Expect retail to constitute 60% of overall loans this fiscal: PK Gupta, MD, SBI

The retail segment, comprising of personal, small and medium enterprises (SME) and agriculture, constituted 57.5 per cent of SBI's domestic loan book at over Rs 17.46 lakh crore during 2017-18.

from Banking/Finance-Industry-The Economic Times https://ift.tt/2IHUhJt

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Money in Swiss banks: India moves up to 73rd place

UK tops the list

from Business Line - Money & Banking https://ift.tt/2z0DX72

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Banks Board Bureau recommends elevation of 15 executive directors as MD PSU bank

The Banks Board Bureau (BBB), the advisory body formed by the government for selection of candidates for top level board appointments, has recommended 15 executive directors to be elevated as managing directors (MD) at various public sector banks.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2tTxWmT

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Under CBI scanner, ex-Canara Bank MD quits RBI panel

In a letter to the regulator, Raman said he had shown the highest standards of integrity in his professional career and the loans to the group were given after following established standards.

from Banking/Finance-Industry-The Economic Times https://ift.tt/2KDegOM

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PNB hikes lending rates by up to 10 basis points

New Delhi, Jun 30 () State-owned Punjab National Bank today raised the marginal cost of funds-based lending rate, the floor rate at which it lends to consumers, for select tenors by 0.05-0.10 per cent.

from Banking/Finance-Industry-The Economic Times https://ift.tt/2yTBnjq

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