Eight top bankers met at the Business Standard Round Table on November 18 in Mumbai to discuss the topic – Banking in Tough Times. The participants were Citi CEO for South Asia Sanjay Nayar, Deutsche Bank India MD & CEO Gunit Chadha, HDFC Bank MD Aditya Puri, Central Bank of India Chairperson & MD H A Daruwala, State Bank India Chairman O P Bhatt, Bank of India Chairman & MD T S Narayanasami, ICICI...
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State Bank of India (SBI) has announced that the Central Board of the Bank, at its meeting held on 31 October 2009, has approved the proposed scheme of acquisition of State Bank of Indore by State Bank of India, including a share exchange ratio proposing allotment of 34 equity shares of State Bank of India, in lieu of 100 equity shares of State Bank of Indore. The said scheme is subject to final approval...
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many as 13 public sector banks, including big ones such as Bank of Baroda, Central Bank of India and Union Bank of India, have failed to achieve the annual farm sector lending target during the last fiscal.Besides, Corporation Bank, United Bank of India, Dena Bank, Vijaya Bank, Bank of Maharashtra, Oriental Bank of Commerce and Punjab and Sind Bank also missed the target, said a report on trend and...
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As many as 13 public sector banks, including big ones such as Bank of Baroda, Central Bank of India and Union Bank of India, have failed to achieve the annual farm sector lending target during the last fiscal. Besides, Corporation Bank, United Bank of India, Dena Bank, Vijaya Bank, Bank of Maharashtra, Oriental Bank of Commerce and Punjab and Sind Bank also missed the target, said a report on trend...
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many as 13 public sector banks, including big ones such as Bank of Baroda, Central Bank of India and Union Bank of India, have failed to achieve the annual farm sector lending target during the last fiscal. Besides, Corporation Bank, United Bank of India, Dena Bank, Vijaya Bank, Bank of Maharashtra, Oriental Bank of Commerce and Punjab and Sind Bank also missed the target, said a report on trend and...
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Bank unions have called for a countrywide bank strike on December 16 to protest the merger of State Bank of Indore with the State Bank of India.The All India Banks Employees Association (AIBEA) and All India Bank Officers Association (AIBOA), which are opposing the proposed merger, said they would also hold a protest march to Parliament on December 3 to force the government to reverse the merger.AIBEA...
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Thirteen public sector banks, including the Bank of Baroda, Central Bank of India and Union Bank of India, have failed to achieve their annual target for farm sector lending in the last fiscal.Corporation Bank, the United Bank of India, Dena Bank, Vijaya Bank, Bank of Maharashtra, Oriental Bank of Commerce and Punjab and Sind Bank also missed the target, according to a report by the Reserve Bank of...
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The State Bank of Travancore (SBT) Retirees’ Association has demanded that the move to merge the bank with the State Bank of India (SBI) be dropped.The association Kannur-Kasaragod zonal conference held here on Thursday said the merger move would eliminate the SBT, which was playing a vital role in the development of the State.The conference was inaugurated by All India Bank Retirees’ Federation secretary...
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Bank unions have called for acountry wide bank strike on December 16 to protest the mergerof State Bank of Indore with the State Bank of India.The All India Banks Employees Association (AIBEA) and AllIndia Bank Officers Association (AIBOA), which are opposingthe proposed merger, said they would also hold a protest marchto Parliament on December 3 to force the government to reversethe merger.AIBEA general...
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S. Balachandran has taken charge as Chief General Manager of the State Bank of Travancore (SBT). He started his career as a probationary officer with the bank. He was Deputy General Manager (Finance and Treasury) at the State Bank of Saurashtra and then General Manager, Business Process Re-engineering and Risk Management (for associate banks) with the State Bank of India. Prior to this elevation, Mr....
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