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State Bank Of India Sbi
India  /  Published 06.06.19

Rs 1389-crore poll cash puzzle in Calcutta

The sale of electoral bonds worth Rs 370 crore in Calcutta in May was only the tip of an iceberg.The Calcutta Main Branch of the State Bank of India sold electoral bonds valued at Rs 1,389 crore betwe...
By Anita Joshua in New Delhi

India  /  Published 14.03.20

SBI heartless bank, says FM

It’s a fuzzy recording but Union finance minister Nirmala Sitharaman’s stern tone still comes through clearly. The object of her wrath: State Bank of India (SBI) Chairman Rajnish Kumar. The event:...
By Paran Balakrishnan in New Delhi

Business  /  Published 13.03.20

Centre clears Yes Bank rescue plan

The Union cabinet on Friday has approved the reconstruction scheme of Yes Bank proposed by the RBI even as it raised the authorised share capital of the bank to Rs 6,200 crore against the apex bank’...
By Our Special Correspondent in New Delhi

Business  /  Published 11.03.20

SBI cuts interest rate on savings accounts to 3%

The country's largest lender SBI on Wednesday rationalised interest rate on all savings bank (SB) accounts to a flat 3 per cent, a move affecting 44.51 crore account holders.The bank also waived the r...
By PTI in New Delhi

Business  /  Published 21.05.19

Hindujas evince interest in Jet Airways

The Hinduja group is exploring the possibility of a bid for Jet Airways, which has ceased operations since April 17, with the lenders unable to find a buyer for the airline.Jet’s shares took the ski...
By Our Bureau in New Delhi

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Business  /  Published 06.03.20

Friends of PM on Yes Bank list

Union finance minister Nirmala Sitharaman confirmed on Friday that the troubled Yes Bank had had loan exposure to “very stressed” companies associated with Anil Ambani and Subhash Chandra, two ind...
By TT Bureau in Mumbai

Business  /  Published 10.12.19

Bad loan gap at SBI soars

The State Bank of India (SBI) on Tuesday said there was a divergence of Rs 11,932 crore in the last fiscal between the calculations of its bad loan made by the RBI and its own assessment.Banks have to...
By Our Special Correspondent in Mumbai

Business  /  Published 27.11.19

Sensex, Nifty scale fresh closing peaks

Market benchmark indices scaled fresh closing peaks on Wednesday on hectic buying by foreign investors in banking, IT and auto stocks amid positive trends from global markets.The 30-share Sensex rose ...
By PTI in Mumbai

Jharkhand  /  Published 15.12.18

Ranchi cops refuse to file FIR till you drop names ('PMO' helps)

[{"id":1,"type":"text","value":"An old-time Ranchi resident, who was a victim of cyber fraud worth Rs 1 lakh, was made to do the rounds of four police stations over two days to file a complaint befor...
By Our Correspondent in Ranchi

Business  /  Published 08.11.19

SBI cuts lending rates

The State Bank of India on Friday reduced its lending rate by 5 basis points across all tenors, effective from November 10.The one-year MCLR, to which most of its loan prices are linked, will come dow...
By PTI in Mumbai


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