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SBI, HDFC Bank, ICICI Bank remain Domestic Systemically Important Banks in 2024: RBI

Mumbai, Nov 13 (PTI) State Bank of India, HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks (D-SIBs) by the Reserve Bank of India. The Reserve Bank on Wednesday came out with the list of D-SIBs. Inclusion in the list requires the lenders to maintain higher Common Equity Tier 1 (CET1) in addition to the capital conservation buffer as per the bucket under which it has been classified. The State Bank of India (SBI) continues to be in bucket 4, which will require the country’s largest lender to keep an additional CET1 of 0.80 per

Properties can’t be demolished merely because someone is accused or convict: Supreme Court

New Delhi, Nov 13 (PTI) Coming down hard on instant ‘bulldozer justice’, the Supreme Court on Wednesday laid down pan-India guidelines on demolition of properties and said the Executive cannot become a judge, declare an accused as guilty and demolish his house. A bench of Justices B R Gavai and K V Viswanathan said it will be “totally unconstitutional” if houses of people are demolished merely because they are accused or even convicts. Pronouncing the verdict, Justice Gavai said it is not a happy sight to see women and children on streets overnight. The bench directed that no demolition be

Brisk polling in first 3 hrs of LS polls in Wayanad; 20.54 per cent turnout till 10.30 am

Wayanad/Thrissur(Kerala), Nov 13 (PTI) Brisk polling was seen in the Wayanad Lok Sabha and the Chelakkara assembly seats in Kerala as they witnessed a turnout of 20.54 and 19.08 per cent, respectively, after the first three hours of voting on Wednesday. The election process, held amidst tight security arrangements, was primarily incident-free except for electronic voting machine (EVM) breakdowns reported in some booths of Wayanad and Chelakkara. The EVM breakdowns were reportedly quickly addressed by the election officials. The voter turnout in Wayanad LS constituency was 13.7 per cent at 9.30 am, barely rose to 13.91 per cent at 10

Bypoll: Wayanad witnesses brisk polling

Wayanad/Thrissur(Kerala), Nov 13 (PTI) During the first hour of voting, Wayanad Lok Sabha and the Chelakkara assembly seats in Kerala witnessed a turnout of 6.96 and 7.2 per cent, respectively on Wednesday. People started arriving early in the morning at the 1,354 polling booths in the hill constituency of Wayanad where there are over 14 lakh registered voters, according to the Election Commission figures. Some arrived early, while others wanted to get it over with quickly before more people started reaching the polling stations, they told reporters. It is a holiday in Wayanad LS and Chelakkara assembly constituencies on account

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