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Tuesday, June 18, 2024
TopicSBI

Topic: SBI

Loan demand at SBI rising despite inflation, higher borrowing costs, says chairman

Loan growth at India's biggest lender is expected to be robust, underpinned by demand from businesses after two straight years of credit contraction.

As CBI probes mystery of SBI’s missing coins worth over Rs 11 cr, here’s what its FIR states

According to the FIR, SBI had constituted a committee for an audit of coins worth close to Rs 13 crore held by the bank. But coins worth Rs 11,62,11,275 were found missing.

Indian banks ‘unprepared’ for climate-related risks, RBI must take action, new report says

None of the 34 banks Climate Risk Horizons analysed have assessed the resilience of their portfolios in the face of climate change. Only 2 have committed to stop funding new coal power plants.

SBI profit in third quarter rises 62% on improved consumer demand

With a fifth of India’s loan market, SBI is a key barometer on the health of the country’s financial sector and a key player for economic revival.

‘Baboo’s feelings hurt’?— How precursor to SBI treated Indian customers in British era

In ‘The SBI Story’, Vikrant Pande traces the history of India’s oldest bank, and how it came to be during the British Raj.

How did SBI become synonymous with banking in India? New book tells story of last 2 centuries

Published by Westland Books, The SBI Story by Vikrant Pande, will be released on 2 February on SoftCover, ThePrint’s e-venue to launch select non-fiction books.

SBI, Amundi Asset Management plan to offload combined 10% stake in mutual fund JV via IPO route

India’s largest lender aims to sell a 6% stake in SBI Funds Management and Amundi 4%, the firms said in separate filings Wednesday. The IPO will seek to raise about $1 billion.

Why do banks ban crypto trade? They lack KYC-AML checks, so it’s better to not deal at all

Banks, RazorPay, CCAvenue are doing indirectly what the RBI was prohibited from doing directly—ban crypto trade.

Vodafone Idea in talks with SBI for loan after relief from Modi govt

The bank loan, if it materialises, will be a lifeline for the company which hasn’t reported annual profit since Mukesh Ambani's Reliance Jio unleashed a tariff war in 2016.

SBI ex-chairman was arrested in ‘routine drive’ to clear backlog, 20 months after warrant

First non-bailable warrant against Pratip Chaudhuri was issued in February 2020, but he was arrested only on 31 October 2021. Rajasthan Police say warrants were pending because of 'Covid situation'.

On Camera

‘Bridgerton’ sex scenes don’t hesitate with body positivity—and the fans love it

In the world of ‘revenge bodies’ and ‘weight loss journeys’, it is wonderful to be unabashedly worshipped for one’s curves, as Colin does for Penelope in the famous ‘mirror scene’.

Siddaramaiah defends fuel price hike amid protests by BJP — ‘don’t we need money for development?’

BJP alleges the hike will be put towards bankrolling Congress govt's 5 guarantees in Karnataka, while CM Siddaramaiah says hike is to 'increase resource mobilisation, increase income'.

Takeaways from Doval-Sullivan meet — semiconductor partnership, co-investment in lithium project

NSA Ajit Doval met with US counterpart Jake Sullivan at 2nd meeting of initiative on Critical and Emerging Technology. Other areas of collaboration include space, biotechnology, AI.

Sangh wants BJP to know it’s not dispensable. It’s a rap on the knuckles, nothing more

Occasional lovers’ tiffs have marked history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power.