Friday, 12 August, 2022

Topic: SBI

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'.

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. 

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.

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.

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.

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.

On Camera


The new Hyundai Tucson. | Photo Credit: Special Arrangement

Hyundai’s new Tucson comes loaded to the gills. Its style and power match the price

First-generation Tucson was not only quite an ugly vehicle but also drove pretty badly. But the new edition shows how Hyundai has turned the corner.
Illustration: Soham Sen | ThePrint

How EPFO made Rs 68,000 crore off your retirement money by investing in exchange traded funds

Retirement fund body has seen rise in earnings from capital gains from equity. Its earnings are distributed among its subscribers, with EPFO retaining a small surplus.


Yuan Wang 5 vessel | ANI

Chinese research vessel Yuan Wang 5 has ‘slowed down’ but still en route Sri Lankan port

Yuan Wang 5 is currently 599 nautical miles away from Hambantota, having been at sea for 35 hours since departing the Chinese port of Taicang, according to latest data.

In Kashmir 3 years on, 3 positive changes, 3 things that should’ve happened & 3 that got worse

Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.