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Dinesh Kumar Khara (born 28 August 1961) is a career banker and former chairman of the State Bank of India a position he assumed on 7 October 2020 and served there till 28 August 2024. [ 1 ] [ 2 ] [ 3 ]
Challa Sreenivasuu Setty (born 26 September 1965), also known as C.S. Setty, is an Indian banker and current Chairman of State Bank of India, India's largest public sector bank. As one of the Managing directors, he looked after International Banking, Global Markets and Technology verticals before succeeding Dinesh Kumar Khara as the 27th ...
The chairperson of the State Bank of India is the chief executive officer of India's largest scheduled commercial bank and the ex-officio chair of its Central Board of Directors. Since its establishment in 1955 by the government of India , the State Bank of India has been headed by twenty-seven chairpersons.
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. [ 11 ]
The TDS rate for insurance commission, life insurance policy payments, rent payments, and commission or brokerage payments is proposed to be decreased from 5% to 2%. The TDS rate on payments made by e-commerce operators to e-commerce participants for the sale of goods or services is set to be reduced from 1% to 0.1%.
November - SBI Sumishin Net Bank, Ltd. commenced business; 2011 April 14 - Hong Kong Stock Exchange listed on the ( SEHK : 6488 ) On April 27, 2011, SBI Securities, a unit of SBI Holdings, agreed to acquire a 25 percent stake in PT BNI Securities, a subsidiary company of Bank Negara Indonesia for Rp.114 billion ($16.70 million). [8]
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This code is provided on the cheque books, which is required for transactions along with recipient's account number. RTGS is a large value funds transfer system (with a minimum transaction value of ₹ 200,000 (US$2,400)) where financial intermediaries can settle interbank transfers for their own account as well as for their customers.