Monday, 29 November, 2021
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A customer exits a Vodafone Idea store in Mumbai | Photographer: Dhiraj Singh | Bloomberg

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.
File photo of former SBI chairman Pratip Chaudhuri | Commons

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'.
File photo of former SBI chairman Pratip Chaudhuri

Rajasthan HC stays trial court arrest order, grants bail to ex-SBI chairman Pratip Chaudhuri

Former SBI chairman Pratip Chaudhuri was arrested after a Jaisalmer court admitted a protesting petition against the Rajasthan Police filing a closure report in a case of fraud. 
Representational image for the judiciary | Photo: Commons

What is a protest petition, based on which former SBI chief Pratip Chaudhuri was arrested

A Jaisalmer court had accepted a protest petition filed by former directors of a hotel, who alleged the ex-SBI chief sold their Rs 200 crore-worth property for just Rs 25 crore.
File photo of former SBI chairman Pratip Chaudhuri

Bad loan scam or defaulters dodging debt? The story behind former SBI chairman’s arrest

SBI ex-chair Pratip Chaudhuri has been accused of ‘conniving’ with asset reconstruction firm to wrongly declare a loan NPA, and sell property worth Rs 200 crore for Rs 25 crore.
An SBI branch in Bengaluru | Photo : Karen Dias | Bloomberg

SBI’s profit tops estimates, Q2 income sees record 67% jump to Rs 7,627 crore

SBI's retail loan book grew 15.2% from a year ago, driving its overall advances due to high festive demand. Its bad loan ratio narrowed to 4.9% from 5.32% rise in the previous quarter.
File photo of former SBI chairman Pratip Chaudhuri

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.
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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?
Rajnish Kumar, chairman of State Bank of India Ltd., speaks during a panel session on day three of the World Economic Forum (WEF) in Davos. | Photographer: Jason Alden | Bloomberg

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.
Illustration: Ramandeep Kaur | ThePrint

Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?

Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.