Page 2 - Sbi Chairman Rajnish Kumar
Are fixed-floating rates a sound option for retail home loan borrowers?
Two leading industry experts debate the merits and demerits of the new fixed-floating rate product that the SBI chairman proposed recently
 "Are fixed-floating rates a sound option for retail home loan borrowers?")
SBI Chairman slams 'selfish' private sector bank for Altico crisis
According to reports, a leading private sector bank allegedly moved in to secure its exposure by "netting-off" money from a fixed deposit maintained by Altico
 "SBI Chairman slams 'selfish' private sector bank for Altico crisis")
State Bank of India plans to open nearly 10 lakh YONO Cash Points
The bank has no plans to discontinue debit cards but increased use of the digital platform will itself reduce the requirement of the debit cards, SBI Chairman Rajnish Kumar said
 "State Bank of India plans to open nearly 10 lakh YONO Cash Points")
No concern on liquidity of NBFCs, says SBI chairman Rajnish Kumar
Assuring lending support to non-banking financial companies, SBI Chairman Rajnish Kumar Sunday said there was no concern on liquidity of such firms, amid ongoing debt crisis in IL&FS Group. Shares of housing finance companies came under sudden heavy selling pressure Friday as investors raised concerns over rising cost of borrowing for the companies amid crisis at IL&FS. Experts attributed the fall in NBFCs' scrips to tightness in money market and a lack of clarity on IL&FS exposure. "Some comments are being attributed to SBI about the Bank being wary of lending to NBFCs. The rumours are baseless. SBI lends support to NBFCs in private and public sector within the regulatory policy framework and will continue to do so," Kumar said in a statement. In fact, the recent regulatory guidelines on the co-lending model opens up further opportunities for collaboration between SBI and non-deposit taking NBFCs to increase lending to priority sectors, he added. "There is no concern on ..
 "No concern on liquidity of NBFCs, says SBI chairman Rajnish Kumar")
