Delhi HC rejects PIL challenging exchange of ₹2000 notes without ID proof
A division bench of the Delhi High Court dismisses plea filed by Bharatiya Janata Party (BJP) leader and advocate Ashwini Upadhyay
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May 2023
April 2023
March 2023
₹2000 note exchange: Banks ask for ID proof from non-bank customers
RBI has told banks to maintain daily data on deposits and exchange of ₹2000 banknotes
₹2,000 note withdrawal ‘non-event’; favourable impact on liquidity: SBI
Impact on deposits will be limited; almost the entire amount of ₹3.6 lakh will come back to the banking system, says a report
Bank stocks fall on RBI's decision to withdraw ₹2,000 currency notes
IndusInd Bank topped the losers' chart, followed by Bank of Baroda, Axis Bank, HDFC Bank, ICICI Bank, Federal Bank, and Kotak Bank, among others.
SBI Q4 profit surges 83% to ₹16,695 crore
SBI's net interest income for Q4 FY23 increased 29.47% YoY to ₹40,393 cr from ₹31,198 cr in year-ago period
SBI moves SC; seeks clarification on fraud accounts
In its plea, filed on April 13, SBI said that default by borrowers has contributed to the weakening of the financial positions of the banks which affects the economy of the country.
SBI board to consider $2bn fundraise in FY24; shares rise 2%
The board of the PSU lender is scheduled to meet on April 18 to consider the fundraising proposal.
Unclaimed deposits worth ₹35,012 cr of PSBs transferred to RBI: FinMin
SBI had the highest amount of unclaimed deposits at ₹8,086 cr, followed by Punjab National Bank at ₹5,340 cr and Bank of Baroda at ₹3,904 cr, says govt
RBI MPC to pause rate hike in April policy meet: SBI
According to SBI, the stance could continue to be withdrawal of accommodation, even as liquidity is now in deficit mode.
YES Bank shares down 3% as 3-year lock-in period expires today
The 3-year lock-in period for SBI expires today, while for other shareholders such as Axis Bank, ICICI Bank, IDFC First Bank, HDFC Bank, it will end on March 13.
