22,217 electoral bonds purchased, 22,030 redeemed: SBI to SC

The State Bank of India (SBI) on Wednesday told the Supreme Court that a total of 22,217 electoral bonds were purchased by donors between April 1, 2019 and February 15 this year, out of which......

C S Setty appointed new SBI chairman for 3 years

The government on Tuesday appointed Challa Sreenivasulu Setty as chairman of the country's biggest lender State Bank of India (SBI) for a period of three years. Setty, currently senior most MD......

Khara: SBI's profits in 4 years higher than previous 64; stock not priced right by investors

Outgoing SBI chairman Dinesh Kumar Khara on Saturday said the country's largest lender's net profits in the past four years under him have been higher than the cumulative figures for 64 years......

MFDs cash in big: Commissions jump over 20% on market liftoff

Commissions paid to mutual fund distributors (MFDs) increased by over 20 per cent for most large fund houses in 2023-24 (FY24), driven by a sharp market rally and strong inflows. Illustration:......

Only 10 banks had minor disruptions: RBI on outage

The Indian financial and payments systems remained largely unaffected by the Microsoft services outage, though about 10 banks and NBFCs faced minor disruptions which have either been resolved or......

BCCI secretary Shah assures help to northeastern states

BCCI secretary Shah visits Sikkim and Arunachal Photograph: Kind Courtesy, Jay Shah/Twitter The Board of Control for Cricket in India (BCCI) secretary Jay Shah, on Friday, assured the northeastern......