Former SBI Chairperson Dinesh Khara on Thursday said the country’s largest lender is working on a new version of its digital banking platform to take care of its customers’ requirements and preferences. In his special address at the Global Fintech Fest 2024 in Mumbai, Khara, who superannuated on Thursday, also said that a banker should […]
Discouraging retail play in F&O may help banks garner deposits: SBI’s Dinesh Khara – CNBC TV18
Regulatory moves discouraging retail investors’ derivative market bets may help the banking system garner the much-needed deposits, SBI Chairman Dinesh Kumar Khara has said. Khara said the budget announcements like the tweaks on the short-term and long-term capital gains will not lead to much gains from a deposit accretion perspective. “F&O (future and options) kind […]
Outgoing SBI Chairman Dinesh Khara’s Wish: Hope to see bank post ₹1 trillion profit after tax by FY25-end – CNBC TV18
State Bank of India (SBI) chairman Dinesh Khara said consistently high return of equity (ROE) gives him satisfaction. “We are maintaining, as against the guidance of 15%, we are now more than 20% ROE,” he said. He said SBI is also maintaining an excellent return on assets (ROA), which is more than 1.1% now. Khara […]
SBI Chairman: Not overtly concerned about RBI’s LCR paper; Q1 Slippages just ‘temporary aberrations’ – CNBC TV18
While SBI’s credit deposit ratio remains comfortable, chairman Dinesh Khara said, both the deposit growth and CASR ratio have been impacted as deposit accretion remains lower quarter-on-quarter. State Bank of India‘s chairman Dinesh Khara spoke to CNBC-TV18 on Saturday, August 3, after the lender reported its first quarter earnings. “When it comes to deposit growth, it […]
Budget 2024: Finance minister’s focus on rural and SME sectors are key to inclusive growth, says SBI Chairman – CNBC TV18
Dinesh Khara, Chairman of the State Bank of India (SBI), in an interview with CNBC-TV18, highlighted that the budget’s major focus is on enhancing productivity, particularly within the rural and SME sectors. Finance Minister Nirmala Sitharaman, on Tuesday, presented the Union Budget 2024, which sparked widespread discussion among economists, business leaders, and policymakers. According to […]