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Thursday, August 14, 2025
TopicSBI

Topic: SBI

Customers suffer as banks miss deadline to switch to safer chip-based debit & credit cards

The RBI had set 31 December 2018, as the deadline for all banks to replace magnetic strip debit & credit cards with chip-based ones.

Electoral bonds worth more than Rs 1,000 crore issued in 2017-18, says RTI reply

Modi government's scheme had drawn flak from opposition, which had raised concerns that it would lead to an opaque poll funding process. 

Revised back-series GDP data poses a problem for SBI – how did we really perform?

SBI report says bank’s performance will have to be rewritten based on the new data and this can be contentious due to questions over credibility.

Harshad Mehta’s brother among 9 bank officials acquitted in SBI fraud case

The nine officials were acquitted in a case of Rs 105 crore fraud involving State Bank of India.

SBI ex-chief on Vijay Mallya: Loan was taken. He can pay. So why should it take so long?

Arundhati Bhattacharya had said that SBI went after Vijay Mallya as he had given a personal guarantee for Kingfisher’s loans.

Modi govt: Don’t quote report that showed higher GDP growth under UPA than NDA

Report by government-backed panel has pegged average growth under UPA at 8%, higher than that during 4 years under NDA.

Banks earn Rs 5,000 crore from customers breaching minimum balance in 2018

According to banking data, SBI earned the most at Rs 2,433 crore followed by HDFC which made Rs 590 crore. 

Fund managers flock to shorter debt over rate hike, trade war uncertainty

Kotak Mahindra AMC and Mirae AMC are among investors seeking refuge in debt maturing in less than 5 years.

Why India needs to fix GST, publish GDP back-series before trying quick fixes for banks

All kinds of patchwork solutions are in the works for reviving comatose state-run lenders that account for 70 per cent of India's banking sector.

Sinking rupee will soon hit bank earnings, market liquidity

Creating a rupee shortage risks worsening liquidity in India’s banking system, which is already running short of cash.

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.