SHOCKING: 14 - You Need To See This

Bank achieve 80% annual crop loan target in first half of FY24

Telangana banks disbursed ₹35,023 crore crop loan in first 6 months of fiscal, achieving 79.48% of annual target.

The Hindu · Dec 30, 2023

SBI-led consortium to finance Auro Infra’s ₹3,000-crore gateway port in Kakinada SEZ

SBI-led consortium to provide ₹3,000 crore loan for Kona gateway port on Kakinada coast, expected to be commissioned by mid-2025.

The Hindu · Dec 27, 2023

Belagavi IT company detects online scam targeting State Bank of India users

Safety recommendations comprising an SMS/email/WhatsApp message with a tone of urgency should be dealt with extreme caution. This is true, especially in the case of any message from the bank. Always reach out directly to the bank and verify suspicious messages and emails before taking any action.

The Hindu · Dec 18, 2023

SBI donates bicycles, wheel chairs to mark Ambedkar’s death anniversary

SBI Vijayawada zonal office marked 67th death anniversary of B. R. Ambedkar by donating bicycles worth ₹1.5 lakh to schoolgirls in Tirupati and wheelchairs to an orphanage. Officials wanted to assist girls walking 14 kms daily to school. GM Om Narayana Sharma recalled Ambedkar's contribution to social justice and empowerment…

The Hindu · Dec 6, 2023

Calicut varsity decision to shift funds to State treasury riles staff, teachers’ unions

Univ. of Calicut Syndicate's decision to transfer fixed deposits to State Treasury riles Congress-affiliated staff & teachers' unions. KPCTA claims move affects autonomy & interest rate is lower than SBI. Funds shortage may delay salary & pension, increase fees & affect exams. Syndicate member claims decision is safer & beneficial.

The Hindu · Dec 5, 2023

ED arrests Managing Director of Heera Group in money laundering case

ED arrests Heera Group MD A. Abdul Rasheed in Kerala money laundering case; he was set to be produced before PMLA court in Kochi. ED registered case in 2021 based on CBI FIR alleging fund diversion causing ₹15 crore loss to SBI.

The Hindu · Dec 5, 2023

SBI officials promise to protect interests of customers after gold disappeared from Gara branch of Srikakulam district in Andhra Pradesh

SBI officials take measures to restore customers' confidence in Srikakulam branch after gold worth ₹4.07 cr goes missing. Bank officials held meetings with customers, promised to return jewellery pledged with them & assured no customer would suffer loss. Police investigation underway.

The Hindu · Dec 2, 2023

Delhi court rejects bank's suit for recovery against a dead man

A Delhi court rejected the suit for recovery filed by the State Bank of India (SBI) against a person who had already passed away two years prior to filing the suit. Read further on Dynamite News:

Dynamite News · Nov 17, 2023

SBI is hiring 9,000 clerks: Here is how to apply, last date, salary, eligibility, exam pattern

The State Bank of India (SBI) has released the notification for SBI Clerk Recruitment 2023, offering approximately 8,773 vacancies. The application window is open from November 17 to December 7, 2023. Candidates must be between 20 and 28 years of age and hold a bachelor's degree from a recognized university.…

The Economic Times · Nov 17, 2023

KSUM inks MoU with Belgium, Australia to open Startup Infinity centres

KSUM exchanges MoUs with Australia and Belgium to open 'Startup Infinity' centres, fostering innovation and welcoming Malayali diaspora to nurture start-ups. CM Vijayan inaugurates 3-day event, showcasing products from emerging sectors. SBI Deputy GM signs MoU with KSUM for financial services to start-ups. 15K delegates to attend India's biggest beachside…

The Hindu · Nov 16, 2023