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The Latest Breaking News from SBI

SBI launches campaign to create awareness on PMSVANidhi

SBI Hyderabad launches PMSVANidhi campaign to help street vendors access affordable working capital loans. DMD Amit Jhingran and CGM Rajesh Kumar flagged off five PMSVANidhi-branded vehicles to spread awareness of the scheme. Loan up to ₹50,000 available with no collateral. Senior officials present at launch.

The Hindu

SC dismisses plea against ₹2,000 currency exchange policy

The Supreme Court on Monday dismissed a petition challenging the notifications issued by the Reserve Bank of India (RBI) and the State Bank of India (SBI) permitting the exchange of ₹2,000 currency notes without requirement of any identity proof.

The Hindu

Bangladesh moves beyond dollar to settle trade with India in rupee

Bangladesh is all set to settle trade with India in Rupee from Tuesday, a move to cut their reliance on the American currency, which was involved in nearly 90 per cent of global forex transactions in 2022, The Daily Star reported. Read further on Dynamite News:

Dynamite News

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SBI launches 34 Transaction Banking hubs nationwide to enhance customer services, drive growth

State Bank of India, launched 34 Transaction Banking Hubs at 21 district centres across the country with an aim to provide quick and efficient Transaction Banking solutions to customers.

Dynamite News

SBI hands over ambulance to Kollam Corporation

A lab with modern facilities was inaugurated at Mundakkal Uraban Family Health Centre set up by the bank spending around ₹10 lakh.

The Hindu

Hassan police recover gold from accused

Hassan Police recovered 1.4 kg of gold worth ₹77.93 lakh from the person, accused of stealing gold ornaments from the SBI branch at Belawadi in Arakalgud taluk.

The Hindu

Gold theft at SBI branch in Arkalgud, attender arrested

A person working as an attender at an SBI branch at Belawadi in Arkalgud taluk of Hassan district has been accused of taking away gold ornaments worth over ₹90 lakh mortgaged by customers.

The Hindu

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Regional office of SBI General Insurance Company opened

The Hindu

SBI donates earthmover, battery car to Srisailam temple

The Hindu

Supreme Court denies immediate intervention in plea challenging ₹2,000 notes' exchange

The Supreme Court on June 9 refused to entertain immediately a plea by advocate Ashwini Upadhyay challenging the notifications issued by the Reserve Bank of India (RBI) and State Bank of India (SBI) permitting the exchange of ₹2,000 currency notes without requirement of any identity proof.

The Hindu

Woman works for a month at bank with fake appointment order

A 26-year-old woman is said to have worked at a nationalised bank in Kalaburagi for a month by submitting a fake appointment order to the bank officials.

The Hindu

Consumer forum in Cuddalore orders SBI to pay ₹2 lakh in compensation for freezing bank account without prior notice

The Cuddalore District Consumer Disputes Redressal Commission has directed the State Bank of India (SBI) to pay a senior citizen ₹2 lakh as compensation for deficiency in service.

The Hindu

Delhi HC reserves order on plea against withdrawal of ₹2,000 currency banknotes

The petitioner submitted that the Reserve Bank of India cannot withdraw from circulation or discontinue banknotes and only the Central Government is vested with such powers

The Hindu

India extends $1 billion credit line to Sri Lanka by another year

India on May 30 extended its $1 billion credit line to Sri Lanka by another year to help the island nation hit hard by an unprecedented economic crisis procure much-needed food, medicine and other essential items. An agreement was signed between the State Bank of India (SBI) and the Sri…

The Hindu

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Dynamite News

Indian economy to surpass 7 per cent growth in FY 23: SBI research report

The Indian economy is on track to surpass 7 per cent growth rate in Fiscal Year 2023 with manufacturing being the key driver, according to a report released by the State Bank of India. Read further on Dynamite News

The Hindu

RBI defends before Delhi HC ₹2,000 banknote exchange exercise

The Reserve Bank of India (RBI) on Tuesday told the Delhi High Court that withdrawal of ₹2,000 notes is not demonetisation but a statutory exercise, and the decision to enable their exchange was taken for operational convenience

The Hindu

Don’t allow ₹2,000 banknote exchange without requisition slip, identity proof: PIL petition in Delhi HC

A PIL petition has been filed before the Delhi HC to not allow the exchange of ₹2,000 banknotes without requisition slip and identity proof.

The Hindu

SBI home loan customers wait for provisional interest certificate

Though provisional, the estimated repayment towards the principal outstanding and interest component that it gives help determine monthly tax deductions from their salaries.

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Tribune News Service

The ultimate Netflix ‘Outer Banks’ guide to the show’s real-life North Carolina references

RALEIGH, N.C. — North Carolina is no stranger to onscreen depictions, but perhaps no show has drummed up as many jokes or questions as “Outer Banks.”

Reuters

Ukraine probing senior military officials for suspected corruption

Ukrainian authorities are investigating senior military officials in two separate cases of suspected corruption, officials said on Thursday, part of a crackdown on wrongdoing before talks with European Union leaders.

The Guardian - UK

Head of Kyiv tax authority accused of multimillion-dollar fraud

One of unnamed woman’s four homes raided along with home of former Zelenskiy ally amid president’s crackdown on corruption

Tribune News Service

Mark Meadows and wife won’t face charges in voter fraud case, NC attorney general says

RALEIGH, N.C. — Attorney General Josh Stein announced Friday afternoon he won’t seek to charge Mark Meadows or his wife, Debra, with voter fraud.

The Independent UK

Surveillance footage shows last known movements of missing 11-year-old Madalina Cojocari

Mother reported child missing ‘after repeated contact’ with school officials

The Independent UK

FBI searches lake in hunt for missing 11-year-old whose parents didn’t report her missing for three weeks

Madalina Cojocari has not been seen since the evening of 23 November when she was spotted at her home in Cornelius, North Carolina

Tribune News Service

Scrutiny ramps up on Meadows at the Capitol and in NC. The latest on two investigations

RALEIGH, N.C. — North Carolina’s State Bureau of Investigation has finished its inquiry into whether Mark Meadows, former President Donald Trump’s last White House chief of staff, committed voter fraud.

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