SBI sold electoral bonds worth Rs 3622 crore in March and April: RTI
Business | May 10, 2019 21:44 ISTThe State Bank of India has sold electoral bonds worth over Rs 3,622 crore in March and April this year, an RTI response has said.
The State Bank of India has sold electoral bonds worth over Rs 3,622 crore in March and April this year, an RTI response has said.
All Jet Airways flight, domestic and international, cancelled with immediate effect. The last flight will operate today.
SBI reduced its MCLR by 5 basis points (0.05 per cent) across all tenors with the one-year MCLR coming down from 8.55 per cent per annum to 8.50 per cent per annum.
Savings bank deposits above Rs 1 lakh constitutes around 33 percent of SBI's total deposit books, SBI Managing Director PK Gupta said.
The market cap of Tata Consultancy Services (TCS) zoomed Rs 12,007.64 crore to Rs 7,74,023.16 crore and that of HDFC Bank advanced by Rs 8,569.51 crore to Rs 5,77,598.58 crore.
In it sixth bi-monthly monetary policy review announced Thursday, RBI had cut the repo rate by 25 basis points to 6.25 percent.
The country's largest lender said it has raised USD 1.25 billion through bonds from overseas market.
Earlier on November 22, SBI held e-auction of 11 NPA accounts that had outstanding dues of Rs 1,019 crore towards the bank.
India's largest bank and public sector oil giant have come up with an offer to give away five litres of petrol.
According to the prosecution, the bank's officials in collusion with the Mehta brothers entered into a conspiracy to cheat SBI Caps, the investment banking branch of the country's largest lender, to the tune of Rs 105 crore in the sale and purchase transactions of securities from 1991 to 1992.
Of these 11 accounts, Janki Corp Ltd has the highest outstanding dues of Rs 592.53 crore.
"Attention INB (Internet Banking) users, please register your mobile number with us immediately, if not already done, through Branch, failing which the Internet Banking facility may be blocked with effect from 01.12.2018", it said on its online portal- onlinesbi.com.
"CPI inflation marginally increased to 3.77 per cent in September 2018. Interestingly, on a m-o-m basis, rural food inflation has registered a decline, even as headline registered an increase," the report said.
Replying to RTI activist Chandrashekhar Gaud's query, SBI said that 669 cases of fraud amounting to Rs 723.06 crore were reported in the first quarter (April-June). While 660 cases, involving an amount of Rs 4,832.42 crore, came to the fore in the second quarter (July-September).
Daily cash withdrawal limit for Classic and Maestro debit cards has been reduced from Rs 40,000 to Rs 20,000 per day with effect from October 31.
The filing added that the transaction is subject to regulatory approvals.
Mrutyunjay Mahapatra and Padmaja Chundru, both deputy managing directors in State Bank of India, have been appointed as managing director and chief executive officer of Syndicate Bank and Indian Bank respectively.
SBI has asked the interested ARCs/FIs to conduct the due diligence of assets with immediate effect.
The clarification from India’s biggest lender came after reports suggested that the bank, which was the lead lender to Kingfisher Airlines, was in February 2016 advised to move the Supreme Court to stop Mallya from fleeing the nation.
The Reserve Bank of India (RBI), in a circular in February, mandated banks to identify projects with even a day’s default as stressed asset and conclude the resolution proceedings in 180 days.
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