Says former SBI chief's arrest was based on protest petition filed by erstwhile directors of Hotel Gaudavan; non-bailable warrants were issued without any summons
State Bank says deal on which Chaudhuri was arrested was done after he retired; ex-SBI chairman Rajnish Kumar calls arrest vendetta; pathetic, blasphemous say others
Case related to bad loan, sale of NPA at low value
Pratip Chaudhary was arrested on Sunday and will be brought to Jaisalmer on Monday.
In the past one month, SBI has rallied 18 per cent, while Bajaj Finance has declined 3.6 per cent
The Supreme Court on Monday was told that the SBI and the UCO Bank have agreed to invest Rs 450 crore in Amrapali projects, but other banks, who were part of a consortium, are delaying the process
Indian Bank, Union Bank of India, Canara Bank and Bank of Baroda soared between 25 per cent and 49 per cent in the past one month
Is it becoming a routine affair, like being fined by the traffic police for jumping the red light or by a TTE for travelling without a ticket on a Mumbai local?
The Nifty PSU Bank index has crossed major hurdle of 2,750 and is ready to surge 5 per cent
In Q2, Motilal Oswal Financial Services estimates PSBs to report improved operating performance, supported by modest business growth and a gradual reduction in provisions.
In his book titled 'The Custodian of Trust', Kumar said SBI board wanted letter of support from govt before approving Jet Airways resolution plan
The market breadth also favoured sellers amid profit-booking in the broader markets. The BSE MidCap and SmallCap indices ended nearly 2 per cent down each
Some 3.03 million mandates were created through UPI, down 48.3% over last month, according to NPCI data
'This action is based on the deficiencies in regulatory compliance,' says RBI
The country's largest lender SBI on Monday said it has raised Rs 6,000 crore by issuing Basel III compliant bonds
The firm had been involved with important govt tenders of BSNL, UPSRTC and Bengaluru Metropolitan Transport Corp
He will be involved in defining the company's short-term and long-term strategies, and will so work closely with the other Board Members and CXOs
SBI appears well-positioned to report a strong uptick in earnings, led by moderation in credit costs, believe analysts
For public sector banks, the government is the superboard, with both ownership and regulatory powers under its belt. Is it ready to give up these powers?
Banks have always been the backbone of India's economic growth and as the country pivots to sustainable growth, the banking sector will have to accelerate green lending, said SBI Chairman Dinesh Khara