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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
In his three-plus years at the helm, the chairman of the public sector behemoth has turned the bank into a laggard on almost all key parameters, despite the great start given by his predecessors.
State Bank of India, India’s largest public sector lender, will soon have a vacancy at the top. Dinesh Kumar Khara, its chairman since October 2020, retires in August, when he turns 63.
His departure, in fact, could just be the best thing to happen to the bank in the last three-plus years. Because, under him, SBI has been nothing short of a laggard. Khara has done little of note in his tenure, despite getting a great start from his predecessors. We had said so back in November 2022, when he was just two years into the job (you can read …
The stablecoin neobank has raised more than $100 million this year; Saudi Arabia is looking at stock market reforms; and other updates from the week.
Divergent narratives from the Haryana government and the lender raise deeper questions on oversight, authorizations and systemic lapses—answers that may emerge only after a forensic audit.
The Bengaluru-based lender is once again gearing up to seek the RBI’s nod after the central bank returned its application last year.
