The Banks Board Bureau on Friday recommended Dinesh Kumar Khara for the post of chairman of the State Bank of India (SBI). The board further said that Challa Sreenivasulu Setty will be in the reserve list for vacancy. Dinesh Kumar Khara and Challa …
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She speaks with Bloomberg Businessweek anchors Carol Massar and Jason Kelly in the latest edition of Businessweek Talks. Hosts: Carol Massar
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A Triangle public company is being acquired by a rival residential building materials supplier in an all-stock deal that would make the combined company one of the biggest in the sector. Builders FirstSource Inc. is buying Raleigh-based BMC Stock Holdings …
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“There’s more pain out there that we’re going to have to support the economy through,” Loretta Mester, president of the Cleveland Fed, told CNBC. “What that looks like, we’re going to have to take our time to evaluate that, but I think accommodative monetary …
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… * Q2 provisions up 347% to 1.5 bln rgt, to stay elevated. * Provisioning outside Malaysia related to leisure & hospitality. * 2020 NIM seen squeezed 10-15 bps. * Expects continued weaker performance for rest of 2020 (Adds details, CEO comments on …
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