lender by assets—does not expect FY22 to be a complete washout year like FY21.
Two and a half years after retirement, the former SBI chairman stunned everyone by joining Salesforce as its India head. Now comes the tough part—adapting to a very different industry and culture.
Balance sheets being closely watched; SBI’s price to book ratio of 0.3 times convinces the new chairman that the market values the bank well.
Prashant Kumar, the bank’s administrator, echoed the words of RBI governor Shaktikanta Das that there was no cause for worry about deposits as the moratorium on withdrawals is set to end on March 18.
Despite posting a loss of Rs 7,718 crore for the quarter ended March, SBI said next year would be a happy one and that it would look to unlock more value from its subsidiaries soon.