All posts tagged: SBI news

Why SBI ordered to refund Rs 1.6 lakh to consumer after cloned ATM fraud | Legal News

Why SBI ordered to refund Rs 1.6 lakh to consumer after cloned ATM fraud | Legal News

However, the commission granted partial relief to SBI by setting aside the Rs 25,000 compensation awarded earlier for mental harassment. A bench comprising Judicial Members Nirmal Singh Medtwal and Mukesh, along with Member Ramanivas Saraswat, was hearing SBI’s appeal against the March 21, 2024 judgment of the District Consumer Disputes Redressal Commission, Jhunjhunu, challenging the district forum’s findings holding the bank liable for the fraudulent ATM withdrawals from one Mahendra Kumar’s account maintained at SBI’s Mandawa branch in Rajasthan. “The conclusion drawn by the District Consumer Commission that fraud had indeed occurred with the complainant appears correct,” the state consumer commission said on May 20, rejecting SBI’s contention that the customer himself was responsible for the disputed transactions. State commission rejects SBI’s defence The state commission, however, found no convincing material to show that the complainant had shared confidential payment credentials with anyone. It observed that although the complainant’s son may have occasionally used the ATM card, that by itself did not prove authorization for the fraudulent transactions. The bench noted that SBI itself admitted …

How Gang Looted SBI Bank

How Gang Looted SBI Bank

Bengaluru: A loan rejection drove a 30-year-old man to rely on TV shows and YouTube tutorials to carry out a huge robbery at the State Bank of India (SBI) in Karnataka’s Davangere last year, police said, as they recovered 17 kg of gold worth Rs 13 crore and arrested six people in the case. The prime accused was identified as Vijaykumar and he was assisted by Ajaykumar (28), Abheesheka (23), Chandru (23), Manjunath (32) and Paramananda (30) in the heist that took place in the Nyamati branch on October 28.  “Vijaykumar and Ajaykumar are brothers while Paramanda is the husband of their sister. All three are originally from Tamil Nadu but have had a sweets business in Nyamati for many years. The other three accused, Abhisheka, Chandru and Manjunath are from Nyamati,” the police said in a statement.  Reason Behind Heist The police said that an investigation into the robbery revealed that Vijaykumar was facing financial distress when he approached SBI for a Rs 15 lakh loan in August last year. His loan application was, …

Daily Briefing: Army probes into killing of three civilians, SBI’s ‘commissions’ for electoral bonds, NCERT’s textbook revision; and more | Live News

📬 Get this delivered straight to your inbox: https://indianexpress.com/newsletters/ Read this newsletter in a single page: Good morning! 🚨 Big Story The Army’s internal inquiries into the killing of three civilians, allegedly during interrogation by its personnel following a terror attack in J&K’s Poonch in December 2023 that left four soldiers dead, and into the operational gaps have found serious lapses in the conduct of 7-8 personnel. We delve into the findings of the inquiries. More than three months after they were picked up and tortured, nine of the 10 villagers who survived are yet to return to work, many still nursing their wounds. Here are their accounts. ⚡ Only in Express While demands for “commission” owed to the bank constituted a bulk of the correspondence between SBI and the Ministry of Finance on the electoral bonds scheme, the bank also sent alerts on “erroneous printing” of bonds and expected increase in sales ahead of elections. Here’s what the hundreds of pages of correspondence and emails — obtained by The Indian Express via a RTI …

SBI PO Mains Result 2023 declared, how to check and other details

The State Bank of India(SBI) on Thursday has declared the PO Mains Result 2023. Candidates who have appeared for the Probationary Officer main exam can check the results through the official website of SBI at sbi.co.in. SBI PO Mains Result 2023: How to download To check the result, candidates can follow the steps given below. Visit the official website of SBI at sbi.co.in. Click on careers link and then click on current opening link. A new page will open where SBI PO Mains 2023 result link will be available. Click on the link and the PDF file will open. Check the result and download the page. Keep a hard copy of the same for further need. This recruitment drive will fill up 2000 posts in the organization. Meanwhile, Psychometric test will be conducted January 16 onwards and Group Exercise & Personal Interview (At LHO centres) will be conducted from January 21 onwards, according to the official notification. SBI will conduct the psychometric test for personality profiling, of those candidates who will be shortlisted for Phase …

SBI PO Prelims Result 2023 expected soon: How to check results at official website?

The State Bank of India will release the results for SBI PO Prelims Result 2023 very soon. As per the official notification, SBI PO Prelims Result 2023 will be announced in November/December 2023. Candidates who have appeared for the preliminary examination can check the results through the official website of SBI at sbi.co.in. The online preliminary examination was conducted in November 2023. Those candidates who will qualify for the prelims exam will be eligible to appear for the main examination. This recruitment drive will fill up 2000 posts in the organization. Follow the blog for the latest updates on results, scorecards, and other details. SBI Clerk Recruitment 2023: Notification for 8283 posts out  State Bank of India has released the SBI Clerk Recruitment 2023 notification. The Bank has invited applications for Junior Associate posts. Eligible candidates can apply online through the official website of SBI at sbi.co.in. This recruitment drive will fill up 8283 vacancies of Junior Associate (Customer Support & Sales) in the clerical cadre. The registration process will begin on November 17 and …