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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......

Bomber identified, investigators getting closer to him: K'taka minister

Karnataka home minister G Parameshwara on Thursday said sleuths investigating into the March one blast at the city's popular eatery 'The Rameshwaram Cafe' have 'in a way' identified the suspect,......

Electoral bonds: SC to hear SBI's plea and contempt petitions tomorrow

The Supreme Court will on Monday hear the application filed by the State Bank of India seeking extension till June 30 to disclose details of each electoral bond encashed by political parties before......

SC to hear SBI's plea on electoral bonds on Mar 11

A five-judge constitution bench of the Supreme Court will hear on March 11 an application filed by the State Bank of India (SBI) seeking extension of time till June 30 to disclose details of each......

Bengaluru blast suspect changed clothes, travelled by bus

Karnataka Home Minister G Parameshwara on Thursday said sleuths investigating into the blast at Bengaluru's popular eatery 'The Rameshwaram Cafe' last week have got certain 'good leads', as the......

HDFC Bank goes for first major rejig after merger

HDFC Bank has reshuffled the portfolios of its senior management team. Photograph: Shailesh Andrade/Reuters This is the first major rejig after the amalgamation of HDFC Ltd on July 1. “The......

Indians' funds in Swiss banks down 11% to Rs 30k cr on lower deposits

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, declined by 11 per cent in 2022 to 3.42 billion Swiss francs......

Did RBI Know About Demonetization?

The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership. A fascinating excerpt from Gokul Rathi's......

Why Do Banks Hide Losses?

Believe it or not, the regulator is stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.......

Now, no need to visit bank to update KYC

Bank account holders are no longer required to visit their bank branches to update 'know your customer' (KYC) details provided they have already submitted valid documents and not changed their......

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