Rajnish Kumar is a SBI veteran, having joined the bank as a PO in 1980. Currently the Chairman, Kumar helms the fastest growing large size bank in the country, as recognized by BW Businessworld for this year’s Best Bank Awards. In a conversation with BW Businessworld’s Suman K Jha, Kumar lists SBI’s strengths, takes readers through its growth trajectory, and also talks about the larger public sector bank ecosystem.
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With only 7.2 crore customers out of the 21 crore credit eligible Indians, the banking sector awaits new growth and opportunities in the country. Panel discussions and keynote addresses at the 11th BW MAGNA Awards 2019 delved further into the future of banking.
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In health insurance plans, on the other hand, personal accident cover is available as an optional add-on. The premiums are very low and the cover is optional.
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Make sure you aren’t committing these all too common mistakes with respect to your own Insurance portfolio.
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Shares of State Bank of India closed 3.29 per cent down at Rs 348.55 apiece on the BSE on Wednesday.
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The investment comes at a time when Indian non-banking financial companies are strained for funds due to a liquidity crisis that hit the sector hard last year, prompting the so-called shadow banks to look for funding overseas.
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RBI to cut its repo rate by 25 basis points at its June 4-6 meeting, bringing it to 5.75 per cent - the lowest since July 2010.
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While the next market movement is anybody’s guess, there are, fortunately, a few steps one can take to ensure that their Mutual Fund investments remain on track. Here are a few.
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