Dinesh Kumar Khara is taking over at a time when the overall economy is expected to shrink for the first time in the last four decades

State Bank of India will not conduct any written exam but select candidates on the basis of interview as well as relevant work experience

Government's plan to infuse Rs 20,000 crore into public sector banks puts no pressure on the Centre, but the lenders have to be ready with enough capital if matters go south

SBI Chairman Rajnish Kumar added that SBI is adding over 70,000 customers per day to the platform, and has added 2.7 crore users in the last six months due to the COVID-19 pandemic

This issuance comes after a successful issue of Tier 2 bonds worth Rs 8,931 crore last month by State Bank of India

According to the latest 'Currents' report on developer and SMB trends in the cloud by DigitalCloud, Indian SMBs demand for digital services is likely to outpace US demand and increasing technical talent pool

China's exports rose for the third consecutive month in August, eclipsing an extended fall in imports; The employees working with major IT companies have availed the maximum Employees' provident fund (EPF) advances under COVID-19 window; State-run Airports Authority of India (AAI) wants Adani Group to take control of three airports - Ahmedabad, Mangaluru and Lucknow - by November. Watch this and more on News Blast.Also Read: SBI to hire 14,000 employees; dismisses job cuts due to VRS

Yesterday, SBI proposed a voluntary retirement scheme under which the bank said about 30,190 employees are eligible. SBI has an existing workforce of around 2.50 lakh

State Bank of India (SBI) has planned a voluntary retirement scheme (VRS) with an aim to cut costs

While most countries are in different stages of trials with regard to their potential COVID-19 vaccine candidates, Russia is all set to roll out its newly developed vaccine Sputnik V for civilian use this week; Delhi Metro has resumed services in three stages from Sept. 7 after a hiatus of over five months due to the Covid-19 pandemic, but stations in containment zones would remain closed; Banks may restructure loans of more than Rs 10 lakh crore largely attributed to 5-6 critical sectors, including aviation, commercial real estate and hospitality, that have been severely hit by the COVID-19 outbreak Watch this and more news on News Blast.Also Read: Vodafone Idea share rises 10% after board clears plan to raise Rs 25,000 crore

Delhi Metro to resume in 3 stages, stations in containment zones to remain shutDelhi Metro is set to resume services in three stages from Sept. 7 after a hiatus of over five months due to the Covid-19 pandemic, but stations in containment zones would remain closed, DMRC said. Officials of the urban transporter also cautioned that \"trains may not stop at some of the stations\" if social distancing norms are not adhered to by the passengers.Transfer cash to poor, give free food, borrow more ...

Stocks to watch today on September 7: SBI, Lakshmi Vilas Bank, RIL, Maruti Suzuki, Vodafone Idea among others are the top stocks to watch out for in Monday's trading session

Doctors at Fortis Hospital in Bannerghatta Road confirmed that the woman recovered from COVID-19 in July, and called it \"the first case of COVID-19 reinfection\" in Bengaluru

The proposed scheme -- 'Second Innings Tap VRS-2020' -- is aimed at optimising human resources and costs of the bank

State Bank of India (SBI) has changed the marginal cost of funds based lending rate (MCLR) linked retail loan's reset frequency to 6 months as against 1-year earlier

As per the proposed eligibility criteria, a total of 11,565 officers and 18,625 staff of SBI qualify for the new VRS scheme

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Renu Pall faces charges of fraud for claiming VAT refunds, hiring a transit accommodation for rent of Rs 15 lakh per month as well as misrepresentation of facts on permissions taken from the ministry

\"The amalgamation process will take some time and the new entity will start functioning from April 1, 2020,\" MD and CEO of UBI, Ashok Kumar Pradhan, said

Union Budget 2019: Even as we head for the first Budget of Prime Minister Modi's second term, news is coming out that the government is planning to help Air India and telecom PSU siblings, BSNL and MTNL, raise massive debt in order to keep them running