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Wednesday, November 6, 2024
TopicSBI

Topic: SBI

Dear CJI, Indian voters’ ability to make an informed choice in 2024 elections is in your hand

For the Supreme Court to bless the SBI’s plea for an extension in electoral bonds case until 30 June would be tantamount to stamping on the spirit of democracy while performing its rituals.

Voters’ right to information in electoral bonds case can’t be subverted till polls are over

The issues raised by the SBI do not appear to be germane to the Supreme Court’s direction. The court’s directions brook no ambiguity: furnish information from record.

SBI’s request for more time on electoral bond disclosures based on ‘erroneous reading’ of SC order

Former government officials and bankers involved with the electoral bonds scheme say SBI can’t match donors and receivers in any case, but is using this to justify the delay.

SBI stalling EBS disclosure reeks of political pressure. Deprives Indians of a sacred right

Considering the exclusive nature of this information, one would have expected it to act with promptitude and disclose the relevant information, rather than applying for an extension.

Electoral bond data ‘sleeps with the fishes’ & a car’s eco-friendly love story

The best cartoons of the day, chosen by the editors at ThePrint.

SBI to raise up to $6 billion via debt as lenders look to meet rising credit demands

Last month, SBI reported a more-than-83% jump in fourth-quarter profit, led by a sharp drop in provisions on bad loans and healthy credit growth.

SVB failure has lessons for India. Banks can shut down, deposit insurance needs reforms

It would have been hard for many to miss the words “deposit insurance” on the newsfeed last month. The US-based Silicon Valley Bank had caused it to shut down. The Federal...

Unpaid domestic work of women amounts to 7.5% of GDP, latest SBI report says

Women on average spend about 7.2 hours a day on housework, and, because they are not part of the formal workforce, neither economic quantification nor policy takes them into account.

‘No need for concern over SBI, LIC exposures’: Finance Secretary Somanathan on Adani stock rout

When asked about the stock rout in an interview, Somanathan said there was no cause for concern for depositors, policyholders or investors in any nationalised banks or insurance companies.

State-run bank, two private lenders raise $2 billion via infrastructure bonds in 2 weeks

According to analysts, the move anticipates a revival in private capital expenditure and increased government spending.

On Camera

Trump has called Delhi a big abuser of tariffs. India-US economic ties are about to change

How Trump responds to the growing Russia-China alliance and their anti-American diatribes will require some strategising among the Indian foreign policy and national security mandarins.

Resurgence in India’s air cargo expected to continue as Red Sea crisis crosses one-year mark

After negative growth in 2022-23, air cargo volumes grew 18% year-on-year from October 2023 to March 2024 and 20% year-on-year from April 2024 to August 2024.

Rifles slung upside down, on ponies. Indian troops go on their 1st patrol in Depsang since 2020

Troops patrolled up to Patrolling Point (PP) 10 on Monday. Though there are PP 10, 11, 12, 12A & 13 in Depsang Plains, it was decided that only one or two PPs would be patrolled.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.