-Moneylife.in State Bank of India (SBI) has again refused to share the names of borrowers who owe Rs100 crore or more, even with its shareholder. Over the past nine years, from FY13-14 up to FY21-22, SBI has written off bad loans of over Rs145,248 crore of big defaulters, while recovering just over 13% from them. SBI told social activist and shareholder Vivek Velankar, "The Bank is under statutory and regulatory obligations to...
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Anger Grows in Rural UP as Yogi Govt Orders 'Ineligible People' to Return Ration Cards -Abdul Alim Jafri
-Newsclick.in The government asked the ineligible individuals to surrender their ration cards by May 20 or face disciplinary actions. Lucknow: The scheme of free ration distribution is believed to have had a tremendous impact on the Bharatiya Janata Party's (BJP) victory in the recently-concluded Uttar Pradesh Assembly polls. Buoyed by its victory, Chief Minister Yogi Adityanath, in the first decision on the second day of his second consecutive term, declared that his...
More »Refund fine, restore seized properties of anti-CAA protesters, SC tells UP Govt
-The Pioneer New Delhi/ Lucknow: The Supreme Court on Friday directed the Uttar Pradesh Government to refund the fine and restore the attached properties of the alleged anti-CAA protesters for causing damage to public and private assets in December 2019. Terming it as a case of “unjust enrichment”, the court said the State can recover the damages under the new law, once it is established before the claims tribunal that public and...
More »Apex court ticks off Yogi Adityanath govt over CAA damage notices -R Balaji
-The Telegraph Justice D.Y. Chandrachud and Justice Kant gave additional advocate-general Garima Prashad time till next Friday to come out with government’s position on the matter New Delhi: The Supreme Court on Friday warned the Uttar Pradesh government with “consequences” if it failed to withdraw 236 notices issued in 2019 to alleged anti-Citizenship Act protesters for the recovery of compensation over damage to public properties. The apex court said the notices had violated...
More »Wait ahead for farmers for loan waiver -Piyush Srivastava
-The Telegraph Lucknow: Implementation of the crop loan waiver that Yogi Adityanath's government had announced on April 4 faces a fresh threat of delay, this time because of poor Internet connectivity in the border regions. Adityanath had on Friday asked district administrations to collect the loan data from the banks and upload them on their websites by July 31 and then start handing out the waiver certificates. But hundreds of bank branches have...
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