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KARNATAKA SBI CASE
Highest 555-day FD interest rates: Banks are offering up to 7.25% interest rate on special fixed depositFD interest rates: Special fixed deposits with a 555-day tenure are drawing investor attention. Banks like City Union Bank and Karnataka Ba...- Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
- India's IT model worked, until AI. Disruption now haunts its sub-optimal equilibriumIndia's IT sector thrived for decades by providing skilled labour at lower costs. This model is now challenged by Artificial Intelligence. ...
- How a Rs 20 electricity bill payment by an SBI customer led to the bank paying Rs 2.2 lakh in compensationA State Bank of India customer was defrauded of ₹1.99 lakh after attempting a ₹20 electricity bill payment. The National Consumer Disputes ...
- GST enforcement should be balanced with sensitivity: SBI Research amid K'taka UPI-GST rowSBI Research cautions that aggressive GST enforcement based on UPI transactions could push small businesses back into the informal economy,...
- Karnataka SBI incident: CM Siddaramaiah urges FM Sitharaman to sensitize bank staff to local languageKarnataka's Chief Minister Siddaramaiah has requested Finance Minister Nirmala Sitharaman to implement cultural and language sensitivity tr...
- Major changes in SBI Card: List of SBI credit cards where reward points will not be applicable on rent paymentsList of SBI Credit Cards where reward points will not be applicable on Rent Payments and other changes applicable from April 2024.
- Karnataka HC allows liquidator to go ahead with valuing UB(Holding) assets in Bengaluru, MumbaiThe Karnataka High Court has granted permission to the official liquidator of UB (Holdings) Ltd. to proceed with the valuation process of U...
- India's growth to be better than anticipated on higher vaccine coverage: SBI ReportIndia remained unscathed during July-October quarter from the global situation, which is marred by supply disruptions, stubborn inflation a...
- North eastern states did the best in Covid management: SBI ResearchNorth Eastern states are among toppers when it comes to COVID management along with Bihar and Uttar Pradesh. But when it comes to implement...
- Economy picks up momentum, COVID handled much better: SBI ResearchCorporate results for July-September quarter shows that the companies producing essential goods have mostly witnessed strong results while ...
- Court allows Diageo Holdings Netherlands BV intervention application in Vijay Mallya assets caseBritish group seeks dismissal of lenders’ request to liquidate assets, says they are part of judicial hearings
- RBI imposes Rs 8 crore fine on 3 banks for non-compliance in Swift operationsKarur Vysya said that the RBI has imposed a monetary penalty of Rs 1 crore on the bank for non-compliance with the directions issued on Swi...
- RBI slaps Rs 4 crore fine on Karnataka BankThe Reserve Bank of India has levied an aggregate penalty of Rs 40 million on the bank for delayed implementation of four of the Swift rela...
- A wrong number at cash machine costs man Rs 49,000Yamanappa cited his account number and sought to know why the amount was not credited. The branch responded on August 30 after a second com...
- We now know what caused the cash crunch: Income velocity & Bullwhip EffectBanks claimed business as usual and blamed sporadic problems on technical glitches.
- Jaya's gold and diamond jewellery will go from Karnataka treasury to Tamil NaduKarnataka has been awarded Rs 5 crore of this Rs 100 crore as its due for bearing the legal costs of the Jayalalithaa trial, along with her...
- PSU banks lost at least Rs 30,873.86 crore to frauds in 4 yearsAccording to documents accessed from the Ministry of Finance, these losses are only due to frauds of Rs 1 lakh or more.
- SBI refutes allegations of moving slow on Vijay MallyaThe SBI said it had moved the debt recovery tribunal on February 26, the day Diageo reportedly paid $75 million to Mallya.
- SC orders status quo on Diageo Plc-United Spirits dealSC has ordered status quo on the Diageo Plc-United Spirits Ltd deal without disturbing the hearing before the company court on the winding ...
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