Mar 06, 2014 at 16:47 | Source: PTI
Acharya, who headed the mid-corporate group as deputy managing director, was forced to go on leave in November after the CBI case charged him with taking pecuniary benefits to clear a loan. However, he was given a clean chit in an internal probe by the bank.
Dec 23, 2013 at 18:19 | Source: CNBC-TV18
State-run lender State Bank of India recently cut home loan rates. In a discussion with CNBC-TV18s Gopika Gopakumar, SBI Chairman Arundhati Bhattacharya said the rate cuts came on the back of excess liquidity in the banking system.
Dec 06, 2013 at 21:30 | Source: PTI
Acharya, who headed the mid-corporate group for the bank, was alleged to have facilitated the sanction of a loan against some favours.
Nov 27, 2013 at 21:31 | Source: CNBC-TV18
Sources have said that the bank could see tough times going ahead. This means the decisions taken by the mid corporate group headed by Shyamal Acharya could come under widespread regulatory scrutiny.
Nov 27, 2013 at 19:30 | Source: PTI
Takru, who is on the board of the bank as government nominee, also said it is wrong to blame the high bad assets in state-run banks to corrupt and lax practices in the loan appraisal process and ruled out changing the existing laws and procedures of working of banks.
Nov 26, 2013 at 20:14 | Source: CNBC-TV18
Investigations have revealed that Acharya had allegedly invested an additional 6 kilos of gold with jeweler named Amrut Lal Jain. According to CBI sources, Jain is currently on the run, but his offices have been sealed.
Nov 26, 2013 at 08:47 | Source: Reuters
Indian federal police said they had put the deputy managing director under investigation in the case, in which he is alleged to have received Rolex and Omega watches after approving a loan to Worlds Window Group, a metals trading company.
Nov 25, 2013 at 20:28 | Source: PTI
CBI's Economic Offences Wing in Mumbai had registered a case against Acharya who is also the head of Mid-Corporate wing of the Bank, former SBI official K K Kumarah and Chairman of Worlds Window Group Piyoosh Goyal for alleged graft.
Nov 25, 2013 at 16:31 | Source: PTI
Hemant G Contractor, who is the MD and group executive for international banking, and A Krishna Kumar, MD and group executive for national banking, are the members of an internal panel constituted to probe the corruption charges.
Nov 25, 2013 at 10:56 | Source: PTI
CBI sources said its Economic Offences Wing in Mumbai has registered a case against Deputy MD of SBI Shyamal Acharya who is also the head of Mid-Corporate wing of the Bank, former SBI official K K Kumarah and Chairman of Worlds Window Group Piyoosh Goyal for alleged graft.