The Supreme Court of India expressed strong disapproval towards the State Bank of India (SBI) for failing to disclose the unique serial numbers of electoral bonds when providing information to the Election Commission of India (ECI) for public dissemination. The apex court, led by Chief Justice Continue Reading
In a stern warning, the Supreme Court of India admonished the State Bank of India (SBI) for not publishing information about electoral bonds, indicating that contempt proceedings could be initiated if the data is not released by the end of the business day tomorrow. The apex court criticized SBI for its “wilful disobedience” of its […]Continue Reading
An official with the largest lender in the nation indicated on Thursday that bad loans in the retail and small business sectors could rise from their current low levels in Indian banks. Loans to this sector have been expanding quickly, but there have only been a few defaults so far. “We cannot have a system […]Continue Reading
In order to assist and encourage start-up businesses, State Bank of India (SBI) on Tuesday announced the opening of the nation’s first “state-of-the-art” specialised branch here. The branch opened by SBI Chairman Dinesh Khara is situated in Koramangala, one of the city’s largest start-up hubs together with its neighbouring neighbourhoods HSR Layout Continue Reading
Ruchi Soya Industries, a Patanjali Group subsidiary, has set a price range of Rs 615 to Rs 650 per share for its follow-on public offering, which will begin on March 24. The offering consists of a new issuance of equity shares for a total amount of Rs 4,300 crore. The proceeds of the offer will […]Continue Reading