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India needs 4-5 more large banks of SBI’s size: Finance minister Nirmala Sitharaman

Financial Express 27 Sep 2021
Already, the wide-scale consolidation exercise in the public-sector banking space in recent years has created some large lenders with strong balance-sheet to lend to big projects ... .
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India needs 4 -5 more banks like SBI to meet changing requirements of the Indian ...

IIFL 27 Sep 2021
The FM asked IBA to improve access of banking in every district through a rationalized approach and optimal utilization of digital technologies ... .
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India needs 4-5 more SBI sized banks: FM

TeluguStop 26 Sep 2021
Mumbai, Sept. Sep 26 . India needs a lot more banks and a lot more large sized ones to meet the growing needs of the country needs in the path o. Source.TeluguStop.com Read More. ....
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India Needs Four SBI-Sized Banks To Meet Future Needs: Nirmala Sitharaman

NDTV 26 Sep 2021
Finance Minister Nirmala Sitharaman has said that country needs at least four banks equivalent to the size of SBI to meet changing needs of economy ... .
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SBI offers home loan at 6.7%: Check eligibility, documents and more

Zeenews 26 Sep 2021
The SBI offers home loans with terms ranging from three to thirty years ... .
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India needs at least 4, 5 banks the size of SBI: Union Finance Minister Nirmala Sitharaman

Indiatoday 26 Sep 2021
India needs at least four or five banks the size of State Bank of India (SBI), the country's biggest lender, Union Finance Minister Nirmala Sitharaman said on Sunday ... .
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India needs 4-5 'SBI size' banks to meet growing needs of economy: Nirmala Sitharaman

The Telegraph India 26 Sep 2021
India needs four to five “SBI size” banks to meet the growing needs of the economy and industry, finance minister Nirmala Sitharaman said on Sunday. Addressing the 74th annual general meeting of the Indian Banks’ Association (IBA), she said the industry needs to imagine how Indian banking has to be in the immediate and long-term future ... .
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India needs 4-5 SBI-size banks to meet growing needs of economy: Sitharaman

Business Line 26 Sep 2021
India needs at least four or five different State Bank of India (SBI) size banks to meet the growing needs of the economy, said Finance Minister Nirmala Sitharaman ... But that was thought of even before the pandemic ... SBI is India’s largest bank with total deposits of ₹37.20 lakh crore and gross advances of ₹25.23 lakh crore as at June-end 2021.
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Sitharaman says nation needs more big banks the size of largest lender SBI

Hindustan Times 26 Sep 2021
The rationale for merging banks even before the pandemic was to scale up to meet the new, changing and growing requirements of the economy, Sitharaman told an annual meeting of the Indian Banks' Association. PUBLISHED ON SEP 26, 2021 02.45 PM IST ... "The economy is shifting to a different plane altogether," Sitharaman said ... She did not give details ... ....
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SBI fixed deposits (FD) vs Post Office deposits: Latest interest rates

Live Mint 26 Sep 2021
All top banks, including the State Bank of India (SBI), gives the customers an option of opening an FD- be it short term or long term- depending upon their needs and requirements ... SBI fixed deposits (FDs). For an SBI FD, the tenures may vary from 7 days to 10 years, depending upon the need of investment, whether it is for the short-term or long-term.
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