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Friday, February 27, 2026
TopicSBI

Topic: SBI

Banks made Rs 4,818 crore from minimum balance penalties in FY24-25. LS report flags burden on poor

Committee on Petitions flags disproportionate charges, even as RBI allows penalties. Collectively, banks amassed a staggering Rs 28495 crore in the past 5 years as MAB charges.

Fears that VB-GRAM G will increase financial burden of states ‘unfounded’, says SBI report

Report says VB-G RAM G will bring down inefficiency linked to MGNREGA. According to report, inefficiency, structural weakness, misappropriation led to loss of employment to 1.22 cr households a yr.

Why Bombay High Court upheld SBI decision to report Anil Ambani to RBI for ‘fraud’ in RCom case

Court dismissed Ambani’s plea for a personal hearing, saying that SBI had provided him adequate opportunity to explain his case in line with RBI and Supreme Court directions.

Nationalisation to privatisation—what SBI, LIC and Air India tell us about public sector policy

About seven decades ago, the Indian government under PM Jawaharlal Nehru nationalised three major entities. Their journey has one clear message.

Campaign for digital life certificates for pensioners sees ‘significant success’

Campaign 3.0 generates 77 lakh digital life certificates nationwide within two weeks.

2024 Investment Guide: Top Funds for a Prosperous Future

As we move into 2024, investors are presented with a range of opportunities to build a robust investment portfolio.

Scams are ‘part of India’s national character’. It goes as far back as 1971 Nagarwala case

Rasheed Kidwai’s latest book digs up the 1971 case where a retired Army Captain scammed SBI of Rs 60 Lakh by imitating Indira Gandhi and her Principal Secretary PN Haksar.

94% of agricultural & allied output out of MSP net, govt needs to find alternatives, says SBI report

The research report also pointed out that only few states benefit from govt's procurement policy. It added that a legal guarantee for MSP would lead to the neglect of non-MSP crops.

Banker N Vaghul was key player in liberalisation. Narasimha Rao to Vajpayee relied on him

N Vaghul knew how to navigate the maze of Indian civil services. He was always respectful but never servile.

Department of Pension and Pensioners’ Welfare launches integrated portal

The integrated pensioners’ portal of Bank of India brings together the pension processing and payment services of five banks into a single window.

On Camera

Racial attack on Northeast people finally has govt’s attention. What about Muslims?

The largest number of victims of identity-based abuse in India are Muslims. In this case, the abuse comes from people at the top, and nobody is willing to do anything about it.

After Bharat Taxi, Cooperation Ministry plans insurance sector entry via IFFCO-Tokio

After launching Bharat Taxi, the ministry explores offering insurance products across cooperative banks via IFFCO-Tokio with cooperative banks as corporate agents.

Navy, Germany’s TKMS wrap up cost negotiations for new submarines, P-75I deal likely early next fiscal

It is estimated the deal would eventually work out to cost around $9 bn at least for 6 submarines—negotiated down by India. Original bid by state-run MDL & TKMS was over Rs 1.2 lakh cr.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.