A clear commitment to liquidity infusion through the G-Sec Acquisition Programme (G-SAP) and other growth-enhancing measures announced by the RBI on Wednesday led bankers to give a thumbs-up to the first policy review of the new fiscal. The RBI policy statement is a clear commitment to assuage uncertainties in the market through guaranteed, continued liquidity support and explicit guidance to navigate through the current COVID surge, the duration of which is uncertain, SBI s Chairman Dinesh Khara said. Welcoming other measures such as co-lending with non-banks being classified as priority sector lending, Khara termed the policy statement as one that leaves a clear imprint on growth .
SBI raises USD 1 billion loan from JBIC to help COVID-hit Japanese auto companies in India
newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.
Our digital transactions have gone as high as 67 pc now: SBI Chairman
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
URL copied
SBI hails Mumbai Police work during pandemic, donates Rs 1 crore
Country s largest lender State Bank of India has donated Rs 1 crore to the Mumbai Police Foundation. The bank said that it is a recognition of Mumbai Police s hardwork during the pandemic. The funds will be utilized for the welfare of deceased police personnelâs families of Mumbai Police.
SBI Chairman Dinesh Khara handed over the cheque to Param Bir Singh, Commissioner, Mumbai Police at the Corporate Centre here.Â
âIt is said that adversity introduces a man to himself. That thought is bought to reality by our nation s COVID warriors and the efforts they made to battle through the pandemic. It is commendable to see how every police personnel sacrificed their safety to ensure the nation is safe, that we are safe, Khara said.
SBI Wealth Hub launched
Updated:
Updated:
Share Article
AAA
The State Bank of India launched its Wealth Management Services by opening SBI Wealth Hub in Mysuru recently.
SBI Wealth now has presence in 64 major centres with a network of 151 wealth hubs and five e-wealth centres in the country. Presently, SBI Wealth is serving over 2,34,000 clients with an AUM of over ₹1,85,000 crore and is looking to significantly increase its Client base to 2,50,000 with an AUM of ₹2,00,000 Crore by March, 2021.
Addressing a gathering at the launch, Dinesh Khara, chairman of SBI, said: “Introducing wealth business has been one of the strategic business priorities of the bank as we have numerous HNI clients whose banking needs require highly specialised services.”