Tag: SBI

Congress hails Supreme Court for dismissing SBI plea on electoral bonds but says it’s ‘halfway to truth’

NEW DELHI: The Congress on Monday hailed the Supreme Court for dismissing the SBI’s plea seeking an extension of time to furnish electoral bond details but said it was ”halfway to truth” and the top court should also give directions so that the nation gets to know who contributed funds to the BJP to bag […]

CBI questions former ABG Shipyard CMD Rishi Agarwal: Report

NEW DELHI: The CBI has questioned former chairman and managing director of ABG Shipyard Ltd Rishi Agarwal in connection with its probe into the Rs 22,848 crore alleged banking fraud, the biggest such case registered by the central agency, officials said Thursday. Agarwal was examined recently, the officials said without giving details of exact date […]

CBI issues look out notices against former CMD of ABG Shipyard, 8 others

NEW DELHI: The CBI on Tuesday said it has issued look out notices against Rishi Kamlesh Agarwal, the former chairman and managing director of ABG Shipyard, and eight others in a bank fraud case of over Rs 22,842 crore. The agency in a statement said Look Out Circulars (LOCs) have already been opened by the […]

SBI suspends circular on recruitment of pregnant women

NEW DELHI: After facing criticism from various quarters, the country’s largest lender State Bank of India (SBI) on Saturday decided to suspend its circular on recruitment of pregnant women. SBI recently reviewed its ‘Fitness Standards for Recruitment in the Bank’, including norms for Pregnant Women candidates. Under the new rules, a woman candidate with more […]

Our digital transactions have gone as high as 67 per cent now: SBI Chairman

MUMBAI: The country’s largest lender State Bank of India (SBI) has seen a perceptible increase in the number transactions happening at its multiple digital channels, with the percentage moving from 60 per cent in the pre-pandemic period to 67 per cent currently, Chairman Dinesh Khara said. The rise in the number of digital transactions at […]

State Bank of India sign MoU with Shapoorji Pallonji

NEW DELHI: State Bank of India (SBI) and Shapoorji Pallonji Real Estate on Thursday signed a Memorandum of Understanding (MoU) to enable faster processing of home loans, approvals and to provide other benefits. The lender’s head and chief general manager (Real Estate & Housing Business Unit) Shreekant said the collaboration will create win-win business opportunities […]

Delhi High Court asks SBI to maintain status quo on accounts of Anil Ambani’s firms

NEW DELHI: The Delhi High Court Wednesday asked SBI to maintain status quo with regard to accounts of Anil Ambani’s firms — RCom, Reliance Telecom and Reliance Infratel, which have been declared by the bank as fraud accounts. Justice Prateek Jalan passed the order on a plea by erstwhile directors of the three companies challenging […]

Andhra Pradesh faces debt burden of Rs 3.73 lakh crore: CAG

By Surya Desaraju AMARAVATI: The Andhra Pradesh government’s gross debt burden has increased to Rs 3,73,140 crore by the end of November 2020. CAG’s latest accounts revealed that from April to November 2020 alone Rs 73,811.85 crore was borrowed from different sources as against the annual target of Rs 48,295.59 crore for the whole year. […]

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