State Bank of India (SBI) is stepping up efforts to increase gender diversity and aims to achieve 30% women representation in its workforce within the next five years.“When we talk about frontline staff, women make up almost 33%, but in total they represent 27% of the total workforce. So, we will work towards improving this […]
The measure is intended to promote transparency, competition and merit-based hiring at the highest levels of the banking system | Photo credit: Rawpixel Now, private sector candidates can apply for the post of Managing Director in State Bank of India and for Managing Director-cum-Chief Executive Officer in any of the eleven public sector banks. The […]
The technology sector continued to dominate market discussions this week, while investors are bracing a flurry of updates from TOP -T companies. TCS starts the profit calendar, followed by management commentary and subsequent market reactions later in the week. Speaking with et now, Pankaj Pandey, main research, icicidirect.com emphasized that the IT index saw a […]
Although equity and debts are two different asset classes, Blue-Chip Nifty PSU shares Coal India now offers a juicy dividend yield of 7%, which is comfortable SBI’s highest FD securities of 6.45% for long-term investors looking for a regular income. Dividend yields, although not guaranteed such as bank FD payments, seem more attractive in a […]
The SBI board is led by chairman, assisted by four managing directors. | Photocredit: Rupak de Chowdhuri FSIB, the Headhunter for Banks and Financial Institutions Directors, has recommended Ravi Ranjan for the position of director of State Bank of India (SBI). Ranjan, currently deputy director, would replace the director Vinay M Tonk, who would complete […]
Markets were exchanged in a moderate way on Thursday and finished marginal higher, took a breath after the recent increase. In today’s trade, shares of Infosys, Asian Paints, Maruti Suzuki, SBI, NBCC will include focus because of various news developments. InfosysLeading IT service player Infosys LTD announced a purchase of RS 18,000 crore on Thursday […]
Earlier this month, the proposed deal was approved by the Competition Committee of Indi | Photocredit: Francis Mascarenhas Yes Bank on Wednesday said that the RBI changes in the Bank’s articles of the Association (AOA) have approved with regard to the appointment of the nominee directors on the board. The changes are related to the […]
After State Bank of India and Bank of India, another Loanschieterbank from Baroda has classified the loan account of Insolvent Relocation Communication as fraudulent and his former director, Tycoon Anil Ambani, mentioned, under alleged abuse of loans that lost more than a decade, according to a regulatory submission. Rcom said it received a letter from […]
Tata Capital is planning to pick up $ 2 billion (RS 17,200 crore) via a first public offer (IPO) in the week of September 22, aimed at a rating of around $ 11 billion, according to a report on Sunday. The non-bank financial enterprise is expected to be stated on 30 September. PTI reported that […]
SBI chairman Challa Sreenivasulu Setty As the volume of merger and acquisition (M&A) allows in its own country, the supervisor must allow to allow Indian banks to finance such transactions, said State Bank of India (SBI) Chairman CS Setty during the FIBAC event that is held here on Monday. “For some time we have asked […]