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State Bank of India (SBI)

SC upholds resolution plan by JSW Steel for Bhushan Power & Steel Ltd [Read Judgment]
Business
SC upholds resolution plan by JSW Steel for Bhushan Power & Steel Ltd [Read Judgment]

SC upholds JSW Steel’s ₹19,700 Cr resolution plan for Bhushan Power & Steel, rejecting ex-promoters’ plea and reinforcing IBC’s finality.

Read Full Article

State Bank of India Funds Hero Future Energies' Hybrid Project in Kurnool Business
State Bank of India Funds Hero Future Energies' Hybrid Project in Kurnool

Hero Future Energies secures ₹1,024 crore SBI loan for 60 MW hybrid project in Kurnool, blending solar, wind & battery storage for reliable power.

SC recalls May 2 judgment scrapping JSW Steel's resolution plan for Bhushan Power and Steel Ltd Business
SC recalls May 2 judgment scrapping JSW Steel's resolution plan for Bhushan Power and Steel Ltd

SC recalls its May 2 verdict cancelling JSW Steel’s ₹19,300 Cr resolution plan for Bhushan Power; matter to be heard afresh on August 7.

Allahabad High Court Upholds SBI’s Rejection of Compassionate Appointment, Cites Absence of Financial Distress [Read Order] Judiciary
Allahabad High Court Upholds SBI’s Rejection of Compassionate Appointment, Cites Absence of Financial Distress [Read Order]

Allahabad High Court dismisses plea for compassionate appointment, citing sufficient family income and absence of financial distress.

Delhi HC directs SBI to compensate customer in Cyber Fraud Case, emphasises bank’s responsibility in digital security [Read Judgment] Judiciary
Delhi HC directs SBI to compensate customer in Cyber Fraud Case, emphasises bank’s responsibility in digital security [Read Judgment]

Delhi High Court directs SBI to compensate Rs. 2.60 lakh to a cyber fraud victim, emphasizing banks’ responsibility to ensure digital security and swift action.

No disciplinary proceedings allowed against employee after retirement: SC [Read Judgment]

SC rules disciplinary proceedings cannot start after employee’s retirement or extended service. SBI directed to release pending dues within six weeks.

SC orders Jet Airways Liquidation: Overturns NCLAT approval of Jalan Kalrock Consortium Plan

Supreme Court orders liquidation of Jet Airways, overturns NCLAT’s approval of Jalan Kalrock Consortium plan. Major impact on creditors and airline’s future.

Furnished all details of Electoral Bonds with serial numbers to EC, SBI tells SC

SBI complies with SC order, submits Electoral Bond details to EC. Alphanumeric numbers disclosed, account holder info withheld for security.

SC rejects plea to direct SBI reveal details of EBs prior to April 12, 2019

SC rejects plea to compel SBI to reveal Electoral Bond details prior to April 12, 2019, but mandates transparency for future disclosures to the Election Commission.

SC asks SBI why it didn't furnish unique numbers on EBs [Read Order]

The Supreme Court questions SBI for not disclosing unique numbers on Electoral Bonds, issues notice, and orders data digitization for ECI website upload.

SBI Provides Electoral Bonds Data to Election Commission in Digital Format

SBI submits Electoral Bonds data to Election Commission digitally, detailing purchases & encashments from 2019 to 2024, following Supreme Court directive.

Electoral bonds case: SC dismisses SBIs appeal for extension of deadline

Electoral Bonds Case: The apex court pulled up SBI over delay in disclosure of details about each electoral bond encashed by political parties. Here's what Supreme Court said.

Electoral Bonds Case: SBI's non-disclosure of details by March 6 contempt of court?

A day after the deadline for the SBI to submit details of electoral bonds, ADR approached the apex court demanding contempt action against the public sector bank for defying the courts directive.

Why does SBI need more time to submit Electoral Bond details?

SBI moved Supreme Court seeking extra time to disclose details of electoral bonds encashed by political parties. However, ADR said that they would oppose SBI's plea. To know more about the latest upda...

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