SBI JOBS IN INDIA
RIL, SBI lift muted D-Street; investors' wealth soars Rs 450 lakh crore
The 30-stock S&P BSE ended with minor declines at 79,996.60, losing 53.07 points or 0.07%. Meanwhile, the broader Nifty closed with 21 points or 0.09% gains at 24,323.85.
What CJI Chandrachud's ‘stratospheric’ market remark means for equity markets
Indian headline indices' record hitting spree has raised alarm bells among sections of market enthusiasts and the latest to jump into the bandwagon is the Chief Justice of India (CJI) DY Chandrachud who has advised market regulator Securities and Exchange Board of India (Sebi) to exercise caution in order to safeguard investors’ money.
For people's man Challa Sreenivasulu Setty, the challenge is to take high-flying SBI to newer heights
Challa Sreenivasulu Setty's upcoming role as the chairman of State Bank of India follows a period of remarkable growth under Chairman Khara's leadership, marked by a substantial increase in the bank's stock price and improved asset quality.
Government panel recommends Challa Sreenivasulu Setty as next SBI Chairman
"Financial Services Institutions Bureau interfaced with 3 candidates on June 29, 2024 for the position of Chairman in State Bank of India," the panel said in a release. The Bureau added that taking performance and experience into consideration, Setty was their choice for the job.
Banks may relatively underperform compared to rest of the market: Ajay Srivastava
The deal turnaround cycles are three months to six months. So, fundamentally the banks have a problem that the best customers of them can raise equity any point of time. Most of the India is getting deleveraged.
Re-KYC update of bank account: How to update KYC of bank account online in HDFC Bank, SBI, Canara Bank, ICICI Bank
How to update KYC details: Re-KYC is a procedure that allows banks and other financial organisations to stay up to date on a customer's most recent contact data and personal details. Here is how you can update your KYC details online for these top banks.
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Use any rallies to switch from IT to domestic themes: Vinit Bolinjkar
Kotak Bank is suffering from the pains of RBI strictures and until that is sorted out I do not think this stock is going anywhere. So, 1600 was a strong support level that has given way and the stock can get into a vertical fall I think for another 200 points, according to Vinit Bolinjkar, Ventura Securities.
RBI allows Ujjivan Small Finance Bank to rope in former SBI veteran as MD & CEO
The Reserve Bank of India has approved Sanjeev Nautiyal as the Managing Director & CEO at Ujjivan Small Finance Bank for three years, effective from July 1, 2024. Nautiyal, with over three decades of banking experience, will hold the position of President before officially assuming his role, subject to shareholder approval. Ujjivan praised Nautiyal's leadership qualities and strategic retail banking expertise, expressing confidence in his ability to further the bank's mission of financial and digital inclusion.
"Congress manifesto is regressive while ours...": Rajnath Singh
Defense Minister Rajnath Singh criticized Congress's manifesto as regressive, contrasting it with the upcoming progressive BJP manifesto. He highlighted the differences in minority appeasement approaches and addressed Congress's promises regarding reservations and caste census.
Sensex falls nearly 300 points, slips below 74K ahead of RBI policy outcome
Indian blue-chip indices opened lower due to IT, metal, and auto stocks before RBI's monetary policy. Tech Mahindra, JSW Steel, L&T, and others showed mixed performance.
SBI forecasts 15% growth in deposits for FY25; expects RBI rate cut only in Q3FY25
This outlook comes amidst a backdrop of sustained momentum in credit growth, particularly across agriculture, MSME, and services sectors, as revealed by the latest credit growth numbers.
Electoral Bonds Case: Congress hails SC order on SBI extension plea, says court protected Indian democracy
Congress party leader KC Venugopal has praised the Supreme Court's decision to reject SBI's request for an extension to disclose details about electoral bonds until June 30, 2024.
Data sovereignty: SBI mulling to build its own domain-specific LLM
State Bank of India plans to build its own domain-specific Large Language Model (LLM) to co-exist with open-source models. The bank emphasizes data sovereignty and the potential impact of GenAI on white-collar jobs.
IIM Indore completes final placements with 150+ recruiters making offers to 594 students
Consulting attracted 25% of the total offers, while the finance cohort made up 19% of the total offers. Recruitments in the sales & marketing function formed 19% of the total offers and 12% of the batch opted for IT/analytics roles. 25% of the batch was extended offers for roles in general management, HR & operations.
BFSI sector sees surge in demand for legal, compliance professionals
Demand for specialist legal and compliance professionals has surged in the BFSI sector in the past year. Companies are seeking to bolster their in-house legal teams with chief legal officers, chiefs of compliance, and general counsels. The demand is driven by stricter regulatory guidelines, evolving governance structures, and accelerated digitization of the legal system. Companies are also focusing on fair practices and regulatory adherence.
SBI Clerk Prelim Exam 2024: 8,773 Openings for Junior Associates; Exam procedures and timings
SBI Clerk Prelim Exam 2024: The State Bank of India announces 8,773 openings for Junior Associates in a clerical cadre, with a preliminary exam scheduled for January 5, 6, 11, and 12, 2024. The exam is online, comprising sections on English, Numerical Ability, and Reasoning. Adherence to reporting times, proper documentation, and a prohibition on certain items in the exam hall are crucial. Successful candidates can expect a salary between Rs 26,000 and Rs 29,000 along with various perks.
NARCL gets a chief from its agent amid hopes the process speeds up
The NARCL has concluded the acquisition of just six companies since it started operations in January 2022 to house banking-sector advances that had gone sour. Dharani Sugars and SPML Infra and Parenteral Drugs were acquired by the bad bank in this financial year, following Jaypee Infratech, SSA International and Helios Photovoltaic that were acquired last fiscal.
Lenders facing known and unknown challenges, need agile responses: Bank chiefs
HSBC India CEO Hitendra Dave said though technology has made banking easier, the risks are sometimes unknown. He cited the example of the ransomware attack on the world's largest lender by assets Industrial and Commercial Bank of China (ICBC) earlier this month which forced the bank to re-route trades using spreadsheets stored on portable drives and accessing the internet using dongles.
SBI Clerk Recruitment: State Bank is hiring 9,000 clerks. Here is how to apply, last date, salary, eligibility, exam pattern
The State Bank of India (SBI) has released the notification for SBI Clerk Recruitment 2023, offering approximately 8,773 vacancies. The application window is open from November 17 to December 7, 2023. Candidates must be between 20 and 28 years of age and hold a bachelor's degree from a recognized university. The selection process includes an online test and a test of the specified local language.
View: Jobs growth data should not be peddled to create a misleading narrative
There could be several reasons for this, notably the shifting priorities in the Indian labour market. In particular, the sample respondents might be changing. People in the lower strata are moving up, with their household addresses thereby changing. So, CMIE may be concentrating more on stable households, thereby on stable income, resulting in an average higher sample coverage of mostly people with stable income, and, hence, the bias.
India's labour market undergoing structural transformation, latest survey data misinterpreted: SBI Research
The recently released sixth annual PLFS report from the NSSO gauging unemployment rates across rural and urban areas for pan-India as also states with different levels revealed a significant decline in the unemployment rate from 6.1 per cent in FY18 to 3.2 per cent in FY23, with an accompanying increase in Labour Force Participation Rate from 36.9 per cent to 42.4 per cent, with the Female Labour Force Participation Rate far outstripping the overall gains.
SBI Card-Reliance Retail JV targets shoppers of the retail giant
SBI Card CEO Abhijit Chakravorty said the card will be offered to walk in customers of Reliance Retail in stores as well as through applications accepted online. He did not share the minimum cut off required to be eligible for the card.
Govt extends tenure of SBI chairman Dinesh Khara until August 2024; MD Ashwini Tewari gets 2-year extension
India has extended Dinesh Khara's tenure as the chairman at State Bank of India, the country's biggest bank, till August 2024. Khara had taken the role of SBI's chairmanship on October 7, 2020 for three years. According to the norms, SBI chairman can hold the position till the age of 63.
India added 5.2 crore new formal jobs in FY20-23: Report
The government has since April 2018 releasing monthly payroll data from the Employees Provident Fund Organisation or EPFO, the National Pension Scheme or NPS and the Employees State Insurance Corporation or the ESIC, based on the recommendations given by Ghosh & Ghosh report.
52 million formal jobs created under EPFO, NPS in four years: SBI Ecowrap
Citing the data from FY’20 to FY’23 for EPFO and NPS, the report further said 47% of the payrolls generated during the period were first time jobs. Of the total jobs created, 48.6 million were created under EPFO while 3.1 million were created under NPS. The report suggests bank sakhis to be hired as bank correspondents to increase the share of women in labour force from the current 27%
TCS CEO on jobs scandal, $2 billion deal cancellation & more; Byju’s announces key appointments
OK, Tata. A day after India’s largest tech company Tata Consultancy Services (TCS) kicked off the earnings season with subdued numbers, CEO & MD K Krithivasan sat down with ETtech, talking about everything from the latest recruitment scandal in the company to macroeconomic indicators. This and more in today’s ETtech Morning Dispatch.
SBI hiring specialist cadre officers. Place of posting, how to apply and other details
SBI is hiring for positions of Company Secretary. The process of selection will be based on shortlisting and interview and the suggested place of posting is Mumbai.
SBI hiring over 1,000 retired bank employees. Check eligibility and how to apply
SBI jobs: The selection process will be based on shortlisting and interview. The minimum age of candidates should be 60 and maximum 63.
SBI PO Mains Result 2022 to be out soon: How to check and other details
The SBI PO Mains examination was held on January 30, 2023, to fill up 1673 posts across various branches of SBI. All relevant information is also available on the SBI's official website.
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