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Anil Ambani: From 6th Richest In World To 'Fraud' Tag By State Bank
Anil Ambani, the ex-Director of the now-defunct Reliance Communications Ltd, finds himself in yet more trouble after the State Bank of India said it will report the company's loan account as a 'fraud'.
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SBI To Report Anil Ambani To RBI, Classify RCom Account As Fraud
The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as "fraud" in a case dating back to August 2015, the company said in an exchange filing.
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India's Poverty Rate Likely To Decline Further To 4.6% In 2024: Report
India's poverty continues to decline steadily, with the poverty rate likely to fall to 4.6 per cent in 2024, estimates a recent report by the State Bank of India (SBI).
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SBI Recruitment 2025: Registration Begins For 1,194 Posts, No Written Test Required
Retired officers will be entitled to 30 days of leave during the one-year engagement period, subject to approval from the Bank or the reporting authority.
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US' Reciprocal Tariffs May Have Limited Impact On Indian Exports: Report
The impact of US tariff reciprocity on Indian exports is expected to be minimal, despite concerns over trade restrictions, according to a report by State Bank of India.
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Lalu Yadav Party MLA, Others Raided In Co-op Bank 'Fraud' Case: Report
The Enforcement Directorate Friday conducted searches in multiple states, including in Bihar on premises linked to an RJD MLA, as part of a laundering investigation linked to an alleged funds embezzlement at a cooperative bank, official sources said.
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India Tops Global List For Mobile Malware Attacks: Report
In a startling revelation, India now tops the list for mobile malware attacks globally, surpassing the United States and Canada, with a disappointing step-up from its previous third-place ranking, according to a report.
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India Handled Inflation Much Better Than US, Germany, France: SBI Report
India has demonstrated a largely successful inflation targeting regime compared to advanced economies such as the USA, Germany, and France, according to a research report by the State Bank of India (SBI).
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SBI Net Profit Almost Flat At Rs 17,035 Crore In April-June Quarter
State Bank of India (SBI) today reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year.
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India May Take 75 Years To Reach 1/4th Of US Per Capita Income: World Bank
More than 100 countries, including India, face serious obstacles in becoming high-income countries in the next few decades, and New Delhi may take nearly 75 years just to reach one-quarter of US income per capita, a World Bank report said.
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State-Owned Banks In Good Condition, Time To Push Disinvestment: SBI Report
The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday.
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In Scam Involving Ajit Pawar, Cops Versus Probe Agency On Closure Report
In a development concerning the alleged Rs 25,000 crore Maharashtra State Cooperative Bank (MSCB) scam, the Mumbai police and the Enforcement Directorate (ED) are at loggerheads over the closure report filed before a court here.
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Paytm May Partner With 4 Banks For UPI Transactions: Report
India's troubled Paytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular Unified Payments Interface (UPI), two sources aware of the development told Reuters.
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Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...
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Nothing Outlaws Crypto as Long as You Follow Legal Process, MoS IT Rajeev Chandrasekhar Says
Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, said Thursday that here was no issue with cryptocurrencies in India if all laws were followed. Speaking at an event in Bengaluru, he said: "There is nothing today that outlaws crypto as long as you follow the legal process."
-
Anil Ambani: From 6th Richest In World To 'Fraud' Tag By State Bank
Anil Ambani, the ex-Director of the now-defunct Reliance Communications Ltd, finds himself in yet more trouble after the State Bank of India said it will report the company's loan account as a 'fraud'.
-
SBI To Report Anil Ambani To RBI, Classify RCom Account As Fraud
The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as "fraud" in a case dating back to August 2015, the company said in an exchange filing.
-
India's Poverty Rate Likely To Decline Further To 4.6% In 2024: Report
India's poverty continues to decline steadily, with the poverty rate likely to fall to 4.6 per cent in 2024, estimates a recent report by the State Bank of India (SBI).
-
SBI Recruitment 2025: Registration Begins For 1,194 Posts, No Written Test Required
Retired officers will be entitled to 30 days of leave during the one-year engagement period, subject to approval from the Bank or the reporting authority.
-
US' Reciprocal Tariffs May Have Limited Impact On Indian Exports: Report
The impact of US tariff reciprocity on Indian exports is expected to be minimal, despite concerns over trade restrictions, according to a report by State Bank of India.
-
Lalu Yadav Party MLA, Others Raided In Co-op Bank 'Fraud' Case: Report
The Enforcement Directorate Friday conducted searches in multiple states, including in Bihar on premises linked to an RJD MLA, as part of a laundering investigation linked to an alleged funds embezzlement at a cooperative bank, official sources said.
-
India Tops Global List For Mobile Malware Attacks: Report
In a startling revelation, India now tops the list for mobile malware attacks globally, surpassing the United States and Canada, with a disappointing step-up from its previous third-place ranking, according to a report.
-
India Handled Inflation Much Better Than US, Germany, France: SBI Report
India has demonstrated a largely successful inflation targeting regime compared to advanced economies such as the USA, Germany, and France, according to a research report by the State Bank of India (SBI).
-
SBI Net Profit Almost Flat At Rs 17,035 Crore In April-June Quarter
State Bank of India (SBI) today reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year.
-
India May Take 75 Years To Reach 1/4th Of US Per Capita Income: World Bank
More than 100 countries, including India, face serious obstacles in becoming high-income countries in the next few decades, and New Delhi may take nearly 75 years just to reach one-quarter of US income per capita, a World Bank report said.
-
State-Owned Banks In Good Condition, Time To Push Disinvestment: SBI Report
The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday.
-
In Scam Involving Ajit Pawar, Cops Versus Probe Agency On Closure Report
In a development concerning the alleged Rs 25,000 crore Maharashtra State Cooperative Bank (MSCB) scam, the Mumbai police and the Enforcement Directorate (ED) are at loggerheads over the closure report filed before a court here.
-
Paytm May Partner With 4 Banks For UPI Transactions: Report
India's troubled Paytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular Unified Payments Interface (UPI), two sources aware of the development told Reuters.
-
Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...
-
Nothing Outlaws Crypto as Long as You Follow Legal Process, MoS IT Rajeev Chandrasekhar Says
Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, said Thursday that here was no issue with cryptocurrencies in India if all laws were followed. Speaking at an event in Bengaluru, he said: "There is nothing today that outlaws crypto as long as you follow the legal process."
