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Sunday, September 29, 2024
TopicSBI

Topic: SBI

Ex-SBI chairman Pratip Chaudhuri arrested in loan default case, sent to 14-day judicial custody

A case was filed against Chaudhuri in 2015 for allegedly seizing a Jaisalmer hotel property in a loan settlement case and selling it at a throwaway price through fraudulent means.

What you must know about India’s digital currency and how it differs from Bitcoin

With the rising rate of cryptocurrency adoption worldwide, many countries like India have started to test the waters of digital currency by launching their own Central Bank Digital Currency (CBDC). But how does it work?

How I guided SBI through demonetisation, IBC, Jet Airways crisis and Covid: Rajnish Kumar

In ‘The Custodian of Trust’, former SBI chairman Rajnish Kumar writes about telling his 2.6 lakh employees to maintain ethics in banking and a work-life balance.

SBI ex-chairman’s memoirs are as much a personal journey as the story of India’s banking sector

Rajnish Kumar's book 'The Custodian of Trust' published by Penguin Random House India, will be released on 21 Oct on ‘SoftCover’, ThePrint’s e-venue to launch select non-fiction books.

Markets, inflation are feeding Indians’ gold frenzy. Govt should wean them away

Marriage and festive demand, and high inflation are pushing gold imports. Decline in interest rates on savings instruments, and equity market issues could boost this further.

SBI-led consortium receives over Rs 5,800 crore in Vijay Mallya loan default case: ED

ED had earlier transferred Mallya-owned UBL shares worth about Rs 6,624 crore to the SBI-led consortium on directions of a special PMLA court that is hearing his case in Mumbai.

Analysts have never been this bullish about SBI in nearly two decades

47 of 48 analysts recommend buy and 1 has a hold rating — a ratio of 98% that’s the highest since June 2004. SBI posted a record profit in the latest quarter that beat estimates.

SBI is caught between Modi & Larry Fink and is trying to please both

SBI needs to finance coal projects to meet Modi's push to electrify more homes, yet it wants to back renewable projects to appease investors restricting support to firms involved in coal.

India’s GDP may not have shrunk so badly last year, but don’t expect good news after 2nd wave

The National Statistical Office had forecast that the economy will contract by 8%. But economists expect the contraction to be around 7-7.5%.

‘Worrying signs’: Covid hits rural India hard, it now has nearly half of all new cases

The total number of daily cases being reported across India is nearly 300 per cent higher as compared to last year, meaning they will exert pressure on rural health infrastructure.

On Camera

Hassan Nasrallah’s assassination underlines Israel’s military supremacy. Will it win peace?

Israeli Prime Minister Benjamin Netanyahu has no intention of being drawn into another attritional war with Hezbollah. His commanders they are unlikely to win.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?