by TEXTILE VALUE CHAIN | Sep 23, 2020 | Industry And Cluster, News & Insights
SBI Chairman Rajnish Kumar, on Tuesday, said there has not been too much of rush for loan restructuring so far as announced by the Reserve Bank of India. According to him, more than banks, corporates are reluctant to go for restructuring. Hence, there might not be...
by G.Thulessiraman | Aug 27, 2020 | Industry And Cluster, News & Insights
State Bank of India is planning to set up an entity to rival National Payments Corporation of India (NPCI). This attempt is done by SBI to enter the country’s highly competitive, yet fast-growing, digital payments ecosystem as a primary stakeholder. The possibility of...
by G.Thulessiraman | Aug 24, 2020 | Covid 19, Finance & Economy, Industry And Cluster, News & Insights
State Bank of India has tried bringing relief to various account holder in this pandemic. India’s largest lender has introduced doorstep SBI ATM service for its customers. This move will bring the much-needed social distancing between customer in this Covid-19...
by TEXTILE VALUE CHAIN | May 7, 2020 | Industry And Cluster, News & Insights
Non-banks to apply for benefit; Crisil-rated NBFCs owe ₹1.75 lakh crore, MFIs ₹18,500 crore In a move that could give a huge relief to the non-banking finance companies (NBFCs) facing a cash crunch, the State Bank of India (SBI) has decided to extend loan moratorium...
