If you are also a customer of the State Bank of India (SBI) and run a Regular Savings Account, then this story is of use to ...

State Bank of India (SBI) is classifying the loan account of insolvent Reliance Communications as fraudulent, citing alleged diversion of funds in a case dating back to 2016. The disclosure was made b ...

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State Bank of India engages in the provision of commercial banking services. It operates through the following segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking ...

Last year, state-run Canara Bank also tagged the RCom loan account as ‘fraud,’ a decision that the Bombay high court stayed.

RCom: The loans referred to in SBI’s letter dated June 23 pertain to the pre-CIRP period and, under the IBC, must be addressed through the approved resolution plan or liquidation proceedings.

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NEW DELHI (IANS)- The State Bank of India (SBI) has decided to report Reliance Communications’ loan account as “fraud”, a ...