Tag

State Bank of India

17 articles
State Bank of India and its subsidiaries are facing a multitude of legal and regulatory proceedings, reflecting ongoing disputes and challenges across various sectors. Recent court activity includes dismissals for default in cases involving Cycle Corp India and Bengali Seelpi, as well as the adjournment of appeals related to Suryastone Ventures and Ebix Singapore. Despite these legal headwinds, SBI Cards reported a robust fiscal year 2026, with a 13% increase in net profit to ₹2,167 crore and improved asset quality, alongside seeking shareholder approval for significant related-party transactions totaling approximately ₹28,000 crore. These developments highlight the bank's resilience amidst legal complexities and its continued focus on core business performance.
Supreme Court Dismisses Taguda Pte Ltd Appeal
Supreme Court dismissed Taguda Pte Ltd's civil appeal against State Bank of India, upholding NCLAT order dated 06 July 2026. The appeal pertained to Company Appeal (AT) (Insolvency) No. 1710 of 2025,
State Bank of India Secures Stay
Supreme Court heard petition by State Bank of India against SMS India Private Ltd regarding High Court order dated 23 June 2026. Court issued notice to be returned within four weeks and stayed the ope
Supreme Court Orders JUWEL SK Bank Affidavit
Supreme Court heard petition for special leave to appeal JUWEL SK vs State of West Bengal on 18 Aug 2026. Court noted counter‑affidavit cited letters to SBI, HDFC Bank and Babaltali Raninagar Samabay
Madras HC Orders De‑freeze of Soundarya’s Account
Petition filed under Article 226 seeking mandamus to unfreeze savings account No. 40865299337 of petitioner Soundarya. Respondents include SBI Ezhumalai Branch manager, Equitas Small Finance Bank mana
State Bank of India Appeals NCLAT Order
State Bank of India files appeal before NCLAT against Kishore Associates AOP & Ors. NCLAT issues notice to respondents, requiring process fee within 48 hours. Matter admitted for consideration and lis
NCLAT Grants Ebix Singapore Service Extension
NCLAT permits Ebix Singapore to serve State Bank of India with appeal documents after accepting explanation for delay. Appellant granted three working days to complete formal service steps and pay req
Supreme Court Allows IA, Deletes SBI Respondent
On 17 Aug 2026, Supreme Court heard Civil Appeal 35599/2026 between Indian Bank and State Bank of India. Court granted respondents two weeks to file a counter‑affidavit and allowed IA No. 233567/2026,
NCLAT Adjourns Garden Court Distilleries Appeals
NCLAT adjourned two interconnected appeals involving State Bank of India and Garden Court Distilleries to August 13, 2026. The appeals relate to insolvency proceedings with State Bank of India as appe
NCLAT Adjourns SBI vs Garden Court Distilleries Appeals
NCLAT Principal Bench adjourned two interconnected insolvency appeals to next day. Appeals involve State Bank of India and Garden Court Distilleries Pvt. Ltd. Matter concerns Akhil Ahuja as Liquidator
NCLAT Reserves Judgment in Garden Court Distilleries Appeals
NCLAT reserves judgment in two interconnected insolvency appeals involving State Bank of India and Garden Court Distilleries. Appeal AT(Insolvency) 1138/2026 features SBI as appellant against Garden C
State Bank of India Holds Investor Meetings August 2026
State Bank of India disclosed outcomes of investor interactions held on 17 August 2026 arranged by Motilal Oswal. Meetings included one-on-one sessions with Axis MF, Fidelity, Morgan Stanley, and Ashm
Supreme Court Orders Service in SBI SLP
Supreme Court heard SBI's Special Leave to Appeal petitions (Nos. 34697‑34698/2025) on 17‑Aug‑2026, with counsel details. Court allowed service of spare copies through the Trial Court after petitioner
SBI Wins Appeal Over 1391-Day Absence
The Madras High Court set aside the 2023 single‑judge order granting pension relief to former SBI employee V. Indira Nawada. The court held her resignation was valid, citing 1,391 days of unauthorized
State Bank of India SLP Dismissed
Supreme Court dismissed the Special Leave Petition filed by State Bank of India and others, treating it as withdrawn. Petition sought withdrawal with liberty to file a review petition before the Divis
NCLAT Lists SBI-Saraf Insolvency Appeals for Admission
NCLAT closes opportunity for State Bank of India to file additional affidavit in insolvency appeal. Tribunal lists two connected appeals filed by Anshu Saraf and Pravin Saraf against SBI for admission
NCLAT Adjourns SBI Insolvency Appeal to September
NCLAT adjourns State Bank of India's insolvency appeal hearing to 25th September 2026. The appeal involves Gordhan Ratanbhai Godhani, erstwhile IRP of Aditya Prints Private Limited. The order was issu
NCLAT Adjourns SBI vs Garden Court Distilleries Appeals
NCLAT Principal Bench adjourns two interconnected insolvency appeals to next hearing date. Appeals involve State Bank of India and Garden Court Distilleries Pvt. Ltd. with liquidator representation. M