Arundhati Bhattacharya, former chairman, State Bank of India, will carry home the Lifetime Achievement Award, while Romesh Sobti, CEO, IndusInd Bank, will walk away with the Banker of the Year award for 2016-17. T
In the first quarter ended June of the current fiscal, SBI has reported a hefty loss of Rs 4,876 crore due to higher NPAs or bad loans. Banks, especially state-owned, are sitting on heavy bad loans and are adopting an aggressive approach to resolve them by making recoveries through various modes.
SBI recruitment 2018: The State Bank of India (SBI) has released a notification for recruitment of specialist cadre officers posts. Those interested are required to apply at the official website — www.sbi.co.in/careers.
Banks had recently agreed to adopt an inter-creditor agreement for consortium lending, under which the lead bank will be entrusted with the job of preparing a time-bound resolution plan for mid-sized bad loans.