Acharya, who headed the mid-corporate group for the bank, was alleged to have facilitated the sanction of a loan against some favours.

Aggarwal argued in the court that Goyal is seeking transit bail only to enable himself to go to Mumbai and seek appropriate legal remedy.

"The report has not been submitted to the Department of Financial Services (DFS) by the week-end as it was supposed to be done," a senior o...

Financial services secretary Rajiv Takru said the in-house panel constituted by SBI to probe corruption charges against will submit its rep...

Takru said it is wrong to blame the high bad assets in state-run banks to corrupt and lax practices in the loan appraisal process.

SBI has appointed an internal committee to probe CBI's corruption charge against its deputy managing director Shyamal Acharya

Stocks of the country's biggest bank gained 3.84 per cent to Rs 1,809 during afternoon trade at BSE.

According to CBI, a team of its economic offences wing in Mumbai has registered a case against them for alleged graft.

Goa Villa and Kingfisher House in Mumbai valued at Rs 128 crore, compared to Rs 200 crore at time of loan in 2010.

For the rest of the nearly Rs 6,000 crore unpaid debt, he said banks have personal guarantees of airline chairman Vijay Mallya.

Acharya said the lenders have already sold around 7.3 lakh of the 26 lakh shares of USL pledged with them, in tranches at "good prices".

With banks planning to monetise Kingfisher Airlines' securities to recover a debt of about Rs 7,000 crore, Kingfisher is discussing itwith ...

Kingfisher lenders hope to recover up to Rs 1,000 crore of their dues by monetising the securities in the March quarter itself, a senior of...

SBI today said the 17 bankers, who have a cumulative outstanding of over Rs 7,000 crore from the grounded Kingfisher Airlines, are holding ...

Kingfisher lenders decided to start the process of recovering Rs 7,500 cr outstanding loans, saying co has failed to come up with revival p...

While banks have said Mallya bringing in equity is a pre-condition for them agreeing to restructure loans, the liquor baron is seeking bank...

Kingfisher promoter Vijay Mallya is ready to infuse Rs 425 crore into the airline and restart its limited operations as soon as DGCA gives ...