Tag: SBI

Should SBI Disclose All Details On Electoral Bonds? Supreme Court To Decide

March 18, 2024 admin

The Supreme Court has directed the State Bank of India (SBI) to disclose all details related to the electoral bonds, which allowed individuals and companies to make donations to political parties. It has also asked the country’s largest lender to file an “Every bit of information should come out. All details should come out. We…

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Supreme Court Raps SBI For Not Sharing “Complete Data” On Electoral Bonds

March 15, 2024 admin

Electoral bonds data will be made public by the poll panel once SBI shares it. New Delhi: The Supreme Court today came down hard on the State Bank of India for not sharing the complete data on electoral bonds, a scheme that allowed individuals and businesses to donate anonymously to political parties. The court had…

Nation

Electoral Bonds Data From SBI Uploaded On Election Commission Website

March 14, 2024 admin

The company that contributed the most through the method is Future Gaming and Hotel Services PR. New Delhi: In a big move towards transparency in political funding, the Election Commission of India has uploaded the data of the electoral bonds given to it by the State Bank of India. The details have been uploaded on…

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Election Commission Asked By Supreme Court To Publish Electoral Bonds Data By March 15

March 11, 2024 admin

The poll body has been asked by the court to make this data public on its website by Friday. New Delhi: The Election Commission is likely to make the electoral bonds data public on its website soon after the expected disclosure by the State Bank of India. The Supreme Court today ordered the State Bank…

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SBI Plea For Time To Submit Poll Bonds Info Dismissed: What Top Court Said

March 11, 2024 admin

New Delhi: The Supreme Court today dismissed the SBI’s petition seeking more time to submit details on electoral bonds. A bench led by DY Chandrachud has asked the bank to submit the information by tomorrow evening. Here Are Supreme Court’s Top 5 Quotes The submissions of the SBI sufficiently indicate that the information is readily…

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Supreme Court To Hear SBI’s Request In Electoral Bonds Case Today

March 10, 2024 admin

New Delhi: An application from the State Bank of India, seeking more time to file information on electoral bonds, will be heard by the Supreme Court today. The court had given time till March 6 to file the details. The bank wants time till June 30. Here are the Top 10 points in this big…

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Risk of Indian banks’ unsecured retail loans turning sour is rising, UBS says

October 13, 2023 admin

UBS has turned “neutral” on the banking sector and sees a higher probability of regulatory tightening on unsecured loans. | Photo Credit: ADNAN ABIDI The risk of Indian banks’ unsecured retail loans turning sour is rising as lending to borrowers with overdue debt has increased, UBS said in a note. In recent months, lenders in…

Business

SBI To Send Chocolates To Borrowers Likely To Default On Monthly Repayments

September 17, 2023 admin

Mumbai: The nation’s largest lender State Bank of India is adopting a novel way to ensure timely repayments, especially by its retail borrowers, by greeting those likely to default on monthly installments with a pack of chocolates. According to the bank, it has been found that a borrower who is planning to default will not…

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SBI’s eRupee Can Now Be Accessed Via UPI

September 4, 2023 admin

SBI was among the first few banks to participate in the RBI’s retail digital e-rupee project (File) New Delhi: The State Bank of India (SBI) on Monday said it has implemented UPI interoperability in its digital rupee, called Central Bank Digital Currency (CBDC). With this move, the bank aims to deliver unprecedented convenience and accessibility…

Business