Saturday, November 2, 2024

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State bank of India

News Reports

State Bank of India records highest-ever quarterly profit as net-profit surges 74% in Q2

OpIndia Staff -
SBI's provisions fell 25% year on year to Rs 2,011 crore in Q2FY23, owing to improved asset quality, with the net non-performing asset (NPA) ratio falling to less than 1%.
Fact-Check

Congress supporters confuse loan underwriting with write off and waive off, wrongly accuses SBI of waiving loan to Adani group

OpIndia Staff -
SBI has approved a Rs.12,770 crore loan to Adani group, Congress supporters accused the bank of waiving off the loan
News Reports

SBI card launches 3-day festival offer ‘Dumdaar Dus’ cashback ad, netizens say it caricatures South Indians: Watch

OpIndia Staff -
In the SBI commercial, actor-comedian Javed Jaaferi is portrayed as a South Indian tabla instructor, teaching a group of children.
News Reports

London court declares fugitive Vijay Mallya bankrupt

OpIndia Staff -
London court declares fugitive Vijay Mallya bankrupt.
News Reports

Govt grants approval to NGOs to open SBI account for receiving foreign contributions, to get letter of commitment from donor about purpose of donation

OpIndia Staff -
The Union government emphasised that the time period for verification and application for bank accounts must be cleared within 1 week from the date of removal of all objections (if any)
News Reports

RBI publishes scheme of reconstruction draft for Yes Bank, State Bank of India to pick up 49% stack at ₹10 per share

OpIndia Staff -
After placing Yes Bank under moratorium, RBI has published the draft for scheme of reconstruction for the bank
News Reports

SBI’s Anshula Kant appointed as MD and the first female CFO of World Bank

OpIndia Staff -
SBI's MD Anshula Kant to become the first female CFO of the World Bank.
Social Media

Filmmaker turned journalist insinuates the fall of Jet Airways being PM Modi’s fault, uses it to deride BJP’s ‘Vikas’ agenda

OpIndia Staff -
Kapri, whose 'journalism' often sounds like Congress' election campaign, insinuated that the entire Jet Airways crisis is somehow the fault of the Modi government.
News Reports

State Bank of India to waive loans of martyrs of Pulwama attack, expedite insurance payment

OpIndia Staff -
State Bank of India takes steps to provide respite to families of martyrs.
News Reports

State Bank of India moves to recover Rs 405 crore from fugitive businessman Mehul Choksi

OpIndia Staff -
SBI moves to recover loan amount of Rs 405 crore from fugitive businessman Mehul Choksi
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