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Karnataka Halts Transactions With SBI, PNB Amid Funds Misuse Allegations
Facing allegations of misuse of funds from government accounts, the Karnataka government has issued an order suspending all transactions with the State Bank of India and Punjab National Bank. Both of these banks are owned by the Central government.
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State-Owned Banks In Good Condition, Time To Push Disinvestment: SBI Report
The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday.
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Probe Agency Raids Company Owned By Sharad Pawar's Grand-Nephew
The Enforcement Directorate on Friday raided the premises of a firm owned by Sharad Pawar's grand-nephew and MLA Rohit Pawar as part of its investigation into the alleged Rs 25,000-crore Maharashtra State Cooperative Bank scam.
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WazirX Says Company Operations Being Conducted as Usual After ED Raids: Details
Cryptocurrency exchange WazirX stated on Sunday that its operations are being conducted as usual and crypto and rupee withdrawals are being processed normally. The announcement came days after the Enforcement Directorate (ED) conducted searches on one of the directors of Zanmai Labs, which owns the popular cryptocurrency exchange, and issued an ord...
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Edward Snowden Says CBDC a 'Cryptofascist Currency' Designed to Put Governments at Centre of Every Transaction
Former NSA consultant and whistleblower Edward Snowden has called Central Bank Digital Currency (CBDC) a “cryptofascist currency” primarily designed to deny people the basic ownership of their money. In a tweet, Snowden said the CBDC will put the State at the centre of every transaction, in disagreement with the founding principles and protocol...
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Will Form Government On Our Own In Karnataka, No Alliance For 2023 Polls: BJP Leader
The BJP would form the government on its own in Karnataka after the 2023 assembly polls, banking on the agenda of development, party national general secretary in charge of the state Arun Singh asserted in Mysuru on Tuesday.
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Cryptocurrency Ban in China Forces Some Bitcoin Miners to Flee Overseas, Others Sell Out
China's sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global bitcoin production, as miners dump machines in despair or seek refuge in places such as Texas or Kazakhstan.
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Accounts of Anil Ambani's Reliance Companies Declared Fraud: SBI To Delhi High Court
The bank accounts of Reliance Communication, Reliance Telecom and Reliance Infratel -- all owned by Anil Ambani -- have been classified as "fraud" the State Bank of India has told the Delhi High Court, opening up possibilities of a probe by the Central Bureau of Investigation. The court has asked the bank to maintain status quo on the accounts.
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Opinion: Messy Yes Bank Rescue May Be Costliest Own Goal Since Notes Ban
Arm-twisting government-controlled State Bank of India to inject capital into failing Yes Bank Ltd. was the only option left for New Delhi.
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Vistara, SBI Card Launch Co-Branded Credit Cards: 10 Things To Know
SBI Card and full-service carrier Vistara on Tuesday launched two premium co-branded cards- Club Vistara SBI Card and Club Vistara SBI Card PRIME. "The two variants of the ''Club Vistara SBI'' card come with several benefits and privileges, such as complimentary Club Vistara Silver/Base tier membership, welcome tickets on Vistara's domestic network...
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OTO Capital Announces My OMI Plan For Flexible Two-Wheeler Financing
Bengaluru-based financial start-up OTO Capital has announced the launch of its monthly ownership plan for two-wheeler buyers. The company's OMI (Ownership Monthly Installment) plan is aimed to make owning a vehicle easier with flexible financing options that will be available directly at showrooms. OTO Capital is offering both leasing and long-term...
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Traffic E-Challans: Here’s How to Pay Your Traffic Fines or Challans Online
Here is how you can pay your traffic e-challan online or track the status of your challan.
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SBI Credit Card Business Plans Rs 8,000-Crore IPO: Report
At the end of March 31, 2019, SBI Card, which is 74 per cent owned by SBI and 26 per cent by US private equity firm Carlyle Group, had total assets worth Rs 19,593 crore.
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Penalty Charges Levied By Key Banks For Non-Maintenance Of Minimum Balance
From public sector lender State Bank of India (SBI) to its private sector peers HDFC Bank and ICICI Bank, most banks have fixed their own average monthly balance requirements, which vary depending on factors such as branch location. The amount of penalty in case of non-compliance varies in different branch locations, based on factors such as the de...
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You Need This Much Balance In Your Savings Account To Avoid Penalty Charges
From public sector lender State Bank of India (SBI) to its private sector peers ICICI Bank and HDFC Bank, the top banks have laid out their own rules to determine the required average monthly balance and the amount of penalty in case of non-compliance.
-
Karnataka Halts Transactions With SBI, PNB Amid Funds Misuse Allegations
Facing allegations of misuse of funds from government accounts, the Karnataka government has issued an order suspending all transactions with the State Bank of India and Punjab National Bank. Both of these banks are owned by the Central government.
-
State-Owned Banks In Good Condition, Time To Push Disinvestment: SBI Report
The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday.
-
Probe Agency Raids Company Owned By Sharad Pawar's Grand-Nephew
The Enforcement Directorate on Friday raided the premises of a firm owned by Sharad Pawar's grand-nephew and MLA Rohit Pawar as part of its investigation into the alleged Rs 25,000-crore Maharashtra State Cooperative Bank scam.
-
WazirX Says Company Operations Being Conducted as Usual After ED Raids: Details
Cryptocurrency exchange WazirX stated on Sunday that its operations are being conducted as usual and crypto and rupee withdrawals are being processed normally. The announcement came days after the Enforcement Directorate (ED) conducted searches on one of the directors of Zanmai Labs, which owns the popular cryptocurrency exchange, and issued an ord...
-
Edward Snowden Says CBDC a 'Cryptofascist Currency' Designed to Put Governments at Centre of Every Transaction
Former NSA consultant and whistleblower Edward Snowden has called Central Bank Digital Currency (CBDC) a “cryptofascist currency” primarily designed to deny people the basic ownership of their money. In a tweet, Snowden said the CBDC will put the State at the centre of every transaction, in disagreement with the founding principles and protocol...
-
Will Form Government On Our Own In Karnataka, No Alliance For 2023 Polls: BJP Leader
The BJP would form the government on its own in Karnataka after the 2023 assembly polls, banking on the agenda of development, party national general secretary in charge of the state Arun Singh asserted in Mysuru on Tuesday.
-
Cryptocurrency Ban in China Forces Some Bitcoin Miners to Flee Overseas, Others Sell Out
China's sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global bitcoin production, as miners dump machines in despair or seek refuge in places such as Texas or Kazakhstan.
-
Accounts of Anil Ambani's Reliance Companies Declared Fraud: SBI To Delhi High Court
The bank accounts of Reliance Communication, Reliance Telecom and Reliance Infratel -- all owned by Anil Ambani -- have been classified as "fraud" the State Bank of India has told the Delhi High Court, opening up possibilities of a probe by the Central Bureau of Investigation. The court has asked the bank to maintain status quo on the accounts.
-
Opinion: Messy Yes Bank Rescue May Be Costliest Own Goal Since Notes Ban
Arm-twisting government-controlled State Bank of India to inject capital into failing Yes Bank Ltd. was the only option left for New Delhi.
-
Vistara, SBI Card Launch Co-Branded Credit Cards: 10 Things To Know
SBI Card and full-service carrier Vistara on Tuesday launched two premium co-branded cards- Club Vistara SBI Card and Club Vistara SBI Card PRIME. "The two variants of the ''Club Vistara SBI'' card come with several benefits and privileges, such as complimentary Club Vistara Silver/Base tier membership, welcome tickets on Vistara's domestic network...
-
OTO Capital Announces My OMI Plan For Flexible Two-Wheeler Financing
Bengaluru-based financial start-up OTO Capital has announced the launch of its monthly ownership plan for two-wheeler buyers. The company's OMI (Ownership Monthly Installment) plan is aimed to make owning a vehicle easier with flexible financing options that will be available directly at showrooms. OTO Capital is offering both leasing and long-term...
-
Traffic E-Challans: Here’s How to Pay Your Traffic Fines or Challans Online
Here is how you can pay your traffic e-challan online or track the status of your challan.
-
SBI Credit Card Business Plans Rs 8,000-Crore IPO: Report
At the end of March 31, 2019, SBI Card, which is 74 per cent owned by SBI and 26 per cent by US private equity firm Carlyle Group, had total assets worth Rs 19,593 crore.
-
Penalty Charges Levied By Key Banks For Non-Maintenance Of Minimum Balance
From public sector lender State Bank of India (SBI) to its private sector peers HDFC Bank and ICICI Bank, most banks have fixed their own average monthly balance requirements, which vary depending on factors such as branch location. The amount of penalty in case of non-compliance varies in different branch locations, based on factors such as the de...
-
You Need This Much Balance In Your Savings Account To Avoid Penalty Charges
From public sector lender State Bank of India (SBI) to its private sector peers ICICI Bank and HDFC Bank, the top banks have laid out their own rules to determine the required average monthly balance and the amount of penalty in case of non-compliance.
