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Sunday, July 1, 2018

ATM body urges RBI to correct fee structure to curb losses

The Confederation of ATM Industry (CATMI) has sought immediate regulatory intervention to correct the fee structure in the loss-making ATM deployer

from Business Line - Money & Banking https://ift.tt/2KzmtzT
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ATM body urges RBI to correct fee structure to curb losses

It says the latest RBI direction to reconfigure cash vending machines will increase their cost by at least 25 per cent, leaving them unviable.

from Banking/Finance-Industry-The Economic Times https://ift.tt/2lJd9i6
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SBI, other banks using AI big time to improve efficiency, cut costs

Private sector banks too are using the advance innovative technology for improving workforce productivity and enhancing the customer experience.

from Banking/Finance-Industry-The Economic Times https://ift.tt/2KnkcMb
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SBI expects retail portfolio to constitute 60 per cent of overall loans this fiscal, says MD PK Gupta

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 The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2IFuUrU
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Banks Board Bureau recommends MDs from SBI for appointment as CEOs in other PSBs

The Banks Board Bureau (BBB) on Saturday recommended managing directors from State Bank of India (SBI) for appointment as managing directors and CEOs in other public sector banks (PSBs).

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2IF2Yo5
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