State Bank of India has gotten $1.5 billion from overseas foreign-currency deposits as the RBI's subsidised hedging facility boosts returns for depositors.
SBI Funds Management & NSE, in which SBI group owns about 7.5% stake, may go public this fiscal, raising the bank's market value by more than Rs 1 lakh-crore.
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.
FIR is based on a complaint by SBI, which had flagged the account of Reliance Communications as fraudulent. The bank has an exposure of around Rs 3,000 cr in the firm.
The decision set aside NCLAT order for transfer of the cash-strapped airline’s ownership to Jalan Kalrock Consortium despite it failing to abide by the resolution plan.
Karnataka govt feels it was 'forced' to close accounts with SBI & PNB after both public sector banks took 'dry stand' over request to return money entangled in fraud, it is learnt.
Published by HarperCollins India, ‘The Scam That Shook a Nation: The Nagarwala Scandal’ will be released on 8 July on SoftCover, ThePrint’s online venue to launch non-fiction books.
ECI made electoral bonds data public Thursday evening on orders of SC which struck down the scheme, introduced in 2017 to “cleanse the political funding”, as “illegal”.
Being DL is not the same as being closeted, though there’s some overlap. A closeted man knows he is queer, but a DL one does his best to not acknowledge the Grindr logo on his phone.
Combined sales of urea, DAP, MOP and complex fertilisers rose 25 percent in April even as Modi asked farmers to cut chemical fertiliser use by up to half to save soil and foreign exchange
The young people broke the self-imposed silence among the elite not to speak a word critical of the Modi government, except to whisper on the sidelines, looking left, right and behind.
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