State Bank Of India Fraud

The scam involved fraudulent job appointments, fake training sessions, and a meticulously constructed setup to deceive both unemployed individuals and local villagers

In August, the Karnataka government issued a directive to all departments, boards, corporations, universities, local authorities, and PSUs to discontinue ties with the two banks

Seeks exemption from sharing complete forensic audit report

The impact of a global recession, which is increasingly being feared by the International Monetary Fund and the World Bank, is unlikely to be as pronounced in India as compared to other countries, State Bank of India Chairman Dinesh Khara said. With a projected growth rate of 6.8 per cent and inflation "much under control", India is doing reasonably well, Khara told PTI in an interview on the sidelines of the annual meeting of the International Monetary Fund and the World Bank here on Friday. "Majorly, it (India) is an inward-looking economy in terms of demand because a significant component of the GDP is essentially addressed to the domestic economy. So, from that point of view, I think it (global recession) will have an impact but it won't be as pronounced as perhaps (it will be on) other economies which are fully coupled with the globe," he said. "If we look at the beta factor, perhaps the Indian economy's beta factor would be much lower as compared to some of the other larger ..

However, it allowed the parties to file replies and rejoinders and listed the matter on July 13

The agency carried out searches at the official premises of the accused and the company Bhanu Construction in Ranchi on Wednesday