Tuesday, January 18, 2022

SBI

ED arrests absconding loan defaulter in Hyderabad

Company’s director Narender Kumar Patel was produced before the PMLA Special Court in Nampally which granted 10 days of ED custody of the accused

SAT sets aside Sebi’s penalty on SBI, Bank of Baroda, LIC

LIC, SBI and BoB are the sponsors of LIC MF, SBI MF and Baroda MF and at the same time, they were holding over 18 per cent stake in both UTI MF and UTI Trustee Company.

Hyderabad: CBI books firm, directors for duping banks of Rs 4,837 crore

It was alleged that the accused in connivance with unknown public servants and others defrauded the consortium of PSBs, consisting of SBI, IDBI, Canara Bank, Andhra Bank, Corporation Bank, Exim Bank, Punjab and Sind Bank and Union Bank of India and caused a loss of Rs 4,837 crore.

2021 will witness lot of regulatory efforts channelled: SBI official

Addressing a virtual 'AML/CFT Conference 2020', Sujit Kumar Varma, SBI's Deputy Managing Director (Corporate Accounts Group) said that the trade-based money laundering remains a significant risk.

SBI, Nabard to collaborate in emerging areas

This MoU with NABARD will work achieve financial inclusion goals, helping rural masses and agriculturists through various developmental projects

SBI donates computers to orphanage

Hyderabad: State Bank of India, Amaravati circle, donated ten desktop computers to Chaithanya Mahila Mandali, Hyderabad on Friday. In present circumstances, computers are an...

Telangana High Court denies bail to occultist booked under POCSO Act

The Petitioner, a self-proclaimed tantrik, who was previously out on bail, was arrested on Dec 04. The court concluded that there was no grounds to order his release or grant bail. 

Sensex rallies 347 points to end at fresh peak

Similarly, the broader NSE Nifty rose 97.20 points or 0.73 per cent to an all-time closing high of 13,355.75. It touched its record intra-day peak of 13,366.65 in early trade.

Hyderabad: SBI’s gesture for depedent girl children of war veterans

On the occasion of Armed Forces Flag Day on December 7, the bank will sign an MoU with Kendriya Sainik Board (KSB) stating utilisation of funds toward educating the girl children of war veterans

SBI along with NPCI, Japan’s JCB launch contactless debit card

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan.

SBI distributes school bags across AP

Hyderabad: State Bank of India, Amaravati Circle, has initiated a programme under the corporate social responsibility and distributed school bag kits to 4,100 students...

SBI revises Q2 GDP estimates to -10.7 per cent from -12.5 per cent earlier

The SBI business activity index showed continuous improvement and expected Q3 numbers to be even better.

SBI shares jump nearly 7 pc after strong Q2 earnings

The country's largest lender State Bank of India (SBI) on Wednesday reported a 55.41 per cent rise in consolidated net profit at Rs 5,245.88 crore for the second quarter.

SBI partners with edX to offer Massive Open Online Courses

SBI has entered into the strategic partnership with edX with the aim to develop skill sets of career-oriented individuals in today's competitive world.

Festive bonanza: Banks offer home loans at attractive rates

Consumers can avail Kotak's festive season bonanza, the 2020 edition of 'Khushi Ka Season' with home loans and balance transfer loans starting at 6.9 per cent per annum, the bank said in a statement

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