
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
A division bench of the Delhi High Court dismisses plea filed by Bharatiya Janata Party (BJP) leader and advocate Ashwini Upadhyay
RBI has told banks to maintain daily data on deposits and exchange of ₹2000 banknotes
Impact on deposits will be limited; almost the entire amount of ₹3.6 lakh will come back to the banking system, says a report
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's net interest income for Q4 FY23 increased 29.47% YoY to ₹40,393 cr from ₹31,198 cr in year-ago period
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.
The board of the PSU lender is scheduled to meet on April 18 to consider the fundraising proposal.
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
According to SBI, the stance could continue to be withdrawal of accommodation, even as liquidity is now in deficit mode.
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.