Friday, 12 August, 2022
TopicSBI

Topic: SBI

SBI ex-chairman was arrested in ‘routine drive’ to clear backlog, 20 months after warrant

Ananya Bhardwaj -
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

Ananya Bhardwaj -
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

Bhadra Sinha -
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

Ananya Bhardwaj -
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

Suvashree Ghosh -
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

PTI -
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

PR Spot -
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

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

ThePrint Team -
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

Ila Patnaik -
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.
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Opinion

The new Hyundai Tucson. | Photo Credit: Special Arrangement

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

Kushan Mitra -
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.
Chinese President Xi Jinping, European Council President Charles Michel, German Chancellor Angela Merkel, French President Emmanuel Macron, and European Commission President Ursula von der Leyen during an EU-China leaders' meeting via video conference | Twitter: @vonderleyen

Not just Russian oil and gas, China is dividing Europe—money to metals

Bihar Chief Minister Nitish Kumar being greeted by Deputy Chief Minister Tejashwi Yadav after taking oath, at Raj Bhavan, Patna | PTI

In Bihar, both BJP and Nitish Kumar camp happy. But ‘Sushashan Babu’ has invited trouble

Economy

Illustration: Soham Sen | ThePrint

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

Shubham Batra -
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.

Defence

Yuan Wang 5 vessel | ANI

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

Raghav Bikhchandani -
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.

National Interest

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

Shekhar Gupta -
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.

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