Tag: SBI

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

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

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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Nation

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

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

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…

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Business

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

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

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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Nation

SBI’s eRupee Can Now Be Accessed Via UPI

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SBI’s eRupee Can Now Be Accessed Via UPI

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…

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Business