India’s largest lender State Bank of India has appointed Alok Kumar Choudhary as Managing Director, with effect from June 7, 2022. According to the bank’s exchange filing, “Vide Notification No.: eF. no. 21112021-BO.ldated 07th June,2022 issued by Department of Financial Services, Ministry of Finance, Government of lndia, it has been notified that “in exercise of…
State bank of India (SBI) has announced few key reshuffling in the bank’s HR and Technology departments. Om Prakash Mishra who was elevated to the post of Deputy Managing Director (DMD) in May 2021, is now designated as DMD (HR) & Corporate Development Officer (CDO). He has taken over from Rana Ashutosh Kumar Singh who…
State Bank of India has invested an undisclosed amount in digital payments firm Cashfree. Cashfree is a payment and banking technology company, based out of Bangalore. As a complete payments platform, it claims to help over 50,000 businesses collect and send money. It counts Xiaomi, Tencent, Zomato, Zoomcar, Cred, Club Factory, Shell, Google-backed Dunzo as…
State Bank of India (SBI), India’s largest lender, announced that it has sold Rs. 4,000 crores of the Basel compliant Additional Tier 1 (AT1) bonds at a coupon of 7.74%. This is the lowest pricing ever offered on such debt, issued by any bank since the country started implementing the stringent Basel II capital rules…
Dhanlaxmi Bank on Tuesday announced that it has appointed V. Viswanathan as the Additional Director on the Board of the Bank. His appointment was decided in the Board meeting held on December 9,2019. As per the official press release, Viswanathan’s appointment is secured until the next Annual General Meeting. Viswanathan has an experience of more…
The State Bank of India (SBI), the largest lender of the country has announced Prashant Kumar as their Chief Financial Officer (CFO). In 1983, Kumar joined SBI as Probationary Officer and since then he has held various important positions in Bank. Kumar is a Science graduate, he also pursued Law from Delhi University. He has diverse experience in various areas of banking…
State Bank of India has invited applications from eligible and interested candidates for appointment to specialist cadre officers’ posts. The last date to apply is September 24. DETAILS OF POSTS: Deputy Manager (Regular): 27 Fire Officer (Contractual): 21 EDUCATIONAL QUALIFICATION: Deputy Manager: Graduate with minimum 5 years of Commissioned Service in Armed Forces or as…