Tag: Rajnish Kumar

Former SBI chief appointed exclusive advisor to Kotak Groups $1 billion stressed assets fund

NEW DELHI: Former SBI chairman Rajnish Kumar was on Friday appointed as the exclusive advisor to a USD 1 billion-stressed assets fund floated by the Kotak Mahindra Bank group. Kumar retired as the chairman of the country”s largest lender in October last year after an over four-decade career. Earlier this week, there were reports of […]

SBI chief slams ‘selfish’ private sector bank for Altico crisis

NEW DELHI: State Bank of India (SBI) chairman Rajnish Kumar has slammed a “selfish” private sector lender for the crisis at Altico Capital, as its unilateral move to secure its own money can potentially cause troubles to the wider financial system. The realty-focused non-banking lender Altico, which owes over Rs 4,500 crore to the system […]

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