Indian Banking Industry News, Banking Industry, Banking Analysis, Banking Sector, Banking Companies in India
SBI chief's salary zilch compared to counterparts in pvt banks

SBI, one of the world's 50 largest banks, pays only a small fraction to its top management as compared to private sector players like ICICI Bank and HDFC Bank.


The UKs largest government-owned bank said it was moving the jobs, which help handle loans for small businesses, as part of an ongoing cost-cutting drive.

Bank officers union has asked the government to urgently appoint officer and workmen nominee directors on the boards of public sector banks.
The Central Bank of India has become the fifth public sector bank (PSB) to come under the Reserve Bank of India's Prompt Corrective Action (PCA).
Country's largest lender SBI has expressed apprehensions that demonetisation may continue to result in slowing down of the economy, and adversely affect its business.
It may also consider some stake sale in its non-core assets including CCIL, NSE and UTI MF.