Six Indian women CEOs and Managing Directors, including State Bank of India head Arundhati Bhattacharya and ICICI CEO Chanda Kochchar, have been named by Forbes magazine in its 50 'Power Businesswomen' from Asia who are "knocking down" walls in the traditional male bastions.
India's public sector banks are struggling to recover even a fraction of their Rs 7000-crore loans from Vijay Mallya's grounded Kingfisher Airlines.
However, Mallaya, the owner of Royal Challengers Bangalore, has bought players in the IPL 2015 auction.
Dismissing questions raised by Congress over SBI signing an MoU for extending USD 1 billion loan to Adani Group, Union Minister Ravi Shankar Prasad today said the state-run bank takes its own commercial decisions and asserted the government had no role in it.
Congress Thursday questioned the decision of State Bank of India to give USD 1 billion loan to Adani group for the development of Carmichael coal mine during Prime Minister Narendra Modi's just concluded visit to Australia.
The Indian Air Force has registered an FIR with the Delhi Police in connection with over 40 cases of fraudulent withdrawal of money from the State Bank of India accounts of its officers posted at the Air headquarters here.
SBI has been directed by a consumer forum to pay Rs 34,000 to a customer for violating RBI norms by refunding after 189 days an amount which was erroneously debited from account after an unsuccessful ATM transaction.
Two former officials of State Bank of India and as many others have been convicted by a Special CBI court in a cheating case and sentenced them to three years of imprisonment with fine of Rs 2.20 lakh.
The CBI has arrested three State Bank of India (SBI) officers for their alleged involvement in siphoning off money to the tune of Rs 1.35 crore from the Non-Resident Indian (NRI) accounts, sources said Thursday.