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The bank confirmed that an internal probe was underway. “In line with our policies, a review is currently underway to gather and evaluate all relevant facts. To protect the integrity of the process and the privacy of all parties involved, we do not comment on active internal reviews,” the bank said.

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The disclosure follows a claim by cybersecurity monitoring account CyberPulse that a threat actor using the name Siriusim had leaked documents and personal data allegedly linked to SBI. The post claimed the dataset contained 3,75,000 rows in CSV files and 2,722 PDF documents, including customer information, loan applications, supporting documents, account-opening forms and addre...

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Maruti Suzuki, Hyundai Motor India and Tata Motors Passenger Vehicles — among the country’s top players, together accounting for two-thirds of PV sales — have reported strong bookings and deliveries during Navratri, raising hopes that demand will hold up through Diwali. However, FADA reported a 22% year-on-year decline in PV retail sales during Navratri to 1,82,728 units from 2,...

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Due to a tight fund-flow situation in the system, on the back of a high govt balance, GST-related outflows and funds getting blocked primarily in the Jio Platforms IPO, bidders wanted higher rates in the auction, bond market players said. On the other hand, RBI was reluctant to pay high rates because this could have indicated elevated rate signalling for the short term by the ce...

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RBI’s MPC voted unanimously to raise the repo rate by 25 basis points to 5.5%, but split 4-2 on shifting to calibrated tightening, signalling rate cuts were off the table in the near term as inflation threatens to spread beyond food and fuel. Governor Sanjay Malhotra, deputy governor Poonam Gupta, executive director Indranil Bhattacharyya and external member Saugata Bhattacharya...

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