State Bank of India (SBI)

Indian Companies in 2022 Fortune 500 list

In the Fortune Global 500 list of year 2022, 9 Indian public and private companies have been added. Life Insurance Corporation (LIC) of India has been ranked at 98th position in the list, with revenue worth USD 97,266.7 million. LIC ..

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SBICAP- MEA MoU for TDC Fund

Recently, a Memorandum of Understanding (MoU) was inked by SBICAP Ventures Limited (SVL) with Ministry of External Affairs (MEA) to set up the “Trilateral Development Cooperation Fund (TDC Fund)”. Key Facts SBICAP Ventures Limited is a subsidiary of State Bank ..

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SBI: Authorisation to issue of Electoral Bonds

The Union Government authorised the State Bank of India (SBI) for issue of and encashing Electoral Bonds through its 29 Authorised Branches. What are Electoral Bonds? Electoral bonds are instruments through which anyone can donate money to political parties. Electoral ..

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SBI Ecowrap report on Income Inequality

The State Bank of India published its Ecowrap report on Income Inequality in India. Findings of the report According to Ecowrap report, income inequality in India has been declining since Financial Year 2017. India also did well during covid-19 pandemic, ..

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ABG Shipyard Bank Fraud

The Central Bureau of Investigation (SB) has booked ABG Shipyard Ltd, in its biggest bank fraud case. Highlights CBI also booked its then Chairman and Managing Director Rishi Kamlesh Agarwal along with others. They have been booked for cheating a ..

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19th Tranche of Electoral Bonds Approved

Central government approved the issuance of 19th tranche of electoral bonds on December 31, 2021, ahead of assembly elections in five states. Highlights Sale of electoral bonds will be open from January 1 to 10, 2022. State Bank of India ..

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