Rajnish Kumar

Timelines

27 Mar 2020

RBI's 3-month EMI moratorium: All you need to know

Earlier in the day, the Reserve Bank of India (RBI) announced a few measures in view of the 21-day lockdown over coronavirus.

07 Mar 2020

SBI working on Yes Bank's reconstruction scheme, says bank chief

State Bank of India Chairperson Rajnish Kumar on Saturday said that the bank has received the draft scheme for the reconstruction of the crisis-hit Yes Bank.

06 Jul 2019

Five famous alumni of IIT Kanpur you should know about

The Indian Institutes of Technology (IITs) are the country's premier engineering institutes that are recognized as centers of academic excellence in science and technology.

28 Apr 2019

#FinancialBytes: Here's what changes for SBI customers from 1 May

The state-owned State Bank of India (SBI) is the largest public sector bank in the country with more than 42 crore customers.

02 Jul 2018

Arijit Basu takes over as SBI Managing Director

The State Bank of India (SBI), the country's biggest public lender, has appointed Arijit Basu as its next Managing Director (MD), it said in a statement.

17 Jun 2018

After 10.5% pay-cut, HDFC Bank CEO earns Rs. 2.64L daily

India's highest-paid banker, Aditya Puri, HDFC Bank CEO, has taken a pay cut of 10.5% for FY18. Despite the reduction, he will earn a whopping Rs. 2.64L per day, or Rs. 9.6cr annually!

06 Jun 2018

8 popular start-ups currently offering jobs in Gurugram

Start-ups have become popular among job seekers these days in India for the country is emerging as one of the world's fastest-growing start-up hubs.

02 May 2018

Uninvited, BJP minister barges into a Dalit man's house

Rajnish Kumar, a Dalit man from Aligarh, alleged that a BJP minister barged into his house, uninvited, with his own food, mineral water and cutlery.

21 Apr 2018

SBI to save Rs. 30cr through wind/solar power investments annually

On the eve of World Earth Day, State Bank of India said it saved Rs. 125cr in the last eight years by installing 10 windmills, and expects to save Rs. 30cr annually through its renewable energy investments.

19 Apr 2018

Cash crunch will be resolved by tomorrow, says SBI chairman

A severe cash crunch still persists across various cities and states, but SBI Chairman Rajnish Kumar has assured the problem will be resolved by tomorrow.

01 Feb 2018

For the first time, credit cards for farmers, courtesy SBI

India's biggest public lender, the State Bank of India, is introducing special credit cards for farmers, probably the first such product for the community.

13 Dec 2017

Arundhati Bhattacharya sleeps on Baku Airport floor amid 19-hour delay

Former SBI chief Arundhati Bhattacharya was one of the dozens of Indians who reached Mumbai from London after a delay of about 24 hours.

04 Oct 2017

Rajnish Kumar named new SBI chairman

The government has named Rajnish Kumar as new chairman of State Bank of India, the country's biggest bank.

26 Sep 2017

SBI reduces minimum balance limit to Rs. 3,000; reduces penalty

India's largest lender State Bank of India (SBI) has now brought down the monthly average balance (MAB) limit, for metros, on saving accounts from Rs. 5,000 to Rs. 3,000.

20 Sep 2017

Cheque books of six SBI subsidiary banks to become invalid

Cheque books and IFSC codes of six subsidiary banks of SBI would become invalid post September 30, the country's biggest public lender announced.

19 Sep 2017

SBI is now reviewing minimum balance charges for savings accounts

According to reports, India's largest lender State Bank of India (SBI) has informed that it will re-evaluate non-maintenance of monthly average balance (MAB) charges for certain categories of accounts.

18 Sep 2017

Amid state-sponsored loan waivers, SBI proposes a one-time settlement scheme

State Bank of India (SBI) in a bid to address its massive outstanding from agricultural loans and 'inculcate a repayment culture' among farmers is attempting to lure farmers with a one-time settlement scheme (OTS).

18 Sep 2017

SBI will fund Aadhaar linkage costs, technology upkeep via penalty

According to reports, State Bank of India (SBI) will use the sum accrued from the penalty received via bank accounts that have failed to maintain a minimum balance, to cover the Aadhaar linkage costs.

18 Jul 2017

SBI launches web portal for home buyers

The country's largest commercial bank, State Bank of India, has launched a dedicated portal for home buyers called "SBI Realty".

13 Jul 2017

SBI cuts NEFT, RTGS charges by up to 75%

The SBI has reduced charges for National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) by up to 75%, to be implemented from July 15.

09 Jun 2017

SBI cuts interest rate on home loans to 8.6%

SBI has now slashed down the interest-rate of home loans above Rs. 75 lakh by 10 basis points. From June 15, the rate for the same will be 8.55-8.6%.

08 May 2017

SBI home loan interest rates slashed by 0.25% from tomorrow

SBI has announced a 0.25% cut in interest rates for affordable home loans under Rs. 30 lakh.

02 May 2017

State Bank of India slashes rates by 50 basis points

The country's largest lender, State Bank of India, has slashed its interest rates by up to 50 basis points (bps) for various maturities to ward off high-cost deposits.