state bank of india

New Delhi, March 19 – The ED has attached two immovable properties worth ₹97.92 lakh in Jharkhand and Bihar, belonging to a former Branch Manager of the State Bank of India (SBI), in connection with a ₹5.4 crore fraud involving inactive accounts of deceased pensioners, an official said.The...

New Delhi, March 19 The CBI questioned industrialist Anil Ambani for nearly eight hours on Thursday in connection with a Rs 2,929-crore fraud case, registered against Reliance Communications Ltd and him on a complaint by the State Bank of India, officials said.The industrialist, who is facing...

Bhubaneswar, March 19 – The Odisha Vigilance arrested the main accused and his wife on Thursday in a case involving the embezzlement of ₹5.56 crore from government funds."The main accused in the ₹5.56 crore misappropriation case, Pradip Kr Mohanty, a retired headmaster who was re-employed at...

New Delhi, March 19 The CBI questioned industrialist Anil Ambani on Thursday in connection with the alleged ₹2,929 crore fraud case registered against Reliance Communications Ltd and him on a complaint by the State Bank of India, officials said.Ambani arrived at the agency headquarters this...

New Delhi, March 19 The CBI questioned industrialist Anil Ambani on Thursday in connection with the case registered against Reliance Communications Ltd. based on a complaint by the State Bank of India, officials said.Ambani arrived at the agency headquarters this morning for questioning in the...

Bhubaneswar, March 18 – The Odisha Vigilance on Wednesday arrested an official of a private bank for his alleged involvement in misappropriating over Rs 5.56 crore of government funds in connivance with his father, a retired teacher.According to Vigilance sources, the accused bank official...

New Delhi, March 18 A consortium of secured lenders, including banks from Sterling Biotech Ltd, owned by the Sandesara brothers, has approached the Supreme Court seeking disbursement of their claim amounts of Rs 5,100 crore deposited in the apex court registry. They highlighted that the total...

New Delhi, March 18 State Bank of India (SBI) on Tuesday said it has raised ₹6,051 crore through its second Basel III-compliant Tier II bond issuance at a coupon rate of 7.05 per cent.The funds raised will be used for the bank's business growth.The bonds are issued for a period of 10 years...

New Delhi, March 17 State Bank of India (SBI) announced on Tuesday that it has raised ₹6,051 crore through its second Basel III-compliant Tier 2 bond issuance at a coupon rate of 7.05 per cent.The funds raised will be used for the bank's business growth.The bonds have a tenor of 10 years...

Mumbai, March 17 The benchmark equity indices, Sensex and Nifty, rebounded after a fall in early trading on Tuesday, mirroring a positive trend in global markets.The 30-share BSE Sensex declined by 144.34 points to 75,358.51 in the initial trading session. The 50-share NSE Nifty dipped by...

New Delhi, March 16: The Iranian Embassy in New Delhi has expressed gratitude to Indian citizens who have shown interest in providing humanitarian aid to Iranians affected by the ongoing conflict, but noted that technical difficulties have made it challenging to accept contributions via online...

Mumbai, March 16 – The benchmark equity indices, Sensex and Nifty, rebounded on Monday after a three-day slump, driven by value buying in blue-chip stocks like HDFC Bank and State Bank of India.In the initial trading session, the 30-share BSE Sensex declined by 179.31 points to 74,384.61. The...

New Delhi, March 15 The combined market valuation of the top 10 domestic firms declined sharply by Rs 4.48 lakh crore last week, in line with a steep decline in equities, with major banking firms State Bank of India and HDFC Bank experiencing the biggest losses.Last week, the BSE benchmark...

Bhubaneswar, March 14 – A Special CBI Court in Bhubaneswar has convicted and sentenced a former Assistant Superintendent of Post Offices from Baripada, Odisha's Mayurbhanj district, to four years of rigorous imprisonment with a fine of Rs 1 lakh for demanding a bribe of Rs 2 lakh, an official...

Guwahati, March 13 – The Central Bureau of Investigation (CBI) has arrested Abhisek Sen Gupta, Assistant Manager-cum-Loan Officer of the State Bank of India's (SBI) Gumla branch in Assam's Kamrup (Rural) district, for allegedly demanding and accepting a bribe of Rs 16,000 from a complainant...

Hyderabad, March 13 – The Enforcement Directorate (ED), Hyderabad Zonal Office, has provisionally attached two immovable properties worth approximately Rs 35.05 crore in a bank fraud case against BNR Infra and Leasing, Elite Infra Projects Pvt Ltd, and others.The properties, attached under the...

Shimla, March 11 – In a significant move to return ill-gotten gains to rightful claimants, the Enforcement Directorate (ED) in Shimla has successfully recovered immovable properties worth Rs 1.69 crore from M/s Arvind Casting Pvt. Ltd. in the bank fraud case, and transferred them to the State...

New Delhi, March 9 – The National Highways Authority of India (NHAI)-sponsored Raajmarg Infra Investment Trust (RIIT) announced on Monday that the initial portion of its upcoming IPO will be allocated exclusively to domestic investors.The anchor book will open for subscriptions on March 10...

Mumbai, March 9 The benchmark stock market indices, Sensex and Nifty, fell by nearly 3% in the early trading on Monday, as soaring crude oil prices and a bearish trend in global equities weighed heavily on investors' sentiment.In addition, relentless outflows of foreign funds also made...

New Delhi, March 8 The combined market valuation of eight of the top-10 most-valued companies declined by ₹2,81,581.53 crore last week, with State Bank of India experiencing the biggest drop, in line with a weak trend in equities.Last week, the BSE benchmark fell by 2,368.29 points, or 2.91...