sbi
-
India News
SBI Plans ₹25,000 Crore Fundraise, Reports Modest Profit Growth for Q1FY25
On August 3, State Bank of India (SBI) released its financial results for the April-June quarter of fiscal year 2024-25 (Q1FY25). The state-owned banking giant disclosed plans to raise up to ₹25,000 crore through Tier-1 and Tier-2 bonds this fiscal year, pending government approval. In its regulatory filing, SBI outlined its intent to issue Basel III compliant Additional Tier 1…
Read More » -
India News
SBI Bows to Court Order After Facing Contempt Threat: Electoral Bond Data Now with ECI
New Delhi: On Tuesday evening, the State Bank of India (SBI) duly submitted data regarding political contributions facilitated through electoral bonds to the Election Commission of India (ECI), adhering to the directives of the Supreme Court. As per the court’s order, the Election Commission is now tasked with collating and releasing the data by 5 p.m. on Friday. Despite the…
Read More » -
India News
Breaking News: SBI Given March 12 Deadline by Supreme Court to Disclose Electoral Bonds Details
According to reports from various media outlets, India’s Supreme Court has rejected a plea by the government-run State Bank of India (SBI) for more time to disclose information about individuals and companies purchasing electoral bonds. The Supreme Court, dismissing the SBI’s request for an extension until June 30, criticized the bank for “wilful disobedience” and directed it to reveal the…
Read More » -
USA
Explosion Rocks Alabama Attorney General’s Office, Motive Unclear
Montgomery, AL – An investigation is underway after an explosive device detonated outside the office of the Alabama Attorney General over the weekend, according to a statement released on Monday by Attorney General Steve Marshall. No Injuries Reported: Fortunately, no one was injured in the incident, which occurred early Saturday morning in Montgomery. Marshall stated, “The Alabama Law Enforcement Agency…
Read More » -
Business
Religare Finvest Gets Clean Slate: SBI Officially Clears ‘Fraud’ Label
The State Bank of India (SBI) has officially removed the ‘fraud’ designation from Religare Finvest Ltd (RFL) as per a Delhi High Court order, allowing the non-bank financier to potentially resume lending. RFL awaits the lifting of a corrective action plan. The move signifies efforts to revive RFL after fraud by its former promoters. In March 2023, RFL settled with…
Read More » -
Business
SBI General Insurance Launches a New Brand Campaign Across TV and Digital to Strengthen its Positioning of Suraksha aur Bharosa Dono
Mumbai: SBI General Insurance, a leading general insurance company has unveiled a series of three brand films reiterating their core values of “Suraksha” (safety) aur “Bharosa” (trust) Dono. The film aims to boost awareness about insurance by portraying relatable real-life situations. By doing so, the brand seeks to establish a deeper and more meaningful connection with its audience, making the…
Read More »
